According to broker Michael J. Bergner, Kristin Cantrell will pay $2.075M for the stations.
Larry Patrick of Patrick Communications provided brokerage services on behalf of the seller. Patrick noted that Seven Mountains was buying the station assets, while the licenses were going to Southern Belle LLC.
The seller is First Media LLC, headed by Alex Kolobielski.
Larry Patrick of Patrick Communications provided brokerage services on behalf of the seller.
The stations include:
WZWW-FM, Bellefonte PA, a Class A on 95.3 MHz serving State College.
WMRF-FM Lewiston PA, a Class A on 95.7 MHz with 3.9 kW @ 407’
WLAK-FM Huntingdon PA, a Class A on 103.5 MHz with 160 W @ 1,427’ and serving the area to the east of Altoona
WIEZ-AM Lewiston PA, a Class D on 670 kHz with 5.4 kW-D, ND.