Price revealed on the transaction Frontier


One of the newest broadcast group owners is kicking off in multimedia mode with four radio markets and a television market. Jason Wolff's Frontier companies filed with the FCC to buy Fox WGXA-TV in Macon last week, and now we have the documents on the group's 16-station radio acquisition from Clear Channel. It's getting a one-AM/three-FM cluster in San Luis Obispo CA, a one-AM/three FM cluster in Santa Maria-Lompoc CA, a one-AM/four-FM cluster in Victor Valley AZ and a one-AM/two-FM cluster in unrated Yuma AZ, all for 40M cash. Wolff's license companies are listed as subsidiaries of either Frontier Television Investors or Frontier Radio Investors, depending.