The sale of 37 radio stations from Mapleton Communications, LLC to Stephens Media Group has been completed.
Stephens Media Group, is an Oklahoma-based company headed by David Stephens; Mapleton is based in California and is owned by Jim Shea.
Stephens Media Group also owns stations in Tulsa and Ardmore, Oklahoma; Watertown, Ogdensburg, Massena, and Rochester, New York; Yakima and the Tri-Cities, Washington. The stations Stephens is buying are in Medford, Oregon; Merced, Monterey, and Redding, California; Spokane, Washington; Alexandria and Monroe, Louisiana.
RBR + TVBR has been following this story closely since early July with two in-depth reports:
“The End Of The Road For Mapleton”
“A Giant Leap Forward For An Oklahoma Broadcaster”
The sale, brokered by Kalil & Company, includes these stations: