Sun sets in Somerset

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A deal for WTLO-AM in Somerset KY will take Cumberland Communications President Harris Rakestraw III out of the radio business and will give Key Broadcasting President Terry Forcht an AM-FM combo, eventually, in the small Kentucky market. Using licensee name F.T.G. Broadcasting, Forcht is picking up the 1 kw-daytimer. According to broker Ed Henson of Henson Media, the price is 300K. The station will pair up with WYKY-FM Science Hill KY, which at this point is still a CP. The buy will take Key to 18 stations in Kentucky, Illinois and Indiana.


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