Three weeks ago, a broker announcement from Bergner & Co. revealed that the company led by Bruce Mittman and Jim Leven would be selling their Twin Tiers stations to a growing radio station owner led by CEO Kristin Cantrell and COO Jim Loftus.
We now know the price Seven Mountains Media is paying an AM/FM combo in Olean, N.Y., and three FMs and two AMs to the east in the Corning-Elmira, N.Y., market.
It’s in the millions of dollars.