First Media Radio Sells Off Four Stations

Two different media companies acquire licenses and assets of Pennsylvania stations
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Seven Mountains Media and Southern Belle have acquired the assets and licenses, respectively, of four Pennsylvania radio stations.

First Media Radio sold WZWW(FM), a 790 watt station licensed to Bellefonte, Pa.; WMRF(FM), a 3,900 watt station licensed to Lewistown, Pa.; WLAK(FM), a 160 watt station licensed to Huntingdon, Pa.; and WIEZ(AM), a 5,400 watts daytimer licensed to Lewistown, Pa.

Alex Kolobielski, chief operating officer of First Media, made the sale via broker Larry Patrick of Patrick Communications. The transaction totaled $2,075,000 cash at closing.