Flip This Stick: Cumulus Deal Nets ‘Stunning’ Boost

By on Aug, 31 2016 with Comments 0

By Adam R Jacobson

abqA 250-watt translator licensed to Sandia, N. Mex. has just been flipped for a whopping 592% profit.

Thank Cumulus Media for making the huge payday a possibility for one Martha Whitman, who just agreed to purchase the facility from Educational Media Foundation (EMF).

They’ll assume control of the facility tomorrow (Sept. 1).

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About The Author: Adam R Jacobson is a veteran radio industry journalist and advertising industry analyst with general, multicultural and Hispanic market expertise. From 1996 to 2006 he served as an editor at Radio & Records.

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