Flip This Stick: Cumulus Deal Nets ‘Stunning’ Boost
By Adam R Jacobson
RBR + TVBR
A 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).