Larry Wilson, Chairman of Alpha Broadcasting and L&L Broadcasting Portland, Oregon announced a definitive agreement to purchase six stations in Jackson, MS owned by YMF Media: WKXI-FM, WJMI-FM, WRKS-FM, WJNT-AM, WOAD-AM and WJQS-AM. Purchase price was not announced.
Wilson will add the Jackson cluster to L&L’s current 24 stations for a total of 30. Said Wilson: “The YMF Media cluster in Jackson will be a great addition to our Mississippi footprint. As the state capital, Jackson is an energetic and thriving city with endless opportunities for growth. We’re excited to bring these heritage stations into the L&L family.”
On 7/1, L&L sold six Fargo, ND stations of the 30 that it acquired from Triad Broadcasting in May. L&L had spun those stations to Jim Ingstad, a long time broadcaster and local resident of Fargo, for $9.5 million.
L&L now O&Os 30 radio stations in five markets: Jackson, MS; Biloxi, MS; Bluefield, WV; Hilton Head Island, SC/Savannah, GA and Peoria, IL.