It’s a transaction with Clarity at its foundation, and involves the proposed acquisition of two FM radio stations serving Lexington-Fayette, Ky., by Lynn Martin through L.M. Communications. Acquiring the stations would exceed local ownership subcap rules for the market, as L.M. already owns four FMs in the market.
Martin is betting that a modernization-minded Commission will pull the trigger on the deal, especially considering a pending transaction that would see Connoisseur Media own every rated radio station in Lincoln, Neb.
