On the morning of March 20, MGTF Radio Company — the entity created by the sons of veteran Pittsburgh radio station owner Saul Frischling — filed a bankruptcy petition in U.S. Bankruptcy Court for the Eastern District of Missouri. By day’s end, it became known that WPNT Inc., the licensee for the Frischling family’s two FMs in Pittsburgh, had been added to the Missouri petition.
Collectively, the Frischling’s stations are branded as Steel City Media. On Wednesday evening, it became known that a Chapter 11 reorganization plan has been filed in St. Louis.