NorthEast Radio Watch 9/27/2021: Major Move for Major Keystone

In this week’s issue… Cumulus sells off Keystone State AMs – Remembering Canada’s Allan Slaight – VT’s Messner sets retirement – Cox makes radio cuts 

By SCOTT FYBUSH

Jump to: ME – NH – VT – MA – RI – CT – NY – NJ – PA – Canada

*As AM radio enters its sunset years, we’re seeing some big operators simply turning off their smaller AM signals when they can’t make a strong business case to keep them operating.

For four of Cumulus’ stations in central and eastern PENNSYLVANIA, however, there’s a new lease on life on the way as the company prepares to sell them to a smaller but growing broadcaster. Andrea and Pat Cerullo’s Major Keystone LLC operates the “Loud” hip-hop stations via AMs and translators in Allentown and Reading and recently (with the help of Fybush Media) acquired a translator in State College.

Now Major Keystone is about to make some bigger growth. It’s paying $179,500 for WARM (590 Scranton), WTKZ (1320 Allentown), WIOV (1240 Reading, plus a translator at 98.5) and WGLD (1440 Manchester Township-York, plus a new translator at 107.1).

Under Cumulus, the stations had been carrying sports talk – CBS Sports Radio on WARM, WIOV and WGLD, while WTKZ was simulcasting Fox Sports Radio with WEEX (1230 Easton), which stays with Cumulus (and which will continue to be heard on FM via a 94.7 translator in Allentown.)

What will Major Keystone do with its new acquisitions? We’ll be watching…

Looking to get into station ownership? Our StationSale division has some great new listings for you, including a major market FM translator opportunity, a profitable Midwest FM, an inexpensive entry into a fast-growing Western market, and a turnkey profitable FM/AM/translator small-market combo that’s ready for a new owner. Drop me a line at scott@fybush.com and I’ll set you up with an NDA and all the details…

And if your noncommercial FM station is ready to think about translators, there’s a filing window coming soon from the FCC and it’s the perfect time to start making plans.