Equity Communications has completed the sell-off of its properties in southern New Jersey with the sale of “Classic Oldies WMID” 1340 WMID Atlantic City/1230 WCMC Wildwood to Rick Brancadora’s The Jersey Giant WMID LLC for $50,000.
The sale follows Equity’s $2 million sale in August of four FMs to iHeartMedia. The company also has pending divestitures of WMID simulcaster 93.1 WEZV Wildwood Crest to Educational Media Foundation and 102.3 WAIV Cape May to Mighty Voice Broadcasting.
The two AMs will join Brancadora’s holdings of Classic Hits 94.3 WIBG-FM Avalon and recently flipped “Hot Country 101” 1020 WWAC Ocean City-Somers Point/101.3 W267BP Pleasantville/101.9 W270DV Palermo.
Lance Venta, RadioInsight (2023-09-18)