Mainstay Station Trust Closes on Sale of WNUQ-FM/Albany GA
|RADIO ONLINE | Wednesday, November 27, 2019|
The Mainstay Station Trust LLC has closed on the sale of Country WNUQ-FM (102.1 Nash Icon)/Albany, GA to Joe Harris Morgan III's Pretoria Fields Collective Media for $90,000. The station will change call letters to WPFQ as "Q102, The Queen Bee" on January 2 under a new undisclosed format. The Mainstay Station Trust is headed by San Francisco-based media broker Elliot Evers of MVP Capital.
The move was part of Cumulus Media's divesture of four medium and small market outlets to bring it into compliance with the FCC's ownership rules under its previous bankruptcy reorganization plan. Other stations Cumulus is divesting include Sports WTOD-FM (106.5 The Ticket)/Toledo OH, Country WPCK-FM (Nash FM 104.9)/Green Bay WI and Oldies KJMO-FM (Cool 97.5)/Columbia MO.