Family Affair: Cantrell, Confer Agree To 46-Station Deal | Radio & Television Business Report
Kristin Cantrell is growing 7 Mountains Media, thanks to a transaction filed late Wednesday with the FCC that will transfer some 46 stations from her father's Forever Media. No money will exchange hands. To meet FCC local ownership rules, a spin-off deal is in place. It involves COO Jim Loftus, and a licensee he independently controls.
Source: rbr.com