Hubbard Closes On Purchase Of Alpha Media's West Palm Beach Cluster

Closes On Palm Beach Buy

HUBBARD RADIO LLC's WPB FCC LICENSE SUB, LLC has closed on its purchase of ALPHA MEDIA LICENSEE LLC's WEST PALM BEACH cluster -- Country WIRK/INDIANTOWN, AC WRMF/PALM BEACH, Sports WMEN-A (640 THE HURRICANE)/ROYAL PALM BEACH, News-Talk WFTL-A and Classic Hits WEAT (SUNNY 107.9)/WEST PALM BEACH, and Urban AC WMBX (X102.3)/JENSEN BEACH, plus FM translators W225DD/WEST PALM BEACH (rebroadcasting WFTL) and W242CI/JUPITER (rebroadcasting WMBX-HD2 as Urban BEATZ 96.3) -- for $88 million cash.  The deal was announced on SEPTEMBER 17th, 2018 and filed in NOVEMBER.

KALIL AND CO. served as broker for the deal.  ALPHA purchased the cluster as part of its purchase of DIGITY LLC in FEBRUARY 2016.

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