Knoxville Radio Getting Louder
• Loud Media, the recently launched local radio company owned and operated by Aaron Ishmael and Ricki Lee is pleased to announce that they have come to an agreement with Momentum Broadcasting, LLC to acquire AC WJRV/Oliver Springs, TN and Oldies WTNQ/La Follette, TN, both of which serve the Knoxville, TN market.
Loud Media will take over the operation of the two stations via Local Marketing Agreement, effective July 1, 2020. Aaron Ishmael said, “We are extremely excited about strengthening our position in the Knoxville market. WJRV and WTNQ are the perfect companions for our other two established radio stations, WVLZ and WKCE. We are looking forward to introducing two exciting new radio brands to Knoxville and expanding our footprint starting July 1, 2020.”
Loud Media also operates radio stations in New York State, Tennessee and Colorado. Broker Eddie Esserman represented the seller for this transaction, which is expected to close by the Fall 2020, subject to FCC approval.