Community Broadcasters Expands To Florida, Acquires 4 Stations

Jim Leven

Community Broadcasters LLC has purchased four signals in the Destin/Ft. Walton Beach market from Apex Broadcasting Inc. and has filed for transfer of the licenses pending approval from the FCC as of today.  Apex Broadcasting was represented in the transaction by MVP Capital, LLC and Kalil & Co.

Community Broadcasters LLC, in partnership with Northwood Ventures, currently owns and operates 16 signals in upstate New York as well as 16 radio stations, 7 translators and 3 TV construction permits located in South Carolina. The purchase from Apex brings Community Broadcasters’ total holdings to 46 signals.

“We established Community Broadcasters in 2006 with the vision to become the voice for the community. Our stations are considered great places to work and we look forward to supporting the staff, listeners and Ft. Walton Beach communities in every way,” says Jim Leven.

“This purchase furthers our vision to grow a small-market radio group in strategic locations throughout the U.S.  These Apex stations have an impressive listenership reaching approximately 50% of the population in the Destin/Ft. Walton Beach market. That certainly made this purchase very attractive,” adds Bruce Mittman.

Bruce Mittman

“We look forward to Community Broadcasting continuing the excellent products and locally focused work Apex has put in place over the last few years. This is a great area and we know Jim and Bruce will be important contributors to the local community in the years ahead,” said Dean Pearce, President of Apex Broadcasting, Inc.

Bruce Mittman also owns and operates Boston-based Mittcom, a full-service advertising agency representing brands such as Subaru of New England, The Paper Store, Empire Loan, Laer Realty, Pure Hockey, Boch Enterprises and Patch Products, a leading manufacturer of toys and specialty line products.

The 4 stations in Florida purchased from Apex Broadcasting:

• Top40 WECQ 92.1 FM – Destin, FL
• Country WHWY 98.1 FM – Holt, FL
• Adult Hits WWAV 102.1 FM – Santa Rosa, FL
• Active Rock WZLB 103.1 FM – Valparaiso, FL