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Raycom Media. Raycom Media, Inc. was an American television broadcasting company based in Montgomery, Alabama. Raycom owned and/or provided services for 65 television stations and two radio stations across 44 markets in 20 states. Raycom, through its Community Newspaper Holdings subsidiary, also owned multiple newspapers in small and medium ...
WTSS itself redirected listeners to Audacy sister station 98.5 WKSE, with the two stations simulcasting for a week before the sale closed. Star 102.5's format was shifted after the sale to 107.7 WLKK's HD2 subchannel and continues to stream on the Audacy app. "The New Star 96.1" shifted to a playlist more in line with WTSS's old format.
A second sale took place in June 2018, when the UK government disposed of second tranche of shares, representing a 7.7% stake, at an average price of 271p per share. This brought its shareholding down to 62.4%.
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