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MediaBuyerPlanner: Bruce Mittman and Jim Leven have bought seven radio stations in and around Watertown, N.Y. under their new company, Community Broadcasters.
The purchase, the company's first, from the Clancy Mance radio group includes five FMs--top 40 WBDI/ WBDB, rock WOTT, AC WTOJ and oldies WGIX--and two AMs--news/talk WATN and conservative talk WSLB, Billboard Radio Monitor reports. Community Broadcasters paid $5.5 million for the stations.
Leven, a broadcast executive and consultant who formerly owned Pilot Communications, is president and CEO of the new company. Mittman, who ran and owned radio stations in the Boston and New England markets, will serve as executive VP and chief financial officer.
Leven and Mittman said in a release that they were interested in the stations owned by Clancy Mance for their first acquisition because of the strength of the Watertown market.
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