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Scripps to Sell 2 Milwaukee Radio Stations

Scripps will sell two Milwaukee radio stations to Wisconsin sports marketer and broadcaster Good Karma Brands for $16 million, the seller said Friday. The deal for WTMJ(AM) and WKTI(FM) is expected to close in Q4. The deal is part of…

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a larger effort by Scripps to sell off its 34 radio stations (see 1801260032); in June, Scripps announced the sale of five radio stations in Tulsa (see 1806250041). “We are on track for the sale of our entire radio station group as a component of our enterprise-wide strategy,” the broadcaster said.