DELMARVA- Draper Media has announced plans to expand its broadcasting footprint through the acquisition of six radio stations from Forever Media.
The deal, announced June 11, includes the purchase of WDEL AM & FM and WSTW-FM in Wilmington, Delaware, WXCY-FM in Havre de Grace, Maryland, and WCEI-FM and WINX-FM, which serve Maryland’s Mid-Shore region.
“We’re excited to add these stations, each with a long history of serving their local communities, to our company,” said Molly Draper Russell, CEO of Draper Holdings Business Trust, parent company of Draper Media. “Our family’s history of service through free over-the-air broadcasting goes back nearly 60 years. The addition of these stations fits perfectly into our late founder, my father, Thomas H. Draper’s motto that it is our moral obligation to serve our audience and advertising partners.”
Forever Media also praised the decision saying, “We are proud of the legacy these stations have built in their communities and grateful to our dedicated teams who have served listeners with passion and professionalism,” said Lynn Deppen, President of Forever Media. “We are confident that Draper Media shares our commitment to local broadcasting and will continue to provide outstanding service to audiences and advertisers alike as these stations enter an exciting new chapter.”
Draper Media currently operates WBOC-TV, FOX21, WRDE-TV, Telemundo Delmarva, Antenna TV, My Cozi TV, The DSN Sports Network, and multiple FM radio stations across the Delmarva Peninsula. With this acquisition, Draper Media will expand its portfolio to include these respected stations, further strengthening its commitment to delivering high-quality news, entertainment and community-focused programming.
The transaction is expected to close in the third quarter of 2025, subject to approval by the Federal Communications Commission. Forever Media is represented by broker Michael J. Bergner of Bergner and Co.