Andrulonis Media, LLC is a multimedia marketing firm that owns several radio stations in the United States.
[1] In 2018, Andrulonis announced the sale of the last of those stations to Rick Freeman, a Scranton-based businessman previously in the newspaper industry.
Andrulonis and agreed to sell the stations to Freeman in a transaction consisting of 10% cash (to consummate a time-brokerage agreement until the sale consummates) and 90% cryptocurrency, the first time cryptocurrency has ever been used in a broadcast license transaction; he stated that "it was time" for him to give up the stations to someone else more interested in building them.
Bartley went bankrupt and, in 2020, sold Colonial Radio Group of Williamsport to Seven Mountains Media, a regional broadcaster.
[9] Andrulonis also began divesting his Carolinas cluster in 2021, selling WYAY and WMIR-FM to Maryland Media One,[10] another station to GT Radio,[11] and a third to Gorilla Broadcasting in early 2022.