Light Media (OTC Markets: LGMH), Inspirational Media Specialist, announced today that it has signed a definitive agreement to divest the assets of its Power 105.5/The King radio Radio Station to Mt. Olive Baptist Church. The transaction is subject to customary conditions, including regulatory and other approvals.”Power 105.5/The King was a perfect opportunity to test a number of theorems specifically related to (a) the community impact and reach of radio generally, and (b) the ability to launch new/untested formats quickly and efficiently and effectively for maximum results. Light Media achieved its primary objectives of proving that: (1) socially-responsible music formats (such as Power 105.5/The King) that do not degrade citizens, denigrate women or debilitate youth…are not only needed but are also highly respected by local communities when placed on the airwaves; and (2) Light Media could successfully convert an establi
