In recent months, the Tampa Organization of Black Affairs (TOBA) has been facilitating a process to identify potential investors in reviving a radio station format to take the place of the WTMP format that, until recently, was broadcast in the Tampa Bay Area market for decades.<\/p>\n
Last week TOBA’s Economic Development Committee, Chaired by Board Member Jetie B. Wilds, Jr. held a meeting with individuals who sent letters of interest in investing in a Lease Management Agreement with an Option to Purchase another AM radio station in the Tampa Bay area, said TOBA spokesperson, James Ransom<\/strong>.<\/p>\n The next step, Ransom<\/strong> said, is for the investment group to execute their financial commitment and form a corporate entity. Once that is done, TOBA recommended that the investment group form a limited partnership with an experienced operator that has a proven record of profitable advertising sales in this market.<\/p>\n The operator would also be the Managing General Partner and will be responsible for the day-to-day operations of the business. The details going forward will be confidential, but the community will be kept informed. The minimum investment for this project is $25,000.00.<\/p>\n Anyone interested in investing should send a letter of interest to TOBA – Economic Development Committee, P. O. Box 3485, Tampa, FL 33601.<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":" In recent months, the Tampa Organization of Black Affairs (TOBA) has been facilitating a process to identify potential investors in reviving a radio station format to take the place of the WTMP format that, until recently, was broadcast in the Tampa Bay Area market for decades. Last week TOBA’s Economic Development Committee, Chaired by Board […]<\/p>\n","protected":false},"author":210,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"pmpro_default_level":"","footnotes":""},"categories":[4],"tags":[],"class_list":["post-11217","post","type-post","status-publish","format-standard","hentry","category-local-news","pmpro-has-access"],"_links":{"self":[{"href":"https:\/\/flsentinel.com\/index.php?rest_route=\/wp\/v2\/posts\/11217","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/flsentinel.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/flsentinel.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/flsentinel.com\/index.php?rest_route=\/wp\/v2\/users\/210"}],"replies":[{"embeddable":true,"href":"https:\/\/flsentinel.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=11217"}],"version-history":[{"count":0,"href":"https:\/\/flsentinel.com\/index.php?rest_route=\/wp\/v2\/posts\/11217\/revisions"}],"wp:attachment":[{"href":"https:\/\/flsentinel.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=11217"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/flsentinel.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=11217"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/flsentinel.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=11217"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}