  Four eastern Long Island FMs are sold to the new LRS Radio. That’s Lauren R. Stone, who programs two of the stations in the cluster and who holds a controlling 68.8% share of the new company. Her father Roger Stone, of the Chicago-area Kapstone Paper & Packaging, has the remainder. The Stones are paying $3.2 million cash for a quartet of stations that have long been held by Arlington Capital under the name AAA, though AAA founder Peter Ottmar has long since disappeared from the scene. The current owner is AAA Licensing Inc., led by Arlington’s Perry Steiner. (The November 20 NOW told you that Arlington-backed Main Line Broadcasting is on the block. Nothing new to report on that front.) The four eastern Long Island stations are – the adult alternative “Progressive Radio for Long Island” simulcast of WEHM Manorville (92.9) and WEHN East Hampton (96.9). Lauren Stone is the PD there. There’s also soft AC “Lite on the Bays” WBAZ Bridgehampton at 102.5. And CHR “101.7 the Beach” WBEA Southold. They’re all Class As, in the crowded spectrum of Suffolk County. The FCC filing lists Bergner & Company as the broker for seller AAA Licensing (Arlington Capital).
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