Wikipedia
KOTM-FM (97.7 FM, "97.7 Tom FM") is a radio station broadcasting a Top 40 (CHR) format serving Ottumwa, Iowa. The station is currently owned by Bruce Linder and Greg List, through licensee O-Town Communications, Inc.
On March 2, 2009, KOTM rebanded from "97.7 KOTM" to "97.7 Tom FM" to prevent confusion of the KOTM call letters, which stand for Otumwa. The owner was FMC Broadcasting Inc. at the time of the change.
December 26, 2013
O-Town will take over KLEE and Tom-FM through a time brokerage agreement while the parties await FCC approval. The deal, dated Christmas Eve, includes a five-year non-compete clause for FMC owner Thomas Palen. O-Town Communications is owned by Bruce Linder (60%) and Greg List (40%). The purchase was consummated on April 18, 2014, at a price of $794,000.