Oh and while I do think Atlanta needs a Classic Hits/Variety Hits station - Why Cumulus didn't make 106.7 alternative instead of all news is beyond me. Perfect location with a signal that gets both Atlanta and Athens. Athens is left out by both of the current alt stations we have right now.
The Athens coverage is not something that can be monetized.
Local radio is bought based on the market the station considers "home". As Atlanta is market #8 and Athens is not even rated, it is obvious that the station is going after the Atlanta market. Atlanta is nearing 5.5 million in population, while the Athens MSA is about 160 thousand. There is no extra revenue to be gained by trying to overperform in Athens, and doing so would lessen the image of being an Atlanta service.
Atlanta already has an alternative stations, and it has a miserable 0.24 power ratio. Any operator will quickly see that there is neither a rainbow nor a pot of gold in that picture. More like a porta-potty.