Many expected it and now it looks like it's going to happen.

Atlantic City's WMGM was sold to LocusPoint which is buying up properties in anticipating of the spectrum auction.

NBC notified the station that the affiliation would terminate on 12/31. 

While the new owners said they would continue to operate the station as an independent, sources tell FTVLive that the staff has been told will go dark on December 31.

Everyone is out of a job. 

Happy New Year.