The signal of a specified frequency (say your 101.7MHz FM station) and a specified modulation, in this case FM, (EM) is radiated by the transmitting antenna and picked up by any antennas within range. the antenna connects to a receiver and if the receiver can tune to the 101.7 MHz frequency, it will be amplified and sent to the demodulator circuit, again, in this case an FM demodulator, where audio will be recovered
do some google searching on FM and AM modulation and demodulation and ask any specific questions of anything you don't understand
Supply links to those places so we can also read what you areDave