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Of these stations, 448 of the stations which are outside the Top 100 DMA markets, plus another 91 stations which may or may not be in the top 100 DMAs are for sale. The TV stations formerly owned by Clear Channel were sold to Providence Equity Partners, a private equity firm, on April 23, 2007, with the deal closing in late November 2007. 185 ...
The following is a list of radio stations owned by Audacy, Inc. As of June 2023, Audacy (then known as Entercom) operates 227 radio stations in 45 media markets across the United States . On February 2, 2017, Entercom announced that it had agreed to acquire CBS Radio .
The stations are up for sale in the months before the 2024 election, which usually draws high political advertising revenue for broadcast TV companies. Sinclair said during earnings on Wednesday ...
The sale became final on May 8, 1995. Al Devine was the new company president. In July 2009, WMSG and sister stations WKHJ-FM and WWHC were sold for $830,000 to Pennsylvania-based Radiowerks Broadcasting. [2]
SummitMedia, LLC is an American radio broadcasting company based in Birmingham, Alabama. The company formed to purchase mid-market radio stations being divested by Cox Radio in 2013. On November 1, 2018, SummitMedia acquired 19 stations in four markets from the E. W. Scripps Company .
Cox Media Group owns, operates or provides sales and marketing services to 50 stations in 10 markets. This radio portfolio includes nine AM stations and forty-one FM stations. [41] Cox Radio became a public company, majority owned by Cox Enterprises, in 1996. Around April 2009, Cox Enterprises proposed a US$69-million takeover offer of Cox Radio.
KFBG (100.7 FM, "91X") is a commercial radio station that is licensed to San Diego, California and broadcasts a classic alternative format as a simulcast of XETRA-FM (91.1). The station is owned by Local Media San Diego (LMSD); a sale to Lotus Communications is awaiting Federal Communications Commission (FCC) approval.
Cumulus Media was established in August 1998 by radio consultant Lewis Dickey Jr. and media and technology entrepreneur Richard Weening. The Telecommunications Act of 1996, among other legislation, relaxed media ownership restrictions, allowing a single owner to possess or control an unprecedented number of radio stations per market and nationwide.