Home Login
Subscribe
Subscribe Online Renew Subscription Subscribe By Mail/Fax Free Ten Day Trial Subscription Info Buy Radio Station Data
RADIO ONLINE
Advertise
Buy Advertising Online Ad Package Information Ad Package FAQs Ad Control Panel Ad Setup Wizard
RSS Facebook
Daily News
Changes & Moves
Top News
Business News
FCC Daily Digests
FCC News
Newsletters
Report News
RSS
Advertisement

Sinclair Telecable Sells Five Towers to CTI


Bergner and Company
Bergner and Company

Sinclair Telecable who owns a cluster of radio stations in Norfolk, VA, and recently agreed to buy out their 51% partner Emmis Communications in Austin, TX, has sold five wireless towers in Virginia, to CTI Towers. CTI Towers either owns or operates over 500 towers in 39 states and is backed by Comcast Ventures CTI is headed by Tony Peduto. Sinclair is controlled by Bob and David Sinclair.

Michael J. Bergner of Bergner & Co. brokered this transaction. Bergner commented that "income producing towers remain in very high demand with multiples that far exceed station values". Bergner has already sold five tower deals in 2019.

Advertisement

Latest Radio Stories

Cumulus Promotes Kathy Brown to VP/Urban Formats
Kathy Brown
Kathy Brown
Cumulus Media has promoted Kathy "KB" Brown to Vice President of Urban Formats, expanding her responsibilities to include programming oversight for the company's 40 Urban-formatted radio stations nationwide. The promotion is effective immediately. In her new role, Brown will serve as a senior programming More

DeVaughn Launches ''The Garden of Love'' Show
Raheem DeVaughn
Raheem DeVaughn
Reach Media and Radio One have launched "The Garden of Love," a new nighttime radio program hosted by Grammy Award-winning R&B artist Raheem DeVaughn. The show debuted Monday, October 12, and airs Sunday through Thursday from 7pm to midnight on WMMJ-FM (Majic 102.3) in Washington, DC. The program More

Louisville Public Media Names Two Staffers, Promotes One
Louisville Public Media (LPM)
Louisville Public Media (LPM)
Louisville Public Media (LPM) has announced two new staff appointments and an internal promotion as part of its efforts to strengthen local journalism, community engagement and fundraising operations across Greater Louisville and Southern Indiana. Krystal Goodner has been named More
Advertisement

WZFG Fargo Adds Premiere's Clay & Buck Show
Clay & Buck Show
Clay & Buck Show
Flag Family Media has added Premiere Networks' nationally syndicated "The Clay & Buck Show" to WZFG-AM (AM 1100 The Flag/92.3 FM) in Fargo, ND. The program, hosted by Clay Travis and Buck Sexton, airs weekdays from 11am-2pm, effective immediately. The addition brings the More

K-Love, Trans World Radio Announce Global Partnership
K-Love
K-Love
K-Love has announced a partnership with international Christian broadcaster Trans World Radio (TWR) to expand its programming into as many as 190 countries, with an emphasis on regions where Christian missionary activities are restricted. The collaboration combines K-Love's Christian music and More

Westwood One Study Finds NFL Radio Ads Drive Results
Cumulus Media | Westwood One
Cumulus Media | Westwood One
A new analysis from the Cumulus Media | Westwood One Audio Active Group finds that AM/FM radio advertising during NFL broadcasts delivers significant gains in brand awareness, consumer engagement and purchase conversions, outperforming streaming audio and podcasts in cost efficiency. The findings, More

Return to Menu

Advertisement

Subscribe to our Newsletter
Radio news and headlines delivered right to your e-mail box -- and it's free.

Advertisement

Advertisement

Follow us on:

 RSS Facebook

Copyright © 1989-2026 RADIO ONLINE ®

Airchecks Databases Jobs Newsletters Promotions Radio News Ratings Show Prep Advertise Submissions Subscribe Contact Us