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

Vince Richards Exiting Audacy Dallas After Eight Years
Vince Richards
Vince Richards
Audacy Dallas Operations Manager and Rock Format VP Vince Richards will depart the company at the end of the month after eight years with the broadcaster. The news was announced in a staff memo from Bob Mackay, SVP and Market Manager for Audacy Dallas. During his tenure, Richards oversaw operations and More

MediaCo Expands Hot 97, WBLS in Four Cities
WQHT and WBLS/New York
WQHT and WBLS/New York
MediaCo/New York is launching simulcasts of Hip Hop WQHT (Hot 97) and Urban AC WBLS to new audiences through Dot 2 audio in Los Angeles, Riverside, Dallas, and Houston. Beginning December 1, listeners in these markets will have around-the-clock access to its Hip Hop, R&B, and Urban programming featuring More

K103 Portland Returns as "The Christmas Station"
KKCW (K103) in Portland OR
KKCW (K103) in Portland OR
iHeartMedia Portland has officially kicked off the holiday season, announcing that AC KKCW-FM (K103) is once again transforming into Portland's Christmas Station. Beginning at 9:30am on November 7, K103 filled the airwaves with non-stop holiday favorites from artists such as Mariah More
Advertisement

Kitty Kinnin Retires, Capping 40-Year Raleigh Career
Kitty Kinnin
Kitty Kinnin
Curtis Media Group's Adult Hits WBBB (96.1 BBB)/Raleigh is saying goodbye to a local favorite as midday host Kitty Kinnin retires following her show today, wrapping up a remarkable 40-year broadcasting career. Kinnin joined WBBB in 2015, where she has hosted both afternoons and middays. A native of More

WGTS 91.9 Launches Food Drive Amid Federal Shutdown
The WGTS team ready to collect food at the La Plata Town Hall
The WGTS team ready to collect food at the La Plata Town Hall
WGTS 91.9 in Washington, DC, has launched an ongoing food drive to help listeners and local families struggling to put food on the table during the federal government shutdown. The Christian outlet is partnering with area food pantries facing increased demand as the shutdown More

Bustos Raises $143K for St. Jude Children's Hospital
Bustos Media Raises $143K for St. Jude Children's Hospital
Bustos Media Raises $143K for St. Jude Children's Hospital
Bustos Media raised $143,067 during its annual radiothon benefiting St. Jude Children's Research Hospital, marking the 11th consecutive year the company has topped the $100,000 mark in donations. "This was a great display of generosity by our audience during this difficult period 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 © 1989-2025 RADIO ONLINE ®

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