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

Tommy Castor Named iHeart Salt Lake City President
Tommy Castor
Tommy Castor
iHeartMedia has named Tommy Castor Market President for its Salt Lake City cluster, effective immediately. Castor will oversee KAAZ-FM, KJMY-FM, KNRS-FM, KNRS-AM, KODJ-FM and KZHT-FM. In the role, he will lead the market's business strategy, revenue growth and client partnerships while overseeing the More

Nueva Network Expands Leadership, Sales Team
Jeffery Liberman
Jeffery Liberman
Nueva Network has promoted Jeffery Liberman to CEO and COO as the Spanish-language media company expands its leadership, digital capabilities and regional sales operations. In his expanded role, Liberman will help guide Nueva Network's strategic direction and operations, including its national More

Salem Media Elevates Marcus, Montijo to SVP Roles
Salem Media
Salem Media
Salem Media has promoted company veterans Autumn Marcus and Monica Montijo to expanded senior leadership roles overseeing its finance and accounting operations. Marcus has been named Senior Vice President, Finance and Strategic Planning, while Montijo has been promoted to Senior Vice President, More
Advertisement

Skyview Networks Names Liz Stillman VP of Sales
Liz Stillman
Liz Stillman
Skyview Networks has named Liz Stillman Vice President, Sales, with responsibility for network audio sales and new client development across agencies and advertisers. Stillman brings more than 25 years of media and advertising experience to the company, including expertise in network audio sales and agency More

Mix 100 Ends Jeremy, Katy & Josh Morning Show
Jeremy, Kate, and Josh
Jeremy, Kate, and Josh
KSE Radio has ended the "Jeremy, Katy & Josh Morning Show" on KIMN-FM (Mix 100) in Denver, with the program airing its final broadcast Tuesday. The company said the move comes as Mix 100 prepares for the next phase of its morning programming strategy. A new morning lineup will be announced soon. "We More

KRMG Launches Hill & Berg in Afternoon Drive
April Hill and Steve Berg
April Hill and Steve Berg
Cox Media Group's News/Talk KRMG-FM (96.5) Tulsa has launched "The KRMG Afternoon News with Hill & Berg," pairing April Hill and Steve Berg for weekday afternoon drive. Hill and Berg will host the program weekdays from 4-6pm. "April and Steve are two of the strongest voices on our news team, and bringing 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