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 Cuts Hit More Veteran Radio Personalities
Cumulus Media
Cumulus Media
Cumulus Media's nationwide workforce reductions continue to claim veteran radio personalities, with departures reported in Norfolk, Syracuse and Columbia, MO. In Norfolk, Brandon "Shaggy" Stokes says he is no longer with CHR WNVZ (Z104), ending a 25-year run with the station. "After 25 years, I am no More

2026 National Edward R. Murrow Winners Announced
Edward R Murrow Awards
Edward R Murrow Awards
The winners of the 2026 National Edward R. Murrow Awards have been announced, recognizing outstanding achievements in broadcast and digital journalism. The annual honors recognize reporting that informs communities, holds those in power accountable and demonstrates excellence in More

Saga Q2 Revenue Falls 6.5% to $26.4 Million
Saga Communications
Saga Communications
Saga Communications reported second quarter 2026 net revenue of $26.4 million, down 6.5% from $28.2 million in the same period a year ago. Station operating income fell 50.6% to $3.0 million. Station operating expenses increased 5.4% to $23.4 million, or 3.9% excluding non-cash More
Advertisement

Texas Radio Hall of Fame Names 2026 Inductees
Texas Radio Hall of Fame
Texas Radio Hall of Fame
The Texas Radio Hall of Fame has announced its Class of 2026, with voting members selecting 20 radio professionals for induction, including honorees in the organization's new "Small Markets/Big Voices" category. The Class of 2026 includes Doug Abernethy, Brenda Adriance-Fox, "Lisa Lisa" Bonnani, Bruce More

Nick Rivers Joins Beasley Charlotte as Assistant PD
Nick Rivers
Nick Rivers
Beasley Media Group has named Nick Rivers Assistant Program Director for Country WSOC-FM (Country 103.7) and AC WKQC-FM (K104.7) in Charlotte, effective August 24. Rivers will also host afternoon drive on Country 103.7, filling the opening created by Charlie & Debbie's recent move to mornings. Rivers More

Cumulus Media Cuts Three at WVBO in Appleton
Jay Philpott
Jay Philpott
Cumulus Media has parted ways with three staffers at Classic Hits WVBO-FM (103.9) in Appleton-Oshkosh, WI, including Operations Manager and Program Director Jay Philpott (pictured). Philpott tells RADIO ONLINE that he was let go Wednesday (8/12), along with WVBO morning host Steve McGrath and midday 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