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

Connoisseur Media Sells Four in Minnesota to Hometown
Connoisseur Media
Connoisseur Media
Connoisseur Media has agreed to sell four stations serving Austin and Albert Lea, MN, to Hometown Broadcasting of Austin and Albert Lea, LLC. The deal includes KAUS-AM and KAUS-FM in Austin and KATE-AM and KCPI-FM in Albert Lea. The transaction is subject to FCC approval and is expected to close in early More

Ken Levine Set as Keynote Presenter at Conclave 45
Ken Levine
Ken Levine
Veteran radio personality, television writer, producer, director, and Major League Baseball broadcaster Ken Levine will serve as a keynote presenter at Conclave 45: The Last Conclave in Bloomington, MN. Levine will take the stage Thursday, September 17, at 8:30am, during the final day of the three-day radio More

Katz: AM/FM Still Dominates In-Car Audio Listening
Katz Radio Group
Katz Radio Group
Despite the growing number of audio choices available in connected vehicles, AM/FM radio continues to capture the majority of listening time in the car, according to a new Katz Radio Group Sound Answers analysis. Citing Edison Research's Q1 2026 Share of Ear study, Katz reports More
Advertisement

Danny Meyers, Meghan Lane Ink New Hubbard Deals
Danny Meyers and Meghan Lane
Danny Meyers and Meghan Lane
Hubbard Radio South Florida has signed personalities Danny Meyers and Meghan Lane to new multi-year agreements, keeping the duo on two of the company's West Palm Beach stations. Meyers and Lane will continue to host afternoon drive on WRMF (97.9 WRMF) and mornings on WEAT (Sunny 107.9). More

PodcastOne Adds Spiner, Frakes Podcast
PodcastOne
PodcastOne
PodcastOne has acquired the exclusive sales and distribution rights to "Dropping Names...and Other Things with Brent & Jonny," the entertainment podcast hosted by actors Brent Spiner and Jonathan Frakes. The "Star Trek: The Next Generation" veterans and longtime friends use the More

Skyview Expands Playfly College Sports Partnership
Skyview Networks
Skyview Networks
Skyview Networks is expanding its collegiate sports business through an enhanced agreement with multimedia rights holder Playfly Sports, adding Texas A&M University and the University of Texas at San Antonio while broadening its relationship with San Jose State University. Under 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