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

CBS News Radio to Shut Down After Nearly 100 Years
CBS News Radio
CBS News Radio
CBS News will shut down its long-running radio news service, CBS News Radio, on May 22, ending a nearly century-old operation as part of broader cuts within the division. The decision was announced Friday in a memo from CBS News editor-in-chief Bari Weiss and president Tom Cibrowski, who said the move More

Maryland Media One Launches Seaboard Networks
Seaboard Networks
Seaboard Networks
Maryland Media One has launched Seaboard Networks, a new radio programming and syndication company offering 24/7 turnkey formats and syndicated content to stations across the country. The company will focus on developing and distributing both music-driven and More

Veteran Radio Voice Jock Blaney Dies
Jock Blaney
Jock Blaney
Frank "Jock" Blaney, a longtime radio broadcaster, producer and voice artist whose career spanned decades in Wyoming and beyond, has passed away, according to reports circulating among radio industry colleagues. Blaney began his career shortly after high school in Sheridan, WY, working at KROE before More
Advertisement

Murphy, Sam & Jodi Win 9th LAB Morning Show Honor
Murphy, Sam & Jodi
Murphy, Sam & Jodi
Premiere Networks-syndicated "Murphy, Sam & Jodi" has earned a 2026 Prestige Award from the Louisiana Association of Broadcasters (LAB) in the "Best Morning Show Large Market" category, marking the program's ninth consecutive win in that category. In addition to the top morning show honor, the program More

Yung Joc Morning Show Debuts on Hot 98.7 St. Louis
Yung Joc
Yung Joc
Superadio Networks and Core Radio Group have announced that syndicated Yung Joc & The Streetz Morning Takeover will debut in St. Louis on Audacy's KEZK-HD2 (Hot 98.7) beginning Monday, March 23. Hosted by hip-hop artist and media personality Yung Joc, the show features a mix of music, celebrity More

Radio Trust Stands Out in AI-Driven Media Era
Katz Radio Group
Katz Radio Group
As artificial intelligence continues to reshape the media landscape, a new challenge is emerging for both consumers and advertisers: trust. According to a new post from Katz Radio Group, the rapid rise of AI-generated content -- from articles and images to voices and ad campaigns -- 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