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

Radio Hall of Fame Announces 2026 Inductees
Radio Hall of Fame
Radio Hall of Fame
The Museum of Broadcast Communications has announced the eight inductees selected for the 2026 Radio Hall of Fame class. The inductees will be honored during the 2026 Radio Hall of Fame induction ceremony scheduled for Thursday, October 8. The 2026 class includes Boomer Esiason, More

Chuck Damico Named PD of Philadelphia's WXTU
Chuck Damico
Chuck Damico
Beasley Media Group has named Chuck Damico Program Director of WXTU-FM in Philadelphia following the retirement of longtime Brand Manager and Program Director Mark "Razz" Radziewicz. Damico officially assumes the role on May 23. He currently serves as Program Director for Rock WMMR-FM and WMGK-FM, where he More

CRS360 Session Focuses on In-Car Radio Measurement
CRS360
CRS360
Country Radio Broadcasters has released the latest installment of its CRS360 educational series, featuring a presentation focused on in-car radio measurement and listener analytics. The session, titled "DTS Autostage: The End Of The Measurement Guessing Game," is now available on More
Advertisement

Triton Digital Expands Sounder.AI Integration
Triton Digital
Triton Digital
Triton Digital announced an expanded integration of its Sounder.AI contextual targeting and brand suitability tools within The Trade Desk programmatic advertising platform, aimed at improving podcast ad targeting and campaign optimization. The enhanced integration gives More

Gracie Awards Celebrate Women Reshaping Media
Gracie Awards
Gracie Awards
The Alliance for Women in Media Foundation celebrated its 75th anniversary with the presentation of the 51st Annual Gracie Awards at the The Beverly Wilshire, honoring women across journalism, entertainment, sports, podcasting, and digital media. Hosted by two-time Emmy-nominated More

Entravision Ends Cooperation Pact With Ulloa Family
Entravision
Entravision
Entravision Communications Corporation has mutually agreed with Alexandra Seros and related family trusts to terminate a cooperation agreement originally established in 2023 following the death of former Chairman and CEO Walter Ulloa. The company disclosed the decision in a Form 8-K filing with the U.S. 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