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

iHeartMedia Named Official Media Partner of NXXT Golf
iHeartMedia and NXXT Golf
iHeartMedia and NXXT Golf
iHeartMedia and NXXT Golf have announced a major sponsorship agreement naming iHeartMedia the Official Media Partner of NXXT Golf, a deal the organizations describe as one of the largest audio sponsorship commitments ever made to women's and junior competitive golf. Under the partnership, iHeartMedia More

Christy Brittain Joins WBBB/Raleigh for Afternoons
Christy Brittain
Christy Brittain
96.1 WBBB/Raleigh-Durham has named veteran broadcaster Christy Brittain as its new afternoon personality, adding a familiar voice with deep North Carolina radio roots to the station's on-air lineup. A Tennessee native, Brittain began her radio career at age 17 and has since worked in several markets More

Kim Bindel Joins WGTS Mornings in Washington DC
Kim Bindel
Kim Bindel
Christian Contemporary WGTS (91.9) Washington, DC has named veteran broadcaster Kim Bindel as the new co-host of its morning show alongside Jerry Woods. Bindel will succeed Summer Shepherd, who moved to afternoons in April. Claude Jennings, who has been serving as interim co-host, will return to his regular More
Advertisement

Steinem, Richards to Receive Gracies Torch Award
Alliance for Women in Media Foundation (AWMF)
Alliance for Women in Media Foundation (AWMF)
The Alliance for Women in Media Foundation (AWMF) will honor activist and author Gloria Steinem and producer, writer, and activist Amy Richards with the inaugural Gracies Torch Award during the 51st Annual Gracie Awards Luncheon on June 16 in New York City. The new award, created More

Westwood One Set for College World Series Finals
Westwood One Sports
Westwood One Sports
Westwood One and the NCAA Radio Network will once again provide live national radio coverage of the NCAA Division I Men's College World Series Championship Finals from Charles Schwab Field in Omaha, NE. Coverage of the best-of-three championship series begins Saturday, June 20, at 7:45pm ET, with every More

Futuri Unveils TopLine Enterprise Platform
Futuri
Futuri
Futuri has launched TopLine Enterprise, a new revenue intelligence platform designed to help media sales organizations automate key parts of the sales process, reduce administrative workloads, and accelerate revenue growth. Announced Wednesday from Austin, TX, the platform 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