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

Beasley Media Group Marks 65 Years of Broadcasting
Beasley Media Group
Beasley Media Group
Beasley Media Group is marking its 65th anniversary in 2026, reflecting its evolution from a single small-market radio station into a diversified media company with a national footprint. The company traces its roots to December 3, 1961, when founder George Beasley received an FCC license to build More

Joe Concha Joins WABC New York Weeknights at 9pm
Joe Concha
Joe Concha
WABC New York has expanded its weeknight programming with the addition of Joe Concha, who will host a one-hour show from 9-10pm ET, Monday through Friday, beginning January 5. Concha will continue to host his existing Sunday program from 11am-noon ET. Since taking over that Sunday time slot, his show has More

Federal Judge Freezes Nielsen Network Policy
Nielsen
Nielsen
A federal judge has granted Cumulus Media a sweeping preliminary injunction against Nielsen, sharply limiting how the ratings provider can price and sell its national radio ratings product while an antitrust case moves forward. In a December 30 order, Judge Jeannette A. Vargas of More
Advertisement

Broadcasters Seek to Reopen FM Translator Relocation Rules
Federal Communications Commission
Federal Communications Commission
A coalition of more than 20 broadcast companies has filed a Petition for Rule Making asking the Federal Communications Commission to reinstate and expand expired rules that allowed AM radio stations greater flexibility in acquiring and relocating FM translators. The filing seeks to amend Section More

Westwood One Launches ''Nightly With Jade & Tyler''
''Nightly With Jade & Tyler''
''Nightly With Jade & Tyler''
Westwood One is adding a new nighttime offering to its national CHR lineup with the debut of "Nightly With Jade & Tyler," launching Monday, January 5. The five-hour program will air Monday through Friday from 7-midnight, featuring today's current hit music alongside entertainment and More

KGAY Moves to 103.1 as Sunny 106.5 Launches in Palm Springs
KAY Radio Palm Springs CA
KAY Radio Palm Springs CA
KGAY Radio is entering its eighth year with a stronger signal and a new spot on the dial. As of New Year's Day, KGAY Radio has officially moved to 103.1 FM via co-owned KMEE-FM, expanding coverage across Palm Springs, the Coachella Valley, and surrounding communities while upgrading to an HD digital signal. 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