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

Michelle Heart Named PD at 102.3 The Rose in Louisville
Michelle Heart
Michelle Heart
Connoisseur Media has appointed Gracie Award winner Michelle Heart as Program Director and midday host for AC WXMA (102.3 The Rose) in Louisville. Heart succeeds Smokey Rivers, who had been managing the station's programming remotely. Now based in Louisville, she will oversee day-to-day operations and lead More

Judge OKs Cumulus Plan, Cuts Debt by $592 Million
Cumulus Media
Cumulus Media
A federal bankruptcy judge has approved Cumulus Media's prepackaged Chapter 11 reorganization plan, clearing the company to reduce its funded debt by approximately $592 million and move toward emergence as a private entity. Alfredo R. Perez, presiding in the US Bankruptcy Court for the Southern District More

Throwback Brands Offers MSBC Scholarship Opportunity
Throwback Brands and Skyview Networks
Throwback Brands and Skyview Networks
Throwback Brands, in partnership with Skyview Networks, has announced the return of its "Throwback Brands Boot Camp Experience," a scholarship program that will send one recipient to the Morning Show Boot Camp (MSBC) in Cleveland, OH. Developed in collaboration with MSBC host Don Anthony, the initiative More
Advertisement

Townsquare, KSE Launch Digital Ad Partnership
Townsquare Media and KSE
Townsquare Media and KSE
Townsquare Media has entered into a strategic digital advertising partnership with Kroenke Sports & Entertainment (KSE), expanding its reach in the Denver market and strengthening its Media Partnerships division. The agreement will integrate Townsquare Ignite's data-driven advertising platform with KSE's More

John Murphy Named VP at Crossover Media Group
John Murphy
John Murphy
Crossover Media Group has appointed John Murphy as Vice President of Strategic Partnerships, adding a veteran media executive with more than two decades of experience in podcasting, digital audio and broadcast, along with over 30 years in advertising. In the newly created role, Murphy will focus on More

WIRO Rebrands as Star 106.7 in Ironton OH
WIRO-FM/Ironton, OH
WIRO-FM/Ironton, OH
Total Media Group has launched a new format for WIRO-FM in Ironton, OH, rebranding the station as Star 106.7 FM. The revamped station features a music mix spanning the 1980s, 1990s and today, paired with a continued emphasis on local programming. Management says the format 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