Home Login
Subscribe
Subscribe Online Renew Subscription 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

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.

Latest Radio Stories

Urban One Q3 Revenue Falls 5% as Net Loss Widens
Urban One
Urban One
Urban One reported third-quarter net revenue of $88 million, down 5% from $92.7 million a year earlier. A $128.9 million impairment charge drove an operating loss of $126.6 million, compared with operating income of $2.5 million in the year-earlier quarter. The net loss More

CMG Atlanta Names Cherish Geter Digital Media Director
Cherish Geter
Cherish Geter
Cox Media Group has named Cherish Geter Digital Media Director for its Atlanta radio cluster, which includes WSBB-FM (95.5 WSB), WSB-FM (B98.5), WSRV (97.1 The River) and WALR (Kiss 104.1). Geter will lead digital sales strategy, working with sales leadership on client campaigns, digital revenue growth More

Caloroga Media Opens Linnet Podcast Tools to Public
Caloroga Media
Caloroga Media
Caloroga Media has opened the public beta of Linnet, its AI-powered podcast production platform, removing the waitlist and invitation requirement. The company is making Linnet's Starter and Creator tiers free through December 1. The browser-based platform combines scripting, More

Workflow Corp. Unveils Aircheck Buddy for Radio
Workflow Corp.
Workflow Corp.
Workflow Corporation has introduced Aircheck Buddy, a service that records and transcribes on-air breaks for talent coaching and tracks advertising activity on competing stations. For programming teams, Aircheck Buddy records scheduled shifts from a station's stream, skips the More

Brenden Peach Joins Ten Country 97.3 Reno for Mornings
Brenden Peach
Brenden Peach
Reno Media Group's KOLC (Ten Country 97.3) has named Brenden Peach morning co-host and programming coordinator. Peach joins Cat Bellah on "The Ten Country Morning Show" beginning November 17, filling the vacancy left by Robbie Owens. The show airs weekdays from 6-10am. Peach will also help oversee music More

B-Dub Radio Reaches 70 Weeknight Affiliates
B-Dub Radio
B-Dub Radio
B-Dub Radio has reached 70 weeknight affiliates with the addition of KLAD-FM in Klamath Falls, OR. The independently owned country radio show, syndicated by Skyview Networks, reached 50 weeknight affiliates in early 2025 and 60 last December. The weeknight roster includes KPNW-FM Seattle, WIL-FM St. More

Return to Menu

Advertisement

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