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

Southern California Radio Veteran Craig Carpenter Dies
Craig Carpenter
Craig Carpenter
Southern California radio personality Craig "Sea" Carpenter, whose distinctive voice was heard on many of the region's legendary rock stations during the 1970s, 1980s and 1990s, died June 1 following a short illness. He was survived by his children, siblings and extended family. Carpenter built a lengthy More

Massachusetts Broadcasters Hall Honors Radio Veterans
Massachusetts Broadcasters Association (MBA)
Massachusetts Broadcasters Association (MBA)
The Massachusetts Broadcasters Association inducted seven broadcasting professionals into the Massachusetts Broadcasters Hall of Fame during a ceremony held June 4 at the Renaissance Hotel and Conference Center in Framingham, recognizing distinguished careers in radio and television. Among the 2026 More

Charlie & Debbie Move to Mornings on WSOC-FM
Charlie & Debbie
Charlie & Debbie
Longtime WSOC-FM (Country 103.7) Charlotte personalities Charlie & Debbie are named the Beasely outlet's new morning show hosts. The duo will officially take over mornings beginning June 22. Charlie & Debbie have been a familiar presence on the station for more than two decades. Their move from afternoons to More
Advertisement

NASCAR Broadcaster Ned Jarrett Dies at 93
Ned Jarrett
Ned Jarrett
NASCAR Hall of Famer and longtime Motor Racing Network broadcaster Ned Jarrett has died at the age of 93. According to a statement released by his family, Jarrett passed away peacefully of natural causes on June 4 at his home in Newton, NC, surrounded by family. "Our father was a devout Christian and a More

iHeart Shareholders Approve Expanded Incentive Plan
iHeartMedia
iHeartMedia
iHeartMedia shareholders have approved a significant expansion of the company's long-term incentive compensation program, authorizing an additional 13 million shares for employee equity awards and extending the plan for another decade. The changes were approved during iHeartMedia's Annual Meeting of More

Report: Audio Remains Key for Small Business Growth
Audacy Insights
Audacy Insights
Small businesses face increasing pressure to make every marketing dollar count as they navigate a growing number of advertising channels and heightened demands to demonstrate return on investment, according to a new Audacy Insights report. The report, entitled "Small Business Budgets. Big Expectations. 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