Lotus Acquires Four Seattle Stations for $18 Million

Lotus Communications

Lotus Communications has entered into an agreement with Sinclair Broadcast Group Inc.'s wholly-owned subsidiary, Sinclair Television Group Inc., to acquire Sinclair's radio stations in the Seattle, WA metropolitan area for approximately $18 million in cash and other consideration. The deal includes KOMO (1000 & 97.7), KPLZ (Star 101.5) and Talk KVI-AM (570).

Lotus First SVP Jim Kalmenson commented, "We are excited to work with the amazing staff at KOMO, KPLZ, and KVI. These are legendary stations which share Lotus's vision of producing local programming to serve the community, enhance local neighborhoods, and support our home town businesses. Seattle is home to several excellent broadcasting companies who have made this a great radio market."

Richard A. Foreman Associates initiated the transaction and acted as broker representing Sinclair Broadcast Group.

Latest Radio Stories

Mac Edwards to Step Down After 35 Years at Beasley

Mac Edwards

Beasley Media Group Vice President and Charlotte Market Manager Mac Edwards will step down September 4, concluding a 35-year career with the company. Edwards, who oversees Beasley's six-station Charlotte cluster, joined the company in 1991 following three years with Beta Broadcasting in Austin. He began his More

The Diamond Launches on WLMZ-HD3 Wilkes Barre

WLMZ-HD3 in Wilkes Barre PA

The Diamond, an Internet-based Hip-Hop and R&B outlet serving Northeast Pennsylvania, has expanded to terrestrial radio with its launch on WLMZ-FM-HD3 (102.3) in Wilkes Barre. The independently operated station is marking its move to the HD Radio signal with 500 hours of commercial-free music. Originally More

The Next Round Joins Clay Travis' Sport & State

The Next Round

The Next Round, the Birmingham-based digital sports platform hosted by veteran broadcasters Jim Dunaway, Ryan Brown and Lance Taylor, will join Clay Travis' Sport & State national digital media network beginning August 24. DBL Down Media announced the partnership More

Ben Philpott Named Morning Edition Host at KUT

Ben Philpott

KUT News has named veteran journalist Ben Philpott as the new local host of NPR's "Morning Edition," beginning in September on KUT-FM (90.5) in Austin. Philpott, currently Managing Editor of KUT News, was among the first reporters hired when the newsroom was established in 2002. He served as KUT News' first More

Coleman Insights Sets Listener Truth Project Webinar

Coleman Insights

Coleman Insights will present "The Listener Truth Project," a new webinar examining what listeners think about radio and how they use the medium in 2026. The presentation, scheduled for Thursday, August 27 at 2pm ET, will feature candid interviews with 10 radio listeners from across More

Benztown Produces Frank Beard Audio Tribute

Benztown Frank Beard Tribute

Benztown has produced a special audio tribute honoring longtime ZZ Top drummer Frank Beard, who died August 17 at the age of 77. Beard died while in hospice care at his ranch in Richmond, TX, with family members at his side. The Texas native had been the drummer for ZZ Top for more than five decades, More

Return to Menu

Lotus Acquires Four Seattle Stations for $18 Million

Latest Radio Stories

Follow us on:

Copyright © 1989-2026 RADIO ONLINE ^®

Lotus Acquires Four Seattle Stations for $18 Million

Latest Radio Stories

Follow us on:

Copyright © 1989-2026 RADIO ONLINE ®

Copyright © 1989-2026 RADIO ONLINE ^®