Red Apple Group Inc. Acquires Legendary WABC-AM/New York

RADIO ONLINE | Monday, March 2, 2020 | 4:37pm CT

WABC-AM

Red Apple Media, a unit of Red Apple Group, has agreed to acquire legendary News/Talk WABC-AM (Talkradio 77)/New York from Cumulus Media. Red Apple owns and operates assets in the energy, real estate, finance, insurance and supermarket industries. Founder, Chairman, President and CEO John Catsimatidis confirmed that the transaction to acquire the iconic talk radio outlet was completed, effective Monday.

"We look forward to working with this legendary New York staple radio station with all of its employees and talent," said Catsimatidis. "It is exciting for our company to be stepping into the broadcasting industry with WABC as the anchor for our growing media assets."

WABC VP/Market Manager Chad Lopez noted, "This is truly a great day for 77 WABC, its listeners and advertising partners. We're thrilled that John Catsimatidis, a true New Yorker, has acquired WABC and are excited to move forward together into the bright future of talk radio in New York City. John's passion for radio, along with his appreciation of the rich history of the station, makes this partnership ideal as we work together to give New York City what it deserves: the best News-Talk station in the city."

WABC Program Director Dave LaBrozzi added, "John Catsimatidis shares the same vision and passion for building WABC, and having him join us is going to be such a great asset to this station. We know that this new step for WABC will help the station to achieve its highest potential."

The station will continue with its current programming lineup, which includes: "Bernie & Sid In the Morning" (6-10am), "Brian Kilmeade Show" (10am-12pm), Curtis & Juliet (12-3pm), "The Ben Shapiro Show" (3-6pm), "The Mark Levin Show" (6-9pm) and the "John Batchelor Show" (9-1am).