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BusinessTalkRadio.net, LLC Acquires WBET-AM from KJI Broadcasting, LLC
 

PRESS RELEASE
April 3, 2006

An application has been filed with the FCC for the transfer of radio station WBET-AM, Boston, MA from KJI Broadcasting, LLC to BusinessTalkRadio.net, Inc.*

Joseph V. Gallagher III is the managing member of KJI.  The other member of KJI, Aritaur Communications, Inc. is the licensee of radio station WMVY-FM, Martha’s Vineyard, MA.

The Buyer, BusinessTalkRadio.net, Inc., is headed by Michael L. Metter. BTRN also owns WGCH-AM, Stamford-Norwalk, CT and operates WLIE-AM, Nassau-Suffolk, NY, through an LMA, with an option to buy.  In addition, they own the Business TalkRadio Network(™) and Lifestyle TalkRadio Network(™), which operate 24/7 and provide programming to more than 1,100 stations nationwide.

Metter, President and CEO of BusinessTalkRadio.net, Inc., commented on the acquisition:  “This is an exceptional market and station and we see great value in what can be developed here,” he said.  “We have a fine staff and format in place and there’s a great opportunity for us to build on that,” he added.  Metter indicated the company would be announcing other acquisitions in the coming weeks.

WBET-AM broadcasts at 1460 khz with 5 kW days and 1kW nights.

Robert J. Maccini acted as the exclusive broker in the transaction.

* Pending FCC Approval