PRESS RELEASEMarch 2, 2005 Cherry Creek Radio has agreed to purchase the assets of radio station KCOM-AM, licensed to Comanche, Texas, from Texas West Media, Inc.* The purchase price is $164,000. Cherry Creek Radio is a Denver based radio company with stations in 10 different western markets. The buyer, Cherry Creek Radio, is headed by Joe Schwartz, President and CEO. …
PRESS RELEASE February 4, 2005 Arlington Capital Partners has created Long Island Radio, LLC and AAA Sub, LLC to purchase the assets of radio stations WBEA-FM, WEHM-FM, WBAZ-FM & WHBE-FM, Long Island, New York from AAA Entertainment Holdings LLC, AAA Entertainment LLC, AAA Entertainment Licensing LLC and Back Bay Broadcasters, Inc. for $12,000,000.* Robert J. Maccini represented AAA Entertainment in …
NextMedia Group, Inc. has completed its acquisition of radio stations WAZO-FM, WMFD-AM and WRQR-FM from Ocean Broadcasting II, LLC and WKXB-FM and WSFM-FM from Sea-Comm, Inc. for $24,500,000. The stations serve Wilmington, NC. George R. Reed represented the sellers in these transactions.
Citadel Broadcasting Company has completed its acquisition of radio stations WWKX-FM, Woonsocket, RI and WAKX-FM, Narragansett Pier, RI, from AAA Entertainment, LLC for $14,500,000. Robert J. Maccini represented AAA Entertainment, LLC in this transaction
Cumulus Broadcasting Inc. has completed its acquisition of radio station WSJZ-FM (formerly WINT-FM), licensed to Sebastian, FL from Sebastian Broadcasting Company, Dr. Michael Tuchman, President. The purchase price was $5,000,000. George R. Reed of Media Services Group represented the seller in this transaction.