New Northwest Broadcasting Sells Its Four Radio Stations in the Coos Bay Area of Oregon

FOR IMMEDIATE RELEASE

April 24, 2003

New Northwest Broadcasting has sold its four radio stations in the Coos Bay area of Oregon for $1.0 million. KOOS-FM, KACW-FM, KBBR-AM, licensed to North Bend, Oregon were sold to Bi-Coastal Media LLC, headed by Kenneth R. Dennis. KHSN-AM, licensed to Coos Bay, Oregon, was sold to W7 Broadcasting, headed by Carl Widing.*


Austin P. Walsh of our San Francisco office represented the Seller in this transaction.

* Pending FCC Approval

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