Price Tag For CC Ashtabula Sale: $3.55 Million
June 15, 2007 at 5:45 AM (PT)
The deal that sends CLEAR CHANNEL's Talk WFUN-A, Classic Rock WFXJ-F (107.5 THE FOX), AC WREO (STAR 97), Country WYBL (98.3 THE BULL), and Top 40 WZOO (102 ZOO)/ASHTABULA to TOM EMBRESCIA's SWEET HOME ASHTABULA now has a price tag applied, as the FCC filing shows that the new company is paying $3.55 million cash for the five stations.
Anchorage Stations Sold
In another deal filed with the FCC, the estate of the late CHESTER COLEMAN is selling Silent KAXX-A/EAGLE RIVER-ANCHORAGE and Alternative KZND (formerly KADX)/ANCHORAGE to TATI BROADCASTING LLC for $1.5 million cash. The deal converts TATI's operation of the stations under a time brokerage agreement to an outright purchase. TATI owns Jazz KNIK (THE BREEZE)/ANCHORAGE.