Bonneville Sells Cincinnati Station Cluster

[microbob]

Hubbard Broadcasting has agreed to acquire 17 radio stations BONNEVILLE INTERNATIONAL CORP. The purchase, reported to be for $505 million, entails BONNEVILLE clusters in CHICAGO, WASHINGTON, ST. LOUIS and CINCINNATI.

http://www.allaccess.com/net-news/archive/story/86101/hubbard-buys-17-stations-from-bonneville

 

[sfradio]

man, is that a record for the most ownership changes for 94.9 and 97.3

 

[the marv]

Maybe they'll bring back the sound. The station listener didn't want to see go away.

 

[microbob]

man, is that a record for the most ownership changes for 94.9 and 97.3

Q102 should be included in the list as well. CBS then Entercom, Bonneville, and now Hubbard.

 

[hotpatrick2004]

I second that bring back the sound as soon as the ink is dry on the deal if not before tanks just sounding off lol

 

[tcsnrayp]

No matter what they do with it, it's still great for the business that a huge cash deal for terrestrial radio stations has been made. Watch for one more big one in the coming months (weeks?).

 

[PeterZ]

From above: Q102 should be included in the list as well. CBS then Entercom, Bonneville, and now Hubbard.

You're missing a few. Q was also Taft, Citicasters, Jacor (for a moment) and ARS.

 

[Tri-State Media]

If I remember right, Cumulus owned 94.9 originally, did they not? It then sold the "Mojo" name/property to Radio One (which would move Mojo to 100.3), then the stick (along with the "Star" country format) to Entercom in exchange for WGRR, which in turn sold 94.9 with 97.3, 101.9 and 105.1 to Bonneville. The dominoes started falling in summer '06 and didn't stop until nearly two years later!

 

[DJJack1]

I confess to not having heard of Hubbard before all of this. I hear they can be a real Old Mother to work for.


ba-DUM-bump!