Author: Jay_zie
Tuesday, August 26, 2008 - 3:50 pm
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Aloha Station Trust's KDFO-FM/Delano, Calif., to Clear Channel's CC Licenses. Compliance with the FCC's multiple ownership rules no longer requires the divestiture of this station … Aloha Station Trust's WQOL-FM/Vero Beach, Fla., to Clear Channel's Capstar TX Limited Partnership. Compliance with the FCC's multiple ownership rules no longer requires the divestiture of this station California KDFO-FM/Delano (Bakersfield) PRICE: Undisclosed TERMS: Transfer from trust BUYER: Clear Channel , headed by CEO/Radio John Hogan. Phone: 210-822-2828. It owns 1,020 other stations. This represents its entry into this market. SELLER: Aloha Station Trust, LLC., headed by Sole Member Jeanette Tully. Phone: 210-495-3392 FREQUENCY: 98.5 MHz POWER: 8kw at 581 feet FORMAT: classic rock COMMENT: Aloha Station Trust's KDFO-FM/Delano, Calif., to Clear Channel's CC Licenses. Compliance with the FCC's multiple ownership rules no longer requires the divestiture of this station. Florida WQOL-FM/Vero Beach (Ft. Pierce-Stuart-Vero Beach) PRICE: Undisclosed TERMS: Transfer from trust BUYER: Clear Channel, headed by CEO/Radio John Hogan. Phone: 210-822-2828. It owns 1,020 other stations, including WZTA-AM & WAVW-FM/Ft. Pierce-Stuart-Vero Beach. SELLER: Aloha Station Trust, LLC., headed by Sole Member Jeanette Tully. Phone: 210-495-3392 FREQUENCY: 103.7 MHz POWER: 50kw at 476 feet FORMAT: oldies COMMENT: Aloha Station Trust's WQOL-FM/Vero Beach, Fla., to Clear Channel's Capstar TX Limited Partnership. Compliance with the FCC's multiple ownership rules no longer requires the divestiture of this station
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Author: Jay_zie
Tuesday, August 26, 2008 - 3:53 pm
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I thought they were selling station in small markets. What are they doing buying these stations.
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Author: Musicman
Tuesday, August 26, 2008 - 4:52 pm
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Clear Channel already owned these stations. It placed them in a trust to comply with ownership rules. Clear Channel must have sold other stations in those markets to keep these two stations.
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Author: Radioxpert
Tuesday, August 26, 2008 - 9:29 pm
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Yes, that's exactly what happened!
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