Regent Communications is set to acquire a dozen radio stations from Brill Media Co. for $62 million in cash and stock. Pending approval from the bankruptcy court and the FCC, the deal is expected to close late this year or in the first quarter of 2003. The new stations are in Lancaster-Reading, Pa., Evansville, Ind., Owensboro, Ky., Fort Collins-Greeley, Colo., and Duluth, Minn. Regent’s focus is on small and mid-sized stations. Including the new transactions, Regent will own and operate 73 stations in 17 markets.
Roots of Radio
The Development of the Directional AM Broadcast Antenna
The advent of the directional antenna made it possible for co-channel stations to operate in close proximity
Business and Law
Third Circuit, Again, Hears Argument in Challenge to FCC Broadcast Dereg
FCC defends efforts, or in Prometheus’ view lack of them, on diversity