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Jacor circles Toledo. (Jacor Communications Inc. acquires more Ohio radio stations)
From:
Broadcasting & Cable
| Date:
January 20, 1997| Author:
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COPYRIGHT 1997 Reed Business Information. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group.
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Latest move is purchase of 32 Benchmark outlets
Tom Hicks seems,intent on taking over the country s radio stations. Last week, the chairman of Hicks, Muse, Tate & Furst Inc. (and ultimate owner of Capstar Broadcasting Partners) said Capstar is buying 32 midsize radio stations from Benchmark Communications for about $173 million (see "Changing Hands," page 42).
Including Hicks's involvement in various other companies, the broadcaster controls--or will control--196 1/2 radio stations, according to BROADCASTING & CABLE'S count. (The 1/2 is 50% interest in a Florida FM.)
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