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66-598: WSUN may refer to: WSUN (FM) , a radio station (97.1 FM) licensed to Holiday, Florida, United States WSUN-TV , a defunct television station (channel 38) in St. Petersburg, Florida, United States WSUN (AM) , a radio station in Tampa Bay Area, Florida, United States known as WSUN from 1927 until 1999 [REDACTED] Topics referred to by the same term This disambiguation page lists articles about radio and/or television stations with

132-645: A leveraged buyout in 2008. As a result of the 2008 buyout, Clear Channel Communications, Inc. became a wholly owned subsidiary of CC Media Holdings, Inc. On September 16, 2014, CC Media Holdings, Inc. was rebranded iHeartMedia, Inc., and Clear Channel Communications, Inc., became iHeartCommunications, Inc. iHeartMedia, Inc. specializes in radio broadcasting , podcasting , digital and live events through division iHeartMedia (sans "Inc." suffix; formerly Clear Channel Media and Entertainment, Clear Channel Radio, et al.) and subsidiary iHeartMedia and Entertainment, Inc. (formerly Clear Channel Broadcasting, Inc.);

198-527: A 51% stake in Clear Media Ltd. in China. R. Steven Hicks and Hicks, Muse, Tate & Furst began Capstar Broadcasting in 1996, and a year later had become the largest owner of radio stations in the country, with 243 stations in total. In August 1997, Capstar and Hicks, Muse, Tate & Furst announced plans to acquire SFX Broadcasting , with the resulting company owning 314 stations in 79 markets and ranking as

264-540: A LMA with Clear Channel's KLRT-TV . Clear Channel also entered into a deal with Providence Journal Company , who owns Fox affiliate KMSB in Tucson to operate KTTU through a local marketing agreement. Memphis also jumped onto the board when WLMT entered into a LMA with Clear Channel's WPTY . Also in 1993, Clear Channel entered into a local marketing agreement with RDS Communications to operate KTFO-TV in Tulsa, which most of

330-930: A LMA with Clear Channel's WPRI . As part of the radio-TV strategy, Clear Channel acquired Jacor Communications , which incorporated WKRC-TV in Cincinnati into the Clear Channel Television branch. Once FCC relaxed its duopoly rules, Clear Channel acquired stations that were originally LMA markets outright, including WLMT in Memphis , KTFO in Tulsa , WTEV in Jacksonville , KASN in Little Rock and WJTC in Mobile . Also in 2000, Clear Channel sold WPRI to Sunrise Television for $ 50 million. Later on in 2001, William Moll become

396-448: A billboard media company led by Karl Eller . In 1998, it made its first move outside of the US when it acquired the leading UK outdoor advertising company More Group plc, which was led by Roger Parry ; Clear Channel went on to buy many other outdoor advertising, radio broadcasting, and live events companies around the world, which were then re-branded Clear Channel International. These included

462-437: A channel (frequency) on which only one station transmits. In the U.S., clear-channel stations have exclusive rights to their frequencies throughout most of the continent at night, when AM signals travel far due to skywave . CEO Bob Pittman said that the company had been "doing progressive stuff", yet were still "named after AM radio stations". Beginning in 2008, iHeartMedia struggled to pay down more than $ 20 billion in debt

528-400: A deal where the company might file for bankruptcy. On March 15, 2018, the company filed for Chapter 11 bankruptcy, and claimed that it reached an agreement to restructure $ 10 billion of its over $ 20 billion in debt. In September 2018, iHeartMedia acquired HowStuffWorks ' podcast network Stuff Media for $ 55 million. On November 19, 2018, iHeartMedia announced its intent to acquire Jelli ,

594-448: A direct listing on the Nasdaq . On January 14, 2020, iHeartMedia announced a major restructuring, as part of an effort to "modernize our company to take advantage of the significant investments we have made in new technology and aligning our operating structure to match the technology-powered businesses we are now in." This included the restructuring of its Markets Group into three divisions:

660-530: A few cases, following purchase of a competitor, Clear Channel was forced to divest some of its stations, as it was above the legal thresholds in some cities. In 2005, the courts ruled that Clear Channel must also divest itself of some " border blaster " radio stations in international border cities, such as the alternative rock radio station XETRA-FM ("91X") in Tijuana / San Diego . In 1997, Clear Channel expanded and diversified its business, purchasing Eller Media,

726-425: A hundred stations were assigned to Aloha Station Trust, LLC upon the consummation of the merger. The television stations were sold to Newport Television , a broadcaster owned by Providence Equity Partners , on April 23, 2007. Due to the credit market crunch of 2007, Clear Channel encountered difficulty selling some of its radio stations. Clear Channel's attempt to sell off over 100 stations to GoodRadio.TV, LLC

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792-484: A marketing partnership with Robert F. X. Sillerman 's SFX Entertainment (a second incarnation of a live events company that had been sold to Clear Channel, which spun off to form Live Nation), to collaborate on electronic dance music content for its digital and terrestrial radio outlets, including a Beatport top 20 countdown show. The partnership expanded upon the company's existing EDM-oriented outlets, including Evolution . Staff, including John Sykes , believed that

858-501: A number of its homegrown talk and music shows without the aid of Premiere. While Premiere actively sells its shows to stations, the non-Premiere syndicated shows are often used as a cost-cutting measure and do not have a large sales staff. Those shows also do not carry network-wide advertising (unless distributed by a third party), and allow the affiliates to keep all local spots, which increases their appeal. These networks carry many program hosts of various political ideologies and distribute

924-543: A special app and website for WSUN that allowed listeners to take over the music live. In addition to the music voting features, the mobile app offered several other interactive elements. It allowed listeners to record audio using the app's 'Open Mic' option, sending it directly to the station for broadcasting, sign up for instant SMS, email, and Twitter alerts when their favorite songs were about to play, and share votes on social platforms such as Facebook and Twitter. Listeners could also earn social media ‘badges’ by interacting with

990-492: A swap (see below), and transfer its WSUN calls to FM, adopting an oldies format as "Oldies 97.1". Mired with a subpar signal and being one of two oldies stations in the market ( WYUU was the other) did not allow WSUN-FM to take off in the Tampa Bay area. While rumors of Cox flipping the station to 1980s music ran rampant, the station began stunting with music from 2001: A Space Odyssey . At 5:00 p.m. on November 3, 2000,

1056-489: Is owned by NIA Broadcasting, Inc. On April 26, 2022, WSUN announced they will drop the alternative format and "97X" branding the following day at Noon; "97X" continues to be heard on WWRM-HD2, WPOI-HD2 and translator W248CA. At the promised time, WSUN began stunting with a loop of a redirecting message for "97X" listeners to W248CA, WPOI-HD2 and WWRM-HD2, as well as the station's mobile apps and online stream. On April 29, SBS officially closed on their purchase of WSUN, and shifted

1122-399: Is played. Big Machine Label Group was announced as the first partner in this scheme. Pittman stated that the arrangement would let "labels and artists participate in the revenue of broadcast radio immediately and in digital radio as it builds". iHeartMedia has purchased stations from or acquired the following radio companies: Clear Channel Outdoor (CCO) is an advertising company that

1188-547: The U.S. Congress relaxed radio ownership rules slightly, allowing the company to acquire more than two stations per market. By 1995, Clear Channel owned 43 radio stations and 16 television stations. When the Telecommunications Act of 1996 became law, the act deregulated media ownership, allowing a company to own more stations than previously allowed. Clear Channel went on a subsequent buying spree, purchasing more than 70 other media companies and individual stations. In

1254-400: The 106.3 FM frequency as WHBS, a station that served primarily Pasco and northern Pinellas Counties. The station later became WVTY, then WLVU, carrying an easy listening format and later adult contemporary . In 1998, the station would relocate to 97.1 FM (swapping frequencies with Citrus County 's WXOF ), to better reach the Tampa Bay market. Soon afterward, Cox Radio would acquire WLVU in

1320-510: The 1960s into the 1980s, WSUN was known as a leading country formatted station, benefiting from its signal that covered all of Florida's Gulf Coast by day and reached into Texas by night. Owned by the city of St. Petersburg throughout most of its early life, the city sold WSUN radio and its television counterpart, WSUN-TV , to Hy Levinson, a Detroit broadcaster and owner of that city's WCAR radio. In 1970, WSUN-TV would go dark, while WSUN radio and its then-sister, WQXM-FM , would be sold to

1386-491: The 1990s. In 1998 Cox swapped its 620 AM signal for the 97.1 signal owned by the Concord Broadcasting Group, whose easy-listening station, WLVU-FM, moved from 106.3 to 97.1 shortly before the swap. After the move to FM, WSUN-FM adopted an oldies format as "Oldies 97.1", while Concord changed 620's calls to WSAA, and became a simulcast of Bay News 9 . (It would later be sold to Clear Channel Communications , becoming

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1452-692: The Elephant , Sick Puppies , Young the Giant , The Joy Formidable and Grouplove . IHeartMedia iHeartMedia, Inc. , or CC Media Holdings, Inc. , is an American mass media corporation headquartered in San Antonio , Texas . It is the holding company of iHeartCommunications, Inc. , formerly Clear Channel Communications, Inc. , a company founded by Lowry Mays and Red McCombs in 1972, and later taken private by Bain Capital and Thomas H. Lee Partners in

1518-472: The FCC limit of five, and the sale eliminated this grandfathered status. On February 9, 2022, Spanish Broadcasting System announced they would purchase WSUN and WPYO from CXR Radio for $ 12.5 million. The deal marked SBS’ entry into both markets. On March 14, 2022, WSUN began simulcasting on St. Petersburg translator W248CA (97.5 FM), which is fed by WPOI-HD2. The translator formerly relayed WTMP (1150 AM), and

1584-585: The Regions division for its largest markets, the Metropolitan division for other major cities, and the Communities division for smaller markets and added a multi-market partnerships unit, and announced the development of centers of excellence that would use technology investments to "provide a better experience for listeners and business partners and a more efficient process for all of its employees". The restructuring

1650-449: The Tampa Bay area got its first taste of an alternative rock formatted station in many years with the debut of 97X. The first song, " Hemorrhage (In My Hands) " by Fuel was dedicated to modern adult contemporary WSSR and active rocker WXTB , both of whom are owned by competitor Clear Channel Communications (now iHeartMedia). On January 18, 2013, the station relaunched itself with a listener-controlled format. The final song under

1716-536: The Vertical Real Estate division and hired Scott Quitadamo to promote its tower portfolio. iHeartMedia owns and operates approximately 1,500 broadcast transmission towers across the U.S., many of which are available for co-location by third parties such as cellular and PCS companies, wireless internet, fixed wireless , and other broadcasters. iHeartMedia operates the country's largest syndication service, Premiere Networks . In addition, iHeartMedia syndicates

1782-471: The board of iHeartCommunications and was replaced by Laura A. Grattan, a director at Thomas H. Lee . Grattan was named to the board of managers of iHeartMedia Capital I, LLC, the direct parent of iHeartCommunications, as well as the board of directors of iHeartMedia, Inc., the indirect parent of iHeartCommunications. On November 30, 2017, it was reported that a group of creditors had rejected iHeartMedia's latest debt restructuring proposal, instead bringing out

1848-472: The board. Later that year, MTV co-founder Robert W. "Bob" Pittman joined the company and would eventually become CEO of CC Media Holdings. In August 2013, Clear Channel sold its minority stake in Sirius XM for $ 135.5 million. This also resulted in the removal of most Clear Channel-programmed stations on the service, besides simulcasts of WHTZ and KIIS-FM . On January 6, 2014, Clear Channel announced

1914-415: The broadcasting arm of pharmaceutical company Plough, Inc. In the mid-1980s, Plough would sell WSUN and WQXM separately, with WSUN being sold to Taft Broadcasting , then-owner of WTSP television and WYNF-FM . In the late 1980s, WSUN flipped to all-news, following its purchase by CBS Radio from Taft. It then later flipped to a news-talk format, which remained after its purchase from Cox Broadcasting in

1980-464: The company also filed a proposed initial public offering . iHeartMedia emerged from Chapter 11 bankruptcy in May 2019, with a new board of directors and the spin-out of Clear Channel Outdoor, but maintaining its existing leadership of CEO Bob Pittman and President Rich Bressler. Rather than pursue its IPO (which was estimated to potentially be valued at $ 1.1 billion), iHeartMedia instead received approval for

2046-509: The company assumed from its leveraged buyout. Various media outlets, including Bloomberg News , Reuters , Radio Ink , and iHeartMedia's hometown newspaper the San Antonio Express-News , claimed that either bankruptcy or a major restructuring was likely. On April 20, 2017, the company warned investors that it might not survive over the following 10 months. In 2016, one of the company's directors, Julia B. Donnelly, left

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2112-541: The company bought out KITN-TV in Minneapolis / St. Paul from Nationwide Communications , followed in 1994 by the purchase of WXXA-TV in Albany from Heritage Communications, for $ 25.5 million. In 1991, Clear Channel Television jumped into the foray of local marketing agreements , starting in 1991 with WJTC , which Clear Channel operated through a LMA with WPMI , and subsequently later on in 1992, when KASN entered into

2178-467: The company owns more than 860 full-power AM and FM radio stations in the U.S., making it the country's largest owner of radio stations. The company has also been involved in internet radio and podcasting via the digital platform iHeartRadio (from which the company derives its current name). In the past, the company was also involved in live events and out-of-home advertising . The company spun off these businesses in 2005 and 2019 respectively, as

2244-568: The complaints are about the axe of the "Morning X" show. In September 2014, iHeartMedia launched a local competitor to WSUN, branded "ALT 99.9" on WFUS -HD2, and relayed by 99.9 MHz FM translator W207BU, located in Bayonet Point (the translator has since moved to 100.3 FM, now W262CP, and the station rebranded as "ALT 100.3"). On March 7, 2016, "ALT 100.3" was replaced with a simulcast of iHeartRadio's WRUB in Bradenton. On July 22, 2016,

2310-424: The deal would help provide a higher level of national exposure to current and up and coming EDM artists. In September 2014, it was announced that the company would be renamed from Clear Channel Communications to iHeartMedia, alluding to its iHeartRadio platform to reflect the company's growing emphasis on digital media and internet radio . The previous name "Clear Channel" came from AM broadcasting, referring to

2376-532: The death of Robert Smith, the founder of Smith Broadcasting . In 2005, Clear Channel acquired another Salt Lake City television station KUWB from Acme Communications for $ 18.5 million in cash. In 2006, Don Perry was then named president and CEO of Clear Channel Television. Ever that, in the 2000s, Clear Channel began the trend of using legacy callsigns for former radio sisters as new call designated signs for existing Clear Channel TV properties, since it already owned radio stations, although WKRC-TV already used

2442-457: The first "97X" era was the song they launched with, "Hemorrhage" by Fuel. At 10 a.m., the station began stunting with a recorded loop of announcements promoting the new listener-controlled format. At 5 p.m., the station launched its listener-controlled format with " Best Of You " by Foo Fighters . With this new direction, the audience controlled every song that played using special technology designed by LDR, or Listener Driven Radio. LDR created

2508-610: The inventory will be supplied by KOKI. Later on, in 1994, in Jacksonville, WTEV-TV entered into a local marketing agreement with WAWS , the Clear Channel television station. In 1994, Fox shockingly announced its intentions to purchase WHBQ-TV , which displaced Clear Channel's WPTY-TV as its Fox Memphis affiliate. Also that year, as part of a group deal involving stations acquired by SF Broadcasting, Clear Channel's WPMI-TV in Mobile

2574-622: The moniker when it was under Clear Channel ownership. In 2002, San Antonio's Clear Channel station KMOL-TV was rebranded to WOAI-TV , the original call letters that station is using from 1948 to 1974, matching up with radio sister WOAI-AM . In 2005, WOKR, the Rochester Clear Channel affiliate was rebranded to WHAM-TV , the original call letters for an unrelated Rochester station WROC-TV from 1948 to 1956, matching up for radio sister WHAM-AM . Also that year, sister station in Syracuse, WIXT

2640-528: The most spins played on radio stations in the United States and Canada . A majority of stations that report to Mediabase are iHeartMedia outlets but other companies also report to the Mediabase charts. In addition, countdown shows produced by Premiere will utilize Mediabase charts for the basis of their programs. Operates urban bicycle sharing systems in several European cities: In 2003, Clear Channel created

2706-804: The new satellite radio service XM Satellite Radio , giving it the rights to program a selection of stations on the service (which would be drawn from some of its stations and syndicated output). In 2000, Clear Channel acquired Robert F. X. Sillerman 's SFX Entertainment, a concert promoter that had focused on consolidation of regional promoters under a national operation. In 2005, Clear Channel spun off its entertainment and live events business as Live Nation . On November 16, 2006, Clear Channel announced plans to go private, being bought out by two private-equity firms, Thomas H. Lee Partners and Bain Capital Partners for $ 26.7 billion, which included their assumption of $ 8 billion in Clear Channel debt. This

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2772-529: The new frequency for WDAE .) [1] The 97X Green Room is an annual series of compilation albums of live music recorded for WSUN-FM's Green Room series. All albums contain acoustic versions of popular songs from artists heard on the station. It was released for sale primarily at Tampa Bay area Best Buy locations, although later volumes were made available at other locations. Proceeds from the first album's sales benefited Audubon of Florida's Coastal Islands Sanctuaries Program. For subsequent albums, proceeds from

2838-403: The number-two group owner, Audacy . In June 2012, the company announced that it would become the first U.S. radio group to partner with record labels to pay performance royalties directly to labels and musicians (in addition to songwriters and producers). The royalties are paid via revenue sharing for advertising across platforms (including digital), rather than a flat payment each time a song

2904-428: The order of songs from one or several artists who appeared in concert locally earlier, and during a Sunday night show featuring local artists. In about 2016, the voting way was changed. Before, listeners needed to press 'Play More/Less' button to hear the songs more or less frequently; the update allowed listeners to vote songs up or down. The 24-hour interactive format has had a mix of compliments and complaints. Most of

2970-401: The other six were flipped to other buyers by Newport. In 2012 to mid-2013, Newport sold off all of its holdings to several other television groups, including Cox Media Group , Nexstar Media Group , and Sinclair Broadcast Group . Stations are arranged alphabetically by state and by city of license . iHeartMedia owns Mediabase , which provide music charts based on songs and tracks receiving

3036-676: The present-day Live Nation Entertainment and Clear Channel Outdoor . Clear Channel Communications purchased its first FM station in San Antonio, Texas in 1972. The company purchased the second "clear channel" AM station WOAI in 1975. In 1976, the company purchased its first stations outside of San Antonio. KXXO (now KAKC ) and KMOD-FM in Tulsa were acquired under the name "San Antonio Broadcasting" (same as KEEZ). Stations were also added in Port Arthur, Texas (KPAC-AM-FM, now KDEI and KTJM , from Port Arthur College ), and El Paso, Texas (KELP, now KQBU ) from John Walton Jr. In 1992,

3102-745: The president of Clear Channel Television, replacing Rioridan. In 2001, after acquiring the stations of Chris-Craft Industries , Fox Television Stations traded WFTC to Clear Channel Television for Fox's own TV stations KMOL-TV in San Antonio and KTVX in Salt Lake City . In 2002, Clear Channel acquired Ackerley Group , which incorporated its television holdings into the Clear Channel Television portfolio. Also that year, Clear Channel sold KTTU in Tucson to Belo outright. In 2003, Clear Channel announced that they would sell WUTR to Mission Broadcasting . In 2004, Clear Channel bought WETM outright after

3168-502: The provider of a programmatic advertising platform for radio stations. In January 2019, the U.S. Bankruptcy Court for the Southern District of Texas approved a creditor-supported plan for iHeartMedia to exit bankruptcy, which would reduce the company's debt from $ 16.1 billion to $ 5.75 billion. The plan included the spin-out of iHeartMedia's 89.1% stake in its out-of-home advertising division Clear Channel Outdoor . In April 2019,

3234-501: The sales benefit The Nature Conservancy . The albums' goal is to provide exclusive acoustic performances and to help raise money and awareness to the needs of environment in Florida . The latest installment in the series, Volume 7, released on September 8, 2011, includes performances by Foster the People , A Day to Remember , Silversun Pickups , Manchester Orchestra , Matt Schultz from Cage

3300-523: The same/similar call signs or branding. If an internal link led you here, you may wish to change the link to point directly to the intended article. Retrieved from " https://en.wikipedia.org/w/index.php?title=WSUN&oldid=1142334287 " Category : Broadcast call sign disambiguation pages Hidden categories: Short description is different from Wikidata All article disambiguation pages All disambiguation pages WSUN (FM) The station signed on September 1, 1978, on

3366-504: The station changed its call sign to the current WSUN. On August 11, 2016, WSUN began simulcasting on WHPT -HD2. As of August 6, 2019, WSUN began simulcasting on WPOI -HD2. In 2019, Cox Media Group transferred WSUN, along with Orlando sister station WPYO , to CXR Radio, LLC, a divestiture trust run by Elliot B. Evers. The transfer followed the sale of the remainder of Cox Media Group from Cox Enterprises to Apollo Global Management ; Cox had owned six FM stations in Tampa Bay, one over

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3432-453: The station. By 9 p.m. of that day, the station received 31,000 song votes; and over 1.7 million by January 28. In mid-2014, the listener voting feature was scaled back, now only allowing users to vote on select new/current songs (instead of the entire playlist, as before), the results of which are featured on daily "countdown" shows. The live voting feature is still occasionally employed during "After-Concert Takeovers", where listeners can vote on

3498-423: The stock. Chancellor Media later became AMFM Inc., which was acquired by Clear Channel in a deal announced October 3, 1999, and valued at $ 17.4 billion. The resulting company would own 830 radio stations, 19 television stations, and over 425,000 outdoor displays in 32 countries. In 1999, the company acquired Jacor Communications , a radio corporation based in Cincinnati . The company also made an investment in

3564-440: The stunting to a loop of songs featured in their new Spanish contemporary hits format, which debuted on May 9 as "El Zol 97.1". The "WSUN" calls have been used in the St. Petersburg area since 1927, when WSUN signed on, then a time-share with WFLA . The station moved to its longtime 620 kHz frequency in 1929, and got the frequency all to itself in 1941, when WFLA moved to 940 kHz (then to 970 shortly afterward). From

3630-640: The termination date of the buyout from December 12, 2007, to June 12, 2008. On July 24, 2008, Clear Channel held a special shareholder meeting, during which the majority of shareholders accepted a revised $ 36-per-share offer from Bain Capital and Thomas H. Lee Partners , revaluing the deal at $ 17.9 billion plus debt. Shareholders received either $ 36 in cash, or one share of CC Media Class A common stock for each share of Clear Channel common stock held. The company announced that it would move to more centralized programming and lay off 1,500 employees, or approximately 7% of its workforce, on January 20, 2009. The reasoning

3696-522: The third-largest radio group by income. A year later, Chancellor Media Corporation and Capstar Broadcasting Corporation announced a merger that would result in Chancellor Media owning 463 stations in 105 markets when the deal was completed in second quarter 1999. Hicks, Muse, Tate & Furst owned 59 percent of Capstar, with 355 stations in 83 markets, and was the largest single owner of Chancellor (which had 108 stations in 22 markets), with 15 percent of

3762-659: Was accompanied by a major round of layoffs and displacements, with a large number of staff members and on-air personalities impacted. iHeartMedia has purchased interest in, or outright acquired, companies in a number of media or advertising related industries. This is not an exhaustive list. With 855 stations, iHeartMedia is the largest radio station group owner in the United States, both by number of stations and by revenue. The 855 stations reach more than 110 million listeners every week, and 276 million every month. According to BIA Financial Network, iHeartMedia recorded more than $ 3.5 billion in revenues as of 2021 , $ 1 billion more than

3828-425: Was bleak economic conditions and debt from its transition to a private company. By the completion of the restructuring in May 2009, a total of 2,440 positions were eliminated. In early 2010, it was announced that the company was facing the possibility of bankruptcy due to its "crippling debt". After 21 years, Mark Mays stepped down as president and CEO of Clear Channel on June 23, 2010. Mays remained as chairman of

3894-682: Was followed on July 3 of that year with the purchase of Fox affiliate WAWS-TV in Jacksonville, Florida , from Malrite Communications Group , for $ 8.1 million. Eventually over time, Clear Channel Television became the second-largest independent television group, behind Sinclair Broadcast Group . In 1990, Clear Channel bought out its fifth television station, KSAS-TV in Wichita, Kansas , for $ 7.9 million. In 1991, Clear Channel bought out KLRT-TV in Little Rock, Arkansas for $ 6.6 million. In 1992, Clear Channel bought out WPTY-TV in Memphis from Chase Communications for $ 21 million. Later on in 1993,

3960-492: Was initially headed by J. Daniel Sullivan, who set up as president of Clear Channel's television division. The group made its beginnings when the first television station iHeartMedia purchased as Clear Channel was WPMI in Mobile , Alabama in 1988. Later that year, Clear Channel Communications bought out KDTU-TV in Tucson, Arizona , which became Clear Channel's second television station. On March 13, 1989, Clear Channel Television bought out KOKI-TV for $ 6.5 million. This

4026-430: Was just under a 10 percent premium above its closing price of $ 35.36 a share on November 16: the deal valued Clear Channel at $ 37.60 per share. In a separate transaction also announced on November 16, 2006, Clear Channel said it would seek buyers for all of its television stations and 539 of its smaller radio stations, because the private-equity buyers were not interested in owning television or small-market radio. Over

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4092-470: Was previously owned by iHeartMedia. In May 2019, it was spun out from iHeartMedia as part of its exit from bankruptcy. Clear Channel Television is a defunct television broadcaster and a former subsidiary of the group that was in operation, for nearly 20 years, from 1988 to 2008. It owned more than 40 stations, most of them were from the Big Six networks, a few of which are independent (non-network affiliates). It

4158-529: Was rebranded to WSYR-TV , the original call letters for WSTM-TV from 1950 to 1980, matching up for radio sister WSYR-AM . In 2007, the company entered into an agreement to sell all its television stations to Providence Equity Partners for $ 1.2 billion, a deal that eventually closed in March 2008. Earlier that year, Don Perry left as president and CEO of Clear Channel Television. All former Clear Channel television stations were owned by Newport Television , while

4224-454: Was rejected by the equity firm backing the deal. The deal then shifted to Frequency License LLC, but took longer to resolve itself as the two parties were engaged in lawsuits. On top of that, the sale of Clear Channel's television portfolio to Newport Television had also turned uncertain, as Providence considered other options, although this transaction was ultimately completed. On December 4, 2007, Clear Channel announced that they had extended

4290-552: Was set to be displaced as Mobile's Fox affiliate by WALA-TV as part of a three-station deal with the other Burnham stations. These moves didn't sit well for Clear Channel Television, whose president Dan Sullivan thought they wanted to affiliate it with the ousted networks, including NBC in Mobile, and ABC in Memphis. In 1995, Clear Channel purchased its first Big Three network affiliate, WHP-TV in Harrisburg , for $ 30 million. It

4356-721: Was subsequently followed it up when Gateway Communications, owners of WLYH-TV entered into a LMA with Clear Channel's WHP-TV . Later on that year, J. Dan Sullivan left Clear Channel Television to start out Sullivan Broadcasting to acquire the Act III Broadcasting stations. He was then succeeded by Rip Rioridan as president. In 1996, it bought out WPRI-TV in Providence from CBS , which CBS did not keep due to slight signal overlap with WBZ-TV in Boston . Also that year, Argyle Television Holdings II , who owned WNAC-TV entered into

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