Courtesy of Radio Ink
June 3, 2021
It’s one of the biggest radio deals we’ve seen in awhile. Sinclair is selling KOMO-AM & FM, KPLZ-FM, “Star” 101.5 FM, and Talk Radio KVI-AM to Lotus for $18 million.
Lotus Communications is based in Los Angeles and owns 44 stations in the Western States.
Read More HERE
18 million for 3 STATIONS (the FM was worth more than that years ago).
Sound healthy to you? Or a fire sale?