CBS RADIO COMPLETES ACQUISITION OF WASHINGTON , D.C. RADIO STATION FROM FAMILY STATIONS, INC.All-News Station Added To Portfolio Of Leading Stations in the MarketCBS RADIO, a division of CBS Corporation, today said it has completed the previously announced deal with Family Stations, Inc. to acquire 107.9 FM in Washington , D.C. , bringing to six the number of CBS RADIO stations owned and operated by the Company in the nation’s eighth largest radio market.Financial terms of the agreement were not disclosed.As a result of the purchase, CBS RADIO launched an All-News station in the D.C. metropolitan area on Sunday, Jan. 22 on 99.1 WNEW-FM. Programming previously featured on that frequency, “El Zol,””a popular and thriving Spanish language format, can now be heard on the newly acquired station.CBS RADIO is the foremost programmer of All-News stations with the locally-based format’s most iconic brands among its portfolio. Legendary stations in New York, Los Angeles, Chicago, San Francisco, Philadelphia, Boston and Detroit rank as the No. 1 All-News station in their respective markets, and combined reach more than 12 million listeners on a weekly basis.
