Emmis Communications sells LA's iconic Power 106 radio station to Meruelo Group for $82.75 million after 32 years of ownership. Deal pending FCC approval....
Philadelphia public radio station WXPN purchased WNTI 91.9 FM from Centenary College for $1.25 million, extending WXPN's award-winning music programming to New Jersey....
Light Media sells Power 105.5/The King radio station to Mt. Olive Baptist Church after successfully converting from secular rap to inspirational gospel format....
Denver's KKHI 101.9 smooth jazz station was sold to WAY-FM Communications but continues broadcasting online. Staff maintains K-High programming independently while seeking new FM frequency....