North East RadioWatch: April 17, 1997

In the Zone

by Scott Fybush

BULLETIN: After nearly four decades of family ownership, Knight Quality Broadcasting is being sold to Capstar for $70 million. Capstar enters New England radio in a big way -- it gets WTAG (580) and WSRS (96.1) in Worcester MA, WGIR AM/FM (610/101.1) in Manchester NH, WHEB (100.3), WXHT (95.3 York Center ME), and WTMN (1380) in Portsmouth NH, and WEZF (92.9) in Burlington VT. Patriarch Norman Knight had transferred the stations to his children last year; Inside Radio reports they'll join Capstar's management team once the deal closes. Capstar is already saying it will be making more acquisitions in New England in the near future. We'll keep you posted. (Added April 18. --ed.)

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