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Jacor Communications Inc

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BUSINESS
August 29, 1997
Covington, Ky.-based Jacor Communications Inc. said it plans to buy oldies radio station KIST-AM in Santa Barbara for $850,000 from Engles Enterprises Inc. The sale is subject to Federal Communications Commission approval. Jacor, the nation's third-largest radio group, already owns three stations in Santa Barbara: KQSB-AM, KTYD-FM and KSBL-FM. Including pending acquisitions, Jacor owns, operates or represents 159 radio stations in 34 U.S. markets.
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BUSINESS
September 16, 1998 | PATRICE APODACA, TIMES STAFF WRITER
Jacor Communications Inc., a large radio station owner and program distributor, has agreed to buy two radio stations in Anaheim for $30.1 million in cash to expand further in Southern California. Jacor, whose syndicated programs include "The Rush Limbaugh Show" and "The Dr. Laura Schlessinger Show," said it will buy KEZY-FM (95.9) and KORG-AM (1190) from closely held ML Media Partners LP, an investment fund managed by Merrill Lynch & Co. Based in the Cincinnati suburb of Covington, Ky.
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BUSINESS
September 4, 1998 | Associated Press
Jacor Communications Inc. signed an agreement to buy three Southern California radio stations from Lancaster-based Antelope Broadcasting Co. for $4 million in cash. The deal to buy KAVL-AM of Lancaster, KAVS-FM of Mojave and KYHT-FM of Yermo is subject to approval by the Federal Communications Commission. The stations will complement Jacor's presence in Southern California, the company said. With these deals, Covington, Ky.
BUSINESS
September 4, 1998 | Associated Press
Jacor Communications Inc. signed an agreement to buy three Southern California radio stations from Lancaster-based Antelope Broadcasting Co. for $4 million in cash. The deal to buy KAVL-AM of Lancaster, KAVS-FM of Mojave and KYHT-FM of Yermo is subject to approval by the Federal Communications Commission. The stations will complement Jacor's presence in Southern California, the company said. With these deals, Covington, Ky.
BUSINESS
August 11, 1998 | Bloomberg News
Jacor Communications Inc.'s $620-million purchase of Nationwide Communications Inc. was approved by U.S. regulators on the condition that Jacor sell eight radio stations in California and Ohio. The Justice Department said divestitures in San Diego, Cleveland and Columbus, Ohio, would prevent Covington, Ky.-based Jacor from dominating the radio advertising markets in the three cities. It is the latest regulatory approval in the current round of radio industry consolidations.
BUSINESS
September 16, 1998 | PATRICE APODACA, TIMES STAFF WRITER
Jacor Communications Inc., a large radio station owner and program distributor, has agreed to buy two radio stations in Anaheim for $30.1 million in cash to expand further in Southern California. Jacor, whose syndicated programs include "The Rush Limbaugh Show" and "The Dr. Laura Schlessinger Show," said it will buy KEZY-FM (95.9) and KORG-AM (1190) from closely held ML Media Partners LP, an investment fund managed by Merrill Lynch & Co. Based in the Cincinnati suburb of Covington, Ky.
BUSINESS
February 14, 1996 | From Times Staff and Wire Reports
In the biggest radio deal of the year and one that offers a preview of changes to come in the industry, Jacor Communications Inc. agreed Tuesday to buy Citicasters Inc. for $770 million. It would make the Sam Zell-controlled company the owner of the largest group of stations in the country. The deal is the biggest broadcasting transaction to be announced since President Clinton signed the telecommunications reform bill last week.
BUSINESS
August 5, 1996 | Times Staff and Wire Reports
Jacor Wins Justice Dept. OK to Merge with Citicasters: Antitrust clearance has been given for the Cincinnati-based broadcaster's bid to buy Citicasters Inc., its cross-town rival, in a $770-million deal that would create one of the nation's largest radio groups. Jacor said it reached agreement with the Justice Department to sell Cincinnati radio station WKRQ-FM, one of the 19 radio stations and two TV stations Jacor would acquire in the deal.
BUSINESS
May 5, 1998
* Covington, Ky.-based Jacor Communications Inc. said it will buy KDIF-AM in Riverside from Hispanic Radio Broadcasters for $2.65 million. The deal is subject to approval by the Federal Communications Commission.
CALIFORNIA | LOCAL
September 26, 1997 | SYLVIA L. OLIANDE
"Dr. Laura," one of the nation's top-rated radio talk-show hosts, will speak during Shabbat services tonight at Shomrei Torah synagogue. Laura Schlessinger, whose no-nonsense radio show is heard locally on KFI-AM (640), is known throughout Los Angeles for scolding her callers and holding them to strict moral standards. With her growing popularity among religious groups--attracted by her on-air references to religious and moral codes--she has spoken at synagogues and Christian retreats.
BUSINESS
August 11, 1998 | Bloomberg News
Jacor Communications Inc.'s $620-million purchase of Nationwide Communications Inc. was approved by U.S. regulators on the condition that Jacor sell eight radio stations in California and Ohio. The Justice Department said divestitures in San Diego, Cleveland and Columbus, Ohio, would prevent Covington, Ky.-based Jacor from dominating the radio advertising markets in the three cities. It is the latest regulatory approval in the current round of radio industry consolidations.
BUSINESS
August 29, 1997
Covington, Ky.-based Jacor Communications Inc. said it plans to buy oldies radio station KIST-AM in Santa Barbara for $850,000 from Engles Enterprises Inc. The sale is subject to Federal Communications Commission approval. Jacor, the nation's third-largest radio group, already owns three stations in Santa Barbara: KQSB-AM, KTYD-FM and KSBL-FM. Including pending acquisitions, Jacor owns, operates or represents 159 radio stations in 34 U.S. markets.
BUSINESS
August 5, 1996 | Times Staff and Wire Reports
Jacor Wins Justice Dept. OK to Merge with Citicasters: Antitrust clearance has been given for the Cincinnati-based broadcaster's bid to buy Citicasters Inc., its cross-town rival, in a $770-million deal that would create one of the nation's largest radio groups. Jacor said it reached agreement with the Justice Department to sell Cincinnati radio station WKRQ-FM, one of the 19 radio stations and two TV stations Jacor would acquire in the deal.
BUSINESS
February 14, 1996 | From Times Staff and Wire Reports
In the biggest radio deal of the year and one that offers a preview of changes to come in the industry, Jacor Communications Inc. agreed Tuesday to buy Citicasters Inc. for $770 million. It would make the Sam Zell-controlled company the owner of the largest group of stations in the country. The deal is the biggest broadcasting transaction to be announced since President Clinton signed the telecommunications reform bill last week.
BUSINESS
November 2, 2010 | By Phil Rosenthal and Steve Mills
In the wake of last month's resignation of Tribune Co. Chief Executive Randy Michaels, some other top-level executives are headed out the door. Tribune Interactive President Marc Chase, Senior Vice President and Chief Operating Officer Jeff Kapugi and Executive Vice President Carolyn Gilbert ? longtime associates of Michaels ? are leaving the company, according to people familiar with the situation. Gilbert and Kapugi confirmed their departures from Tribune's digital division Monday.
BUSINESS
September 1, 2010 | By Michael Oneal
The board of directors of bankrupt Tribune Co. formed a special committee to oversee the media company's contentious reorganization process and to manage any legal claims arising from its 2007 leveraged buyout. Sources said the step is an effort to remove conflicts of interest from the debtor's decision-making process since some Tribune board members and officers may be the target of buyout-related claims. In a court filing Tuesday, the Chicago media company said four directors would sit on the committee.
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