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December 19, 1989 | DOUGLAS FRANTZ, TIMES STAFF WRITER
In an action that could provide clues about the future direction of communications regulation under President Bush, a listeners organization said Monday that it will challenge GAF Corp.'s ownership of a New York radio station because of the conviction last week of the company and its vice chairman on stock manipulation charges. The action could force GAF to sell classical music station WNCN-FM or change the structure under which it owns the station, David M.
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BUSINESS
December 19, 1989 | DOUGLAS FRANTZ, TIMES STAFF WRITER
In an action that could provide clues about the future direction of communications regulation under President Bush, a listeners organization said Monday that it will challenge GAF Corp.'s ownership of a New York radio station because of the conviction last week of the company and its vice chairman on stock manipulation charges. The action could force GAF to sell classical music station WNCN-FM or change the structure under which it owns the station, David M.
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BUSINESS
June 29, 1988 | AL DELUGACH, Times Staff Writer
KJOI of Los Angeles is changing hands for a reported $75 million, which would be the largest price ever paid for an FM radio station, sources close to the impending transaction said Tuesday. The deal, which is part of a complex shuffling of ownership in stations around the country worth more than $155 million, is expected to be announced today. A draft of a news release prepared for release by Robert F. X.
BUSINESS
June 29, 1988 | AL DELUGACH, Times Staff Writer
KJOI of Los Angeles is changing hands for a reported $75 million, which would be the largest price ever paid for an FM radio station, sources close to the impending transaction said Tuesday. The deal, which is part of a complex shuffling of ownership in stations around the country worth more than $155 million, is expected to be announced today. A draft of a news release prepared for release by Robert F. X.
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