WOR Radio, New York’s oldest radio station, is being sold to Clear Channel, Radio Ink magazine
Its owner, Buckley Radio, announced the sale Monday morning. Buckley’s President and CEO Joseph Bilotta said in a statement, “For more than 23 years, Buckley Radio has been the steward of one of the most legendary radio stations in broadcasting history.
"By passing the baton to Clear Channel Media and Entertainment, WOR listeners, advertisers, and employees will gain access to the unparalleled resources of a worldwide, multi-dimensional media and entertainment company. We have had a great run with WOR and could not be more confident that it is poised for another great run as part of the Clear Channel Media and Entertainment team.”
Founded in 1922, WOR 710 AM was one of the first radio stations in America to use directional antenna to increase the scope and range of its broadcast.
John Hogan, chairman and CEO of Clear Channel Media and Entertainment, said “WOR is an iconic New York City brand with a rich history and an exciting future. Clear Channel is excited to add WOR as a powerful, high potential complement to our New York brands.”
© 2014 Newsmax. All rights reserved.