for our company to be stepping into the broadcasting industry with WABC as the anchor for our growing media assets.”The 2021 mayoral race is expected to be competitive.
News of the deal comes only a few months after the company purchased the legendary Talker WABC-AM/New York. Red Apple Media is a subsidiary of billionaire John Catsimatidis’ Red Apple Group which includes holdings in real estate, oil refineries, supermarkets and the Hellenic Times newspaper. Tackle the city, with our help.Eat it. Red Apple Media is a leading provider of managed web hosting and media delivery services, with unmatched customer service, support and technology. Eat it. this partnership ideal as we work together to give New York City what it deserves: the best news-talk station in the tri-state.”Catsimatidis added the acquisition was “exciting We offer Cloud Hosting, Managed Dedicated Servers, and e-commerce packages for both beginners and professionals. The station is a real New York legend with a rich history in broadcasting. In addition, radio talk host Walter Sterling joins the weekend lineup. The announcement was made live on WABC's "Curtis & Juliet" show, with Curtis Sliwa and Juliet Huddy, on Wednesday and coincided with the launch of WABC…
The celebration was held at the 77 WABC studio in New York City. Drink it. Cumulus Media (NASDAQ: CMLS ) has entered into an agreement to sell WABC in New York City to Red Apple Media for $12.5 million in cash. Conservative talker WABC New York (770) has made the move to FM – as long as you’re listening on the Eastern end of Long Island. Cumulus Media was the previous owner. We know that this new step for WABC will help the station to achieve its highest potential.”77 WABC continues its current powerhouse programming lineup, which includes:CONTACT: Mia Raftery, Promotions and Marketing ManagerPlease subscribe to 77 WABC for the latest news, alerts and happenings. "Today's agreement with Red Apple is yet another step in the execution of our portfolio optimization priority to drive Cumulus's long-term success,” said Mary Berner, CEO of Cumulus Media.“Consistent with our financial goals, we intend to use the sale's net cash proceeds to pay down debt and invest in the Company to better serve our 250 million listeners and the advertisers who want to reach them. Power players from across the city turned out on March 16 for the WABC radio launch party to celebrate the much-anticipated closing on the station by John Catsimatidis’s Red Apple Media took place.
All three shows will be simulcast on WLIR-FM/Long Island. Under the terms of the agreement, Red Apple will take responsibility for programming WABC immediately following the close of the sale. Johns passion for radio, along with his appreciation of the rich history of the station, makes this partnership ideal as we work together to give New York City what it deserves: the best News-Talk station in the tri-state.”Dave LaBrozzi, Program Director, 77 WABC, added: “John Catsimatidis shares the same vision and passion for building WABC, and having him join us is going to be such a great asset to this station. June 27, 2019 10:30 ET | Source: Cumulus Media … We offer Cloud Hosting, Managed Dedicated Servers, and e-commerce packages for both beginners and professionals. Red Apple Media has announced it has closed on its $12.5 million purchase of Conservative Talk 770 WABC New York from Cumulus Media. WABC Radio, New York’s talk-radio station, was purchased by Red Apple Media for $12.5 million. 2a48b604491ff6fed3943b1bda489bb6af4f2030 Uncovering the Truth w/ Rudy Giuliani & Dr. Maria RyanUncovering the Truth w/ Rudy Giuliani & Dr. Maria RyanUncovering the Truth w/ Rudy Giuliani & Dr. Maria RyanUncovering the Truth w/ Rudy Giuliani & Dr. Maria Ryan Free to qualified media, marketing and advertising professionals. I started a radio show five years ago, which is now available in 14 states and on the Internet; it has gained a large and loyal audience. Under the terms of the agreement, Red Apple will take responsibility for programming WABC immediately following the close of the sale, which … “We look forward to working with this legendary New York staple radio station with all of its employees and talent,” said Catsimatidis. Cumulus Media Announces Agreement to Sell WABC to Red Apple Media for $12.5 Million . Drink it. Mozilla/5.0 (Windows NT 10.0; WOW64) AppleWebKit/537.36 (KHTML, like Gecko) Chrome/55.0.2883.87 UBrowser/7.0.185.1002 Safari/537 Email Print Friendly Share. “It is exciting for our company to be stepping into the broadcasting industry with WABC as the anchor for our growing media assets.”Chad Lopez, Vice President/Market Manager, 77 WABC, noted: “This is truly a great day for 77 WABC, its listeners and advertising partners.
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