L.A. media group to acquire Sinclair''s Seattle radio stations
Los Angeles-based Lotus Communications announced Thursday it is acquiring Sinclair Broadcast Group''s Seattle radio stations for about $18 million in cash and other considerations. The radio stations include News Radio KOMO 1000 AM|97.7 FM, KPLZ "Star" 101.5 FM and Talk Radio KVI 570 AM. Jim Kalmenson, first senior vice president at Lotus, said he estimates the deal will close sometime in the fourth quarter of 2021, subject to regulatory approval. "Our company is focused on radio in the West. We''re
L.A. media group to acquire Sinclair''s Seattle radio stations
Los Angeles-based Lotus Communications announced Thursday it is acquiring Sinclair Broadcast Group''s Seattle radio stations for about $18 million in cash and other considerations. The radio stations include News Radio KOMO 1000 AM|97.7 FM, KPLZ "Star" 101.5 FM and Talk Radio KVI 570 AM. Jim Kalmenson, first senior vice president at Lotus, said he estimates the deal will close sometime in the fourth quarter of 2021, subject to regulatory approval. "Our company is focused on radio in the West. We''re