Hot 97 Owner Emmis Communications Acquires WBLS For $130 Million

February 15, 2014 0

1x1.trans Hot 97 Owner Emmis Communications Acquires WBLS For $130 Million


Emmis Communications, which owns Hot 97, now has two more stations under their roster. Emmis purchased New York stations WBLS 107.5 FM and WLIB 1190 AM in a new deal. The corporation paid $131 million in cash and the acquisition will double the company’s annual operating income.

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