Radio One to sell Ohio, Kentucky radio stations

[liberalnurse]

I had read that Radio One had problems financially as they were late with posting their Quarterly Profits last March. What will this mean for Ohio to get Progressive Radio again? Is this something to hope about?

http://www.reuters.com/article/mergersNews/idUSWNAS189720070518

(Reuters) - Broadcaster Radio One Inc. (ROIA.O: Quote, Profile, Research said it agreed to sell all its radio stations in Dayton, Ohio and five of its six radio stations in Louisville, Kentucky, to Main Line Broadcasting for about $76 million.

The deal is expected to close during the second half of 2007, the company said in a statement.

Main Line Broadcasting is a portfolio company of Washington DC-based private equity fund Arlington Capital Partners.

[gizmonic]

1. boy, wouldn't that be nice?

I miss listening to Bill Press and Stephanie Miller on the radio.

I subscribe to Stephcasts for my ipod but can't find Bill Press. :(