Los Angeles, CA (PRWEB) July 21, 2006
Mapleton Communications LLC, one of the fastest growing radio operators in the Western Region of the United States has announced the acquisition of ten (10) radio stations serving Chico and Redding, California from Regent Broadcasting. The agreement is subject to FCC approval and expected to close in 60-90 days.
The Chico radio stations include four (4) FM’s: KFMF-FM, KALF-FM, KQPT-FM, KZAP-FM. Redding stations include four (4) FM’s and two (2) AM’s: KNNN-FM, KSHA-FM, KQMS-AM, KRRX-FM, KNRO-AM, KRDG-FM.
“We have the utmost respect for Regent Broadcasting. We are thrilled at the opportunity to continue to build on the solid community relations that the radio stations have established in Chico and Redding. The markets are a solid strategic fit for Mapleton with full clusters that will serve as the bridge between Mapleton’s Northern California and Oregon markets,” said Adam Nathanson, President and CEO of Mapleton Communications.
“Mapleton Communications is a solid radio operator with a strong and focused presence in the Western Region of the United States. Chico and Redding will fit well within the Mapleton umbrella,” said Bill Stakelin, President and CEO of Regent Broadcasting.
About Mapleton Communications: Mapleton Communications also owns and operates 25 radio stations in California and Oregon serving the following markets: San Francisco, Monterey, Merced, San Luis Obispo, Tulare-Visalia-Hanford and Medford, Oregon. For more information on Mapleton Communications, go to http://www.mapletoncomm.com
For more information:
Adam Nathanson, President/CEO
Bill Stakelin, President/CEO
Tel (859) 292-0030