Local firm to buy 17 Maine radio stations

[Doug Drown]

Anybody know who the other principals are?
I'm delighted that this is a Maine-based company.  I even like the name. 
:-)

-Doug

----- Original Message ----- 
From: "Dan Billings" <billings@suscom-maine.net>
To: <boston-radio-interest@bostonradio.org>
Sent: Thursday, May 01, 2008 5:36 PM
Subject: Local firm to buy 17 Maine radio stations


>A newly formed Maine radio company - Blueberry Broadcasting - announced it 
>will buy 17 radio stations in the Augusta, Rockland and Bangor areas from 
>national media giant Clear Channel Communications.
>
> The Kennebunkport-based radio company has signed a contract to buy all of 
> Clear Channel's Maine radio stations, said Bruce Biette, of Blueberry 
> Broadcasting.
>
> Biette said the purchase price is $11 million.
>
>
> http://news.mainetoday.com/updates/026376.html
>
> $11 million seems like a low price.  I wonder what Clear Channel paid for 
> the stations.  I am betting a lot more.
>
> For the record -- Biette was GM of Saga's Portland stations when I was 
> fired in 1993.  Not that I hold a grudge.  ;-)
>
> -- Dan Billings, Bowdoinham, Maine
>
>
>