Local firm to buy 17 Maine radio stations

[Alan Tolz]

Louis Vitali is the CEO.  He was a principal in Mariner Broadcasting before 
this.
----- Original Message ----- 
From: "Doug Drown" <revdoug1@verizon.net>
To: "Dan Billings" <billings@suscom-maine.net>; 
<boston-radio-interest@bostonradio.org>
Sent: Thursday, May 01, 2008 7:44 PM
Subject: Re: Local firm to buy 17 Maine radio stations


> 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
>>
>>
>>
>
>