Investing In Radio® OWNERSHIP REPORT 2018

Also available via the Internet through BIA’s MEDIA Access Pro™

BIA • 14150 Parkeast Cir., Ste. 110, Chantilly, VA 20151-2296 • Phone: 703-818-2425 • Fax: 703-803-3299 • E-mail: [email protected] • Web: www.bia.com Investing in Radio® Ownership Report 2018 Alphabetic Listing of Nielsen Audio Markets Rank Market Rank Market Rank Market 234 Abilene, TX 88 Chattanooga, TN 250 Grand Island-Kearney-Hastings, NE 83 Akron, OH 266 Cheyenne, WY 241 Grand Junction, CO 239 Albany, GA 3 Chicago, IL 68 Grand Rapids, MI 66 Albany-Schenectady-Troy, NY 203 Chico, CA 187 Green Bay, WI 69 Albuquerque, NM 32 Cincinnati, OH 47 Greensboro-Winston Salem-High Point, NC 71 Allentown-Bethlehem, PA 34 Cleveland, OH 90 Greenville-New Bern-Jacksonville, NC 170 Amarillo, TX 89 Colorado Springs, CO 59 Greenville-Spartanburg, SC 174 Anchorage, AK 229 Columbia, MO 167 Hagerstown-Chambersburg-Waynesboro, MD-PA 150 Ann Arbor, MI 84 Columbia, SC 82 Harrisburg-Lebanon-Carlisle, PA 137 Appleton-Oshkosh, WI 189 Columbus, GA 252 Harrisonburg, VA 157 Asheville, NC 36 Columbus, OH 52 Hartford-New Britain-Middletown, CT 8 Atlanta, GA 176 Concord, NH 223 Hilton Head, SC 154 Atlantic City-Cape May, NJ 111 Corpus Christi, TX 63 Honolulu, HI 109 Augusta, GA 5 Dallas-Ft. Worth, TX 265 Hot Springs, AR 257 Augusta-Waterville, ME 201 Danbury, CT 6 Houston-Galveston, TX 33 Austin, TX 64 Dayton, OH 40 Hudson Valley, NY 79 Bakersfield, CA 92 Daytona Beach, FL 166 Huntington-Ashland, WV-KY 21 Baltimore, MD 18 Denver-Boulder, CO 106 Huntsville, AL 219 Bangor, ME 70 Des Moines, IA 39 Indianapolis, IN 75 Baton Rouge, LA 13 Detroit, MI 127 Jackson, MS 254 Battle Creek, MI 192 Dothan, AL 267 Jackson, TN 145 Beaumont-Port Arthur, TX 212 Duluth-Superior, MN-WI 46 Jacksonville, FL 199 Bend, OR 235 Eau Claire, WI 113 Johnson City-Kingsport-Bristol, TN-VA 237 Billings, MT 76 El Paso, TX 231 Joplin, MO 144 Biloxi-Gulfport-Pascagoula, MS 227 Elmira-Corning, NY 185 Kalamazoo, MI 194 Binghamton, NY 178 Erie, PA 35 Kansas City, MO-KS 61 Birmingham, AL 147 Eugene-Springfield, OR 141 Killeen-Temple, TX 255 Bismarck, ND 163 Evansville, IN 72 Knoxville, TN 233 Bloomington, IL 197 Fargo-Moorhead, ND-MN 220 La Crosse, WI 264 Bluefield, WV 123 Fayetteville, AR 222 Lafayette, IN 95 Boise, ID 129 Fayetteville, NC 110 Lafayette, LA 10 Boston, MA 138 Flint, MI 217 Lake Charles, LA 173 Bowling Green, KY 214 Florence, SC 91 Lakeland-Winter Haven, FL 126 Bridgeport, CT 244 Florence-Muscle Shoals, AL 116 Lancaster, PA 263 Brunswick, GA 191 Frederick, MD 128 Lansing-East Lansing, MI 186 Bryan-College Station, TX 143 Fredericksburg, VA 190 Laredo, TX 58 Buffalo-Niagara Falls, NY 67 Fresno, CA 30 Las Vegas, NV 148 Burlington-Plattsburgh, VT-NY 108 Ft. Collins-Greeley, CO 242 LaSalle-Peru, IL 139 Canton, OH 57 Ft. Myers-Naples, FL 215 Laurel-Hattiesburg, MS 195 Cape Cod, MA 98 Ft. Pierce-Stuart-Vero Beach, FL 225 Lebanon-Hanover-White River Junction, NH-VT 206 Cedar Rapids, IA 161 Ft. Smith, AR 103 Lexington-Fayette, KY 78 Charleston, SC 183 Ft. Walton Beach-Destin, FL 228 Lima, OH 196 Charleston, WV 115 Ft. Wayne, IN 165 Lincoln, NE 24 Charlotte-Gastonia-Rock Hill, NC-SC 87 Gainesville-Ocala, FL 86 Little Rock, AR 208 Charlottesville, VA 268 Grand Forks, ND-MN 2 Los Angeles, CA 55 Louisville, KY 158 Peoria, IL 184 South Bend, IN 168 Lubbock, TX 9 Philadelphia, PA 93 Spokane, WA 130 Macon, GA 14 Phoenix, AZ 99 Springfield, MA 101 Madison, WI 28 Pittsburgh, PA 135 Springfield, MO 200 Manchester, NH 96 Portland, ME 23 St. Louis, MO 56 McAllen-Brownsville-Harlingen, TX 22 Portland, OR 151 Stamford-Norwalk, CT 207 Medford-Ashland, OR 122 Portsmouth-Dover-Rochester, NH 81 Stockton, CA 102 Melbourne-Titusville-Cocoa, FL 169 Poughkeepsie, NY 216 Sunbury-Selinsgrove-Lewisburg, PA 51 Memphis, TN 44 Providence-Warwick-Pawtucket, RI 247 Sussex, NJ 180 Merced, CA 236 Pueblo, CO 94 Syracuse, NY 11 Miami-Ft. Lauderdale-Hollywood, FL 16 Puerto Rico 162 Tallahassee, FL 42 Middlesex-Somerset-Union, NJ 155 Quad Cities, IA-IL 19 Tampa-St. Petersburg-Clearwater, FL 41 Milwaukee-Racine, WI 38 Raleigh-Durham, NC 213 Terre Haute, IN 15 Minneapolis-St. Paul, MN 253 Rapid City, SD 243 Texarkana, TX-AR 100 Mobile, AL 133 Reading, PA 104 Toledo, OH 117 Modesto, CA 230 Redding, CA 204 Topeka, KS 54 Monmouth-Ocean, NJ 97 Reno, NV 159 Traverse City-Petoskey-Cadillac, MI 240 Monroe, LA 179 Richland-Kennewick-Pasco, WA 152 Trenton, NJ 85 Monterey-Salinas-Santa Cruz, CA 53 Richmond, VA 62 Tucson, AZ 156 Montgomery, AL 25 Riverside-San Bernardino, CA 65 Tulsa, OK 256 Montpelier-Barre-St Johnsbury, VT 119 Roanoke-Lynchburg, VA 211 Tuscaloosa, AL 175 Morgantown-Clarksburg-Fairmont, WV 221 Rochester, MN 248 Twin Falls-Sun Valley, ID 121 Morristown, NJ 60 Rochester, NY 142 Tyler-Longview, TX 218 Muncie-Marion, IN 160 Rockford, IL 171 Utica-Rome, NY 232 Muskegon, MI 27 Sacramento, CA 249 Valdosta, GA 136 Myrtle Beach, SC 149 Saginaw-Bay City-Midland, MI 114 Victor Valley, CA 43 Nashville, TN 205 Salina-Manhattan, KS 107 Visalia-Tulare-Hanford, CA 20 Nassau-Suffolk, NY 134 Salisbury-Ocean City, MD 193 Waco, TX 182 New Bedford-Fall River, MA 29 Salt Lake City-Ogden-Provo, UT 7 Washington, DC 124 New Haven, CT 258 San Angelo, TX 238 Waterloo-Cedar Falls, IA 181 New London, CT 26 San Antonio, TX 262 Watertown, NY 49 New Orleans, LA 17 San Diego, CA 177 Wausau-Stevens Point, WI 1 New York, NY 4 San Francisco, CA 48 West Palm Beach-Boca Raton, FL 153 Newburgh-Middletown, NY 37 San Jose, CA 246 Wheeling, WV 45 Norfolk-Virginia Beach-Newport News, VA 172 San Luis Obispo, CA 251 Wichita Falls, TX 164 Odessa-Midland, TX 209 Santa Barbara, CA 105 Wichita, KS 50 Oklahoma City, OK 202 Santa Maria-Lompoc, CA 77 Wilkes Barre-Scranton, PA 226 Olean, NY 73 Sarasota-Bradenton, FL 261 Williamsport, PA 74 Omaha-Council Bluffs, NE-IA 146 Savannah, GA 80 Wilmington, DE 31 Orlando, FL 12 Seattle-Tacoma, WA 210 Winchester, VA 120 Oxnard-Ventura, CA 260 Sheboygan, WI 118 Worcester, MA 132 Palm Springs, CA 140 Shreveport, LA 198 Yakima, WA 224 Panama City, FL 259 Sioux City, IA 112 York, PA 245 Parkersburg-Marietta, WV-OH 188 Sioux Falls, SD 131 Youngstown-Warren, OH 125 Pensacola, FL

Investing in Radio® Ownership Report 2018 Alphabetic Listing of Nielsen Audio Markets BIA • Phone: 703-818-2425 • www.bia.com Investing in Radio® Ownership Report 2018 Rank Listing of Nielsen Audio Markets

Rank Market Rank Market Rank Market 1 New York, NY 46 Jacksonville, FL 91 Lakeland-Winter Haven, FL 2 Los Angeles, CA 47 Greensboro-Winston Salem-High Point, NC 92 Daytona Beach, FL 3 Chicago, IL 48 West Palm Beach-Boca Raton, FL 93 Spokane, WA 4 San Francisco, CA 49 New Orleans, LA 94 Syracuse, NY 5 Dallas-Ft. Worth, TX 50 Oklahoma City, OK 95 Boise, ID 6 Houston-Galveston, TX 51 Memphis, TN 96 Portland, ME 7 Washington, DC 52 Hartford-New Britain-Middletown, CT 97 Reno, NV 8 Atlanta, GA 53 Richmond, VA 98 Ft. Pierce-Stuart-Vero Beach, FL 9 Philadelphia, PA 54 Monmouth-Ocean, NJ 99 Springfield, MA 10 Boston, MA 55 Louisville, KY 100 Mobile, AL 11 Miami-Ft. Lauderdale-Hollywood, FL 56 McAllen-Brownsville-Harlingen, TX 101 Madison, WI 12 Seattle-Tacoma, WA 57 Ft. Myers-Naples, FL 102 Melbourne-Titusville-Cocoa, FL 13 Detroit, MI 58 Buffalo-Niagara Falls, NY 103 Lexington-Fayette, KY 14 Phoenix, AZ 59 Greenville-Spartanburg, SC 104 Toledo, OH 15 Minneapolis-St. Paul, MN 60 Rochester, NY 105 Wichita, KS 16 Puerto Rico 61 Birmingham, AL 106 Huntsville, AL 17 San Diego, CA 62 Tucson, AZ 107 Visalia-Tulare-Hanford, CA 18 Denver-Boulder, CO 63 Honolulu, HI 108 Ft. Collins-Greeley, CO 19 Tampa-St. Petersburg-Clearwater, FL 64 Dayton, OH 109 Augusta, GA 20 Nassau-Suffolk, NY 65 Tulsa, OK 110 Lafayette, LA 21 Baltimore, MD 66 Albany-Schenectady-Troy, NY 111 Corpus Christi, TX 22 Portland, OR 67 Fresno, CA 112 York, PA 23 St. Louis, MO 68 Grand Rapids, MI 113 Johnson City-Kingsport-Bristol, TN-VA 24 Charlotte-Gastonia-Rock Hill, NC-SC 69 Albuquerque, NM 114 Victor Valley, CA 25 Riverside-San Bernardino, CA 70 Des Moines, IA 115 Ft. Wayne, IN 26 San Antonio, TX 71 Allentown-Bethlehem, PA 116 Lancaster, PA 27 Sacramento, CA 72 Knoxville, TN 117 Modesto, CA 28 Pittsburgh, PA 73 Sarasota-Bradenton, FL 118 Worcester, MA 29 Salt Lake City-Ogden-Provo, UT 74 Omaha-Council Bluffs, NE-IA 119 Roanoke-Lynchburg, VA 30 Las Vegas, NV 75 Baton Rouge, LA 120 Oxnard-Ventura, CA 31 Orlando, FL 76 El Paso, TX 121 Morristown, NJ 32 Cincinnati, OH 77 Wilkes Barre-Scranton, PA 122 Portsmouth-Dover-Rochester, NH 33 Austin, TX 78 Charleston, SC 123 Fayetteville, AR 34 Cleveland, OH 79 Bakersfield, CA 124 New Haven, CT 35 Kansas City, MO-KS 80 Wilmington, DE 125 Pensacola, FL 36 Columbus, OH 81 Stockton, CA 126 Bridgeport, CT 37 San Jose, CA 82 Harrisburg-Lebanon-Carlisle, PA 127 Jackson, MS 38 Raleigh-Durham, NC 83 Akron, OH 128 Lansing-East Lansing, MI 39 Indianapolis, IN 84 Columbia, SC 129 Fayetteville, NC 40 Hudson Valley, NY 85 Monterey-Salinas-Santa Cruz, CA 130 Macon, GA 41 Milwaukee-Racine, WI 86 Little Rock, AR 131 Youngstown-Warren, OH 42 Middlesex-Somerset-Union, NJ 87 Gainesville-Ocala, FL 132 Palm Springs, CA 43 Nashville, TN 88 Chattanooga, TN 133 Reading, PA 44 Providence-Warwick-Pawtucket, RI 89 Colorado Springs, CO 134 Salisbury-Ocean City, MD 45 Norfolk-Virginia Beach-Newport News, VA 90 Greenville-New Bern-Jacksonville, NC 135 Springfield, MO 136 Myrtle Beach, SC 181 New London, CT 225 Lebanon-Hanover-White River Junction, NH-VT 137 Appleton-Oshkosh, WI 182 New Bedford-Fall River, MA 226 Olean, NY 138 Flint, MI 183 Ft. Walton Beach-Destin, FL 227 Elmira-Corning, NY 139 Canton, OH 184 South Bend, IN 228 Lima, OH 140 Shreveport, LA 185 Kalamazoo, MI 229 Columbia, MO 141 Killeen-Temple, TX 186 Bryan-College Station, TX 230 Redding, CA 142 Tyler-Longview, TX 187 Green Bay, WI 231 Joplin, MO 143 Fredericksburg, VA 188 Sioux Falls, SD 232 Muskegon, MI 144 Biloxi-Gulfport-Pascagoula, MS 189 Columbus, GA 233 Bloomington, IL 145 Beaumont-Port Arthur, TX 190 Laredo, TX 234 Abilene, TX 146 Savannah, GA 191 Frederick, MD 235 Eau Claire, WI 147 Eugene-Springfield, OR 192 Dothan, AL 236 Pueblo, CO 148 Burlington-Plattsburgh, VT-NY 193 Waco, TX 237 Billings, MT 149 Saginaw-Bay City-Midland, MI 194 Binghamton, NY 238 Waterloo-Cedar Falls, IA 150 Ann Arbor, MI 195 Cape Cod, MA 239 Albany, GA 151 Stamford-Norwalk, CT 196 Charleston, WV 240 Monroe, LA 152 Trenton, NJ 197 Fargo-Moorhead, ND-MN 241 Grand Junction, CO 153 Newburgh-Middletown, NY 198 Yakima, WA 242 LaSalle-Peru, IL 154 Atlantic City-Cape May, NJ 199 Bend, OR 243 Texarkana, TX-AR 155 Quad Cities, IA-IL 200 Manchester, NH 244 Florence-Muscle Shoals, AL 156 Montgomery, AL 201 Danbury, CT 245 Parkersburg-Marietta, WV-OH 157 Asheville, NC 202 Santa Maria-Lompoc, CA 246 Wheeling, WV 158 Peoria, IL 203 Chico, CA 247 Sussex, NJ 159 Traverse City-Petoskey-Cadillac, MI 204 Topeka, KS 248 Twin Falls-Sun Valley, ID 160 Rockford, IL 205 Salina-Manhattan, KS 249 Valdosta, GA 161 Ft. Smith, AR 206 Cedar Rapids, IA 250 Grand Island-Kearney-Hastings, NE 162 Tallahassee, FL 207 Medford-Ashland, OR 251 Wichita Falls, TX 163 Evansville, IN 208 Charlottesville, VA 252 Harrisonburg, VA 164 Odessa-Midland, TX 209 Santa Barbara, CA 253 Rapid City, SD 165 Lincoln, NE 210 Winchester, VA 254 Battle Creek, MI 166 Huntington-Ashland, WV-KY 211 Tuscaloosa, AL 255 Bismarck, ND 167 Hagerstown-Chambersburg-Waynesboro, MD-PA 212 Duluth-Superior, MN-WI 256 Montpelier-Barre-St Johnsbury, VT 168 Lubbock, TX 213 Terre Haute, IN 257 Augusta-Waterville, ME 169 Poughkeepsie, NY 214 Florence, SC 258 San Angelo, TX 170 Amarillo, TX 215 Laurel-Hattiesburg, MS 259 Sioux City, IA 171 Utica-Rome, NY 216 Sunbury-Selinsgrove-Lewisburg, PA 260 Sheboygan, WI 172 San Luis Obispo, CA 217 Lake Charles, LA 261 Williamsport, PA 173 Bowling Green, KY 218 Muncie-Marion, IN 262 Watertown, NY 174 Anchorage, AK 219 Bangor, ME 263 Brunswick, GA 175 Morgantown-Clarksburg-Fairmont, WV 220 La Crosse, WI 264 Bluefield, WV 176 Concord, NH 221 Rochester, MN 265 Hot Springs, AR 177 Wausau-Stevens Point, WI 222 Lafayette, IN 266 Cheyenne, WY 178 Erie, PA 223 Hilton Head, SC 267 Jackson, TN 179 Richland-Kennewick-Pasco, WA 224 Panama City, FL 268 Grand Forks, ND-MN 180 Merced, CA

Investing in Radio® Ownership Report 2018 Rank Listing of Nielsen Audio Markets BIA • Phone: 703-818-2425 • www.bia.com Information About Investing in Radio® Ownership Report

What’s in this book? BIA’s Radio Yearbook® is a companion directory of about 12,000 commercial radio Welcome to BIA’s Investing in Radio® 2018 Ownership Report. Published since 1986, stations, profiling the industry geographically and providing the user with contact this is the premiere information guide profiling the Nielsen Audio-rated commercial radio information for the individual radio stations, including their key personnel and owners. stations by owner. The book highlights the 11,170 commercial radio stations that serve It also contains a directory of professional services providers and equipment suppliers a Nielsen Audio-rated market (or are owned by a group owner that owns other stations in to the industry. rated markets) sorted by their 1,805 owners. All 268 Nielsen Audio-rated metro markets Data Provided Electronically (CD-ROM, etc.) including Puerto Rico are represented herein. All of this data and much, much more is available through BIA’s powerful database software, BIA’s MEDIA Access ProTM Radio Analyzer. With more than 28,000 Other Radio Publications radio facilities profiled with more than 700 fields of data for each station, this is the most comprehensive, easy-to-use and accurate source of data available on the radio This book has a companion publication, BIA’s Investing in Radio® 2018 Market Report, industry. from which the Ownership Report’s information is extracted and reorganized by owner. The Market Report is a market-by-market investment guide providing an in-depth analysis For more information on the publications, software and custom research services of the financial, economic and demographic health of the individual Nielsen Audio-rated offered by BIA, call a BIA representative at 703-818-2425 and/or see the last page metros and comprehensively profiles the competiting radio stations in that market. of this book for a Price List and Order Form.

Copyrights

BIA Warning: COPYRIGHT VIOLATIONS WILL BE PROSECUTED. BIA shares 10% Copyright © 2018 by BIA Advisory Services, LLC (d/b/a BIA). The contents of this of the net proceeds of settlements and jury awards with individuals who provide report are the property of BIA and are protected by copyright and other intellectual essential evidence of illegal copying or electronic distribution. To report violations, property laws. No part of this material may be reproduced or transmitted by any please contact 703-818-2425 or email [email protected]. means, electronic or mechanical, including photocopying or recording in an informa- tion storage and retrieval system, unless there is written permission from BIA or a license agreement with them for such use. All rights reserved. Nielsen Audio Copyright © 2018 Nielsen Audio. For use by licensed subscribers only. Reprinted Information in this publication is solely for the internal use of clients of BIA and may with permission. All audience estimates and/or data contained herein are copyrighted not be distributed to third parties. The information is not for use as the basis for private by and proprietary to Nielsen Audio. Nielsen Audio reserves all rights with respect offering, in a prospectus, in a valuation or appraisal report, or for developing derivative to its data. No such data may be reproduced or transmitted in any form or by any works distributed to third parties without written permission from BIA. Permission means including but not limited to photocopying or recording on or for any infor- is considered upon request and the submittal of an indemnification and release form. mation storage or retrieval system, including the internet, without the prior express Licensing agreements are available for expanded use or external distribution. For written consent of Nielsen Audio. All Nielsen Audio data are subject to the qualifica- further information, please call 703-818-2425 or email [email protected]. tions and limitations stated in Nielsen Audio’s reports. Due to these qualifications and limitations, the accuracy of Nielsen Audio’s data cannot be determined to any BIA ADVISORY SERVICES, BIA FINANCIAL NETWORK, BIAfn, INVESTING precise mathematical value or definition. IN RADIO, INVESTING IN TELEVISION, INVESTING IN NEWSPAPER, RA- DIO YEARBOOK, TELEVISION YEARBOOK, and MEDIA ACCESS PRO are trademarks of BIA Financial Network, Inc.

Investing In Radio ® 2018. Copyright © BIA Advisory Services, LLC. Unauthorized distribution prohibited. For permission: 703-818-2425 or [email protected] Disclaimer Notice Questions about the Investing in Radio® 2018 Ownership Report or other Every effort has been made to ensure the accuracy of the information BIA publications or services should be directed to: in this publication. Any errors detected or called to our attention, which BIA • 14150 Parkeast Cir, Ste 110, Chantilly, Virginia 20151 in our opinion are material, will be corrected in future releases. BIA Phone: (703) 818-2425 • E-mail: [email protected] assumes no liability for any errors or omissions in the information, and shall not be liable for any injuries or damages (including consequen- tial) which might result from its use. Keys and Codes General Codes for Sales Price cp A “cp” following the Power column indicates that the station ac Combo sale in adjacent market has a construction permit to change frequency, power, or its al Station sold for assumption of liabilities antenna height to upgrade its technical facilities. The station is cp Sale of construction permit for unbuilt station. also authorized to operate at the indicated power or height for testing purposes. c# AM/FM combo sale. The combo price is listed with the FM station. The number following the “c” identifies the AM/FM combo involved. The AM and FM station will have the same HAAT Height Above Average Terrain for the transmitter antenna number following the “c”. d# Duopoly sale of two or more stations in the same service, either two FM’s or two AM’s. PPM Portable People Meters - electronic listening share data collec- tion device. d Distress sale dn Donation e Estimated sales price g Group sale. If a combo is involved, a number following the “g” will indicate the combo in that market. The AM and FM station will have the same number following the “g”. na No price available nc No cash consideration p Proposed sale st Transfer of stock or partnership interest sw Station swap + Plus additional considerations, (e.g., assumption of debt) Investing In Radio ® 2018. Copyright © BIA Advisory Services, LLC. Unauthorized distribution prohibited. For permission: 703-818-2425 or [email protected] Information About Investing in Radio® Ownership Report

RADIO STATIONS LISTED BY OWNER Nielsen Audio 12+ Metro Shares (see rights) Sales Main Est 2017 HAAT/ Year Date Price Digital Station Revenue Fall Summer Spring Winter Owner Market Rank Calls Freq Power Night Pwr Std Acq (000) On-Air Format (000)1/ 2017 2017 2017 2017 GAF Holdings Inc Donald Groppetti Visalia-Tulare-Hanford, CA 107 KIOO 99.7 25.00 702 72 1206 450 Clsc Rock 625 3.5 4.5 President 1 Visalia-Tulare-Hanford, CA 107 KCRZ 104.9 3.10 463 79 1106 1,800c2 CHR 325 2.8 1.6 PO Box 1431 Visalia-Tulare-Hanford, CA 107 KJUG 106.7 27.10 481 65 1106 c2 Country 2,250 5.2 7.2 Visalia, CA 93279-1431 Visalia-Tulare-Hanford, CA 107 KVMI 1270 5.00 1.00 46 1106 c2 AC 125 0.5 0.9 PH: 559-734-3333 Total for GAF Holdings Inc $3,325 # Stations: 4

Galaxie Broadcasting LLC Stuart Muck Sheboygan, WI 260 WJUB 1420 0.50 0.06 54 1712 90 Adlt Stndrd 200 1.7 1.7 Managing Member Total for Galaxie Broadcasting LLC $200 N5569 State Rd 57 Plymouth, WI 53073 PH: 920-960-0045

Galaxy Communications 4 5 8 Edward Levine Syracuse, NY 94 WTKW 99.5 5.703 338 92 1310 T Clsc Rock 3,400 2.1 3.6 4.0 2.6 President/CEO Syracuse, NY 2 94 WTKW-HD2 99.5 5.70 338 92 1310 T Sports 6 75 0.0 0.0 0.0 0.0 235 Walton St Syracuse, NY 94 WTKW-HD3 99.5 5.70 338 92 1310 T Sports 0.0 0.0 0.0 0.0 Syracuse, NY 13202-1351 Syracuse, NY 94 WTKV 105.5 4.00 397 73 1310 Clsc Rock 100 1.2 1.2 1.0 0.6 PH: 315-472-9111 Syracuse, NY 94 WKRL 100.9 6.00 164 72 1310 Rock 1,975 2.0 2.3 1.9 2.2 FAX: 315-472-1888 Syracuse, NY 94 WTLA 1200 1.00 1.00 59 1310 Sports 800 0.8 0.7 1.0 0.8 Syracuse, NY 94 WSGO 1440 1.00 0.05 60 1310 Sports 0.0 0.0 0.0 0.0 Syracuse, NY 94 WZUN 102.1 6.00 312 95 1602 1,000T Clsc Hits 1,375 3.1 4.0 3.6 2.9 Syracuse, NY 94 WZUN-HD2 102.1 6.00 312 95 1602 T Sports 25 0.0 0.0 0.0 0.0 Syracuse, NY 94 WZUN-HD3 102.1 6.00 312 95 1602 T Sports 0.0 0.0 0.0 0.0 Syracuse, NY 94 WSCP 1070 2.50 0 74 1310 Span/Sprts 0.0 0.0 0.0 0.0 Utica-Rome, NY 171 WKLL 94.9 34.00 568 90 1310 T Rock AC 800 4.7 5.0 Utica-Rome, NY 171 WKLL-HD2 94.9 34.00 568 90 1310 Variety Hit 0.0 0.0 Utica-Rome, NY 171 WIXT 1230 1.00 1.00 52 1310 Sports 0.0 0.0 Utica-Rome, NY 171 WUMX 102.5 27.00 650 82 1310 Hot AC 550 4.4 4.4 Utica-Rome, NY 171 WRNY 1350 0.50 0.06 59 1310 Sports 0.0 0.0 Utica-Rome, NY 171 WTLB 1310 2.60 0.04 46 1310 Sports 125 1.1 0.6 Fair Haven, NY WKRH 106.5 6.00 322 96 1310 10,300 Rock Total for Galaxy Communications $9,225 # Stations: 18 7

1/ See Overview for interpretation of revenue estimates. * Indicates PPM Market Investing In Radio® 2018 Copyright © 2018 BIA Advisory Services, LLC. Unauthorized distribution prohibited. (703) 818-2425 Page 193 Investing In Radio ® 2018. Copyright © BIA Advisory Services, LLC. Unauthorized distribution prohibited. For permission: 703-818-2425 or [email protected] Ownership Report Overview

1 Ownership Contact Information Sales Price: Presented in thousands, this is the estimated price paid for the station. Company Name: This is the common name of the owning entity of the stations profiled. To the right of the price you may encounter a code that signifies the type of transac- NOTE: This may not be the licensee’s name. tion (see Keys & Codes). NOTE: Because the actual sales price of a station or group may vary from the reported price, caution should be exercised with respect to the Primary Contact: Either through survey responses or from FCC documentation, this use of these data. We have attempted to include the most recent ownership transfer is the primary contact provided for this owner. Unless instructed otherwise by the activity from 1981 to a point just prior to publication. If a sale was proposed but not profiled company, BIA lists the President, CEO, Managing Partner, Chairman or approved prior to publication, the owner listed is the proposed purchaser. Due to the other top executive position. complexity of the issue, major group purchase prices are not broken out among the Address: The address of the company’s headquarters is profiled. stations purchased. Phone and Fax: We provide the primary contact’s phone and fax numbers. 5 Format The format is the specific type of programming aired by the station. Format infor- 2 Nielsen Audio Market and Rank mation is based on announcements in trade publications and direct contact with the stations through frequent telephone surveys and annual mail surveys. For a list of Market: The name of the market(s) in which the profiled company’s stations are rated. formats and the abbreviations used by BIA, see Formats for Radio Stations on the This market is defined by Nielsen Audio. An asterisk (*) in front of market name following pages. indicates it is a PPM Market. Rank: The ranking of the market by size of 12+ population based on the U.S. cen- 6 Estimated Station Revenues sus. In an effort to improve the quality of this publication, we estimate revenues for the leading stations in most markets. BIA’s revenue estimates do not include trade/bar- ter, or production revenues. We utilize direct mail surveys, telemarketing, market 3 Technical Attributes contacts and computer modeling to generate these estimates. Despite this effort, we Call Letters: Listed in order of market rank, these are the licensed call letters of the must reiterate that these are just estimates. We view these estimates, however, as commercial radio stations licensed to the owner or proposed to be sold to this owner an important element to the book and encourage station operators and owners to (signified by a “p” after the Sales Price). participate in our surveys. Frequency: The frequency from which the station broadcasts on the AM or FM 7 Owner’s Total Estimated Revenues dial. This figure is the sum of the Nielsen Audio-rated market stations’ revenues estimated Power: The power in kilowatts at which the station transmits its signal. A “cp” indi- by BIA for this owner. Please note that this figure is just an estimate and may not cated next to the station’s power signifies that a construction permit has been filed include all the radio stations licensed to this owner. Some of the owner’s stations may for approval with the FCC to change the station’s technical operations. not be rated in a designated Nielsen Audio-rated market (a “non-Metro” station) and, HAAT/Night Power: For FMs the height above average terrain of the station’s center therefore, will not be profiled here. Also, BIA does not estimate revenues for every of radiation (antenna) with respect to its surrounding terrain in feet is featured in station in a Nielsen Audio-rated market for various reasons. this column. For AM stations, the number listed is the power at which the station is licensed to transmit at night. 8 Nielsen Audio Metro Shares BIA is licensed by Nielsen Audio to provide its Total Day, Average Quarter Hour 4 Station Acquisition Information (AQH) shares for persons 12 years and older. We profile the last four ratings periods Year Std: The year the station first went on the air. to enable the reader to analyze annual trends in a station’s performance. You will notice that Nielsen Audio rates some markets 4 times per year and others only 2 times Date Acq: The date (yymm) the station was acquired by this owner. If this is a pending (Fall and Spring). sale, a “p” will follow the date.

Investing In Radio ® 2018. Copyright © BIA Advisory Services, LLC. Unauthorized distribution prohibited. For permission: 703-818-2425 or [email protected] Information About Investing in Radio® Ownership Report Formats for Radio Stations

Because some radio stations air multiple formats, abbreviations are often used for formats in the Competitive Overview section. These abbreviations may appear by themselves or combined with other format abbreviations. The abbreviations, their expansions, and the major format categories in which BIA classifies these formats are listed in the following table:

Abbreviation Short Abbrev. Full Format Name Major Format Category Abbreviation Short Abbrev. Full Format Name Major Format Category 70&80 7&8 70s & 80s Oldies Chrly Chy Charlie Adult Contemporary 70Hts 7Ht 70s Hits Oldies Kids Kds Children Miscellaneous 70sOd 70s 70s Oldies Oldies Chrst Cst Christian Religion 80&90 8&9 80s & 90s Oldies CCtmp CCt Christian Contemporary Religion 80Hts 8Ht 80s Hits Oldies Xmas Xms Christmas Seasonal 90&20 9&2 90s & 2000s Oldies ClHts CHt Classic Hits Oldies AAA AAA AAA Rock CsMOR CMR Classic MOR Middle of the Road AC AC AC Adult Contemporary ClRck CRk Classic Rock Album Oriented Rock/Classic Rock AOR AOR AOR Album Oriented Rock/Classic Rock Clscl Cls Classical Classical AdCHR ACH Adult CHR Contemporary Hit Radio/Top 40 Comdy Cdy Comedy Miscellaneous AdHts AHt Adult Hits Adult Contemporary Cntry Cty Country Country AdRck ARk Adult Rock Rock Creol Crl Creole Ethnic AdStd ASt Adult Standards Nostalgia/Big Band Cmbia Cmb Cumbia Spanish Altve Alt Alternative Rock DARK DRK DARK Dark - Not on air Amerc Amr Americana Country Dance Dnc Dance Contemporary Hit Radio/Top 40 Asian Asn Asian Ethnic DncOl DnO Dance Oldies Oldies Beach Bch Beach Oldies Divrs Dvs Diverse Miscellaneous BtfMs Btf Beautiful Music Easy Listening/Beautiful Music Easy Esy Easy Easy Listening/Beautiful Music BgBnd BBd Big Band Nostalgia/Big Band Ecltc Ecl Eclectic Miscellaneous Black Blk Black Urban Educa Edu Educational Public/Educational BkGsp BGp Black Gospel Religion Elect Etr Electronica Rock Blgrs Bgs Bluegrass Country Ethnc Eth Ethnic Ethnic Blues Blu Blues Urban Famly Fmy Family Hits Miscellaneous Bob Bob Bob Adult Contemporary Folk Flk Folk Miscellaneous BrtAC BtA Bright AC Adult Contemporary Frnch Fch French French BusNw BNw Business News News FuSvc FSv Full Service Middle of the Road CHR CHR CHR Contemporary Hit Radio/Top 40 Gospl Gsp Gospel Religion NOA NOA CP- Not On Air CP - Not On Air Greek Grk Greek Ethnic Cajun Cjn Cajun Ethnic Grupr Grp Grupero Spanish

Investing In Radio ® 2018. Copyright © BIA Advisory Services, LLC. Unauthorized distribution prohibited. For permission: 703-818-2425 or [email protected] Abbreviation Short Abbrev. Full Format Name Major Format Category Abbreviation Short Abbrev. Full Format Name Major Format Category Hwain Hwn Hawaiian Ethnic Publc Pub Public Public/Educational HpHop HHp Hip Hop Urban PubSv PbS Public Service News HotAC HtA Hot AC Adult Contemporary R&BOd R&B R&B Oldies Urban Hurbn Hur Hurban Spanish Rncha Rch Ranchera Spanish Info Inf Information Miscellaneous Regga Rga Reggae Miscellaneous Inspr Inp Inspiration Religion Regat Reg Reggaeton Spanish Intnl Int International Ethnic Relgn Rlg Religion Religion Jack Jck Jack Adult Contemporary RlgMs RMs Religious Music Religion Japns Jap Japanese Ethnic RhyBl R&B Rhythm & Blues Urban Jazz Jaz Jazz Jazz/New Age Rhymc Rym Rhythmic Contemporary Hit Radio/Top 40 Korea Krn Korean Ethnic Rock Rck Rock Rock Latno Lto Latino Spanish Rk&Rl R&R Rock & Roll Rock Lt AC LtA Lite AC Adult Contemporary RckAC RAC Rock AC Rock LtRck LRk Lite Rock Adult Contemporary Rmntc Rmn Romantic Spanish MOR MOR MOR Middle of the Road SAsan SAn South Asian Ethnic Mexcn Mex Mexican Spanish Sam Sam Sam Adult Contemporary MixAC Mix Mix AC Adult Contemporary SmJaz SJz Smooth Jazz Jazz/New Age ModAC MdA Modern AC Adult Contemporary SftAC SAC Soft AC Adult Contemporary MdRck MRk Modern Rock Rock SfHts SHt Soft Hits Adult Contemporary Motvl Mvl Motivational Talk SftRk SRk Soft Rock Adult Contemporary NAC NAC NAC Jazz/New Age SGspl SGp Southern Gospel Religion NPR NPR NPR Public/Educational Span Spn Spanish Spanish Nvajo Nvj Navajo Ethnic SpnAC SpA Spanish AC Spanish NwAge NAg New Age Jazz/New Age SpNws SpN Spanish News Spanish NwRck NRk New Rock Rock Sprts Spt Sports Sports News Nws News News Talk Tlk Talk Talk Nrtno Nrt Norteno Spanish Tejno Tej Tejano Spanish Nstlg Nst Nostalgia Nostalgia/Big Band Top40 T40 Top 40 Contemporary Hit Radio/Top 40 Oldes Old Oldies Oldies Trpcl Trp Tropical Spanish Polsh Pol Polish Ethnic Urban Urb Urban Urban Polka Pka Polka Miscellaneous UrbAC UAC Urban AC Urban Pop Pop Pop Contemporary Hit Radio/Top 40 UrCHR UCH Urban CHR Urban Portg Ptg Portuguese Ethnic UrCtp UrC Urban Contemporary Urban Pride Prd Pride Contemporary Hit Radio/Top 40 Varty Var Variety Miscellaneous Prgsv Pgv Progressive Rock VarHt VHt Variety Hits Miscellaneous

Investing In Radio ® 2018. Copyright © BIA Advisory Services, LLC. Unauthorized distribution prohibited. For permission: 703-818-2425 or [email protected]