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WTEM, meanwhile, maintained its status as the most popular sports station in Washington, buoyed by its larger 50,000 watt signal. (The station drops to 5,000 watts at night.)

Red Zebra Broadcasting is part of a growing roster of companies controlled by Snyder. In 2005, he became chairman of the board of theme park operator Six Flags Inc. Last year, his RedZone Capital investment firm bought the Johnny Rockets restaurant chain and Dick Clark Productions.