- The Washington Times - Friday, January 20, 2006

THE WASHINGTON TIMES

Washington Redskins owner Daniel Snyder yesterday completed the long-rumored purchase of three local Spanish-language radio stations to be the future home of Redskins radio.

Red Zebra Broadcasting, Mr. Snyder’s newest business venture, announced the purchase of WBPS-FM 94.3, WBZS-FM 92.7 and WKDL-AM 730 from Orlando, Fla.-based Mega Communications LLC.

Bennett Zier, a longtime Clear Channel executive who left the company last week to become Red Zebra’s chief executive, said the deal was “the first of many acquisitions for Red Zebra Broadcasting — we are in the buying business.”

Format and programming changes on the three stations will be made in the near future, according to the company. Financial terms were not disclosed, but Billboard Radio Monitor reported the sale price at $33 million.

Red Zebra Broadcasting will manage the Redskins’ broadcast rights starting with the 2006 season. The Ashburn, Va., company will identify, buy and run radio, television and Internet properties.

— Dan Caterinicchia


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