INSIDERADIO.COM – Barnstable sells to Connoisseur
A year and a half after selling half its Long Island market stations to JVC Media, Barnstable Broadcasting has struck a $23 million deal to sell its remaining four stations to Connoisseur Media. Al Kaneb-led Barnstable first entered the Long Island market in 1984.
“We are so excited to have the privilege of continuing the legacy of service that Barnstable has created on Long Island,” Connoisseur CEO Jeffrey Warshaw says, adding, “I was raised on Long Island and grew up listening to these stations.” Today Connoisseur is based across the Long Island Sound in Westport, CT.
The cluster includes AC “K-Joy 98.3” WKJY, classic hits “B-103” WBZO (103.1), adult hits “94X” WIGX (94.3) and adult standards WHLI (1100).
“We are grateful to our dedicated employees, who together with we have achieved so many years of success on Long Island, and we are happy to be passing the torch to a committed broadcaster like Connoisseur,” Kaneb says.
General manager Dave Widmer says, “It has been a tremendous run with Barnstable. We have been able to provide great service to the community and our advertisers. I look forward to continuing this in the future with Connoisseur.”
Kalil & Co. and Bergner & Co. were the brokers on the deal.
Link to the original article here.