Townsqare Media Buys two markets from New Northwest in Washington
New Northwest will bid farewell to it's clusters in Pasco, Kennewick, Richland as well as Yakima. New owner, their competitor in both markets, Townsquare Media. This includes CMR's KXDD in Yakima and KIOK in The Tri-Cities joining the fold. Most of the properties will swap signals where needed and go into a trust. A deal you couldn't resist, 6 million bucks for 12 stations in two markets. These properties were in receivership.