When the Feds decided to destroy Howard Hughes, the Buckley family of Connecticut lucked out that WOR-AM had to be divested, but none of the big guys were allowed to buy it because they already owned an AM station in New York City.<\/p>\n
About two years ago, old man Buckley died. In fairly short order, WOR was sold to Clear Channel. Today’s news is that all the Buckley stations in Connecticut have been sold to another Connecticut based radio company.<\/p>\n
That leaves only a handful of stations in California that I think were being run by one of the Buckley daughters. More than likely, they’ll be sold soon and the third generation will be rid of their legacy. Since it is a public company, we won’t know – but likely most of the proceeds are going to banks to pay off debt<\/p>\n","protected":false},"excerpt":{"rendered":"
When the Feds decided to destroy Howard Hughes, the Buckley family of Connecticut lucked out that WOR-AM had to be divested, but none of the big guys were allowed to buy it because they already owned an AM station in … Continue reading