Clear Channel spins out of Charlottesville


A six-station radio super cluster is exiting the Clear Channel portfolio. George Reed's Sistema 102 LLC is the buyer for the two-AM, four-FM group located in Charlottesville VA, according to brokerage Kalil & Co., which handled the transaction. Included in the sale are WCHV-AM, WKAV-AM and WCJZ-FM, all licensed to Charlottesville, along with WCYK-FM Staunton VA, WHTE-FM Ruckersville VA and WSUH-FM Crozet. The price was not immediately available.