Lotus Grabs Sinclair’s Seattle Radio Properties


In the wee hours of Thursday morning, one of the most significant radio industry transactions of the past six months was announced.

It involves assets in major markets, and will see of one of the nation’s biggest broadcast media companies now focus on their broadcast TV and regional sports network assets.

Sinclair Broadcast Group‘s AMs and FMs in Seattle, once the heart of Fisher Communications, have been sold to Lotus Communications.

It’s a deal that’s three months in the making, and not for the reasons one may believe.

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