Clear Channel Media and Entertainment and Buckley Radio announce that Clear Channel is purchasing AM radio station WOR 710 from Buckley Broadcasting Corporation, pending FCC approval. Terms of the agreement were not disclosed. Founded in 1922, WOR is New York's oldest radio station. It also was one of the first radio stations in America to use directional antenna to increase the scope and range of its broadcast, and it was the first AM radio station in New York to broadcast with HD radio technology.
"WOR is an iconic New York City brand with a rich history and an exciting future," said Clear Channel Media and Entertainment Chairman and CEO John Hogan. "Clear Channel is excited to add WOR as a powerful, high potential complement to our New York brands. We believe WOR makes our already incredible platform even more interesting for listeners, advertisers, and strategic partners and we look forward to the tremendous potential WOR adds to Clear Channel Media and Entertainment New York."
"For more than 23 years, Buckley Radio has been the steward of one of the most legendary radio stations in broadcasting history and I would like to sincerely thank all of the wonderful people who devoted their time, energy and efforts over the years to WOR Radio," stated Buckley Radio President and CEO Joseph Bilotta. "By passing the baton to Clear Channel Media and Entertainment, WOR listeners, advertisers and employees will gain access to the unparalleled resources of a worldwide, multi-dimensional media and entertainment company. We have had a great run with WOR and could not be more confident that it is poised for another great run as part of the Clear Channel Media and Entertainment team."