CBS RADIO TO BRING ALL-NEWS STATION TO 99.1 FM IN WASHINGTON, D.C.
Premier Local Radio Broadcaster Presents Live News Programming
24-Hours A Day, Seven Days A Week
“El Zol” To Move To 107.9 FM Following Acquisition From Family Stations, Inc.
CBS RADIO today announced it will be launching an all-news format in January 2012 on 99.1 FM in Washington, D.C. serving residents of the metropolitan area, including Virginia and Maryland suburbs, with more local programming and information specific to its audience. The move comes as a result of an agreement to acquire 107.9 FM from Family Stations, Inc. which will serve as the home for “El Zol,” CBS RADIO’s thriving Spanish-language station. Terms of the transaction, subject to customary conditions, including regulatory and other approvals, are not being disclosed.
With more major market news stations than any other broadcaster, CBS RADIO is regarded as the foremost programmer of the locally-based format. Stations in New York, Los Angeles, Chicago, San Francisco, Philadelphia, Boston and Detroit are among the most popular in their respective markets with a total of more than 12 million listeners on a weekly basis.
“CBS RADIO’s history in all-news is rich in tradition and recognized nationwide for its excellence,” said Dan Mason, President and CEO, CBS RADIO. “There is no one more regarded in this field, nor anyone with the journalistic expertise and capability to put forth a product with such instant credibility. We have perfected this format over many decades and we’re thrilled to expand the options for the D.C. community who have a distinct passion for news.”
Added Steve Swenson, Senior Vice President and Market Manager, CBS RADIO, Washington, D.C., “Time is precious and we know listeners want information that is important to them delivered immediately and in a succinct manner. Operating under the ‘All-News All the Time’ philosophy CBS RADIO originated, listeners can count on the station to provide clarity on what’s happening in their own backyard, as well as the impact world events will have on their everyday lives.”
“El Zol” will debut on 107.9FM on Thursday, December 1 through a Local Marketing Agreement with Family Stations, Inc.
Media Venture Partners, LLC represented Family Stations, Inc. in this transaction.
About CBS RADIO
CBS RADIO, a division of CBS Corporation, is one of the largest major-market radio operators in the United States, with stations covering news, sports, talk, rock, country, Top 40, classic hits, and urban formats, among others. Reaching more than 70 million unique over-the-air listeners on a weekly basis, the division operates 129 radio stations across 28 markets, including all of the Top 10. Award-winning local personalities are instrumental to the division’s success, presenting programming that is entertaining, informative and relevant to the audience. Nick Cannon, Carson Daly, Boomer Esiason and Craig Carton, Mike Francesa, Kevin and Bean, Danny Bonaduce and Ryan Cameron are among the most popular talent on CBS RADIO stations across the country. For more information please visit www.cbsradio.com.
About Family Stations, Inc.
Family Stations, Inc. operating as Family Radio, is a nondenominational, noncommercial, nonprofit, listener-supported 24-hour Christian ministry which has agreed to sell the 107.9 FM frequency to CBS RADIO. Family’s listeners can enjoy Family’s programming on WBMD 750 kHz (AM) and WBGR kHz (AM), or at www.familyradio.com.