Clear Channel Media and Entertainment to Buy New York's WOR News; Terms Not Disclosed

Clear Channel Media and Entertainment and Buckley Radio announced today 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 710 AM is New York's oldest radio station and one of the country's most iconic radio brands. Since its founding, WOR has had a longstanding commitment to technology and innovation; it was one of the first radio stations in America to use directional antenna to increase the scope and range of its broadcast, was the first AM radio station in New York to broadcast with HD radio technology and is one of the best radio broadcast signals in the U.S.