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Hubbard Broadcasting expands radio holdings

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St. Paul-based Hubbard Broadcasting will buy 10 radio stations located in Phoenix and Seattle.

The Star Tribune reports that the purchase of the Sandusky Radio properties, valued at $85.5 million, will make Hubbard Broadcasting the country’s No. 8 radio chain. Two years ago, Hubbard purchased 17 stations in a $505 million deal.

When the new deal closes, Hubbard will own 30 stations nationally. The purchase of the family-owned Sandusky Radio stations is contingent upon approval by the Federal Communications Commission.

In the Twin Cities, Hubbard owns KSTP (1500 AM), KS95-FM and MyTalk 107.1-FM.

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Broadcasting Industry News from the Minnesota Broadcasters Association

Broadcasting Industry News from the Minnesota Broadcasters Association

Broadcasting Industry News from the Minnesota Broadcasters Association

Broadcasting Industry News from the Minnesota Broadcasters Association