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  06/14/2006
TRIAD BROADCASTING ANNOUNCES SOUTH CAROLINA AREA RADIO STATION TRANSACTIONS

June 14, 2006 HILTON HEAD, SC…Triad Broadcasting Company today announced the company has entered into an agreement to purchase Paris Island’s WGZO-FM 103.1 from Zip Communications for an undisclosed sum. Triad’s Hilton Head cluster has been selling WGZO ‘The Drive’ Classic Hits under a Joint Sales Agreement since September 1, 2000.

In a related announcement the Company said that Adventure Communications, a wholly owned Triad subsidiary, has reached an agreement to sell Hilton Head Adult Alternative WWVV-FM, Modern Music-The Wave 104.9, to JB Broadcasting, LLC. JB Broadcasting is a subsidiary of Broomfield Broadcasting of South Carolina headed by John Broomfield. Broomfield Broadcasting owns two other stations in South Carolina. KALIL & CO., INC. brokered the transaction.

Comments Robert Leonard, Hilton Head Vice President/Market Manager, “We are pleased to officially welcome WGZO and its staff and talent to Triad. We also extend best wishes to our friends at WWVV-FM for continued success under their new owner.”

Both transactions were filed today with the FCC and will place Triad in compliance with current FCC ownership rules.

For further information contact Robert Leonard, (843) 785-9569.
 

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