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Friday, April 15, 2011

Townsquare rumors about New Jersey are not going away

townsquare media Speculation continues not just at the NAB in Las Vegas, but also in New Jersey regarding the rumors of a Townsquare Media buyout of New Jersey's Millennium Radio. Friday's "Taylor on Radio-Info" says the rumor "spread around the floor of the NAB Show like a cold virus at a kindergarten." For Townsquare Media, which does not comment on merger & acquisition speculation, it would give them stations such as "New Jersey 101.5" talk/oldies WKXW-FM. Townsquare Media, in partnership with Oaktree Capital, took over Gap Broadcasting and Gap West, along with Regent Communications after it came out of Chapter 11 bankruptcy. The Radio-Info New Jersey board continues to discuss Millennium's future - Discuss it.

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