Skip to primary navigation Skip to main content

Growing local, the Statler saga, and a radio megadeal?

From Business Today:

Joel Salatin is a prominent figure in the "farm-to-table" movement, which tries to connect local farmers with local customers, like restaurants and food buyers. On Monday he brought his message to a conference put on by Field & Fork Network, a local nonprofit that shares his vision. The Virginia farmer mixes humorous quips with his passionate pitch for creating a local food system, making him popular on the speaking circuit.

Mark D. Croce's effort to buy the Statler Towers continues, and a judge in the Statler bankruptcy case is due to receive a progress report on Tuesday.

Croce

 He has previously said he would like to close the deal in late March. Lately he has been seeking waivers from government agencies related to unpaid taxes on the Statler. The waivers wouldn't wipe out the unpaid taxes; instead, the agencies would agree to not pursue the money from the Statler bankruptcy estate. Instead, the taxes would remain in place against the property itself, and would have to be paid by the buyer.

Still interested in buying the property is Long Island-based Uri Kaufman, who plans to attend the Tuesday hearing.

Citadel Broadcasting Corp., which owns and operates four Buffalo-area radio stations, is in talks to be acquired by a bigger rival, Cumulus Media, in a megadeal. Citadel's local holdings include WEDG 103.3 the Edge, WGRF-FM 97 Rock, WHTT-FM Classic Hits 104.1 and WHLD-AM Swing 1270 AM.

Speaking of radio...

 

 

 

-- Matt Glynn

comments powered by Disqus