More than half of the top 25 radio stations in Chicago were soldor put on the block in 2006, marking an unprecedented ownershipturnover in a single year. Among the biggest deals were thoseinvolving Clear Channel Radio (which owns seven stations here),Univision Communications (which owns five here) and ABC Radio(shifting two of its four here). All three deals are expected to befinalized in 2007.
Emmis Communications, which owns two stations here, attempted togo private but withdrew its plans for now. Tribune Co. is shoppingits media assets, including its sole radio station, news/talk WGN-AM (720).
All of this turnover comes at a time when consolidation …
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