Red Zebra Buys Three D.C. Radio Stations From Clear Channel

Red Zebra Broadcasting, the broadcasting group formed by Washington, Redskins owner Dan Snyder, has agreed to buy three radio stations in Washington, D.C. from Clear Channel for undisclosed terms, several sources reported Wednesday (June 4). The stations, Sports/Talk WTEM-AM, News/Talk WTNT-AM and News/Talk WWRC-AM will bring Red Zebra’s station portfolio up to 9 stations. The company also owns three other stations in Washington, D.C. purchased in early 2006, and one station each in Richmond, Norfolk/Virginia Beach, and Hampton, Va.

Red Zebra has no immediate plans to change the formats of the three stations it is acquiring, but will evaluate its Washington, D.C. programming lineup in the coming months. The three
stations it currently operates are ESPN Radio affiliates.

“It has always been our goal to grow our company, expand our Redskins Radio footprint, while also venturing into other forms of broadcast entertainment,” said Bruce Gilber, chief executive of Red Zebra, in the Washington Business Journal.  

Clear Channel will continue to own five FM stations in Washington, D.C.