By any measure, the prices commanded for radio properties have been plunging.

Meanwhile, minority broadcasters contend the move would drive up prices of radio properties, making it impossible to "trade up" to bigger stations.

WCPA was the first of three radio properties once owned by Progressive Publishing, first going on the air back in 1947.

The transfer fetched $16 million, a record price for radio properties at that time.

Evanov actively seeks new markets across Canada to establish radio properties for underserved demographics.

With its national prominence as a clear channel giant established, WTAM became a valuable radio property.

Analysts yesterday put the value of Inner City's radio properties at about $90 million and its stake in the cable business at about $10 million.

At the time, Paxson Communications owned a large number of radio properties and was the largest owner of TV stations in the country.

Shortly thereafter, the newspaper, wanting to focus more on its publishing divisions, put the two radio properties on the market.

When deregulation liberalized radio ownership rules SMG began pursuing additional radio properties.