New York Times Co. raises $45 million with sale of radio station

15 Jul 2009

WQXR-FM, the only classical radio station in New York City, is being sold by The New York Times Co. in a complicated $45 million deal that will generate cash for the publishing company. The sale, announced today, is expected to close&nbs

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Sharon Hill

Sharon Hill has been a senior writer / analyst with the AIM Group since 2004, except for a two-year time-out to serve as sales and marketing manager for Suburban Newspapers of America. She worked at newspapers in California, the Carolinas and Indiana as a classified advertising sales supervisor and manager, and in newspaper circulation in Alaska. At the SNA, she was responsible for bringing in new members; lining up exhibitors, and helping develop programs for the classified conference and the classified alliance. She is also co-author of “Implementing and Managing Telework: A Guide for those who make it Happen” (Praeger Press) and a prolific blogger and social media user. She is based in Phoenix.