Home / Sports / Daniel Snyder sells WTEM-AM, taking Redskins out of radio business

Daniel Snyder sells WTEM-AM, taking Redskins out of radio business

After dropping his smaller radio stations over the last 13 months, Washington Redskins proprietor Daniel Snyder is getting out of the radio trade totally. Snyder introduced Monday he has offered his flagship belongings, WTEM-AM, to media conglomerate City One.

WTEM, which used to be not too long ago rebranded The Group 980, will proceed to broadcast Redskins video games and the pregame and postgame presentations after the sale to City One is entire, in keeping with Terry Bateman, chairman of Snyder-owned Pink Zebra Broadcasting.

“They’ve accomplished rather well with sports activities discuss in Richmond and are curious about doing sports activities discuss in Washington,” Bateman mentioned in a phone interview.

City One, which is primarily based in Silver Spring, is the rustic’s biggest African American-owned broadcast media corporate.

Jeffrey Wilson, senior regional vice chairman for City One, mentioned the corporate wasn’t ready to speak about plans for explicit personalities or presentations. However Wilson affirmed a dedication to sports activities programming.

“We like the speculation of a recreation radio structure, the place the lovers are so passionately engaged — a lot more than with different codecs,” Wilson mentioned in a phone interview. “This marriage is made in heaven. It brings top class price. It brings the easiest synergy. We see sports activities and concrete [radio] as a herbal marriage.”

Alfred Liggins, president and CEO of City One, wired continuity, noting that the station would nonetheless be in the neighborhood owned and alluding to a venture of long run sports activities programming. “Pink Zebra has a observe document of manufacturing nice programming that engages our place of origin sports activities lovers,” he mentioned in a observation. “We stay up for operating with the Washington Redskins group to proceed this custom.”

It’s unclear whether or not the station’s in style drive-time sports-talk program, co-hosted by way of former Redskins tight finish Chris Cooley and broadcaster Kevin Sheehan, will proceed beneath the brand new possession. This system airs Monday via Friday from 7-11 a.m.

The station’s present lineup additionally comprises former Redskins Rick “Document” Walker and Brian Mitchell, along with Cooley; Bram Weinstein, Al Galdi, Steve Czaban and Scott Jackson.

Along with Redskins video games, WTEM carries Baltimore Orioles video games, College of Maryland and College of Virginia sports activities occasions and high-profile nationwide video games, together with the Global Collection and NBA Finals.

WTEM’s custom in sports-talk radio dates again to 1992. The station has given voice to such famous broadcasters as James Brown, the past due Ken Beatrice, Tony Kornheiser and previous Georgetown basketball trainer John Thompson. With Pink Zebra’s acquire of WTEM in 2008, Redskins soccer returned to the community, and the station relocated to Rockville.

The station used to be the general preserving in Snyder’s Pink Zebra corporate, which can be liquidated after the sale is finalized. With it, Snyder’s transient and it seems that pricey foray into radio broadcasting will come to an finish.

In keeping with one particular person with wisdom of Snyder’s pondering, two components drove his resolution to dismantle his radio community:

One, a want to focal point extra consideration at the Redskins, who’ve posted simply six successful seasons in his 19 years as proprietor — specifically as Snyder seeks to drum up fan and civic fortify for building of a brand new stadium after the rent on FedEx Box expires in 2027.

Two, an incapability to show the stations right into a benefit heart, in spite of competitive adjustments in WTEM’s structure lately.

Radio isn’t the one trade Snyder has waded into over the last 13 years. In 2005 he purchased a stake within the Six Flags amusement-park operator and, after taking regulate, noticed it claim chapter in 2009. In 2007, he purchased Dick Clark Productions and the Johnny Rockets fast-food chain, best to promote them in 2012 and 2013, respectively.

The sale of WTEM isn’t the primary deal Snyder has accomplished with City One. In April 2017, he offered two of his 4 radio stations — Washington’s WWXT (92.7 FM) and Richmond’s WXGI (950 AM) — to Radio One, Inc., which is referred to now as City One.

In Would possibly 2017, he offered WSPZ (570 AM). Additionally final summer time, Pink Zebra introduced a care for WMAL, the FM station that has a a long way broader succeed in than WTEM, to air Redskins video games on 105.nine FM and 630 AM.

“I believe City One will do a really perfect process of growing this structure,” Bateman mentioned. “I believe it’s a win for everyone concerned — for the Redskins, for City One and the lovers.”

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