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Friday, November 8, 2024
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John Catsimatidis: Red Apple Media ‘Buying Another Radio Station Soon’

New York billionaire John Catsimatidis has resurrected 77 WABC into a talk radio power under his tutelage. And it appears as if his Red Apple Media company may be on the precipice of adding another radio station to its holdings.

While appearing on Sid and Friends in the Morning Monday, Catsimatidis addressed the recent decision by the station to suspend and ultimately cancel the weekday afternoon program helmed by former New York Mayor Rudy Giuliani.

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When asked by Sid Rosenberg if Catsimatidis could envision working with Giuliani again, the billionaire wouldn’t close that book but added an interesting tidbit.

“Anything is possible. We’re buying another station soon. We have a letter of intent that’s been sent out. So anything’s possible,” Catsimatidis said. “Never say never.”

The billionaire officially took over 77 WABC on March 1st, 2020 after purchasing the station from Cumulus Media. In addition to the venerable New York news/talk station, the company also owns 107.1 Talk Radio WLIR, which is licensed to Hampton Bays, New York on Long Island.

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