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In a commentary today, National Association of Black Owned Broadcasters Executive Director Jim Winston specifically targeted the recent sale of WBLS and WLIB from YMF Media to Emmis. "The refusal of station owners to sell to African American buyers continues to wreak havoc upon the African American community. In the latest development, YMF Media has sold WBLS and WLIB ? the flagship stations of Inner City Broadcasting Corporation?s former radio group ? to Emmis Communications. This means that, of the 17 stations previously owned by Inner City, none have been sold to African American-owned companies. Moreover, potential African American buyers report that offers comparable to the Emmis offer were rejected."
Winston's commentary went on to say that this reflects a lack of concern on the part of YMF and other station sellers to keep ownership of stations previously owned by African Americans in the African American community. "It also reflects a lack of policies in place at the FCC to encourage station sellers to sell stations to companies owned by African Americans."
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