Ackerley Group

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American media company (1975–2002)

title: "Ackerley Group" type: doc version: 1 created: 2026-02-28 author: "Wikipedia contributors" status: active scope: public tags: ["defunct-broadcasting-companies-of-the-united-states", "iheartmedia", "defunct-companies-based-in-seattle", "mass-media-companies-established-in-1975", "1975-establishments-in-washington-(state)", "mass-media-companies-disestablished-in-2002", "2002-disestablishments-in-washington-(state)", "2002-mergers-and-acquisitions", "companies-formerly-listed-on-the-new-york-stock-exchange"] description: "American media company (1975–2002)" topic_path: "geography/united-states" source: "https://en.wikipedia.org/wiki/Ackerley_Group" license: "CC BY-SA 4.0" wikipedia_page_id: 0 wikipedia_revision_id: 0

::summary American media company (1975–2002) ::

::data[format=table title="Infobox company"]

Field	Value
name	The Ackerley Group
logo	The Ackerley Group.svg
type	Public
industry	Broadcasting, Media
fate	Merged with Clear Channel Communications
successor	Clear Channel Communications
foundation
founder	Barry Ackerley
defunct
location	Seattle, Washington
products	Television
::

|name=The Ackerley Group |logo=The Ackerley Group.svg |type=Public |industry=Broadcasting, Media |fate=Merged with Clear Channel Communications |successor=Clear Channel Communications |foundation= |founder=Barry Ackerley |defunct= |location=Seattle, Washington |products=Television |}} The Ackerley Group was an American media company founded by businessman Barry Ackerley that owned and operated several radio stations in Seattle, Washington, as well as television stations across the United States (primarily in New York and California, as well as one in Fairbanks, Alaska). The company also owned the NBA Seattle SuperSonics and WNBA Seattle Storm professional basketball teams. The Ackerley Group was sold to Clear Channel Communications (now iHeartMedia) in 2002.

Ackerley announced its sale to Clear Channel Communications on October 8, 2001; the merger was completed on June 14, 2002. At the time of the closure of the transaction, the sale price was reported to be 38 times cashflow (approximately $1.1B USD), the highest ever sale valuation for a North American publicly traded media company in the history of the NYSE. The record setting high price tag was attributed to the overwhelming market monopoly position of the Ackerley Group's Out of Home Media (billboards) marketplace in the Washington, Oregon, Massachusetts and South Florida media markets- all areas where Clear Channel was devoid of inventory. Barry Ackerley and his immediate family owned approximately 82% of the company stock at the time of the sale.

Former stations

Stations are arranged in alphabetical order by state and city of license.

::data[format=table title="Stations owned by the Ackerley Group"]

Media market	State	Station	Purchased
Fairbanks	Alaska	1999	2002
Bakersfield	California	1983	2002
Eureka	1998	2000
Fresno	2000	2002
Salinas–Monterey	1986	2000
2000	2002
Santa Barbara	1999	2002
San Francisco–Oakland	1996	2002
Colorado Springs–Pueblo	Colorado	1983	1999
Binghamton	New York	1998	2002
2000	2002
Elmira	2000	2002
Rochester	1999	2002
Syracuse	1982	2002
Utica	1997	2002
Watertown	2000	2002
Eugene–Springfield	Oregon	1999	2002
Bellingham	Washington	1985	2002
::

References

[https://www.warc.com/News/TopNews.asp?ID=11575 FCC approves Clear Channel (now known as iHeartMedia) purchase of Ackerley Group]
(October 8, 2001). "Ackerley selling out". [[Seattle Post-Intelligencer]].
(June 14, 2002). "Clear Channel completes merger with Ackerley Group". [[San Antonio Business Journal]].

::callout[type=info title="Wikipedia Source"] This article was imported from Wikipedia and is available under the Creative Commons Attribution-ShareAlike 4.0 License. Content has been adapted to SurfDoc format. Original contributors can be found on the article history page. ::