Q101, The Loop sold to… Randy Michaels?

The Court Jester rides again. In a move that took everyone by surprise, Emmis Communications sold controlling interest in WLUP-FM (The Loop) and WKQX-FM (Q101) and a New York City station (WRXP-FM) to a constroium headed by former Tribune Co. CEO Randy Michaels and Chicago-based equity group investement group GTCR, Inc.  The news was first reported yesterday as a tip […]