Aloha Station Trust, LLC is a privately owned trust company that owns radio and television stations previously owned by Clear Channel Communications.
With the buyout in 2007, Clear Channel solf off media outlets to comply with FCC ownership limits that will no longer be grandfathered to them. Many stations agreed to be sold, or have been sold, to companies like Frequency License LLC, Providence Equity Partners, Cumulus Media, Blue Point Media and Santa Barbara Community Broadcasting. Jeanette Tully, a director of Journal Communications Inc., is serving as the sole member of the trust. In 2011 they attempt to purchase some 100 radio station in a $19 billion deal.[1]
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