RADIO INSIGHT — At closing Lotus will pay just $5 million in cash for the stations. The remaining $13,058,604 will come at Lotus’ choice in either cash or advertising made available to Sinclair owned properties on 21 of Lotus’ English language stations in Bakersfield, Boise, Fresno, Las Vegas, Reno, Seattle and Tucson. If Lotus sells any of those 21 stations, Lotus can transfer the obligations of that station to carry the Sinclair advertising with it.
The deal also includes a Transition Agreement allowing Lotus to utilize Sinclair’s traffic systems, IT and web services, human resources, and microwave for up to 18 months as needed for a share of the costs. The company can also sub-lease the station’s current studios during that term if needed.
New font + recent design change = looks really good!
Thanks Peter! Readability and navigation are always a concern. With the font change all pages have been broken out separately, not in a tab format, out of necessity (readability).