Press Release regarding WHER (FM), Laurel-Hattiesburg, MS

Clear Channel Broadcasting, Inc. and the Aloha Station Trust LLC have entered into an agreement to sell radio station WHER (FM) serving the Laurel-Hattiesburg, MS radio market to TeleSouth Communications, Inc.

WHER (FM) is licensed to Heidelberg, MS and operates on 99.3 mhz.

Media Venture Partners, LLC represented Clear Channel Broadcasting and the Aloha Station Trust in this transaction.  Fowler Media Consulting, LLC represented TeleSouth Communications.

About Media Venture Partners, LLC

Media Venture Partners (MVP) Provides strategic counsel and financial services, mergers/acquisitions, private equity/debt raises, financial, valuations and appraisals, Media Venture Partners has completed over $30 billion in transactions and focuses on clients in the media, telecom, technology and datacenter industries.  Founded in 1987, MVP has offices in San Francisco, Boston, Boulder and Kansas City.   www.mediaventurepartners.com