Clear Channel gets 80% of Arcara. (Clear Channel Communications Inc.; Radio Enterprises Inc. head James Arcara)(Brief Article)

Broadcasting & Cable, September, 1996 by Rathbun, Elizabeth A.

Clear Channel Communications Inc. is 80% owner of Radio Enterprises Inc., the new company headed by former Capital Cities/ABC Radio president James Arcara and his son David. When the partnership was announced in August, the ownership breakdown was not divulged (B&C, Aug. 5).

David Arcara's DJA Media Inc. is paying $1 million for a 20% interest in Radio Enterprises, according to documents recently filed with the FCC. James Arcara has been named chairman of the new company; David Arcara is president. The three other directors are Clear Channel President Lowry Mays and his sons Mark and Randall Mays.

Schenectady, N.Y.-based Radio Enterprises owns WZRQ(FM) Ballston Spa/Schenectady/Albany, N.Y. It is buying WQBK-AM-FM Rensselaer/Albany and WQBJ(FM)...

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