Infinity Broadcasting Acquires WMFS-FM in Memphis, Tennessee

Apr 30, 2001, 01:00 ET from Infinity Broadcasting

    NEW YORK, April 30 /PRNewswire/ -- Infinity Broadcasting today announced
 that it has agreed to purchase Memphis radio station WMFS-FM from Julie Belz
 for $7.2 million.
     "WMFS is another outstanding addition to our growing portfolio of top
 50 market radio stations," said Dan Mason, Infinity Radio President.  "WMFS is
 a terrific complement to our recently acquired stations in this growing
 market."
     WMFS-FM joins Infinity Broadcasting's WMC-AM and WMC-FM in Memphis, both
 of which were acquired in July 2000.
     The transaction is subject to customary regulatory approvals.
     Infinity Broadcasting operates over 180 radio stations, as well as
 Infinity Outdoor and TDI, the Company's outdoor advertising businesses.
 Infinity also manages and holds an equity position in Westwood One, Inc.
 Infinity Broadcasting is a division of Viacom Inc.
 
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SOURCE Infinity Broadcasting
    NEW YORK, April 30 /PRNewswire/ -- Infinity Broadcasting today announced
 that it has agreed to purchase Memphis radio station WMFS-FM from Julie Belz
 for $7.2 million.
     "WMFS is another outstanding addition to our growing portfolio of top
 50 market radio stations," said Dan Mason, Infinity Radio President.  "WMFS is
 a terrific complement to our recently acquired stations in this growing
 market."
     WMFS-FM joins Infinity Broadcasting's WMC-AM and WMC-FM in Memphis, both
 of which were acquired in July 2000.
     The transaction is subject to customary regulatory approvals.
     Infinity Broadcasting operates over 180 radio stations, as well as
 Infinity Outdoor and TDI, the Company's outdoor advertising businesses.
 Infinity also manages and holds an equity position in Westwood One, Inc.
 Infinity Broadcasting is a division of Viacom Inc.
 
                     MAKE YOUR OPINION COUNT -- Click Here
                http://tbutton.prnewswire.com/prn/11690X93112478
 
 SOURCE  Infinity Broadcasting