And Now, We Pause For Station Re IdentificationRichard A. Melcher and Stephanie Anderson Forest
Growing up in Newark, N.J., Steven Dinetz was a fan of the radio station known today as WHTZ-FM. Now, the station fan wants to become station owner: Dinetz, CEO of Chancellor Broadcasting Co., in early August bid $395 million to add Z-100 and 18 other stations owned by Shamrock Broadcasting Inc. to his stable. Not bad for a company less than two years old. Stay tuned, says Dinetz, for a flurry gf similar deals throughout the industry. The Chancellor-Shamrock merger is "just the tip of the iceberg."
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