This is very sad news indeed: Boston Phoenix publisher Stephen Mindich has announced that WFNX Radio (101.7 FM), one of the few big-market independent rock stations in the country, is being sold to Clear Channel.
The Phoenix has posted Mindich’s email to the staff here.
I remain part of the Phoenix family, and my best wishes go out to everyone affected. Mindich has fought hard to keep his media holdings out of the clutches of corporate chain ownership. But economic conditions remain miserable.
The FCC must approve the sale.
Update: Lisa van der Pool of the Boston Business Journal has more details.