In the waning days of 2018, a newly formed entity whose principals include the man who served as SVP of Emmis Communications’ former St. Louis radio stations had just closed on its purchase of four stations serving Northern Arizona.
While Joe Schwartz, the chief executive of Cherry Creek until February 2016, was originally an investor in the operation, Stone Canyon Radio and Marketing, its been a two-person partnership with majority interest held by that St. Louis market veteran.
This will soon change. He’s shedding his interest in the stations — now that he’s settling in as the head of iHeartMedia‘s St. Louis stations.
