Managed by Oaktree Capital Management, the group acquired mainly stations from Clear Channel Communications (now iHeartMedia as of late 2014) in the mid-sized radio markets that Clear Channel was exiting.
[1] All Gap Broadcasting Group stations were acquired by Oaktree's Townsquare Media in August 2010.
[2] As of May 2010, just before being acquired by Townsquare, Gap Broadcasting Group owned the following stations:[4] Gap Central also owned low-power television station KJEF-CA at Jennings, Louisiana (Facility ID 53643).
It was also in the process of acquiring KTXN-FM at Victoria, Texas (Facility ID 13984), which it programmed under a local marketing agreement.
GapWest programmed station KLMI at Rock River, Wyoming (Facility ID 164207) under a local marketing agreement.