Aloha Station Trust, LLC was a privately owned trust company that owned radio and television stations previously owned by Clear Channel Communications (as of September 16, 2014, the radio division is now known as iHeartMedia, Inc.). With the buyout in 2007, Clear Channel sold off media outlets to comply with FCC ownership limits that would no longer be grandfathered to them. Many stations agreed to be sold, or have been sold, to companies like , Providence Equity Partners, Cumulus Media, and . In 2011, they attempted to purchase some 100 radio stations in a $19 billion deal.