Gap Broadcasting Group was a group of companies that owned around 116 broadcast stations (including 1 low-power television station and 5 low-power stations) in 23 radio markets in northwestern and central southern United States in the late 2000s. 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]