Home Login RADIO ONLINE RSS Facebook
Find Radio Online
AM FM HD

Advertisement

Alpha Media to Purchase Digity Radio Stations


Alpha Media has agreed to acquire 116 stations in 26 markets from Digity LLC, including outlets in West Palm Beach, San Jose, Canton OH, Saginaw MI, Myrtle Beach SC, Lincoln NE, North Dallas TX and Greenville NC along with its host of suburban markets around Chicago and clusters in South Dakota, Minnesota and Missouri. When all pending deals are completed and added to Alpha's 135 outlets, it will bring the total number of stations to 251.

Alpha Media Chairman Larry Wilson said, "We are extremely pleased to be acquiring from exceptional operators and management who truly understand radio. Dean and his team have done a tremendous job with these stations. They will be a great addition to our live and local vision across the country."

Digity Companies CEO Digity Companies Dean Goodman added, "Larry Wilson and I have a shared vision for the radio renaissance in progress now. Live, local media centers involved in everything digital, events and most important radio totally involved with the community. This fostered in an employee environment of collaboration, transparency and innovation. I am honored to have worked with the great broadcasters at Digity and the dynamic growth they've created. Digity and Alpha are a perfect match."

George Reed of Media Services Group is the broker for Alpha Media, while Piper Jaffray served as advisor to Alpha Media and RBC Capital Markets LLC served as financial advisor to Digity Media.

Advertisement

Latest Radio Stories

AWMF Unveils 49th Annual Gracie Awards Winners
Gracies
Gracies
The Alliance for Women in Media Foundation (AWMF) has announced winners of the 49th Annual Gracie Awards. The Gracies celebrate outstanding achievements in media dedicated to women, by women, and about women across diverse platforms in news and More

Study: Core Commercial Radio Fans Weigh in on AI
Jacobs Media
Jacobs Media
The big story in broadcast radio and all of media is the impact of Artificial Intelligence. In the past year, much has been said and written about how radio broadcasters -- from management to talent -- feel about this burgeoning technology. But now More

Listening to Podcasts and Online Audio Hit New Highs
The Infinite Dial
The Infinite Dial
The portion of Americans who listen to any kind of online audio, and the portion who listen to podcasts, have both reached new record highs, according to The Infinite Dial an annual survey from Edison Research with support from Audacy, Cumulus Media More
Advertisement

iHM Announces Partnership Extension with D.C. United
D.C. United
D.C. United
iHeartMedia/Washington, DC inks an extension to its partnership agreement with D.C. United to deliver local radio broadcast for all of the club's 2024 Major League Soccer regular season matches, effective through the end of the 2024 season. As part More

CMN Promotes Robert Blum, Tyler Brewer & Chris Kleiber
Compass Media Networks
Compass Media Networks
Compass Media Networks promotes three-long-standing executives, Robert Blum, Tyler Brewer and Chris Kleiber, who will collectively oversee the content creation, production and distribution of the company's play-by-play sports platform. The More

Matt Pinfield Joins The SoCal Sound for Afternoons
Matt Pinfield
Matt Pinfield
Veteran air talent and television host Matt Pinfield is joining KCSN-FM (88.5 FM The SoCal Sound) in Los Angeles as AAA outlet's new afternoon host from 2-6pm. The music personality fills the spot left open by Andy Chanley, who announced earlier More

Return to Menu

Advertisement

Subscribe to our Newsletter
Radio news and headlines delivered right to your e-mail box -- and it's free.

Quick Snaps
Benztown: Benztown was at Radiodays Europe 2024, which was held in Munich on March 17-19th. Benztown hosted a well-attended party for customers and partners during Radiodays Europe 2024 on Monday, March 18. Pictured is a traditional Volksmusik band performed for Benztown party attendees at Munich's Augustiner-Keller restaurant. In front in black shirt raising a glass is Oliver Klenk, Head of Production & Composition, and to his right, also in black shirt, is Stephan Halfpap, General Manager, Maxmedia, Austria.

Advertisement

Advertisement