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Compass Media Networks Acquires Yamanair Creative
RADIO ONLINE | Thursday, June 1, 2017 |
Compass Media Networks has acquired the assets of Yamanair Creative, including Cash-by-Creative and SPECByte while retaining the services of the management team including CEO & Founder Yaman Coskun. Founded in 2000, Yamanair Creative provides radio stations and groups in over 330 markets, including Alpha Media, Beasley Broadcast Group, CBS Radio, Cherry Creek Radio, Cromwell Broadcasting, Connoisseur Media, Entercom Communications, Hubbard Radio, Saga Communications, Townsquare Media, Urban One. Both services combined are responsible for over $300 million in new direct business since their respective rollouts.
"Peter Kosann is a smart and passionate visionary. We both love, respect and believe in radio. After ten years of flying solo, it was time for Yamanair to soar to new heights with the right partner. Compass Media Networks and Yamanair are a perfect match," said Founder/CEO Yaman Coskun. "Inevitably, both Compass Media Networks and Yamanair clients will benefit greatly from this merger of vision and resources."
"We welcome Yaman and his very talented team to the Compass Media Networks family with open arms," added Compass Media Networks Founder/CEO Peter Kosann. "We look forward to working with Yaman and helping him to enhance his vision of arming radio stations with awesome local creative."
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