Like WCDD-FM 107.9

announced 12/30/2020 via BNC Analysis

Educational Media Foundation, Inc., will acquire WCDD-FM 107.9

See 176 Comparable Transactions
synopsis: Education Media Foundation, an American nonprofit Christian media ministry, is acquiring WCDD Country 107.9, a radio station broadcasting a country music format. It is licensed to Canton, Illinois and serves the Peoria radio market. Their sister station, WBYS, broadcasts St. Louis Cardinal baseball.
buyer: Educational Media Foundation, Inc.
Education Media Foundation is a radio broadcasting company that owns the Adult Contemporary Christian formatted K-LOVE Network and the Christian Pop Music Air 1 Radio Network. Their mission is to communicate the Gospel message through contemporary Christian music and short educational elements. "
 target: WCDD-FM 107.9
WCDD (107.9 MHz FM, CD Country 107.9) is a radio station broadcasting a country music format. It is licensed to Canton, Illinois and serves the Peoria radio market. Their sister station, WBYS, broadcasts St. Louis Cardinal baseball.
price ($mm)
$0.17
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announced 7/22/2020 via BNC Analysis

Acadia Broadcasting, Ltd., will acquire CKHZ-FM and CKHY-FM

See 140 Comparable Transactions
synopsis: Acadia Broadcasting Limited has entered into a letter of intent to purchase two Halifax radio stations, CKHZ-FM and CKHY-FM. CKHZ-FM, 103.5 FM, "Hot Country 103.5", broadcasts a country music format. CKHY-FM broadcasts a soft adult contemporary format branded as Jewel 105.
buyer parent: Ocean Capital
buyer: Acadia Broadcasting, Ltd.
Acadia Broadcasting Limited is a commercial radio broadcasting company with its headquarters located on historic King Street in Saint John, New Brunswick, Canada. "
 target parent: Evanov Communications
target: CKHZ-FM and CKHY-FM
CKHZ-FM and CKHY-FM are two local radio stations based in Halifax, Nova Scotia, Canada. CKHZ-FM, 103.5 FM, "Hot Country 103.5", broadcasts a country music format. CKHY-FM broadcasts a soft adult contemporary format branded as Jewel 105.
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closed 7/10/2019 via BNC Analysis

Byrne Acquisition Group, LLC, purchased Seven Radio Stations from First Media Radio

See 176 Comparable Transactions
synopsis: Byrne Acquisition Group, a owner and operator of a low-power television broadcast station, has acquired seven radio stations from First Media Radio. The seven radio stations located in North Carolina and Virginia broadcast in sport and music formats. The stations include Magic 97.9 WTRG, Earl 98.3 WDLZ, and more.
buyer: Byrne Acquisition Group, LLC
Byrne Acquisition Group owns and operates WHHI-TV, a Hilton Head, SC low-power television broadcast station. WHHI-TV is the number one hyper-local television broadcasting station in the lowcountry. WHHI-TV provides local viewers with the best local television and content. "
 seller: First Media Radio
Frist Media Radio's 7 radio stations include Magic 97.9 WTRG, Earl 98.3 WDLZ, 99.5 Jamz WYTT, Maverick 102.3 WPTM, 107.7 Lake-FM WWDW, Sports Radio 1400 1080 WWDR and 1400 WSMY. The North Carolina and Virginia stations broadcast in sport and music formats.
price ($mm)
$3.40
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announced 6/5/2019 via BNC Analysis

Big Radio, will purchase WCLO-AM and WJVL-FM from Bliss Communications, Inc.

See 140 Comparable Transactions
synopsis: Big Radio, an owner and operator of radio stations, will acquire WCLO-AM and WJVL-FM from Bliss Communications, a company that owns and operates newspapers, radio stations and websites. WJVL-FM is a country music radio station. WCLO-AM is a talk radio station. Both stations are licensed to the Janesville, Wisconsin area.
buyer: Big Radio
Big Radio owns and operates 8 local radio stations in Wisconsin and Illinois. Their stations offer classical, rock, country, 90s music. Big Radio's news team provides local news 7 days per week, 365 days a year. Their stations include The Big FM 93.7, Big Country AM1260, Big Rock Q102 and more. "
 seller: Bliss Communications, Inc.
WJVL-FM is a country music radio station. WCLO-AM is a talk radio station. Both stations are licensed to the Janesville, Wisconsin area and belong to Bliss Communications, a company that owns and operates newspapers, radio stations and websites.
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announced 5/15/2019 via Company Press Release

Stingray Digital Media Group, will acquire CIXL-FM and CKYY-FM

See 140 Comparable Transactions
synopsis: Stingray Group Inc. announced that its wholly-owned subsidiary, Stingray Radio Inc., has entered into an agreement to acquire the assets of CIXL-FM (Giant FM) and CKYY-FM (Country 89) in Welland, Ontario, from Wellport Broadcasting Limited/RB Communications Ltd. Giant FM broadcasts a classic rock format, and Country 89 broadcasts country music.
buyer: Stingray Digital Media Group (TSX:RAY.A:$222.24)
Stingray Digital Media Group is the world-leading provider of multi-platform music and video services as well as digital experiences for pay TV operators, commercial establishments, OTT providers, mobile operators, consumers, and more. "
 target: CIXL-FM and CKYY-FM
CIXL-FM (Giant FM) and CKYY-FM (Country 89) are sister radio stations based out of Welland, Ontario, Canada. Giant FM broadcasts a classic rock format, and Country 89 broadcasts country music.
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announced 2/8/2019 via BNC Analysis

Forever Media Inc., will acquire Delmarva Broadcasting Company

See 203 Comparable Transactions
synopsis: Forever Media, an owner and operator of radio stations, will acquire Delmarva Broadcasting Company (DBC) from Steinman Communications, an innovative, multi-channel communications company. DBC owns and operates nine radio stations. DBC operates pop music, country music, gospel music, news radio, talk radio, and sports stations.
buyer: Forever Media Inc.
Forever Media owns and operates radio stations in Pennsylvania, Maryland and Ohio. Forever Media broadcasts in a variety of formats, including music, news & talk radio, and sports. They operate stations in Altoona, Cumberland, Johnstown, Midshore, Pittsburgh, State College, Wheeling, and York. "
 target parent: Steinman Communications
target: Delmarva Broadcasting Company
Delmarva Broadcasting Company (DBC) is a company that owns and operates nine radio stations in DE, MD, and NJ. DBC operates pop music, country music, gospel music, news radio, talk radio, and sports stations. Their stations include 101.7FM / 1150AM WDEL, 103.7 WXCY, 93.7 WSTW, and more.
price ($mm)
$19
rev ($mm)
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EV / rev
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announced 7/19/2018 via BusinessWire

Beasley Broadcast Group, Inc., will acquire 92.5 XTU

See 140 Comparable Transactions
synopsis: Entercom Communications Corp., a leading media and entertainment company, is to divest 92.5 WXTU, a commercial FM radio station in Philadelphia, to Beasley Broadcast Group, Inc., an owner/operator of radio stations in the United States.
buyer: Beasley Broadcast Group, Inc. (NasdaqGM:BBGI:$265.03)
Beasley Broadcast Group, Inc., based in Naples, Florida, is an owner/operator of radio stations in the United States. As of June 2017, the company owned 63 stations under the Beasley Media Group name. "
 target parent: Entercom Communications Corporation
target: 92.5 XTU
92.5 WXTU is a commercial FM radio station in Philadelphia. They provide the Delaware Valley with today's hit country music.
price ($mm)
$38
rev ($mm)
$10
EBITDA ($mm)
EV / rev
3.7x
EV / EBITDA
announced 5/23/2018 via Company Press Release

Urban One, Inc., will acquire The Team 980

See 43 Comparable Transactions
synopsis: Urban One, Red Zebra Broadcasting and the Washington Redskins announced that Urban One has signed a definitive agreement to acquire the assets of the radio station The Team 980 (WTEM 980 AM) from Red Zebra Broadcasting. WTEM (980 AM), branded The Team 980, is a sports radio station licensed to Washington, D.C. and serving the Washington metro area.
buyer: Urban One, Inc. (UONE.K:$387.79)
Urban One, Inc., formerly known as Radio One, Inc., together with its subsidiaries, is the largest diversified media company that primarily targets Black Americans and urban consumers in the United States. "
 target parent: Red Zebra Broadcasting LLC
target: The Team 980
WTEM (980 AM), branded The Team 980, is a sports radio station licensed to Washington, D.C. and serving the Washington metro area. WTEM is the official radio station for the Washington Redskins football team.
price ($mm)
$4.20
rev ($mm)
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announced 11/23/2017 via BNC Analysis

Pacific Star Network Ltd will be merged with Crocmedia,

See 4047 Comparable Transactions
synopsis: Pacific Star Network, an ASX listed media company with interests in broadcasting and publishing, is to merge with Crocmedia, a content and entertainment business. Crocmedia connects relevant brands to relevant audiences, through telling stories in radio, television, online and through brilliant events.
buyer: Crocmedia
Crocmedia is a content and entertainment business. They connect relevant brands to relevant audiences, through telling stories in radio, television, online and through brilliant events. They are Australia’s only independent syndicator of sports content. "
 target: Pacific Star Network Ltd (ASX:PNW:$49.71)
Pacific Star Network Limited (PNW) is an ASX listed media company with interests in broadcasting and publishing. PNW owns two Melbourne AM commercial broadcasting licenses and broadcasts 24/7 on 1116 SEN and Classic Rock Radio.
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announced 11/1/2017 via BNC Analysis

Beasley Broadcast Group, Inc., will acquire WBZ-FM 98.5

See 43 Comparable Transactions
synopsis: Beasley Broadcast Group announced that it will buy WBZ-FM 98.5 The Sports Hub from Entercom Communications Corporation and CBS Radio. 98.5 The Sports Hub debuted in 2009 as the first Boston FM Sports Talk Radio Station.
buyer: Beasley Broadcast Group, Inc. (NasdaqGM:BBGI:$265.03)
Beasley Broadcast Group owns and operates 63 stations (45 FM and 18 AM) in 15 large- and mid-size markets in the United States. Beasley radio stations reach approximately 19.0 million unique consumers weekly over-the-air, online and on smartphones and tablets. "
 target parent: Entercom Communications Corporation
target: WBZ-FM 98.5
WBZ-FM, 98.5 The Sports Hub is a Boston, MA radio station. 98.5 The Sports Hub debuted in 2009 as the first Boston FM Sports Talk Radio Station.
price ($mm)
$12
rev ($mm)
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announced 9/27/2017 via Company Press Release

Educational Media Foundation, Inc., will purchase Three Radio Stations from Entercom Communications Corporation

See 140 Comparable Transactions
synopsis: Entercom Communications Corp., a leading media and entertainment company, announced that it has entered into an agreement to divest three radio stations to Educational Media Foundation (EMF), including KSWD-FM 100.3 The Sound in Los Angeles, KSOQ-FM 92.1 in San Diego and WGGI-FM 95.9 in Wilkes-Barre.
buyer: Educational Media Foundation, Inc.
Education Media Foundation is a radio broadcasting company that owns the Adult Contemporary Christian formatted K-LOVE Network and the Christian Pop Music Air 1 Radio Network. They also own a Jacksonvile, Florida FM Radio Translator, W270CD. "
 seller: Entercom Communications Corporation (ETM:$1,155.52)
The three radio stations include KSWD-FM 100.3 The Sound in Los Angeles, KSOQ-FM 92.1 in San Diego and WGGI-FM 95.9 in Wilkes-Barre. KSWD-FM broadcasts a classic rock format. KSOQ-FM and WGGY (101.3 FM, "Froggy 101") broadcast country music.
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closed 8/1/2017 via BNC Analysis

WBIN Media Company, Inc., purchased WTPL-FM 107.7 from Lakes Media LLC

See 55 Comparable Transactions
synopsis: WTPL-FM 107.7 in Hillsboro, N.H., is being sold to WBIN Inc. — the company led by investment banker Bill Binnie, who in fall 2014 launched “NH1” as a multiplatform all-news operation serving New Hampshire. The seller is Lakes Media LLC, an entity led by Dirk Nadon.
buyer: WBIN Media Company, Inc.
WBIN Inc. is the company led by investment banker and former U.S. Senate candidate Bill Binnie, who in fall 2014 launched “NH1” as a multiplatform all-news operation serving New Hampshire. WBIN also has a group of 16 stations licensed to them. "
 seller: Lakes Media LLC
WTPL-FM 107.7 “The Pulse” in Hillsboro, N.H. is a Class A radio facility reaching the cities of Concord and Manchester, N.H. It broadcasts a news, talk, & sports format. It is owned by Lakes Media LLC.
price ($mm)
$1.30
rev ($mm)
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announced 7/19/2017 via BNC Analysis

Saint Valentine Catholic Radio, will purchase KTNZ and K233CB from Tejas Broadcasting LLP

See 43 Comparable Transactions
synopsis: Catholic Radio of the High Plains is adding a second signal in Amarillo TX as it acquires Sports “ESPN 1010” KTNZ/94.5 K233CB Amarillo from Tejas Broadcasting. KTNZ (1010 AM) is a radio station broadcasting a Sports format. Amarillo-licensed translator K233CB at 94.5 FM simulcasts KTNZ.
buyer: Saint Valentine Catholic Radio
St. Valentine Catholic Radio (Catholic Radio of the Texas High Plains Inc.) re-broadcasts 95% of EWTN Global Catholic radio programs designed to communicate the truth, foster divine charity and nurture among all people the salvation which is available only through Jesus Christ the Lord. "
 seller: Tejas Broadcasting LLP
KTNZ (1010 AM) is a radio station broadcasting a Sports format, based in Amarillo, TX. Amarillo-licensed translator K233CB at 94.5 FM simulcasts KTNZ.
price ($mm)
$0.15
rev ($mm)
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announced 7/12/2017 via BNC Analysis

The Eagle WBIP FM 99.7/ AM 1400, will acquire WADI 95.3 FM The Bee

See 140 Comparable Transactions
synopsis: Power Valley Communications, Inc. has agreed to sell WADI 95.3 FM The Bee to Eagle Radio Network Inc., which owns The Eagle WBIP FM 99.7/ AM 1400. WADI 95.3 FM is a radio station in Corinth, Mississippi that broadcasts country music.
buyer: The Eagle WBIP FM 99.7/ AM 1400
The Eagle WBIP is a locally owned southern gospel and classic country music radio station that has served the North Mississippi Area since 1950. "
 target: WADI 95.3 FM The Bee
WADI 95.3 FM The Bee is a radio station in Corinth, Mississippi that broadcasts country music.
price ($mm)
$0.36
rev ($mm)
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closed 4/20/2017 via PR Newswire

Radio One, Inc., purchased WWXT-FM and WXGI-AM from Red Zebra Broadcasting LLC

See 43 Comparable Transactions
synopsis: Radio One, a diversified media company that primarily targets African-American and urban consumers, announced its acquisition of Red Zebra Broadcastings' WWXT-FM and WXGI-AM. WXGI is a sports formatted broadcast radio station licensed to Richmond, Virginia. WWXT-FM is a sports radio station branded under ESPN980.
buyer: Radio One, Inc. (UONE.K:$387.79)
Radio One, Inc. is an urban-oriented, multi-media company that primarily targets African-American consumers. Their core business is their radio broadcasting franchise that owns and operates 52 broadcast stations located in 15 urban markets in the United States. "
 seller: Red Zebra Broadcasting LLC
The acquisition includes the radio stations WWXT-FM and WXGI-AM from Red Zebra Broadcasting. WXGI is a sports formatted broadcast radio station licensed to Richmond, Virginia. WWXT-FM is a sports radio station branded under ESPN980.
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announced 10/18/2016 via BusinessWire

Entercom Communications Corporation, will purchase 4 Radio Stations from Beasley Broadcast Group, Inc.

See 55 Comparable Transactions
synopsis: Entercom Communications Corp. announced an agreement to acquire four radio stations in Charlotte, NC from Beasley Broadcast Group, Inc. Beasley is selling the stations to comply with FCC ownership limitations. The transaction adds strong local brands The Fan (WFNZ-AM), The Link (WLNK-FM) and news/talk leader WBT AM/FM to Entercom’s station group.
buyer: Entercom Communications Corporation (ETM:$1,155.52)
Entercom Communications Corp. is the fourth-largest radio broadcasting company in the United States, with a portfolio of 125 highly-rated radio stations in 27 top markets across the country. Entercom’s brands reach and engage close to 40 million people each week. "
 seller: Beasley Broadcast Group, Inc. (NasdaqGM:BBGI:$265.03)
The Fan (WFNZ-AM) covers North Carolina sports. The Link (WLNK-FM) airs a personality-driven Adult Contemporary format. WBT AM/FM is a Charlotte news/talk leader. Beasley Broadcast Group, Inc. is a radio broadcasting company that owns and operates 42 stations located in the United States.
price ($mm)
$24
rev ($mm)
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announced 9/27/2016 via BNC Analysis

Rogers Media Inc., will acquire Country 107.3 and Easy 101

See 140 Comparable Transactions
synopsis: Rogers Media announces that it has entered into an agreement to acquire Tillsonburg Broadcasting Company Limited ("TBCL"), which owns the radio broadcasting licenses CJDL-FM (Country 107.3) and CKOT-FM (Easy 101). The two brands service the greater Southwestern Ontario area - including Tillsonburg.
buyer parent: Rogers Communications Inc.
buyer: Rogers Media Inc.
Rogers Media Inc., a division of Rogers Communications, is a diversified leading Canadian media company that engages in television and radio broadcasting, publishing, digital, and sports entertainment. Rogers Broadcasting has 51 AM and FM radio stations across Canada. "
 target: Country 107.3 and Easy 101
Tillsonburg Broadcasting Company Limited ("TBCL") owns the radio broadcasting licenses CJDL-FM (Country 107.3) and CKOT-FM (Easy 101). The two brands service the greater Southwestern Ontario area - including Tillsonburg, Canada,
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announced 6/30/2016 via Reuters

News Corporation, will acquire Wireless Group PLC

See 906 Comparable Transactions
synopsis: News Corp has agreed to buy the owner of Britain's talkSPORT, Wireless Group PLC. The deal unites The Sun newspaper's sports coverage with the commercial radio network that broadcasts Premier League and FA Cup soccer.
buyer: News Corporation (NWSA:$8,785.00)
News Corporation is a diversified media and information services company with operations in several industry segments: news and information services, digital real estate services, book publishing, digital education, and sports programming and pay-TV distribution. "
 target: Wireless Group PLC (LSE:WLG:$97.92)
Wireless Group PLC is one of the most successful media companies based in the UK and Ireland. Wireless owns Virgin Radio UK, TalkRadio and TalkSport radio, which has the radio and digital broadcasting rights to the Premier League and the FA Cup.
price ($mm)
$300
rev ($mm)
$102
EBITDA ($mm)
$20
EV / rev
2.9x
EV / EBITDA
15.2x
announced 5/11/2016 via BNC Analysis

NZME. will be merged with Fairfax Media Ltd.,

See 504 Comparable Transactions
synopsis: Fairfax Media, a leading multi-platform media company in Australasia, is considering a merge of their New Zealand business with NZME, New Zealand’s premier integrated media company owned by APN News & Media, a leading provider of outdoor advertising in Australia and New Zealand.
buyer: Fairfax Media Ltd. (ASX:FXJ:$1,239.61)
Fairfax Media Limited is a leading multi-platform media company in Australasia. The group comprises metropolitan, rural, regional and community mastheads and serves its audiences through high-quality, independent journalism and offers dynamic venues for commerce and information. "
 target parent: APN News & Media Limited
target: NZME.
NZME. (New Zealand Media & Entertainment) is New Zealand’s premier integrated media company, with a portfolio of market-leading newspaper, radio, digital and magazine titles, that engage with 2.9 million people every week.
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closed 2/29/2016 via BNC Analysis

Principle Broadcasting, LLC, acquired KFWB 980 AM The Beast

See 43 Comparable Transactions
synopsis: KFWB 980 AM The Beast will end operations as an all-sports station after the station’s asset trust sold the business to Universal Media Access KFWB-AM LLC, part of Mercury Capital Partners' Principle Broadcasting, LLC. KFWB is a CBS-affiliated all sports radio station, and it is the flagship station of the Los Angeles Clippers and the LA Galaxy.
buyer parent: Mercury Capital Partners
buyer: Principle Broadcasting, LLC
Principle Broadcasting, LLC is focused on acquiring AM and/or FM radio stations at low prices and converting them into an ethnic brokered time model. Principle leases time to various ethnic and religious groups. "
 target parent: CBS Corporation
target: KFWB 980 AM The Beast
KFWB 980 AM The Beast is a Los Angeles all-sports radio station with a mix of original programming focusing on the L.A. sports scene. KFWB is the flagship station of the Los Angeles Clippers and the LA Galaxy.
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Pages:  
announced 12/30/2020 via BNC Analysis

Educational Media Foundation, Inc., will acquire WCDD-FM 107.9

See 176 Comparable Transactions
synopsis: Education Media Foundation, an American nonprofit Christian media ministry, is acquiring WCDD Country 107.9, a radio station broadcasting a country music format. It is licensed to Canton, Illinois and serves the Peoria radio market. Their sister station, WBYS, broadcasts St. Louis Cardinal baseball.
buyer: Educational Media Foundation, Inc.
Education Media Foundation is a radio broadcasting company that owns the Adult Contemporary Christian formatted K-LOVE Network and the Christian Pop Music Air 1 Radio Network. Their mission is to communicate the Gospel message through contemporary Christian music and short educational elements. "
 target: WCDD-FM 107.9
WCDD (107.9 MHz FM, CD Country 107.9) is a radio station broadcasting a country music format. It is licensed to Canton, Illinois and serves the Peoria radio market. Their sister station, WBYS, broadcasts St. Louis Cardinal baseball.
price ($mm)
$0.17
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 12/30/2020 via BNC Analysis

Educational Media Foundation, Inc., will acquire WCDD-FM 107.9

See 176 Comparable Transactions
synopsis: Education Media Foundation, an American nonprofit Christian media ministry, is acquiring WCDD Country 107.9, a radio station broadcasting a country music format. It is licensed to Canton, Illinois and serves the Peoria radio market. Their sister station, WBYS, broadcasts St. Louis Cardinal baseball.
buyer: Educational Media Foundation, Inc.
Education Media Foundation is a radio broadcasting company that owns the Adult Contemporary Christian formatted K-LOVE Network and the Christian Pop Music Air 1 Radio Network. Their mission is to communicate the Gospel message through contemporary Christian music and short educational elements. "
 target: WCDD-FM 107.9
WCDD (107.9 MHz FM, CD Country 107.9) is a radio station broadcasting a country music format. It is licensed to Canton, Illinois and serves the Peoria radio market. Their sister station, WBYS, broadcasts St. Louis Cardinal baseball.
price ($mm)
$0.17
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 9/24/2020 via BNC Analysis

Educational Media Foundation, Inc., will acquire SPIRIT 105.9

See 39 Comparable Transactions
synopsis: Educational Media Foundation, a radio broadcasting company, will acquire KFMK (105.9 FM, "Spirit 105.9"), an Austin, Texas radio station operating a Contemporary Christian format, from CRISTA Media, part of the CRISTA family of ministries.
buyer: Educational Media Foundation, Inc.
Education Media Foundation is a radio broadcasting company that owns the Adult Contemporary Christian formatted K-LOVE Network and the Christian Pop Music Air 1 Radio Network. Their mission is to communicate the Gospel message through contemporary Christian music and short educational elements. "
 target parent: CRISTA Media
target: SPIRIT 105.9
KFMK (105.9 FM, "Spirit 105.9") is an Austin, Texas radio station operating a Contemporary Christian format.
price ($mm)
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announced 6/3/2020 via BNC Analysis

Educational Media Foundation, Inc., will acquire Classic Rock 100.1

See 140 Comparable Transactions
synopsis: “Classic Rock 100.1” WKBH-FM West Salem/La Crosse WI will be acquired by Educational Media Foundation. Classic Rock 100.1 is the Premiere Classic Rock station on Wisconsin’s West Coast. They play only the best rockin’ tunes from the 60's, 70’s, 80’s, 90’s, including Zeppelin, Skynyrd, Queen, Floyd, Aerosmith, The Stones, and Def Leppard.
buyer: Educational Media Foundation, Inc.
Education Media Foundation is a radio broadcasting company that owns the Adult Contemporary Christian formatted K-LOVE Network and the Christian Pop Music Air 1 Radio Network. Their mission is to communicate the Gospel message through contemporary Christian music and short educational elements. "
 target parent: La Crosse Media Group
target: Classic Rock 100.1
Classic Rock 100.1 is the Premiere Classic Rock station on Wisconsin’s West Coast. They play only the best rockin’ tunes from the 60's, 70’s, 80’s, 90’s and even a few “Beyond…” including Zeppelin, Skynyrd, Queen, Floyd, Aerosmith, The Stones, Def Leppard, Metallica, Pearl Jam, and more.
price ($mm)
$0.40
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closed 2/26/2020 via BNC Analysis

Educational Media Foundation, Inc., acquired WAAF-FM 107.3

See 140 Comparable Transactions
synopsis: Educational Media Foundation, a Christian radio broadcasting company, has acquired WAAF-FM 107.3 from Entercom Communications, a leading American media and entertainment company. WAAF is one of the oldest rock stations in New England. The station broadcasts modern alt-rock music to listeners in Boston and Worcester, Massachusetts.
buyer: Educational Media Foundation, Inc.
Education Media Foundation is a radio broadcasting company that owns the Adult Contemporary Christian formatted K-LOVE Network and the Christian Pop Music Air 1 Radio Network. Their mission is to communicate the Gospel message through contemporary Christian music and short educational elements. "
 target parent: Entercom Communications Corporation
target: WAAF-FM 107.3
WAAF-FM 107.3 is one of the oldest rock stations in New England. WAAF broadcasts modern alt-rock music to listeners in Boston and Worcester, Massachusetts. Their shows include Mistress Carrie, Mike Hsu, The Mens Room, Eddie Trunk Rocks!, and Bay State Rock.
price ($mm)
$11
rev ($mm)
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announced 11/22/2019 via BNC Analysis

Educational Media Foundation, Inc., will purchase 101.9 KXJW and 98.7 KWXR from Cochise Broadcasting LLC

See 140 Comparable Transactions
synopsis: Christian radio broadcaster Educational Media Foundation will acquire 101.9 KXJW and 98.7 KWXR from Cochise Broadcasting, a radio station operator in Wyoming. 101.9 KXJW and 98.7 KWXR are classic hits format radio stations in North Rock Springs and Reliance, Wyoming.
buyer: Educational Media Foundation, Inc.
Education Media Foundation is a radio broadcasting company that owns the Adult Contemporary Christian formatted K-LOVE Network and the Christian Pop Music Air 1 Radio Network. Their mission is to communicate the Gospel message through contemporary Christian music and short educational elements. "
 seller: Cochise Broadcasting LLC
101.9 KXJW and 98.7 KWXR are classic hits format radio stations in North Rock Springs and Reliance, Wyoming. 101.9 KXJW and 98.7 KWXR belongs to Cochise Broadcasting, a radio station operator in Wyoming.
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announced 5/2/2018 via PR Newswire

Educational Media Foundation, Inc., will acquire Praise 102.7

See 3 Comparable Transactions
synopsis: Urban One, Inc. announced it has signed a definitive agreement to sell the assets of one of its radio stations, WPZR-FM (102.7 FM), to Educational Media Foundation, a radio broadcasting company. Praise 102.7 is an urban gospel formatted radio station licensed to Mount Clemens, Michigan, and serving the Detroit metropolitan area.
buyer: Educational Media Foundation, Inc.
Education Media Foundation is a radio broadcasting company that owns the Adult Contemporary Christian formatted K-LOVE Network and the Christian Pop Music Air 1 Radio Network. Their mission is to communicate the Gospel message through contemporary Christian music and short educational elements. "
 target parent: Urban One, Inc.
target: Praise 102.7
WPZR (102.7 FM, "Praise 102.7") is an urban gospel formatted radio station licensed to Mount Clemens, Michigan, and serving the Detroit metropolitan area. They were founded in 1960.
price ($mm)
$13
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announced 3/7/2018 via BNC Analysis

Educational Media Foundation, Inc., will acquire 97.9 WLUP-FM

See 140 Comparable Transactions
synopsis: Educational Media Foundation (EMF) has agreed to purchase WLUP-FM (97.9 FM, "The Loop") from Merlin Media, and EMF will convert the station to non-commercial status upon closing of the sale. Established in 1977, WLUP-FM is a classic rock radio station that has been serving the Chicago metropolitan area for over 40 years.
buyer: Educational Media Foundation, Inc.
Education Media Foundation is a radio broadcasting company that owns the Adult Contemporary Christian formatted K-LOVE Network and the Christian Pop Music Air 1 Radio Network. Their mission is to communicate the Gospel message through contemporary Christian music and short educational elements. "
 target parent: Merlin Media, LLC
target: 97.9 WLUP-FM
Established in 1977, WLUP-FM (97.9 FM, "The Loop") is a classic rock radio station that has been serving the Chicago metropolitan area for over 40 years.
price ($mm)
$22
rev ($mm)
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EV / rev
EV / EBITDA
announced 9/27/2017 via Company Press Release

Educational Media Foundation, Inc., will purchase Three Radio Stations from Entercom Communications Corporation

See 140 Comparable Transactions
synopsis: Entercom Communications Corp., a leading media and entertainment company, announced that it has entered into an agreement to divest three radio stations to Educational Media Foundation (EMF), including KSWD-FM 100.3 The Sound in Los Angeles, KSOQ-FM 92.1 in San Diego and WGGI-FM 95.9 in Wilkes-Barre.
buyer: Educational Media Foundation, Inc.
Education Media Foundation is a radio broadcasting company that owns the Adult Contemporary Christian formatted K-LOVE Network and the Christian Pop Music Air 1 Radio Network. They also own a Jacksonvile, Florida FM Radio Translator, W270CD. "
 seller: Entercom Communications Corporation (ETM:$1,155.52)
The three radio stations include KSWD-FM 100.3 The Sound in Los Angeles, KSOQ-FM 92.1 in San Diego and WGGI-FM 95.9 in Wilkes-Barre. KSWD-FM broadcasts a classic rock format. KSOQ-FM and WGGY (101.3 FM, "Froggy 101") broadcast country music.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 8/16/2017 via BNC Analysis

Edgewater Broadcasting, Inc, will purchase W244BQ from Educational Media Foundation, Inc.

See 906 Comparable Transactions
synopsis: Educational Media Foundation, a non-profit Christian radio network, is selling W244BQ, an FM translator located in Park Ridge, IL, to Edgewater Broadcasting, Inc. W244BQ currently broadcasts the regional Mexican station WLEY-FM 107.9 "La Ley" in the Aurora-Chicago area.
buyer: Edgewater Broadcasting, Inc
Edgewater Broadcasting is a radio broadcasting company based in Twin Falls, Idaho. The purpose and vision of Edgewater Broadcasting is to offer bible-based programming that is wholesome, relevant and un-replicated to their listeners. "
 seller: Educational Media Foundation, Inc.
W244BQ is an FM Translator located in Park Ridge, IL. Education Media Foundation is a radio broadcasting company that owns the Adult Contemporary Christian formatted K-LOVE Network and the Christian Pop Music Air 1 Radio Network. They are the largest non-profit, Christian radio ministry in the US.
price ($mm)
$0.35
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 2/15/2017 via BNC Analysis

Educational Media Foundation, Inc., will acquire WNKE-FM

See 906 Comparable Transactions
synopsis: Northern Kentucky University Board of Regents voted unanimously to sell WNKE-FM. The Educational Media Foundation (EMF), which broadcasts the contemporary Christian K-LOVE and Air-1 formats, will pay in cash for WNKE-FM (formerly WPAY-FM) in the Portsmouth/New Boston area, and share profits from EMF selling WEKV-FM in nearby South Webster, Ohio.
buyer: Educational Media Foundation, Inc.
EMF Broadcasting is the parent company of both the Adult Contemporary Christian formatted K-LOVE Network and the Christian Pop Music Air 1 Radio Networks, which serve audiences 24/7 across the United States through 209 full-powered stations and 208 translators. "
 target parent: Northern Kentucky University
target: WNKE-FM
WNKE-FM is a radio station licensed in New Boston, OH. WNKE is currently a public radio station owned by Northern Kentucky University offering an adult album alternative format, simulcasting WNKU.
price ($mm)
$7.00
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 5/24/2012 via BNC Analysis

Educational Media Foundation, Inc., will acquire KHJK/103.7 FM

See 140 Comparable Transactions
synopsis: Educational Media Foundation announced it would buy KHJK/103.7 FM, a radio station with a unique blend of popular artists and fresh new music not typically heard outside of the traditional "hit music" radio stations.
buyer: Educational Media Foundation, Inc.
EMF Broadcasting is the parent company of both the Adult Contemporary Christian formatted K-LOVE Network and the Christian Pop Music Air 1 Radio Networks, which serve audiences 24/7 across the United States through 209 full-powered stations and 208 translators. "
 target: KHJK/103.7 FM
KHJK/103.7 FM is radio station with a unique blend of popular artists and fresh new music not typically heard outside of the traditional "hit music" radio stations.
price ($mm)
$5.00
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 1/28/2008 via BNC Analysis

EMF Broadcasting, will purchase WFZH (105.3 FM) from Salem Communications Corporation

See 39 Comparable Transactions
synopsis: EMF Broadcasting, Inc., agreed to acquire WFZH (105.3 FM) from Salem Communications Corp. for approximately $8.1 million in cash on January 28, 2008. The consideration includes an escrow deposit of $0.4 million.
buyer: EMF Broadcasting
EMF Broadcasting is the parent company of both the Adult Contemporary Christian formatted K-LOVE Network and the Christian Pop Music Air 1 Radio Networks, which serve audiences 24/7 across the United States through 209 full-powered stations and 208 translators. "
 seller: Salem Communications Corporation (SALM:$257.87)
Salem Communications is a leading U.S. radio broadcaster, Internet content provider, and magazine and book publisher targeting audiences interested in Christian and family-themed content and conservative values.
price ($mm)
$7.70
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 2/8/2007 via BusinessWire

Salem Communications Corporation, acquired Christian Music Planet

See 60 Comparable Transactions
synopsis: Salem Communications Corporation, a leading U.S. radio broadcaster, Internet content provider, magazine and book publisher targeting audiences interested in Christian and family-themed content and conservative values, has acquired the Christian Music Planet® brand, including www.ChristianMusicPlanet.com, a leading Christian music web portal.
buyer: Salem Communications Corporation (SALM:$257.87)
Salem Communications is a leading U.S. radio broadcaster, Internet content provider, and magazine and book publisher targeting audiences interested in Christian and family-themed content and conservative values. "
 target parent: EMF Broadcasting
target: Christian Music Planet
Christian Music Planet is the most-read Christian music and entertainment consumer publication. The magazine is also an integral part of the EMF Broadcasting family, which includes the K-LOVE and Air 1 radio networks.
price ($mm)
$0.30
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 2/27/2019 via BNC Analysis

Relevant Radio, will purchase 88.9 FM and 88.1 FM from Catholic Diocese of Brownsville

See 30 Comparable Transactions
synopsis: RGV Educational Broadcasting, Inc., a subsidiary operated by the Diocese of Brownsville, agreed to sell 88.9 FM in Harlingen and 88.1 FM in McAllen to Immaculate Heart Media, which operates Relevant Radio and airs Catholic programming.
buyer: Relevant Radio
Relevant Radio (corporate name Immaculate Heart Media, Inc.) is a radio network in the United States, mainly broadcasting talk radio and religious programming involving the Catholic Church. It is the largest Catholic radio network by owned station base. "
 seller: Catholic Diocese of Brownsville
The acquisition includes the two religious radio stations 88.9 FM in Harlingen and 88.1 FM in McAllen from RGV Educational Broadcasting, Inc., a subsidiary operated by the Diocese of Brownsville.
price ($mm)
$1.25
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 10/13/2016 via Company Press Release

Relevant Radio will be merged with Immaculate Heart Radio,

See 30 Comparable Transactions
synopsis: Relevant Radio, a radio network in the US, mainly broadcasting talk radio and religious programming involving the Catholic Church, and Immaculate Heart Radio, a company that that operates a growing network of Catholic radio stations, have announced their intention to merge.
buyer: Immaculate Heart Radio
Immaculate Heart Radio is a non-profit lay apostolate that operates a growing network of Catholic radio stations in the West. They are dedicated to sharing the heart of the Christian faith and changing lives through radio airwaves. "
 target: Relevant Radio
Relevant Radio (corporate name Starboard Media Foundation, Inc.) is a radio network in the United States, mainly broadcasting talk radio and religious programming involving the Catholic Church. It is the largest Catholic radio network by owned station base.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 9/24/2020 via BNC Analysis

Educational Media Foundation, Inc., will acquire SPIRIT 105.9

See 39 Comparable Transactions
synopsis: Educational Media Foundation, a radio broadcasting company, will acquire KFMK (105.9 FM, "Spirit 105.9"), an Austin, Texas radio station operating a Contemporary Christian format, from CRISTA Media, part of the CRISTA family of ministries.
buyer: Educational Media Foundation, Inc.
Education Media Foundation is a radio broadcasting company that owns the Adult Contemporary Christian formatted K-LOVE Network and the Christian Pop Music Air 1 Radio Network. Their mission is to communicate the Gospel message through contemporary Christian music and short educational elements. "
 target parent: CRISTA Media
target: SPIRIT 105.9
KFMK (105.9 FM, "Spirit 105.9") is an Austin, Texas radio station operating a Contemporary Christian format.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 7/29/2019 via BNC Analysis

Relevant Radio, will purchase Seven Radio Stations from Salem Media Group

See 46 Comparable Transactions
synopsis: Salem Media Group is selling seven radio stations to Relevant Radio (corporate name Immaculate Heart Media, Inc.). The stations include WKAT, WZAB, and WKAT in Miami, and WLCC, WWMI and WLCC in Tampa-St. Petersburg. The stations cover business news and Spanish Christian content.
buyer: Relevant Radio
Relevant Radio (corporate name Immaculate Heart Media, Inc.) is a radio network in the United States, mainly broadcasting talk radio and religious programming involving the Catholic Church. It is the largest Catholic radio network by owned station base. "
 seller: Salem Media Group (SALM:$257.87)
The acquisition includes seven radio stations from Salem Media, four AMs and three FMs in two Florida markets. The stations include, WKAT, WZAB, and WKAT in Miami, and WLCC, WWMI and WLCC Tampa-St. Petersburg. The stations cover business news and Spanish Christian content.
price ($mm)
$0.90
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 7/29/2019 via BNC Analysis

Berry Broadcasting, will acquire KXEN-AM and WGNU-AM

See 167 Comparable Transactions
synopsis: Berry Broadcasting, a company created by Paul Berry III to acquire local radio stations in the St. Louis, MO area, is to acquire KXEN-AM 1010, a Christian talk radio station and WGNU-AM 920, a talk radio station covering topics in business, sports, entertainment and more. Both stations are based in St. Louis.
buyer: Berry Broadcasting
Berry Broadcasting is a company created by Paul Berry III, a politician in the St. Louis, MO area and nephew of Chuck Berry, the rock and roll legend. It was created to acquire local radio stations in the St. Louis, MO area. "
 target: KXEN-AM and WGNU-AM
KXEN-AM 1010 is a Christian talk radio station based out of St. Louis, MO. WGNU-AM 920 is a talk radio station also based out of St. Louis, covering topics in business, sports, entertainment and more.
price ($mm)
$0.65
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 7/25/2018 via Company Press Release

Walnut Radio, LLC, will purchase Two Radio Stations from Salem Media Group

See 39 Comparable Transactions
synopsis: Hickory Radio, an affiliate of Walnut Radio, LLC, has signed an agreement to acquire KCRO-AM (660) and KOTK-AM (1420) and its affiliated translators from Salem Media Group, a leading multimedia company specializing in Christian and conservative content. Both radio stations are Christian talk radio stations.
buyer: Walnut Radio, LLC
Walnut Radio, LLC is an operator of radio stations in the state of Nebraska. Some radio stations that are owned by Walnut Radio are KBLR (97.3 FM), KHUB (1340 AM), and KFMT (105.5 FM). "
 seller: Salem Media Group (SALM:$257.87)
Salem Media Group is a leading multimedia company specializing in Christian and conservative content. They operate over 100 radio stations, including Nebraska-based KCRO-AM (660) and KOTK-AM (1420). KCRO is a Christian radio station and KOTK is a conservative talk show station.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 7/26/2017 via BNC Analysis

Carroll Broadcasting, will purchase WHST-FM from The Promise FM

See 39 Comparable Transactions
synopsis: Carroll Broadcasting, a Michigan-based radio broadcasting company, is acquiring WHST-FM in Tawas City, MI, from Northern Christian Radio Inc. Northern Christian Radio operates the Promise FM, a non-commercial Christian radio program. WHST broadcasts the Promise FM in Tawas City at 106.1FM.
buyer: Carroll Broadcasting
Carroll Broadcasting is a radio broadcasting company that has been serving Northeast Michigan since 1968. Locally owned and operated, Carroll Broadcasting owns four properties: WKJC FM 104.7, Tawas City, WIOS AM 1480, Tawas City, WQLB FM 103.3, Tawas City and WKJZ FM 94.9, Alpena Michigan. "
 seller: The Promise FM
WHST is a radio station in Tawas City, MI at 106.1FM. The Promise FM is a Christian radio broadcasting company that serves Northern Michigan and portions of Ontario with non-commercial Christian music and programs.
price ($mm)
$0.18
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 10/9/2015 via BNC Analysis

Liftable Media Inc., acquired USA Radio Networks

See 39 Comparable Transactions
synopsis: Expanding beyond digital and into broadcast radio, digital network Liftable Media Inc. has purchased syndicator USA Radio Networks from Cross Platform Media. USA Radio Networks provides Christian and conservative news/talk programming, including Iowa radio host Steve Deace, whose show is carried on 56 stations around the country.
buyer: Liftable Media Inc.
Liftable Media, Inc. is a media company that drives positive cultural change through media, truth, and storytelling. They are proud to operate some of the world’s top conservative news and commentary news sites, including WesternJournalism.com and ConservativeTribune.com. "
 target parent: Cross Platform Media
target: USA Radio Networks
USA Radio Networks currently produces and/or distributes the 24 hour USA Headline News and more than 20 nationally syndicated radio programs targeting consumers of news, talk, information, and Christian programming heard on both commercial and non-commercial radio stations nationwide.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 12/1/2014 via Company Press Release

Nebraska Rural Radio Foundation, purchased KAMI-AM from Bott Radio Network Inc.

See 39 Comparable Transactions
synopsis: The Nebraska Rural Radio Association announced that it has purchased KAMI 1580 AM from Bott Radio Network of Overland Park, Kansas. KAMI broadcasts a Christian radio format to Central Nebraska. Its programming includes Bible teaching, Christian news, and Christian information programs.
buyer: Nebraska Rural Radio Foundation
Nebraska Rural Radio Associaton is a network of six radio stations with both AM and FM stations in Lexington, Scottsbluff, and West Point. "
 seller: Bott Radio Network Inc.
KAMI (1580 AM) is a radio station licensed to serve Cozad, Nebraska, USA. KAMI broadcasts a Christian radio format. Its programming includes Bible teaching, Christian news, and Christian information programs.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 9/22/2014 via PR Newswire

Cross Platform Media, acquired IRN USA Radio

See 39 Comparable Transactions
synopsis: Cross Platform Media, a Raleigh-based media company, announced its recent acquisition of IRN/USA Radio Network (Information Radio Network). IRN/USA Radio Network produces and/or distributes more than twenty nationally syndicated radio programs with audience-targeted formatting primarily for News/Talk and Christian radio.
buyer: Cross Platform Media
CPM is a national media company based in Raleigh, NC, that specializes in media network services by developing and distributing news, entertainment and talk show programming for independent Christian and general market radio stations, print and digital platforms. "
 target: IRN USA Radio
IRN/USA Radio Network produces and/or distributes more than twenty nationally syndicated radio programs with audience-targeted formatting primarily for News/Talk and Christian radio, both commercial and non-commercial.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 11/8/2012 via PR Newswire

Mt. Olive Baptist Church, will acquire Power 105.5

See 172 Comparable Transactions
synopsis: Light Media, Inspirational Media Specialist, announced that it has signed a definitive agreement to divest the assets of its Power 105.5/The King radio station to Mt. Olive Baptist Church. Power 105.5 The King is located in Albany, GA, with its music format being an eclectic mix of Holy Hip Hop and Contemporary Gospel music.
buyer: Mt. Olive Baptist Church
Mt. Olive Baptist Church is a Church. "
 target parent: Light Media
target: Power 105.5
Power 105.5 The King is located in Albany, GA, with its music format being an eclectic mix of Holy Hip Hop and Contemporary Gospel music. It is the world's first terrestrial (24/7) radio station formatted in this manner.
price ($mm)
$0.25
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 10/16/2012 via GlobeNewswire

Cumulus Media Inc., will acquire WFME-FM

See 39 Comparable Transactions
synopsis: Cumulus Media, the nation's largest pure-play radio broadcaster, announced that it has signed a definitive agreement to purchase WFME-FM -- providing Cumulus a third station in New York City. WFME-FM is a radio station on 94.7 FM licensed to Newark, New Jersey.
buyer: Cumulus Media Inc. (OTCPK:CMLS.Q:$855.79)
Cumulus Media is the largest pure-play radio broadcaster in the US with approximately 525 stations in 110 markets, a fully-distributed programming network serving more than 4,500 affiliates nationwide and SweetJack, the local deals platform. "
 target parent: Family Radio
target: WFME-FM
WFME-FM is religious a radio station on 94.7 FM licensed to Newark, New Jersey. The studio, office and transmitter are located in West Orange, New Jersey and is shared with sister station WFME-TV (channel 66).
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 10/4/2012 via BNC Analysis

Salem Communications Corporation, acquired WMUU Radio

See 39 Comparable Transactions
synopsis: Caron Broadcasting Inc., a subsidiary of Salem Communications Corporation, acquires WMUU-FM. WMUU is a Christian radio station in Greenville-Spartanburg, SC.
buyer: Salem Communications Corporation (SALM:$257.87)
Salem Communications Corporation is the largest commercial U.S. radio broadcasting company that provides programming targeted at audiences interested in Christian and family-themed radio content, as measured by the number of stations and audience coverage. "
 target: WMUU Radio
WMUU, INC., doing business as WMUU AM & FM Radio Station, provides radio broadcasting services. WMUU is a Christian station. The primary mission is to have a Spiritual impact on the communities they serve.
price ($mm)
$3.00
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 2/14/2012 via Yahoo, Inc.

Classical South Florida, purchased WAYJ 88.7FM Fort Myers from WAY-FM Media Group, Inc

See 39 Comparable Transactions
synopsis: WAY Media, Inc. announced that Classical South Florida (CSF), a nonprofit listener-supported public radio organization dedicated to broadcasting classical music, has agreed to acquire the assets of WAYJ 88.7FM in Fort Myers, Florida.
buyer: Classical South Florida
Classical South Florida is a nonprofit public radio organization dedicated to broadcasting classical music. Its program schedule includes broadcasts of nationally renowned classical programs such as Performance Today®, SymphonyCast®, Pipedreams® and Saint Paul Sunday®. "
 seller: WAY-FM Media Group, Inc
WAY-FM Media Group owns and operates Christian radio stations throughout the US. WAY-FM exists to encourage youth and young adults in their Christian lives and to introduce non-believers to Christ.
price ($mm)
$4.35
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 6/9/2011 via Market Wire

Light Media, acquired Power 105.5

See 172 Comparable Transactions
synopsis: Light Media, Inspirational Media Specialist, has officially joined the ranks of publicly-traded broadcasting companies via closing of its acquisition of Power 105.5 FM. Power105.5 The King is located in Albany, GA, with its music format being an eclectic mix of Holy Hip Hop and Contemporary Gospel music.
buyer: Light Media (LGMH:$0.00)
Light Media, Inspirational Media Specialist, via its integrated portfolio platform partners targets the youth, young adult and adult/family demographic for inspirational media and entertainment that uplifts the community 24/7. "
 target: Power 105.5
Power 105.5 The King is located in Albany, GA, with its music format being an eclectic mix of Holy Hip Hop and Contemporary Gospel music. It is the world's first terrestrial (24/7) radio station formatted in this manner.
price ($mm)
$0.25
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 1/26/2011 via BNC Analysis

Christian Resource Centre, will acquire Woay-AM radio

See 39 Comparable Transactions
synopsis: The Christian Resource Center will acquire WOAY-AM radio. AM 860 WOAY provides radio with the intent of teaching people ways to grow in their relationship with God and other believers, and to encourage them in their journey through this world.
buyer: Christian Resource Centre
The Christian Resource Center is a central location for pastors and their churches in Southern West Virginia to turn to for information and resource materials. From the beginning, the primary goal has been to aid in spiritual growth and the furtherance of personal and church ministries. "
 target: WOAY-AM Radio
AM 860 WOAY provides radio with the intent of teaching people ways to grow in their relationship with God and other believers, and to encourage them in their journey through this world.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 8/13/2008 via BusinessWire

WAY-FM Media Group, Inc, will purchase WRVI (105.9FM) from Salem Communications Corporation

See 39 Comparable Transactions
synopsis: Salem Communications Corporation a leading U.S. radio broadcaster, Internet content provider, magazine and book publisher targeting audiences interested in Christian and family-themed content and conservative values, announced it has entered into an agreement to sell WRVI (105.9FM) to the WAY-FM Media Group, Inc. for $3 million.
buyer: WAY-FM Media Group, Inc
WAY-FM Media Group owns and operates Christian radio stations throughout the US. WAY-FM exists to encourage youth and young adults in their Christian lives and to introduce non-believers to Christ. "
 seller: Salem Communications Corporation (SALM:$257.87)
Salem Communications is a leading U.S. radio broadcaster, Internet content provider, and magazine and book publisher targeting audiences interested in Christian and family-themed content and conservative values.
price ($mm)
$3.00
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 7/7/2008 via BusinessWire

Radio One, Inc., acquired WPRS-FM

See 39 Comparable Transactions
synopsis: Radio One, Inc. has completed the acquisition of the assets of radio station WPRS-FM, located in the Washington, DC market, for approximately $38.0 million in cash. The Company began operating the station under a Local Marketing Agreement during the second quarter of 2007, at which time it changed the station's call letters to WPRS-FM.
buyer: Radio One, Inc. (UONE.K:$387.79)
Radio One, Inc. is one of the nation's largest radio broadcasting companies and the largest radio broadcasting company that primarily targets African-American and urban listeners. Radio One owns and/or operates 53 radio stations located in 16 urban markets in the United States. "
 target parent: Bonneville International Corporation
target: WPRS-FM
WPRS, known on air as Praise 104.1, is an Urban Gospel radio station in the Washington, D.C., metropolitan area. The station broadcasts from Waldorf, Maryland, at 104.1 MHz.
price ($mm)
$38
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 1/28/2008 via BNC Analysis

EMF Broadcasting, will purchase WFZH (105.3 FM) from Salem Communications Corporation

See 39 Comparable Transactions
synopsis: EMF Broadcasting, Inc., agreed to acquire WFZH (105.3 FM) from Salem Communications Corp. for approximately $8.1 million in cash on January 28, 2008. The consideration includes an escrow deposit of $0.4 million.
buyer: EMF Broadcasting
EMF Broadcasting is the parent company of both the Adult Contemporary Christian formatted K-LOVE Network and the Christian Pop Music Air 1 Radio Networks, which serve audiences 24/7 across the United States through 209 full-powered stations and 208 translators. "
 seller: Salem Communications Corporation (SALM:$257.87)
Salem Communications is a leading U.S. radio broadcaster, Internet content provider, and magazine and book publisher targeting audiences interested in Christian and family-themed content and conservative values.
price ($mm)
$7.70
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 1/23/2008 via BNC Analysis

Good Karma Broadcasting LLC, purchased WRRD (540 AM) from Salem Communications Corporation

See 39 Comparable Transactions
synopsis: Good Karma announced that it purchased WRRD-AM (540) from Salem Communications Corp., Camarillo, Calif., for an undisclosed amount.
buyer: Good Karma Broadcasting LLC
Good Karma Broadcasting is a company based in Beaver Dam that owns six radio stations in Wisconsin. "
 seller: Salem Communications Corporation (SALM:$257.87)
Salem Communications is a leading U.S. radio broadcaster, Internet content provider, and magazine and book publisher targeting audiences interested in Christian and family-themed content and conservative values.
price ($mm)
$3.61
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
Pages:  

Like WCDD-FM 107.9


read more

WCDD-FM 107.9

CKHZ-FM and CKHY-FM

First Media Radio

Bliss Communications, Inc.

CIXL-FM and CKYY-FM

Delmarva Broadcasting Company

92.5 XTU

The Team 980

Pacific Star Network Ltd

WBZ-FM 98.5

Entercom Communications Corporation

Lakes Media LLC

Tejas Broadcasting LLP

WADI 95.3 FM The Bee

Red Zebra Broadcasting LLC

Beasley Broadcast Group, Inc.

Country 107.3 and Easy 101

Wireless Group PLC

NZME.

KFWB 980 AM The Beast

Pages:  
read more

WCDD-FM 107.9

read more

WCDD-FM 107.9

SPIRIT 105.9

Classic Rock 100.1

WAAF-FM 107.3

Cochise Broadcasting LLC

Praise 102.7

97.9 WLUP-FM

Entercom Communications Corporation

Educational Media Foundation, Inc.

WNKE-FM

KHJK/103.7 FM

Salem Communications Corporation

Christian Music Planet

read more

Catholic Diocese of Brownsville

Relevant Radio

SPIRIT 105.9

Salem Media Group

KXEN-AM and WGNU-AM

Salem Media Group

The Promise FM

USA Radio Networks

Bott Radio Network Inc.

IRN USA Radio

Power 105.5

WFME-FM

WMUU Radio

WAY-FM Media Group, Inc

Power 105.5

WOAY-AM Radio

Salem Communications Corporation

WPRS-FM

Salem Communications Corporation

Salem Communications Corporation

Pages:  
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Ticker: JP:4842
 
 
 
 
 
 
 
 
Usen Corporation
Usen Corp. ("Usen") is a Tokyo-based cable broadcaster and media content provider. The company’s Broadcasting segment primarily engages in the operation and management of cable radio broadcasting services
year
2015
rev ($mm)
$558.35
EBITDA ($mm)
$137.30
EBIT ($mm)
$78.82
Net Income ($mm)
$53.80
Employees
3034
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Ticker: SALM
 
 
 
 
 
 
 
 
Salem Media Group
Salem Media Group
Salem Media Group is America’s leading radio broadcaster, Internet content provider, and magazine and book publisher targeting audiences interested in Christian and family-themed content and conservative values.
year
2019
rev ($mm)
$257.87
EBITDA ($mm)
$35.51
EBIT ($mm)
$20.88
Net Income ($mm)
Employees
1363
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