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Independence Media, will purchase WIXO-FM, WVEL-FM and WPIA-FM from Regent Communications, Inc.

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Like WIXO-FM, WVEL-FM and WPIA-FM

announced 5/11/2006 via PR Newswire

Independence Media, will purchase WIXO-FM, WVEL-FM and WPIA-FM from Regent Communications, Inc.

synopsis: Regent Communications, Inc. announced today that it has entered into a definitive agreement with Independence Media to sell three Class "A" FM radio stations, WIXO-FM, WVEL-FM and WPIA-FM, for approximately $2.8 million.
buyer: Independence Media
Independence Media is an FM radio station operator.
seller: Regent Communications, Inc.(:$96.34)
Regent Communications is a radio broadcasting company focused on acquiring, developing and operating radio stations in middle and small-sized markets. Upon the completion of all announced transactions, Regent will own and operate 63 stations located in 13 markets.
price ($mm)
$2.80
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 5/16/2013 via PR Newswire

Jim Pattison Broadcast Group, acquired QX 104 FM

synopsis: The Jim Pattison Broadcast Group Limited Partnership (Pattison) announced its acquisition of an FM radio station from Astral Media Inc. The station is called QX 104 (CFQX-FM), providing country music to Winnipeg, CA.
buyer parent:Jim Pattison Group
buyer: Jim Pattison Broadcast Group
The Jim Pattison Broadcast Group, with its headquarters in Kamloops, B.C. is the industry's largest private, western-based broadcast group, currently operating 30 FM radio stations, as well as three conventional television stations, in British Columbia and Alberta.
target parent: Astral Media Inc.
target: QX 104 FM
CFQX-FM is a country music radio station in Winnipeg, Manitoba. The station currently operates out of studios in downtown Winnipeg, at 177 Lombard Avenue. It broadcasts at 104.1 on the FM dial.
price ($mm)
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announced 12/14/2012 via PR Newswire

Newcap Radio, will acquire 103.5 The Eagle

synopsis: Newcap Radio has received approval from the Canadian Radio-television and Telecommunications Commission for the purchase of 70.1% of the shares of 103.5 The Eagle radio in Sydney, Nova Scotia. 103.5 The Eagle plays country music.
buyer parent:Newfoundland Capital Corp. Ltd.
buyer: Newcap Radio
Newcap Radio is one of Canada's leading radio broadcasters with 86 licences across Canada. The company reaches millions of listeners each week through a variety of formats and is a recognized industry leader in radio programming, sales and networking.
target: 103.5 The Eagle
CKCH-FM is a Canadian radio station broadcasting from Sydney, Nova Scotia on the FM dial at 103.5 MHz, identified on-air as 103.5 The Eagle. The station plays country music.
price ($mm)
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announced 6/15/2006 via BNC Analysis

Red Rock Radio Corp., will purchase nine radio stations from Quarn-strom Media Group LLC

synopsis: Red Rock Radio Corp is buying nine radio stations from Quarn-strom Media Group LLC of Cloquet. Assuming the transaction goes through, Red Rock's stable of stations will grow from seven to 16. Red Rock is expected to pay Quarnstrom $7.5 million for the nine stations.
buyer: Red Rock Radio Corp.
Red Rock Radio is a Duluth-based radio broadcasting company.
seller: Quarn-strom Media Group LLC
Quarn-strom Media Group owns and operates radio stations in Minnesota and Wisconsin.
price ($mm)
$7.50
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 5/3/2013 via BusinessWire

Journal Broadcast Group, Inc., acquired 100.3 WNOX FM

synopsis: Journal Broadcast Corporation, a subsidiary of Journal Communications, Inc. announced that it has purchased 100.3 WNOX FM, licensed to Oak Ridge, TN, in the Knoxville, TN market from Oak Ridge FM, Inc. WNOX is a radio station in the Knoxville, Tennessee area. It broadcasts a news-talk format.
buyer parent:Journal Communications Inc.
buyer: Journal Broadcast Group, Inc.
The mission of the Journal Broadcast Group is to be America’s best local broadcast company through relevant locally targeted programming creating effective marketing solutions for its advertisers, resulting in dynamic and sustained growth for its employee owners.
target: 100.3 WNOX FM
100.3 WNOX FM is a radio station in the Knoxville, Tennessee area. It broadcasts a news-talk format. WNOX operates a 100,000-watt transmitter, located on Cross Mountain (elevation 3534 ft.) north of Briceville, Tennessee.
price ($mm)
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announced 2/28/2011 via PR Newswire

Max Media Group, will acquire Golden Voice Media, LLC

synopsis: Max Media Group, Inc. has announced that it has entered a Letter of Intent to acquire majority control of Golden Voice Media, LLC, a multimedia advertising, production and distribution company that owns the Talent Development rights to Ted "Golden Voice" Williams, the homeless man with the Golden Voice that generated national media attention.
buyer: Max Media Group(MXMI:$259.93)
Max Media Group, Inc. is a developer of online integrated digital publishing/distribution platforms for high-end internet consumer segments. Max Media's mission is to be the premier operator and developer of low cost high revenue online integrated publishing/interactive social networks.
target: Golden Voice Media, LLC
Golden Voice Media, LLC is a new multimedia advertising, production and distribution company that owns the Talent Development rights to Ted "Golden Voice" Williams, the homeless man with the Golden Voice that generated national media attention.
price ($mm)
rev ($mm)
EBITDA ($mm)
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announced 2/7/2013 via BNC Analysis

Pat Garrett, will acquire WTPA-FM

synopsis: Country singer/songwriter Pat Garrett is set to purchase Harrisburg’s classic rock FM, WTPA, 92.1. WTPA-FM is Central Pennsylvania's only remaining independent rock station.
buyer: Pat Garrett
Pat Garrett is a country singer and songwriter. Pat is best known for his many country songs, including “In the Blue Mountains,” as owner of “The Pat Garrett Amphitheater,” owner of country radio station WWSM, and helping country superstar Taylor Swift get her start.
target: WTPA-FM
WTPA (92.1 FM) is a rock music formatted radio station in Harrisburg, Pennsylvania.
price ($mm)
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closed 2/6/2013 via Company Press Release

H Bauer Publishing, acquired Planet Rock

synopsis: Bauer Media UK announces it has acquired Planet Rock, the multi Sony Award-winning national digital radio station which broadcasts classic rock music to listeners across the UK.
buyer parent:Bauer Media Group
buyer: H Bauer Publishing
H Bauer is the largest consumer magazine publishing company in the UK, playing a primary role in the Women’s Weeklies, Women’s Interest, Women’s Lifestyle, TV Listings, Puzzles, Men’s Lifestyle, Music & Film and Specialist magazine markets.
target: Planet Rock
Planet Rock is the largest digital only commercial radio station in the UK, playing rock music from the 70s, 80s, 90s, 00s and the present day. Planet Rock was founded in 1999 as the only classic rock radio station in the UK at that time.
price ($mm)
$3.15
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 6/25/2012 via PR Newswire

Energy Quest, Inc., will be merged with Beach City Radio

synopsis: Energy Quest, Inc., a wholly owned subsidiary of Quest Communications, has signed an agreement to purchase Beach City Radio. Beach City Radio is a sponsor supported radio broadcasting network in the Clearwater, Florida area. It provides CLASSIC HITS - the industry's leading 24-Hour format.
buyer: Energy Quest, Inc.
Energy Quest, Inc. a Nevada Corporation, a waste to energy company in the development, construction and marketing of low-cost alternate power and fuels worldwide. Through superior technology, the Company is focused on becoming a GreenPowerhouse(TM).
target: Beach City Radio
Beach City Radio is a sponsor supported radio broadcasting network in the Clearwater, Florida area. It provides CLASSIC HITS - the industry's leading 24-Hour format. The network specializes in a high-energy radio presentation featuring the greatest hits from the 60's, 70's and 80's.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 6/19/2012 via BNC Analysis

Crain Media Group, LLC, will acquire HANK 105.7

synopsis: Malvern Entertainment Corporation is selling Classic Country KHAN (HANK 105.7)/Kensett, Arkansas to Crain Media Group, LLC for $566,000. HANK 105.7 is Central Arkansas' newest radio station, playing Pure Country Music for White, Lonoke, Cleburne Counties and surrounding areas.
buyer: Crain Media Group, LLC
Crain Media Group, LLC owns radio stations in three Arkansas Markets; Little Rock, Conway and Searcy. They are locally owned and operated, and committed to providing the best of service to listeners, advertisers and communities.
target parent: Malvern Entertainment Corporation
target: HANK 105.7
HANK 105.7 is Central Arkansas' newest radio station, playing Pure Country Music for White, Lonoke, Cleburne Counties and surrounding areas.
price ($mm)
$0.57
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 5/30/2012 via BNC Analysis

Kinoshita Management Co., Ltd, will acquire FM Inter-Wave Inc.

synopsis: FM Inter-Wave Inc. is to be sold to Kinoshita Management Co., Ltd. FM Inter-Wave Inc. is a radio station dedicated to the music manufactured and played worldwide 90% of the time while the remaining 10% goes to the domestic music known as J-pop, selected in large part by the Music Director.
buyer: Kinoshita Management Co., Ltd
Kinoshita Management Co., Ltd is a real estate company whose core businesses include: investment condominium delvelopment, design, construction and sales as well as real estate and apartment management.
target: FM Inter-Wave Inc.
FM Inter-Wave Inc. is a radio station dedicated to the music manufactured and played worldwide 90% of the time while the remaining 10% goes to the domestic music known as J-pop, selected in large part by the Music Director.
price ($mm)
$7.46*
rev ($mm)
$8
EBITDA ($mm)
EV / rev
1.0x
EV / EBITDA
announced 5/24/2012 via BNC Analysis

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

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 5/16/2012 via BNC Analysis

Nelonen Media, will acquire Metroradio Finland Oy

synopsis: Nelonen Media, part of Sanoma Media Finland, is to extend its portfolio of radio stations, based on Radio Aalto and Radio Rock, by purchasing Radio SuomiPOP, Groove FM, and Metro FM. Following the acquisition, Nelonen Media will become the market leader in Finnish commercial radio.
buyer parent:Sanoma Oyj
buyer: Nelonen Media
Nelonen Media is a developing and growing multimedia company that offers a wide range of entertainment content to consumers in Finland through television, radio and online media.
target: Metroradio Finland Oy
Metroradio Finland Oy operates three radio stations, and Mediasales Finland Oy, which manages the stations' media sales. Radio SuomiPOP is Finland's third-largest commercial radio station and Groove FM the eighth-largest, while Metro FM is the largest local radio station in Greater Helsinki.
price ($mm)
rev ($mm)
$6
EBITDA ($mm)
EV / rev
0.0x
EV / EBITDA
closed 4/29/2012 via New York Times

98.7 Kiss FM merged with WBLS,

synopsis: WBLS (107.5 FM), an urban adult contemporary FM radio station in New York City, has acquired and merged with WRKS, known as Kiss-FM, (98.7 FM), an urban adult contemporary radio station in New York City, from Emmis Communications.
buyer parent:YMF Media
buyer: WBLS
WBLS is an urban adult contemporary FM radio station in New York City, operating on 107.5 MHz. WBLS is owned by Inner City Broadcasting Corporation.
target parent: Emmis Communications Corporation
target: 98.7 Kiss FM
WRKS 98.7 Kiss FM is an urban adult contemporary radio station in New York City.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
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closed 4/2/2012 via BusinessWire

Entercom Communications Corporation, acquired KBLX-FM

synopsis: Entercom Communications Corp. announced the signing of a definitive agreement to acquire 102.9 KBLX-FM from Inner City Media Corporation and its subsidiaries. KBLX is the leading urban station in the San Francisco market.
buyer: Entercom Communications Corporation(ETM:$372.43)
Entercom Communications Corp. is one of the five largest radio broadcasting companies in the United States, with a nationwide portfolio of 110 stations in 23 markets, including San Francisco, Boston, Seattle, Denver, Portland, Sacramento and Kansas City.
target parent: Inner City Broadcasting Corporation
target: KBLX-FM
102.9 KBLX-FM is a radio broadcaster located in San Francisco, California. It delivers a sound encompassing a wide range of music from Pop, R&B, Jazz Instrumentals and Soundtrack recordings.
price ($mm)
$25
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 7/20/2011 via BusinessWire

McKay Productions LLC, acquired KRML

synopsis: Carmel radio station KRML, one of the world’s most recognizable stations has been sold to McKay Productions LLC, owned by Scot McKay, a local Carmel businessman and music enthusiast. KRML Radio is known for its commitment to Jazz and is the only local radio station broadcasting Jazz, 24 hours a day.
buyer: McKay Productions LLC
McKay Productions, LLC is a production company owned by Scot McKay. Scot McKay is involved in a variety of International and National business ventures, but may be best known locally as the owner of CVAC, Carmel Valley Athletic Club.
target: KRML
KRML is a Carmel, CA-based radio station. It is known for its commitment to Jazz and is the only local radio station broadcasting Jazz, 24 hours a day. KRML is available locally at 1410 AM and is streamed 24/7 worldwide over the web at KRML.com.
price ($mm)
$0.15
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 4/19/2011 via Company Press Release

Southern Cross Media Group, acquired Austereo Group Ltd.

synopsis: Southern Cross Media Group announced that they have complete their acquisition of radio network owner and operator Austereo. Both companies are based in Australia.
buyer: Southern Cross Media Group(SOUTF:$452.92)
Southern Cross Media Group Limited provides media services in Australia. It engages in the broadcasting of regional free to air commercial television and radio stations; and the management of online radio content.
target parent: Village Roadshow Ltd.
target: Austereo Group Ltd.
Austereo Group Limited, together with its subsidiaries, engages in commercial radio broadcasting operations in Australia. It operates three radio networks, including Today, Triple M and Radar Radio.
price($mm)[EV]
$763 [$979]
rev ($mm)
$297
EBITDA ($mm)
$98
EV / rev
3.3x
EV / EBITDA
10.0x
announced 9/21/2009 via PR Newswire

Wgbh Tv-Channel 2, will acquire WCRB-FM

synopsis: Public service broadcaster WGBH announced plans to acquire New England's leading all-classical music station WCRB 99.5FM from Nassau Broadcasting Partners of New Jersey. WCRB is a 27,000-watt station, deeply rooted in the Boston region, serving audiences for more than 60 years with a broad reach in New England.
buyer: Wgbh Tv-Channel 2
WGBH Boston is America's preeminent public broadcaster, producing such award-winning PBS series as Masterpiece, Antiques Roadshow, Frontline, Nova, American Experience, Arthur, Curious George, and more than a dozen other prime-time, lifestyle, and children's series.
target parent: Nassau Broadcasting Partners
target: WCRB-FM
WCRB is a 27,000-watt station, deeply rooted in the Boston region, serving audiences for more than 60 years with a broad reach in New England, drawing some 340,000 loyal listeners each week.
price ($mm)
$14
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 8/4/2009 via

WNYC, acquired WQXR

synopsis: The New York Times Company has entered into an agreement with WNYC Radio for the sale of WQXR-FM, its New York City classical music radio station. WNYC Radio will purchase the FCC license for 105.9 FM, all related transmitting equipment and WQXR’s call letters and Web site from the Times Company for $11.5 million.
buyer parent:Thomas H. Lee Partners, L.P.
buyer: WNYC
As America's most listened-to public radio stations, reaching more than one million listeners every week, WNYC extends New York City's cultural riches to the entire country on-air and online, and presents the best national offerings from networks NPR, PRI and APM.
target parent: The New York Times Company
target: WQXR
WQXR has provided classical music and other cultural programming to listeners in the New York metropolitan area for the last 73 years.
price ($mm)
$45
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 7/14/2008 via Radio Online

New South Radio Inc, will purchase Variety Hits WWJK-FM from Backyard Broadcasting

synopsis: New South Radio has agreed to acquire Variety Hits WWJK-FM (94.7)/Jackson, MS, from Backyard Broadcasting of Mississippi. Terms were not disclosed.
buyer: New South Radio Inc
New South Radio Inc is located in Ridgeland, MS. New South owns and operates Wjkk Fm Radio.
seller: Backyard Broadcasting
Backyard Broadcasting is committed to the communities it serves with facilities located in New York, South Dakota, Pennsylvania, Mississippi, Indiana and corporate offices in Jacksonville, Florida.
price ($mm)
$3.80
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
*Price paid does not equal Enterprise Value as the buyer aqcuired less than 100% of target
closed 4/30/2012 via BNC Analysis

TownSquare Media, purchased 55 stations in 11 non-strategic markets from Cumulus Media Inc.

synopsis: Townsquare Media, LLC announced that it has executed definitive documentation related to an asset exchange with Cumulus Media Inc. whereby Townsquare Media will acquire 55 stations in 11 markets in exchange for 10 stations in two markets and approximately $116 million in cash.
buyer: TownSquare Media(:$96.34)
Townsquare Media, LLC is a local media and entertainment company that owns and operates radio, digital and live event properties. The Company specializes in creating and distributing original entertainment, music and lifestyle content.
seller: Cumulus Media Inc.(CMLS:$549.54)
Cumulus Media is the largest pure-play radio broadcaster in the United States, and owns or operates more than 570 radio stations in 120 markets and a nationwide radio network serving over 4000 stations. Cumulus Media’s headquarters are in Atlanta, Georgia.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
cancelled 12/1/2010 via

TownSquare Media, cancelled a purchase of 12 Radio Stations in WA from New Northwest Broadcasters, LLC

synopsis: Townsquare Media, LLC announced that it has executed a definitive agreement to purchase 12 radio stations currently owned by New Northwest Broadcasting, LLC in the Tri-Cities and Yakima, Washington markets.
buyer: TownSquare Media(:$96.34)
Townsquare Media, LLC, is a local media company focused on acquiring, developing and operating radio stations and digital properties in mid-sized markets. Townsquare Media owns and operates 171 radio stations and associated digital assets in market-leading clusters in 36 U.S. cities.
seller: New Northwest Broadcasters, LLC
New Northwest Broadcasters, LLC exists to serve four main constituencies: listeners, advertisers, the communities, and employees.
price ($mm)
$6.00
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 12/15/2006 via

Regent Communications, Inc., purchased WBLK-FM, WBUF-FM, WJYE-FM, WYRK-FM and WECK-AM in Buffalo, New York. from CBS Radio, Inc.

synopsis: Regent Communications, Inc. has entered into a definitive agreement to acquire WBLK-FM, WBUF-FM, WJYE-FM, WYRK-FM and WECK-AM serving the Buffalo, New York market from CBS Corporation for $125.0 million in cash.
buyer: Regent Communications, Inc.(:$96.34)
Regent Communications is a radio broadcasting company focused on acquiring, developing and operating radio stations in middle and small-sized markets. Upon the completion of all announced transactions, Regent will own and operate 63 stations located in 13 markets.
seller parent: CBS Corporation
seller: CBS Radio, Inc.
CBS Radio is one of the largest major-market operators in the United States with stations covering news, alternative rock, country, FM talk, classic rock, oldies, JACK and urban formats, among others.
price ($mm)
$125
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 8/25/2006 via PR Newswire

W. Russell Withers, Jr., will purchase WYNG-FM serving Evansville, Indiana from Regent Communications, Inc.

synopsis: Regent Communications, Inc. has entered into a definitive agreement to divest WYNG-FM serving the Evansville, Indiana market to W. Russell Withers, Jr. for $1.5 million in cash.
buyer: W. Russell Withers, Jr.
W. Russell Withers, Jr. is an individual investor.
seller: Regent Communications, Inc.(:$96.34)
Regent Communications is a radio broadcasting company focused on acquiring, developing and operating radio stations in middle and small-sized markets. Upon the completion of all announced transactions, Regent will own and operate 63 stations located in 13 markets.
price ($mm)
$1.50
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 11/30/2006 via

Mapleton Communications, purchased 10 Radio stations from Regent Communications, Inc.

synopsis: Regent Communications, Inc. has entered into a definitive agreement to divest 10 radio stations serving the Redding and Chico, California markets to Mapleton Communications for $17.5 million in cash.
buyer: Mapleton Communications
Mapelton Communications was formed in 2001 to acquire and operate radio stations in mid-size and small markets throughout the Western Region of the United States. Mapelton Communications presently owns and operates 27 radio stations in California and Oregon.
seller: Regent Communications, Inc.(:$96.34)
Regent Communications is a radio broadcasting company focused on acquiring, developing and operating radio stations in middle and small-sized markets. Upon the completion of all announced transactions, Regent will own and operate 63 stations located in 13 markets.
price ($mm)
$18
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 1/4/2007 via

Regent Communications, Inc., purchased WNYQ-FM from Vox Radio Group, LP

synopsis: Regent Communications, Inc. announced that it has entered into a definitive agreement to acquire WNYQ-FM serving the Capital Region in Albany, New York from Vox Radio Group for approximately $4.9 million in cash.
buyer: Regent Communications, Inc.(:$96.34)
Regent Communications is a radio broadcasting company focused on acquiring, developing and operating radio stations in middle and small-sized markets. Upon the completion of all announced transactions, Regent will own and operate 63 stations located in 13 markets.
seller: Vox Radio Group, LP
Vox Radio Group, LP is a small-market radio broadcasting company formed in August 1999. Vox's strategy is to consolidate and operate regional clusters of radio stations throughout the Northeastern United States.
price ($mm)
$4.90
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 9/19/2006 via

Regent Communications, Inc., purchased WZPW-FM and WXMP-FM from AAA Entertainment Radio Group

synopsis: Regent Communications, Inc. announced today two transactions that will significantly strengthen the company's presence in the Peoria, Illinois market. Regent has entered into a definitive agreement to acquire two Class "B" FM stations, WZPW-FM and WXMP-FM, from AAA Entertainment for approximately $12.5 million in cash.
buyer: Regent Communications, Inc.(:$96.34)
Regent Communications is a radio broadcasting company focused on acquiring, developing and operating radio stations in middle and small-sized markets. Upon the completion of all announced transactions, Regent will own and operate 63 stations located in 13 markets.
seller: AAA Entertainment Radio Group
AAA Entertainment Radio Group operates radio stations in Illinois.
price ($mm)
$13
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 5/11/2006 via PR Newswire

Independence Media, will purchase WIXO-FM, WVEL-FM and WPIA-FM from Regent Communications, Inc.

synopsis: Regent Communications, Inc. announced today that it has entered into a definitive agreement with Independence Media to sell three Class "A" FM radio stations, WIXO-FM, WVEL-FM and WPIA-FM, for approximately $2.8 million.
buyer: Independence Media
Independence Media is an FM radio station operator.
seller: Regent Communications, Inc.(:$96.34)
Regent Communications is a radio broadcasting company focused on acquiring, developing and operating radio stations in middle and small-sized markets. Upon the completion of all announced transactions, Regent will own and operate 63 stations located in 13 markets.
price ($mm)
$2.80
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 5/11/2006 via PR Newswire

Independence Media, will purchase WIXO-FM, WVEL-FM and WPIA-FM from Regent Communications, Inc.

synopsis: Regent Communications, Inc. announced today that it has entered into a definitive agreement with Independence Media to sell three Class "A" FM radio stations, WIXO-FM, WVEL-FM and WPIA-FM, for approximately $2.8 million.
buyer: Independence Media
Independence Media is an FM radio station operator.
seller: Regent Communications, Inc.(:$96.34)
Regent Communications is a radio broadcasting company focused on acquiring, developing and operating radio stations in middle and small-sized markets. Upon the completion of all announced transactions, Regent will own and operate 63 stations located in 13 markets.
price ($mm)
$2.80
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 7/3/2012 via BNC Analysis

Bob Cole, acquired KOKE-FM

synopsis: Bob Cole has teamed with Austin attorney Jason Nassour and former KVET morning show producer and afternoon host Eric Raines to acquire the 99.3 FM frequency from broadcaster Dick Oppenheimer. KOKE-FM (99.3 FM) is a radio station broadcasting progressive country music.
buyer: Bob Cole
Bob Cole is a former morning host of 98.1 KVET-FM. Cole has teamed with Austin attorney Jason Nassour and former KVET morning show producer and afternoon host Eric Raines to acquire the 99.3 FM frequency from broadcaster Dick Oppenheimer.
target: KOKE-FM
KOKE-FM (99.3 FM) is a radio station broadcasting progressive country music. Licensed to Thorndale, Texas, KOKE-FM serves the Austin, Texas area.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 6/25/2012 via BNC Analysis

Global Radio UK, acquired GMG Radio

synopsis: Global Radio has acquired GMG Radio from Guardian Media Group PLC. The acquisition includes the network of stations operating under the Real Radio and Smooth Radio brand names. GMG Radio was launched in 1999 and has a total share of the radio listening market of 4.5%.
buyer: Global Radio UK
Global Radio is the UK's premier radio company and the home of the UK's leading commercial radio brands. Based in London's Leicester Square and with stations and hubs in over 22 locations across the UK, Global Radio is the model of efficient, brand driven, market leading radio.
target parent: Guardian Media Group plc
target: GMG Radio
GMG Radio is one of Britain's leading radio businesses encompassing the Real Radio, Smooth Radio and Rock Radio brands. The group has 13 stations across London, Wales, Scotland, Yorkshire, East and West Midlands and the North East and North West of England.
price ($mm)
$109
rev ($mm)
EBITDA ($mm)
$5
EV / rev
EV / EBITDA
23.3x
closed 6/14/2012 via BNC Analysis

Empire Broadcasting Corporation, purchased 4 Albany Area Radio Stations from Anastos Media Group, Inc.

synopsis: Joe Reilly, the former head of the New York State Broadcaster’s Association, purchased four Albany area stations. Reilly’s newly formed Empire Broadcasting Corp, paid Anastos Media Group Inc., for WVKZ, 1240 AM in Schenectady; WABY, 1160 AM in Mechanicville; WQAR, 101.3 in Stillwater; and WUAM, 900 AM in Watervliet.
buyer: Empire Broadcasting Corporation
Empire Broadcasting Corporation is owned by Joe Reilly, the former head of the NY State Broadcaster's Assocation.
seller: Anastos Media Group, Inc.
Anastos Media Group owns and operates radio stations in the New York area.
price ($mm)
$1.20
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 4/30/2012 via BNC Analysis

TownSquare Media, purchased 55 stations in 11 non-strategic markets from Cumulus Media Inc.

synopsis: Townsquare Media, LLC announced that it has executed definitive documentation related to an asset exchange with Cumulus Media Inc. whereby Townsquare Media will acquire 55 stations in 11 markets in exchange for 10 stations in two markets and approximately $116 million in cash.
buyer: TownSquare Media(:$96.34)
Townsquare Media, LLC is a local media and entertainment company that owns and operates radio, digital and live event properties. The Company specializes in creating and distributing original entertainment, music and lifestyle content.
seller: Cumulus Media Inc.(CMLS:$549.54)
Cumulus Media is the largest pure-play radio broadcaster in the United States, and owns or operates more than 570 radio stations in 120 markets and a nationwide radio network serving over 4000 stations. Cumulus Media’s headquarters are in Atlanta, Georgia.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 4/26/2012 via PR Newswire

Westerkirk Capital Inc., will acquire Vista Broadcast Group Inc.

synopsis: Vista Radio Ltd. and Westerkirk Capital Inc. announced that Westerkirk has agreed to purchase all of the shares not owned by management of Vista Radio's parent company, Vista Broadcast Group Inc. Vista Broadcast Group, or Vista Radio, is a Canadian radio broadcasting company, which operates radio stations in Western Canada.
buyer: Westerkirk Capital Inc.
Westerkirk Capital Inc. is a principal investment firm. The firm seeks to make investments in hospitality, aviation and real estate sectors. It focuses on businesses based primarily in Canada. The firm makes equity investments between $15 million and $40 million.
target: Vista Broadcast Group Inc.
Vista Radio, Ltd. owns and operates radio stations in British Columbia, Alberta, and the Northwest Territories. It also offers internship programs to new Canadians and various foreign trained broadcasters. The company was founded in 2004 and is based in Courtenay, Canada.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 4/26/2012 via PR Newswire

Vista Broadcast Group Inc., will acquire Haliburton Broadcasting Group Inc.

synopsis: Vista Radio has entered into an agreement to purchase the radio broadcast business of Haliburton Broadcasting Group Inc. Haliburton operates 24 radio stations throughout Ontario, primarily under the strong MooseFM brand, with stations throughout Muskoka cottage country and as far north as Timmins and surrounding communities.
buyer: Vista Broadcast Group Inc.
Vista Radio, Ltd. owns and operates radio stations in British Columbia, Alberta, and the Northwest Territories. It also offers internship programs to new Canadians and various foreign trained broadcasters. The company was founded in 2004 and is based in Courtenay, Canada.
target: Haliburton Broadcasting Group Inc.
Haliburton was founded in 1997 by Christopher Grossman. It operates 24 radio stations throughout Ontario, primarily under the strong MooseFM brand, with stations throughout Muskoka cottage country and as far north as Timmins and surrounding communities and as far south as Niagara.
price ($mm)
$32
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 4/25/2012 via BNC Analysis

Vista Broadcast Group Inc., will acquire Westwave Broadcasting Inc.

synopsis: Vista Broadcast Group is buying Classic Hits radio station CKAY (91.7 The Coast)/Sechelt, BC from Westwave Broadcasting, also for an undisclosed price. Vista owns 38 stations in British Columbia.
buyer: Vista Broadcast Group Inc.
Vista Radio, Ltd. owns and operates radio stations in British Columbia, Alberta, and the Northwest Territories. It also offers internship programs to new Canadians and various foreign trained broadcasters. The company was founded in 2004 and is based in Courtenay, Canada.
target: Westwave Broadcasting Inc.
Westwave Broadcasting Inc. is a FM radio station based in Sechelt, Canada.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 4/12/2012 via BNC Analysis

97.9 WRMF Radio, purchased 3 Palm Beach radio stations from CBS Radio, Inc.

synopsis: CBS Corp. agreed to sell three popular local radio stations, with rights to sell two more, to Palm Beach Broadcasting for $50 million. The five CBS stations are: "Country 107.9" WIRK; AC "Sunny 104.3" WEAT-FM; Urban AC "B106.3" WHFS; Rhythmic "X102.3" WMBX; And WPBZ.
buyer parent:WRMF-FM LLC
buyer: 97.9 WRMF Radio
Cobalt Operating, LLC, doing business as 97.9 WRMF Radio, operates a Hot Adult Contemporary radio channel. It also broadcasts community events, contests, e-requests, games, horoscopes, movie reviews and trailers, music news, new on DVD, top stories, traffic updates, and more.
seller parent: CBS Corporation
seller: CBS Radio, Inc.
CBS Radio is one of the largest major-market operators in the United States with stations covering news, alternative rock, country, FM talk, classic rock, oldies, JACK and urban formats, among others.
price ($mm)
$43
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 3/17/2012 via BNC Analysis

Port Broadcasting, LLC, acquired AM 1220

synopsis: New England-based Port Broadcasting, LLC has purchased Sanford's radio station AM 1220 from FNX Broadcasting of Boston.
buyer: Port Broadcasting, LLC
Port Broadcasting, LLC owns and operates radio broadcasting stations.
target parent: FNX Broadcasting
target: AM 1220
AM 1220 radio station serves the Sanford, Maine area.
price ($mm)
$0.04
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 6/25/2012 via BusinessWire

Journal Broadcast Group, Inc., purchased 106.9 KHTT FM and 92.9 BOB FM from Renda Broadcasting Corporation

synopsis: Journal Broadcast Group, a subsidiary of Journal Communications, Inc., has completed the purchase of 106.9 KHTT FM (Contemporary Hits) and 92.9 BOB FM (Adult Contemporary Variety) in Tulsa, OK, from Renda Broadcasting Corporation.
buyer parent:Journal Communications Inc.
buyer: Journal Broadcast Group, Inc.
The mission of the Journal Broadcast Group is to be America’s best local broadcast company through relevant locally targeted programming creating effective marketing solutions for its advertisers, resulting in dynamic and sustained growth for its employee owners.
seller: Renda Broadcasting Corporation
KHTT (106.9 K-HITS) is a Top 40 Mainstream radio station serving the Tulsa, Oklahoma, area of the USA. KBEZ (92.9 FM, "BOB FM") is an Adult Hits music formatted radio station in Tulsa, Oklahoma, USA.
price ($mm)
$12
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 12/23/2011 via Company Press Release

CJSC Holding Company Siberian Business Union, acquired Europa Media Group

synopsis: Lagardère SCA's Lagardère Active division has sold its Russian Radio business, Europa Media Group, to several private Russian investors, including CJSC Holding Company Siberian Business Union and EnergoKuzbass. Lagardère was advised by Sociéte Générale for this operation.
buyer: CJSC Holding Company Siberian Business Union
CJSC Holding Company Siberian Business Union mines coal; manufactures rail cars; provides railway cargo carriage services; and produces heat and electric power, electric motors, mine equipment, chemical industry equipment, grains, meat, milk, and souvenir and promotional products.
target parent: Lagardère SCA
target: Europa Media Group
Europa Media Group owns and operates radio broadcasting stations. The company is based in Moscow, Russia.
price ($mm)
$160
rev ($mm)
$56
EBITDA ($mm)
EV / rev
2.9x
EV / EBITDA
announced 12/19/2011 via Company Press Release

Astral Media Radio Inc., will acquire Shore Media Group Inc.

synopsis: Astral Media Radio Inc., a subsidiary of Astral Media Inc., announced that it has received authorization from the CRTC to acquire Shore Media Group Inc., the radio licence holder for CHHR FM 104.3 (Shore FM), broadcasting in Vancouver, British Columbia.
buyer parent:Astral Media Inc.
buyer: Astral Media Radio Inc.
From every perspective, including revenues, number of stations and employees, Astral Media Radio is Canada's largest radio broadcaster. The Astral Radio group includes some of the radio industry's most dynamic, highly-recognized and respected brands.
target: Shore Media Group Inc.
Shore Media Group Inc. operates radio broadcasting station, 104.3 fm, in Vancouver, Canada.
price ($mm)
$12
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 11/16/2011 via BNC Analysis

Davis Media, LLC, purchased Several Local Radio Stations from Sea-Comm, Inc.

synopsis: Davis Media LLC, which owns WBQK-FM (107.9) & WTYD-FM (92.3) in Williamsburg, Virginia, is adding a new market in North Carolina, after agreeing to an asset purchase agreement to acquire the Sea-Comm cluster or radio stations in Wilmington, pending FCC approval.
buyer: Davis Media, LLC
Davis Media, LLC owns WBQK-FM and WTYD-FM , a radio station in Virginia.
seller: Sea-Comm, Inc.
Sea-Comm Media owns and operates 103.7 The Bone, 106.7 The Penguin, and 93.7 and 106.3 The Big Talker FM in Southeastern North Carolina.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 9/1/2011 via PR Newswire

GTCR, LLC, acquired Merlin Media, LLC

synopsis: Emmis Communications Corporation has completed the transfer of WKQX-FM, WLUP-FM, and WRXP-FM to Merlin Media LLC , and the sale of a controlling interest in Merlin Media to Chicago-based private equity firm GTCR and Randy Michaels.
buyer: GTCR, LLC
Founded in 1980, GTCR is a leading private equity firm focused on investing in growth companies in the Financial Services & Technology, Healthcare and Information Services & Technology industries.
target parent: Emmis Communications Corporation
target: Merlin Media, LLC
Merlin Media operates WKQX-FM (101.1 MHz, Chicago, IL), WLUP-FM (97.9 MHz, Chicago, IL) and WRXP-FM (101.9 MHz, New York, NY).
price ($mm)
$120
rev ($mm)
$25
EBITDA ($mm)
EV / rev
4.8x
EV / EBITDA
announced 6/15/2011 via Market Wire

STARadio Corp., will purchase 6 Radio Stations from Fisher Communications, Inc.

synopsis: Fisher Communications, Inc., a leader in local media innovation, announced that it has entered into a definitive agreement to sell its six Great Falls, Montana radio stations to STARadio Corp. STARadio Corp. is one of the premier radio groups in the Midwest serving communities in and around Kankakee and Quincy, Illinois and Hannibal, Missouri.
buyer: STARadio Corp.
STARadio Corporation is one of the premier radio groups in the Midwest serving communities in and around Kankakee and Quincy, Illinois and Hannibal, Missouri.
seller: Fisher Communications, Inc.(FSCI:$168.20)
Fisher Communications is an innovative local media company with television, radio, internet and mobile operations throughout the western United States. Fisher operates 20 television stations, which include network affiliations with ABC, CBS, FOX, Univision and CW.
price ($mm)
$1.80
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 4/12/2011 via BusinessWire

Magic Johnson Enterprises, The Yucaipa Companies, will purchase KVIB-FM, KKFR-FM, and KEXX-FM Radio Stations from Atmor Properties Inc.

synopsis: The Yucaipa Companies and Magic Johnson Enterprises announced that they have reached an agreement with Atmor Properties Inc. to purchase three FM radio stations in Phoenix, AZ: KVIB-FM, KKFR-FM, and KEXX-FM. The new organization will operate under the name Riviera Broadcasting, LLC.
buyer: The Yucaipa Companies
buyer: Magic Johnson Enterprises
The Yucaipa Companies is a premier investment firm that has established a record of fostering economic value through the growth and responsible development of companies. Founded in 1986 by Ron Burkle, the firm has completed mergers and acquisitions valued at more than $30 billion.
seller: Atmor Properties Inc.
Atmor Properties Inc. owns and controls the equity of Riviera Broadcast Group, LLC.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 9/16/2011 via BusinessWire

Citadel Broadcasting Company merged with Cumulus Media Inc.,

synopsis: Cumulus Media Inc. announced that it has completed its previously announced acquisition of Citadel Broadcasting Corporation, and as a result Citadel is now an indirect wholly-owned subsidiary of Cumulus. Citadel Broadcasting is the largest pure play radio company in the United States.
buyer: Cumulus Media Inc.(CMLS:$549.54)
Cumulus Media Inc. is the second largest radio broadcaster in the United States based on station count, controlling approximately 345 radio stations in 67 U.S. media markets.
target parent: Forstmann Little & Co.
target: Citadel Broadcasting Company(CDL:$740.91)
Citadel Broadcasting is the largest pure play radio company in the United States. With a strong national footprint reaching more than 50 of the nation’s leading markets, the company is comprised of 165 FM stations and 58 AM stations.
price($mm)[EV]
$1,805 [$2,443]
rev ($mm)
$740
EBITDA ($mm)
$229
EV / rev
3.6x
EV / EBITDA
11.6x
closed 3/2/2011 via Market Wire

WRMF-FM LLC, acquired 97.9 MRMF Radio

synopsis: The top adult contemporary radio station serving the Palm Beach, Martin and St. Lucie County markets, WRMF (97.9 FM), has been sold to WRMF-FM, LLC, a partnership with Palm Beach County resident Dean Goodman as CEO and partner.
buyer: WRMF-FM LLC
WRMF-FM, LLC is a partnership with Palm Beach County resident Dean Goodman as CEO and partner.
target: 97.9 MRMF Radio
Cobalt Operating, LLC, doing business as 97.9 WRMF Radio, operates a Hot Adult Contemporary radio channel. It also broadcasts community events, contests, e-requests, games, horoscopes, movie reviews and trailers, music news, new on DVD, top stories, traffic updates, and more.
price ($mm)
$17
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 8/1/2011 via BusinessWire

Cumulus Media Inc., acquired Cumulus Media Partners, LLC

synopsis: Cumulus Media Inc. announced that it has completed the previously announced acquisition of the remaining equity interests of Cumulus Media Partners, LLC (“CMP”) that it did not already own. CMP owns 32 radio stations in nine markets, including San Francisco, Dallas, Houston, Atlanta, Cincinnati, Indianapolis and Kansas City.
buyer: Cumulus Media Inc.(CMLS:$549.54)
Cumulus Media Inc. is the second largest radio broadcaster in the United States based on station count, controlling approximately 345 radio stations in 67 U.S. media markets.
target: Cumulus Media Partners, LLC
Cumulus Media Partners, LLC owns and operates radio broadcasting stations. The company, through its AM and FM radio stations, serves listeners, communities, advertisers, and agencies in Dallas, Houston, Atlanta, Cincinnati, Indianapolis and Kansas City.
price($mm)[EV]
$38 [$745]*
rev ($mm)
$189
EBITDA ($mm)
$77
EV / rev
4.8x
EV / EBITDA
11.7x
announced 1/19/2011 via BusinessWire

Hubbard Broadcasting, Inc., will purchase 17 Radio Stations from Bonneville International Corporation

synopsis: Hubbard Broadcasting, Inc. has entered into an asset purchase agreement to acquire seventeen radio stations from Bonneville International Corporation. Bonneville owns and operates 31 radio stations in the Los Angeles, Chicago, Washington, D.C., Seattle, Phoenix, St. Louis, Cincinnati, and Salt Lake City markets.
buyer: Hubbard Broadcasting, Inc.
Started in 1923, Hubbard Broadcasting, Inc. is an American television and radio broadcasting corporation based in Minneapolis-St. Paul, Minnesota that was started by Stanley E. Hubbard. Hubbard operates four radio stations as well as twelve television stations in Minnesota, New York and New Mexico.
seller: Bonneville International Corporation
Founded in 1964, Bonneville International owns and operates 31 radio stations in the Los Angeles, Chicago, Washington, D.C., Seattle, Phoenix, St. Louis, Cincinnati, and Salt Lake City markets, as well as KSL-Television (NBC affiliate) in Salt Lake City.
price ($mm)
$505
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
*Price paid does not equal Enterprise Value as the buyer aqcuired less than 100% of target

Like WIXO-FM, WVEL-FM and WPIA-FM


Regent Communications, Inc.

QX 104 FM

103.5 The Eagle

Quarn-strom Media Group LLC

100.3 WNOX FM

Golden Voice Media, LLC

WTPA-FM

Planet Rock

Beach City Radio

HANK 105.7

FM Inter-Wave Inc.

KHJK/103.7 FM

Metroradio Finland Oy

98.7 Kiss FM

KBLX-FM

KRML

Austereo Group Ltd.

WCRB-FM

WQXR

Backyard Broadcasting

Cumulus Media Inc.

New Northwest Broadcasters, LLC

CBS Radio, Inc.

Regent Communications, Inc.

Regent Communications, Inc.

Vox Radio Group, LP

AAA Entertainment Radio Group

Regent Communications, Inc.

Regent Communications, Inc.

KOKE-FM

GMG Radio

Anastos Media Group, Inc.

Cumulus Media Inc.

Vista Broadcast Group Inc.

Haliburton Broadcasting Group Inc.

Westwave Broadcasting Inc.

CBS Radio, Inc.

AM 1220

Renda Broadcasting Corporation

Europa Media Group

Shore Media Group Inc.

Sea-Comm, Inc.

Merlin Media, LLC

Fisher Communications, Inc.

Atmor Properties Inc.

Citadel Broadcasting Company

97.9 MRMF Radio

Cumulus Media Partners, LLC

Bonneville International Corporation

Geography
Matching Companies
Ticker:
 
 
 
 
 
 
 
 
103.5 The Eagle
103.5 The Eagle
CKCH-FM is a Canadian radio station broadcasting from Sydney, Nova Scotia on the FM dial at 103.5 MHz, identified on-air as 103.5 The Eagle. The station plays country music.
year
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Quarn-strom Media Group LLC
Quarn-strom Media Group owns and operates radio stations in Minnesota and Wisconsin.
year
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Ticker:
 
 
 
 
 
 
 
 
Beach City Radio
Beach City Radio is a sponsor supported radio broadcasting network in the Clearwater, Florida area. It provides CLASSIC HITS - the industry's leading 24-Hour format. The network specializes in a high-energy radio presentation featuring the greatest hits from the 60's, 70's and 80's.
year
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Ticker:
 
 
 
 
 
 
 
 
KXOJ, Inc.
KXOJ, Inc. owns and operates the KXOJ 100.9 radio station which broadcasts Christian music in Tulsa, Oklahoma.
year
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Metroradio Finland Oy
Metroradio Finland Oy
Metroradio Finland Oy operates three radio stations, and Mediasales Finland Oy, which manages the stations' media sales. Radio SuomiPOP is Finland's third-largest commercial radio station and Groove FM the eighth-largest, while Metro FM is the largest local radio station in Greater Helsinki.
year
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Ticker:
 
 
 
 
 
 
 
 
Super FM
Super FM is a top-40, popular local music station, which also broadcasts local news coverage. The station's reach extends to approximately 45% of the Turkish population, including to listeners in the major cities of Istanbul, Ankara and Izmir.
year
rev ($mm)
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Employees
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Ticker:
 
 
 
 
 
 
 
 
WTPA-FM
WTPA-FM
WTPA (92.1 FM) is a rock music formatted radio station in Harrisburg, Pennsylvania.
year
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Ticker:
 
 
 
 
 
 
 
 
Inner City Media Corp.
Inner City Media owns and operates radio stations in New York, California, South Carolina and Mississippi.
year
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Ticker:
 
 
 
 
 
 
 
 
Gaytan Broadcasting LLC
Gaytan Broadcasting LLC
Gaytan Broadcasting LLC has operated the Heritage Hispanic Radio Station in Tulsa, KXTD 1530AM, branded as "Que Buena," for 14 years.
year
rev ($mm)
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Ticker:
 
 
 
 
 
 
 
 
RadioTime, Inc.
RadioTime is the leading radio tuner that powers Internet services and devices by connecting them to radio DJs, talk personalities, and sports programming. Listeners easily access free, live, local, and global radio programming through RadioTime.
year
rev ($mm)
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Employees
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Hubbard Broadcasting, Inc.
Hubbard Broadcasting, Inc.
Started in 1923, Hubbard Broadcasting, Inc. is an American television and radio broadcasting corporation based in Minneapolis-St. Paul, Minnesota that was started by Stanley E. Hubbard. Hubbard operates four radio stations as well as twelve television stations in Minnesota, New York and New Mexico.
year
rev ($mm)
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EBIT ($mm)
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Employees
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PerreoRadio.com
PerreoRadio.com is a web site with a focus on the growing popularity of Reggaeton music and its DJ's. PerreoRadio.com produces live original radio content with the genre's top DJ's and artists. The site also delivers genre specific streaming radio, music videos, chat rooms, and ring tones.
year
2006
rev ($mm)
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Ticker:
 
 
 
 
 
 
 
 
Classical South Florida
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®.
year
rev ($mm)
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Ticker: VMED
 
 
 
 
 
 
 
 
Virgin Media
Virgin Media
Virgin Media Inc., through its subsidiaries, provides entertainment and communications services in the United Kingdom. The company operates through three segments: Consumer, Business, and Content.
year
2009
rev ($mm)
$3,804.40
EBITDA ($mm)
$1,360.70
EBIT ($mm)
$187.10
Net Income ($mm)
Employees
10939
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Ticker:
 
 
 
 
 
 
 
 
Carma Broadcasting, LLC.
Carma Broadcasting, LLC is a fledgling television broadcast company.
year
rev ($mm)
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Ticker: CMLS
 
 
 
 
 
 
 
 
Cumulus Media Inc.
Cumulus Media Inc.
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.
year
2011
rev ($mm)
$549.54
EBITDA ($mm)
$122.34
EBIT ($mm)
$70.34
Net Income ($mm)
Employees
4261
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Ticker: ETM
 
 
 
 
 
 
 
 
Entercom Communications Corporation
Entercom Communications Corporation
Entercom Communications Corp. is one of the five largest radio broadcasting companies in the United States, with a nationwide portfolio of 110 stations in 23 markets, including San Francisco, Boston, Seattle, Denver, Portland, Sacramento and Kansas City.
year
2009
rev ($mm)
$372.43
EBITDA ($mm)
$94.22
EBIT ($mm)
$78.92
Net Income ($mm)
$5.40
Employees
1560
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Ticker: EMMS
 
 
 
 
 
 
 
 
Emmis Communications Corporation
Emmis Communications Corporation
Emmis Communications Corporation, a diversified media company, engages in radio broadcasting and magazine publishing operations primarily in the United States. It also owns and operates national radio networks in Slovakia and Bulgaria.
year
2012
rev ($mm)
$236.01
EBITDA ($mm)
$22.61
EBIT ($mm)
$14.96
Net Income ($mm)
$26.19
Employees
810
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Ticker: FSCI
 
 
 
 
 
 
 
 
Fisher Communications, Inc.
Fisher Communications, Inc.
Fisher Communications, Inc. is a Seattle-based communications company that owns & operates 13 full power television stations, 7 low power television stations, 3 owned radio stations, one managed radio station in the Western U.S., the Fisher Interactive Network, its online division & Fisher Pathways.
year
2012
rev ($mm)
$168.20
EBITDA ($mm)
$32.55
EBIT ($mm)
$22.72
Net Income ($mm)
$13.19
Employees
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Ticker: NFCAF
 
 
 
 
 
 
 
 
Newfoundland Capital Corp. Ltd.
Newfoundland Capital Corp. Ltd.
Newfoundland Capital Corporation Limited is one of Canada’s leading radio broadcasters with 81 licences across Canada. The company reaches millions of listeners each week through a variety of formats and is a recognized industry leader in radio programming, sales and networking.
year
2011
rev ($mm)
$126.61
EBITDA ($mm)
$35.33
EBIT ($mm)
$31.31
Net Income ($mm)
$26.11
Employees
800
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Ticker: BBGI
 
 
 
 
 
 
 
 
Beasley Broadcast Group, Inc.
Beasley Broadcast Group, Inc.
Beasley Broadcast Group, Inc. is a radio broadcasting company that owns or operates 42 stations (26 FM and 16 AM) located in ten large- and mid-size markets in the United States.
year
2009
rev ($mm)
$96.75
EBITDA ($mm)
$19.12
EBIT ($mm)
$16.22
Net Income ($mm)
$3.45
Employees
417
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Ticker:
 
 
 
 
 
 
 
 
NRG Media, LLC
NRG Media is dedicated to providing Great Local Radio and is committed to being an active and integral part of the communities in which it serves. NRG Media consists of 83 radio stations throughout 7 states in the Midwest and the Waitt Radio Network.
year
2007
rev ($mm)
$54.00
EBITDA ($mm)
EBIT ($mm)
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Employees
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Ticker: US:DBTB
 
 
 
 
 
 
 
 
Debut Broadcasting Corporation, Inc.
Debut Broadcasting Corporation's nine-year old radio syndication company, Impact Radio Networks distributes programming and services to over 1,100 radio station affiliates in the United States and Canada, reaching over 40 million listeners nationwide each week.
year
2009
rev ($mm)
$2.07
EBITDA ($mm)
($0.01)
EBIT ($mm)
($0.18)
Net Income ($mm)
Employees
20
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Ticker:
 
 
 
 
 
 
 
 
Red Zebra Broadcasting LLC
Red Zebra Broadcasting LLC
Red Zebra Broadcasting LLC owns and operates radio stations in Washington and Virginia.
year
2009
rev ($mm)
$1.80
EBITDA ($mm)
EBIT ($mm)
Net Income ($mm)
Employees
35
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Ticker:
 
 
 
 
 
 
 
 
Tallgrass Broadcasting, LLC
Tallgrass Broadcasting, LLC owns and operates radio broadcasting stations. The company is based in Hoffman Estates, Illinois.
year
2009
rev ($mm)
$1.50
EBITDA ($mm)
EBIT ($mm)
Net Income ($mm)
Employees
18
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Ticker:
 
 
 
 
 
 
 
 
103.5 The Eagle
103.5 The Eagle
CKCH-FM is a Canadian radio station broadcasting from Sydney, Nova Scotia on the FM dial at 103.5 MHz, identified on-air as 103.5 The Eagle. The station plays country music.
year
rev ($mm)
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Ticker:
 
 
 
 
 
 
 
 
3 Daughters Media, Inc
3 Daughters Media, Inc., based in Forest, Virginia owns and operates WMNA AM (730) Gretna, Virginia, WBLT in Bedford and WMNA FM of Gretna/Danville.
year
rev ($mm)
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Ticker:
 
 
 
 
 
 
 
 
AAA Entertainment Radio Group
AAA Entertainment Radio Group operates radio stations in Illinois.
year
2009
rev ($mm)
EBITDA ($mm)
EBIT ($mm)
Net Income ($mm)
Employees
13
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Alton Rainbow Corporation
Alton Rainbow Corporation operates radio stations in Florida.
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Anastos Media Group, Inc.
Anastos Media Group, Inc.
Anastos Media Group owns and operates radio stations in the New York area.
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