Like The Team 980

announced 5/23/2018 via Company Press Release

Urban One, Inc., will acquire The Team 980

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)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 12/30/2020 via BNC Analysis

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

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
closed 7/10/2019 via BNC Analysis

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

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)
$3.40
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 2/8/2019 via BNC Analysis

Forever Media Inc., will acquire Delmarva Broadcasting Company

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)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 11/23/2017 via BNC Analysis

Pacific Star Network Ltd will be merged with Crocmedia,

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:$49.71)
Pacific Star Network Limited (PNW) is an ASX listed media company with interests in broadcasting and publishing. PNW owns two Melbourne AM commercial broadcasting licenses and broadcasts 24/7 on 1116 SEN and Classic Rock Radio.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 11/1/2017 via BNC Analysis

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

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)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 8/1/2017 via BNC Analysis

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

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)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 7/19/2017 via BNC Analysis

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

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)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 4/20/2017 via PR Newswire

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

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

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

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:$1,060.90)
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)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 6/30/2016 via Reuters

News Corporation, will acquire Wireless Group PLC

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:$8,720.00)
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.,

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:$1,239.61)
Fairfax Media Limited is a leading multi-platform media company in Australasia. The group comprises metropolitan, rural, regional and community mastheads and serves its audiences through high-quality, independent journalism and offers dynamic venues for commerce and information. "
target parent: APN News & Media Limited
target: NZME.
NZME. (New Zealand Media & Entertainment) is New Zealand’s premier integrated media company, with a portfolio of market-leading newspaper, radio, digital and magazine titles, that engage with 2.9 million people every week.
price ($mm)
rev ($mm)
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EV / rev
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closed 2/29/2016 via BNC Analysis

Principle Broadcasting, LLC, acquired KFWB 980 AM The Beast

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.
price ($mm)
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announced 1/10/2014 via Company Press Release

York Revolution, will acquire WOYK AM 1350

synopsis: York Revolution, announced that it has agreed to purchase WOYK AM 1350 from WOYK, Inc., the radio station’s current licensee. WOYK 1350 AM is a radio station broadcasting a sports talk format. The station carries all 140 York Revolution games, York College sports, and a weekly broadcast of York County high school sports.
buyer: York Revolution
The York Professional Baseball Club owns and operates York Revolution. The York Revolution is an American professional baseball team which is a member of the Freedom Division of the Atlantic League of Professional Baseball, an independent league not affiliated with Major League Baseball. "
target: WOYK AM 1350
WOYK 1350 AM is a radio station broadcasting a sports talk format. The station carries all 140 York Revolution games, York College sports, and a weekly broadcast of York County high school sports.
price ($mm)
$0.35
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 4/2/2013 via PR Newswire

Spectrum Radio Group LLC, will acquire Fantasia Broadcasting Inc.

synopsis: Spectrum Radio Group LLC, through its affiliate, Spectrum Radio Fairmont LLC, has filed its Asset Purchase Agreement with the FCC for its purchase of Fantasia Broadcasting Inc. licenses. The Fanatasia Broadcasting cluster broadcasts in the Morgantown-Clarksburg-Fairmont WV markets.
buyer: Spectrum Radio Group LLC
Spectrum Radio Group and its affiliate, Spectrum Radio Fairmont LLC were founded by Bob Woodward and Alan Michaels to own, operate and acquire FM and AM radio stations, primarily, east of the Mississippi. "
target: Fantasia Broadcasting Inc.
Fantasia Broadcasting is the only locally-owned media outlet in Marion County, dedicated to helping local businesses grow while entertaining and informing the community. Fantasia Broadcasting's three stations are targeted to the heart of North Central West Virginia, at adults ages 30 and older.
price ($mm)
$1.25
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 10/8/2012 via Reuters

CBS Radio, Inc., will acquire 101.9 New Rock

synopsis: CBS Radio, Inc. is planning to buy a New York City FM rock station to broaden the reach of its sports content. The broadcaster agreed to purchase Merlin Media's 101.9 New Rock for $75 million so it can simulcast Sports Radio 66 WFAN, which is currently only on AM radio.
buyer parent: CBS Corporation
buyer: CBS Radio, Inc.
CBS Radio, Inc. is one of the largest owners and operators of radio stations in the United States. CBS Radio owns around 130 radio stations across the country. It is currently part of CBS Corporation, which also owns the CBS radio and television networks, and jointly owns the CW Television Network. "
target parent: GTCR, LLC
target: 101.9 New Rock
WRXP (101.9 FM), known on-air as New Rock 101.9, is an alternative rock radio station located in New York City. WRXP is owned by Merlin Media LLC, and has studios located in New York's West Village neighborhood. WRXP's transmitter is located at the Empire State Building.
price ($mm)
$75
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 8/22/2012 via PR Newswire

Emmis Communications Corporation, will acquire WSDM-FM

synopsis: Emmis-Terre Haute has signed an agreement to acquire WSDM-FM and WSDX-AM from Crossroads Investments LLC. The parties also signed a Local Programming and Marketing Agreement that will permit Emmis-Terre Haute to program and sell advertising on the stations.
buyer: Emmis Communications Corporation (NasdaqGS:EMMS:$114.13)
Emmis Communications Corporation, a diversified media company, engages in radio broadcasting and magazine publishing operations primarily in the United States. It also owns and operates national radio networks in Slovakia and Bulgaria. "
target parent: Crossroads Communications
target: WSDM-FM
WSDM-FM and WSDX-AM is a radio station licensed to the city of Brazil, Indiana. The station operates on the FM radio frequency of 92.7 MHz, FM channel 224.
price ($mm)
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closed 7/12/2012 via BNC Analysis

Total Austin Sports Radio LLC, acquired 104.9 The Horn

synopsis: The Border Media Business Trust has spun off an AM-FM combo serving the Texas capital with sports programming in two languages called 104.9 The Horn. The AM-FM stations are KWNX-AM Taylor TX and KTXX-FM Bee Cave TX. The buyer is Total Austin Sports Radio LLC.
buyer: Total Austin Sports Radio LLC
Total Austin Sports Radio LLC is a local group based in Austin, TX. "
target parent: Border Media Partners, LLC
target: 104.9 The Horn
104.9 The Horn is a sports radio station based in Dallas, Texas. They're an affiliate of ESPN Radio. 104.9 is an AM-FM combo operating as; KTXX-FM and KWNX-AM.
price ($mm)
$2.50
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 5/24/2012 via BNC Analysis

Gow Communications, LLC, will acquire KFNC/97.5 FM

synopsis: Gow Communications, LLC announced that it will buy KFNC/97.5 FM, an ESPN Radio affiliate.
buyer: Gow Communications, LLC
Gow Communications, LLC is a sports radio station that also offers a variety of broadcast and web advertising solutions designed to reach your target market in the Greater-Houston Area. "
target: KFNC/97.5 FM
KFNC/97.5 FM is an ESPN Radio affiliate in Houston that broadcasts sports and games played by the fans' favorite teams.
price ($mm)
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closed 4/29/2010 via BusinessWire

Gow Communications, LLC, acquired Mission Media Group, LLC

synopsis: Several investors of Gow Communications, LLC, the owner of KGOW 1560 The Game, announced the purchase of a majority stake in Mission Media Group, LLC, a leading distributor of sports content under the Sporting News Radio brand name.
buyer: Gow Communications, LLC
Gow Communications, LLC was formed when a group of 30 Houston investors, acquired the license to launch KGOW 1560 The Game. These investors are committed to something unique: a locally-owned, locally managed station in an era where most major radio station has been bought by a large conglomerate. "
target: Mission Media Group, LLC
Mission Media Group distributes content under the Sporting News Radio (sportingnewsradio.com) name that reaches more than three million people each week on a network of 175 terrestrial stations, Sirius Satellite Radio, and a number of digital and mobile partners.
price ($mm)
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EV / EBITDA
announced 5/23/2018 via Company Press Release

Urban One, Inc., will acquire The Team 980

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)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 11/5/2020 via PR Newswire

Urban One, Inc., will purchase 3 Radio Stations from Entercom Communications Corporation

synopsis: Urban One, Inc. is to acquire WLNK-FM (Adult Contemporary); WBT-AM & FM (News Talk Radio); and WFNZ-AM & 102.5 FM Translator (Sports Radio) from Entercom Communications Corp., a leading American media and entertainment company.
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. "
seller: Entercom Communications Corporation (ETM:$1,060.90)
The acquisition includes WLNK-FM (Adult Contemporary); WBT-AM & FM (News Talk Radio); and WFNZ-AM & 102.5 FM Translator (Sports Radio). Entercom Communications Corp. is a leading American media and entertainment company reaching and engaging over 170 million people each month.
price ($mm)
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EV / EBITDA
announced 11/5/2020 via PR Newswire

Entercom Communications Corporation, will purchase 3 Radio Stations from Urban One, Inc.

synopsis: Entercom is to acquire multiple radio stations from Urban One, including St. Louis, WHHL-FM (Urban Contemporary); Philadelphia, WPHI-FM (Urban Contemporary); and Washington, DC, WTEM-AM (flagship station of the Washington Football Team); as well as the intellectual property of its St. Louis radio station, WFUN-FM (Adult Urban Contemporary).
buyer: Entercom Communications Corporation (ETM:$1,060.90)
Entercom Communications Corp. is a leading American media and entertainment company reaching and engaging over 170 million people each month through its premier collection of highly rated, award winning radio stations, digital platforms and live events. "
seller: Urban One, Inc. (UONE.K:$387.79)
The acquisition includes St. Louis, WHHL-FM (Urban Contemporary); Philadelphia, WPHI-FM (Urban Contemporary); and Washington, DC, WTEM-AM (flagship station of the Washington Football Team); as well as the intellectual property its St. Louis radio station, WFUN-FM (Adult Urban Contemporary).
price ($mm)
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closed 12/31/2019 via BNC Analysis

Urban One, Inc., acquired WQMC-LD

synopsis: Urban One, the largest diversified media company that primarily targets Black Americans and urban consumers in the US, has acquired WQMC-LD (GTN or Media Columbus), a low-power independent commercial television station in Columbus, Ohio.
buyer: Urban One, Inc. (UONE.K:$387.79)
Urban One, Inc., formerly known as Radio One, Inc., together with its subsidiaries, is the largest diversified media company that primarily targets Black Americans and urban consumers in the United States. "
target: WQMC-LD
WQMC-LD (GTN or Media Columbus) is a low-power independent commercial television station in Columbus, Ohio. It broadcasts locally on channel 23. They broadcast in the Columbus metro area which reaches a majority of the 2.5 million residents of the overall Columbus DMA.
price ($mm)
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announced 6/11/2019 via GlobeNewswire

Beasley Broadcast Group, Inc., will acquire 105.9 Kiss-FM

synopsis: Beasley Broadcast Group, Inc., a large- and mid-size market radio broadcaster, announced that it entered into a definitive agreement to acquire WDMK-FM and three translators in Detroit, Michigan from Urban One. WDMK 105.9 KISS FM is a radio station that broadcasts an urban adult contemporary format and R&B.
buyer: Beasley Broadcast Group, Inc. (NasdaqGM:BBGI:$265.03)
Beasley Broadcast Group, Inc., based in Naples, Florida, is an owner/operator of radio stations in the United States. Beasley Broadcast Group owns and operates 64 stations (46 FM and 18 AM) in 15 large- and mid-size markets in the United States. "
target parent: Urban One, Inc.
target: 105.9 Kiss-FM
WDMK 105.9 KISS FM is a radio station in Detroit that broadcasts an urban adult contemporary format and R&B. The station's transmitter is located in the Detroit suburb of Oak Park at the intersection of 10 Mile Road and Greenfield.
price ($mm)
$14
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 5/23/2018 via Company Press Release

Urban One, Inc., will acquire The Team 980

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)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 5/2/2018 via PR Newswire

Educational Media Foundation, Inc., will acquire Praise 102.7

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)
$13
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 7/19/2017 via BNC Analysis

Davis Broadcasting Inc., will purchase W266BW from Youngers Colorado Broadcasting LLC

synopsis: Davis Broadcasting Inc., an owner and operator of AM and FM radio broadcasting stations in North Carolina and Georgia, will acquire W266BW from Youngers Colorado Broadcasting LLC, an owner and operator of radio stations. W266BW is an FM translator station licensed to the Winder, Georgia area.
buyer parent: Urban One, Inc.
buyer: Davis Broadcasting Inc.
Davis Broadcasting Inc. owns and operates AM and FM radio broadcasting stations in North Carolina and Georgia. The company operates 8 radio stations. These include La Mega 96.5, a Spanish music station; Foxie 105, a Hip Hop and R&B music station; and Columbus Sports Radio, a sports radio station. "
seller: Youngers Colorado Broadcasting LLC
W266BW is an FM translator station licensed to the Winder, Georgia area. The station belongs to Youngers Colorado Broadcasting LLC, an owner and operator of radio stations. The company is located in Greeley, Colorado.
price ($mm)
$0.40
rev ($mm)
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EV / rev
EV / EBITDA
closed 5/9/2017 via PR Newswire

iONE Digital, purchased 3 digital media properties from Moguldom

synopsis: iONE Digital, the fastest growing and definitive digital resource for Black and Latin Americans, has acquired the digital media properties Bossip.com, HipHopWired.com and MadameNoire.com from Moguldom Media Group, a leading global digital media company serving multicultural audiences.
buyer parent: Urban One, Inc.
buyer: iONE Digital
iONE Digital, formerly known as Interactive One, is the fastest growing and definitive digital resource for Black and Latin Americans, reaching millions each month through its suite of social, local radio and content offerings. "
seller: Moguldom
The acquisition includes the websites Bossip.com, HipHopWired.com and MadameNoire.com from Moguldom Media Group, a leading global digital media company serving multicultural audiences. The three websites focus on urban lifestyle and culture.
price ($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

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:$387.79)
Radio One, Inc. is an urban-oriented, multi-media company that primarily targets African-American consumers. Their core business is their radio broadcasting franchise that owns and operates 52 broadcast stations located in 15 urban markets in the United States. "
seller: Red Zebra Broadcasting LLC
The acquisition includes the radio stations WWXT-FM and WXGI-AM from Red Zebra Broadcasting. WXGI is a sports formatted broadcast radio station licensed to Richmond, Virginia. WWXT-FM is a sports radio station branded under ESPN980.
price ($mm)
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announced 4/12/2017 via BNC Analysis

Crawford Broadcasting Company, will acquire NewsTalk WCHB

synopsis: Radio One Detroit has agreed to sell its WCHB AM 1200 NewsTalk station to Birmingham, Ala.-based Crawford Broadcasting Company. NewsTalk WCHB 1200 AM is an urban talk radio station that services the Detroit market, primarily targeted toward African American and urban consumers.
buyer: Crawford Broadcasting Company
Crawford Broadcasting Company is an industry leader in reaching radio’s most loyal and responsive audience, the Christian and conservative audience. They currently own and operate 22 radio stations including 9 FM and 13 AM stations in 10 different USA markets ranging coast to coast. "
target parent: Radio One, Inc.
target: NewsTalk WCHB
NewsTalk WCHB 1200 AM is an urban talk radio station that services the Detroit market. The station serves listeners with urban music, community engagement and inspiration, primarily targeted toward African American and urban consumers.
price ($mm)
$2.00
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 11/13/2015 via BNC Analysis

Radio One, Inc., purchased WHOK and WZOH from Wilks Broadcasting, LLC

synopsis: Radio One, the largest radio broadcasting company that targets African-American and urban listeners, has announced the acquisition of country station WHOK 107.1 FM and sports WZOH 95.5 FM from Wilks Broadcast Group, a company formed as a platform to acquire and operate radio broadcasting stations.
buyer: Radio One, Inc. (UONE.K:$387.79)
Radio One, Inc. is the largest radio broadcasting company that targets African-American and urban listeners. Radio One owns 55 broadcast stations located in 16 urban markets in the United States. "
seller parent: Wicks Group of Companies
seller: Wilks Broadcasting, LLC
The acquisition includes country station WHOK 107.1 FM and sports WZOH 95.5 FM. Wilks Broadcasting, LLC was formed in late 2004 as a platform to acquire and operate radio broadcasting stations in attractive mid-size US markets.
price ($mm)
$2.00
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 12/18/2014 via PR Newswire

Interactive One, acquired GlobalGrind

synopsis: Interactive One, the number one online platform for the African American and New Urban community, announced that it has acquired GlobalGrind. GlobalGrind is an all-encompassing destination that covers the "Hip" side of Pop culture across multiple verticals – Entertainment, Celebrity, Music, Style and Fashion, Culture, News and Politics.
buyer parent: Radio One, Inc.
buyer: Interactive One
Interactive One is the fastest growing and definitive digital resource for Black and Latin Americans, reaching millions each month through its suite of social, local radio and content offerings. It owns and operates a number of branded destinations including HelloBeautiful, News One, and more. "
target: GlobalGrind
Focusing on Hip-Pop!, GlobalGrind is an all-encompassing destination that covers the "Hip" side of Pop culture across multiple verticals – Entertainment, Celebrity, Music, Style and Fashion, Culture, News and Politics. GlobalGrind's platform allows a cross-cultural audience to interact with content.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 10/23/2012 via PR Newswire

Salem Communications Corporation, will acquire 98.9 Jack FM

synopsis: Radio One, Inc. announced it has signed a definitive agreement to sell the assets of one of its Columbus, Ohio radio stations, WJKR-FM (98.9 Jack FM), to Salem Media of Ohio, Inc., a subsidiary of Salem Communications.
buyer: Salem Communications Corporation (SALM:$257.87)
Salem Communications Corporation is the largest commercial U.S. radio broadcasting company that provides programming targeted at audiences interested in Christian and family-themed radio content, as measured by the number of stations and audience coverage. "
target parent: Radio One, Inc.
target: 98.9 Jack FM
98.9 Jack FM is a radio station in Columbus, Ohio.
price ($mm)
$4.00
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 8/9/2012 via BNC Analysis

Radio One, Inc., purchased WZZQ, W282AX, & WNOW-FM from Gaffney Broadcasting, Inc.

synopsis: Radio-One, via a wholly owned subsidiary entitled Charlotte Broadcasting, has acquired 1500 WZZQ, 104.3 W282AX, and 105.3 WNOW-FM Gaffney SC/Charlotte from Gaffney Broadcasting. As part of the $7.75 Million purchase, Radio-One will attempt to spinoff 1500 WZZQ and its 104.3 translator in Gaffney to a third party.
buyer: Radio One, Inc. (UONE.K:$387.79)
Radio One, Inc. is the largest radio broadcasting company that targets African-American and urban listeners. Radio One owns 53 broadcast stations located in 16 urban markets in the United States. "
seller parent: Davidson Media Group
seller: Gaffney Broadcasting, Inc.
Gaffney Broadcasting, Inc. owns and operates a radio station WAGI-FM (105.3) which broadcasts national news. The company is based in Gaffney, South Carolina. Gaffney Broadcasting, Inc. operates as a subsidiary of Davidson Media Group, LLC.
price ($mm)
$7.75
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 7/7/2008 via BusinessWire

Radio One, Inc., acquired WPRS-FM

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
closed 4/10/2008 via BusinessWire

Radio One, Inc., acquired Community Connect Inc.

synopsis: Radio One, Inc. has acquired the social networking company, Community Connect Inc. Community Connect Inc., which owns and operates a number of social-networking brands under its umbrella including BlackPlanet.com, MiGente.com, and AsianAve.com, is the leading online niche social-networking company.
buyer: Radio One, Inc. (UONE.K:$387.79)
Radio One, Inc. is one of the nation's largest radio broadcasting companies and the largest radio broadcasting company that primarily targets African-American and urban listeners. Radio One owns and/or operates 53 radio stations located in 16 urban markets in the United States. "
target: Community Connect Inc.
Community Connect, Inc. is the leading online niche social-networking company. Community Connect realized before anyone else the potential strength of bringing like minded groups and ethnic/affinity communities together for both users and advertisers.
price ($mm)
$33
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 5/30/2008 via BusinessWire

Bonneville International Corporation, purchased KSWD-FM from Radio One, Inc.

synopsis: Radio One, Inc. announced that, effective May 30, 2008, it completed the sale of the assets of radio station KSWD-FM (formerly KRBV-FM), located in the Los Angeles, California metropolitan area, for approximately $137.5 million in cash, to Bonneville International.
buyer: Bonneville International Corporation
Bonneville is a dynamic, diversified media company with television, radio, broadcasting, advertising, and satellite operations in some of the top markets across the country. "
seller: Radio One, Inc. (UONE.K:$387.79)
Radio One, Inc. is one of the nation's largest radio broadcasting companies and the largest radio broadcasting company that primarily targets African-American and urban listeners. Radio One owns and/or operates 53 radio stations located in 16 urban markets in the United States.
price ($mm)
$127
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 4/11/2008 via

Salem Communications Corporation, acquired WTPS-AM

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, will acquire WTPS-AM in Miami, FL, for approximately $12.25 million. Additionally, Salem began operating the station today.
buyer: Salem Communications Corporation (SALM:$257.87)
Salem Communications is a leading U.S. radio broadcaster, Internet content provider, and magazine and book publisher targeting audiences interested in Christian and family-themed content and conservative values. "
target parent: Radio One, Inc.
target: WTPS-AM
WTPS is a News/Talk radio station aimed at South Florida's African American community. It is owned by Radio One.
price ($mm)
$12
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 6/13/2007 via PR Newswire

Northern Lights Broadcasting, LLC., purchased KTTB FM - B96 from Radio One, Inc.

synopsis: Northern Lights Broadcasting, LLC has signed a definitive agreement to acquire KTTB FM from Radio One, Inc., a national radio broadcasting company based in Washington, D.C. Northern Lights is a subsidiary of a Pohlad family company.
buyer parent: Marquette Financial Companies
buyer: Northern Lights Broadcasting, LLC.
Northern Lights Broadcasting, LLC, is a local radio broadcast company headed by long-time Twin Cities radio broadcaster Steve Woodbury. Woodbury has been a Twin Cities radio fixture for 25 years. His radio management career in the Twin Cities began with WLTE in the early 80s. "
seller: Radio One, Inc. (UONE.K:$387.79)
Radio One, Inc. is one of the nation's largest radio broadcasting companies and the largest radio broadcasting company that primarily targets African-American and urban listeners. Radio One owns and/or operates 53 radio stations located in 16 urban markets in the United States.
price ($mm)
$28
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 9/17/2007 via BusinessWire

Main Line Broadcasting, purchased 10 radio stations from Radio One, Inc.

synopsis: Radio One, Inc. has recently completed the sale of radio stations in Louisville, Kentucky, Dayton, Ohio and Minneapolis, Minnesota for approximately $104 million on terms consistent with previous announcements. Additionally, the company recently amended its bank credit facility to, among other things, adjust its covenant levels.
buyer parent: Arlington Capital Partners
buyer: Main Line Broadcasting
Main Line Broadcasting was formed to build a group of radio station clusters in mid-sized markets, primarily in the eastern U.S. The company has made two acquisitions to date, and currently operates station clusters in Richmond, Virginia, Hagerstown, Maryland and Waynesboro/Chambersburg, PA. "
seller: Radio One, Inc. (UONE.K:$387.79)
Radio One, Inc. is one of the nation's largest radio broadcasting companies and the largest radio broadcasting company that primarily targets African-American and urban listeners. Radio One owns and/or operates 53 radio stations located in 16 urban markets in the United States.
price ($mm)
$76
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 11/5/2020 via PR Newswire

Entercom Communications Corporation, will purchase 3 Radio Stations from Urban One, Inc.

synopsis: Entercom is to acquire multiple radio stations from Urban One, including St. Louis, WHHL-FM (Urban Contemporary); Philadelphia, WPHI-FM (Urban Contemporary); and Washington, DC, WTEM-AM (flagship station of the Washington Football Team); as well as the intellectual property of its St. Louis radio station, WFUN-FM (Adult Urban Contemporary).
buyer: Entercom Communications Corporation (ETM:$1,060.90)
Entercom Communications Corp. is a leading American media and entertainment company reaching and engaging over 170 million people each month through its premier collection of highly rated, award winning radio stations, digital platforms and live events. "
seller: Urban One, Inc. (UONE.K:$387.79)
The acquisition includes St. Louis, WHHL-FM (Urban Contemporary); Philadelphia, WPHI-FM (Urban Contemporary); and Washington, DC, WTEM-AM (flagship station of the Washington Football Team); as well as the intellectual property its St. Louis radio station, WFUN-FM (Adult Urban Contemporary).
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 4/12/2017 via BNC Analysis

Crawford Broadcasting Company, will acquire NewsTalk WCHB

synopsis: Radio One Detroit has agreed to sell its WCHB AM 1200 NewsTalk station to Birmingham, Ala.-based Crawford Broadcasting Company. NewsTalk WCHB 1200 AM is an urban talk radio station that services the Detroit market, primarily targeted toward African American and urban consumers.
buyer: Crawford Broadcasting Company
Crawford Broadcasting Company is an industry leader in reaching radio’s most loyal and responsive audience, the Christian and conservative audience. They currently own and operate 22 radio stations including 9 FM and 13 AM stations in 10 different USA markets ranging coast to coast. "
target parent: Radio One, Inc.
target: NewsTalk WCHB
NewsTalk WCHB 1200 AM is an urban talk radio station that services the Detroit market. The station serves listeners with urban music, community engagement and inspiration, primarily targeted toward African American and urban consumers.
price ($mm)
$2.00
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA

Like The Team 980


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Geography
Matching Companies
Ticker: ASX:PNW
 
 
 
 
 
 
 
 
Pacific Star Network Ltd
Pacific Star Network Ltd
Pacific Star Network is an Australian sports media content and entertainment business. Pacific Star Network delivers brand stories to national, metropolitan and regional audiences via multiple platforms, including radio, print, television, online, in-stadium and events.
year
2019
rev ($mm)
$49.71
EBITDA ($mm)
$5.53
EBIT ($mm)
$3.80
Net Income ($mm)
$1.95
Employees
55
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Ticker: XTRA:EV4
 
 
 
 
 
 
 
 
Constantin Medien AG
Constantin Medien AG
Constantin Medien AG is an internationally operating media company based in Ismaning near Munich. The business operations of Constantin include the activities of the companies in the Segment Sports with Sport1 GmbH, Sport1 Media GmbH, and PLAZAMEDIA GmbH with its subsidiary LEITMOTIF Creators GmbH.
year
2018
rev ($mm)
$145.47
EBITDA ($mm)
($9.56)
EBIT ($mm)
($13.20)
Net Income ($mm)
Employees
545
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Ticker: UONE.K
 
 
 
 
 
 
 
 
Radio One, Inc.
Radio One, Inc.
Radio One, Inc. is the largest radio broadcasting company that targets African-American and urban listeners. Radio One owns 55 broadcast stations located in 16 urban markets in the United States.
year
2020
rev ($mm)
$387.79
EBITDA ($mm)
$107.93
EBIT ($mm)
$96.85
Net Income ($mm)
Employees
1220
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