Like Houston Outlaws

closed 11/15/2019 via GlobeNewswire

Beasley Broadcast Group, Inc., acquired Houston Outlaws

See 16 Comparable Transactions
synopsis: Beasley Broadcast Group, Inc., a multi-platform media company providing advertising and digital marketing solutions across the United States through its radio broadcast and digital operations, has acquired the Overwatch League’s Houston Outlaws esports team from an affiliate of Immortals Gaming Club.
buyer: Beasley Broadcast Group, Inc. (NasdaqGM:BBGI:$265.03)
Beasley Broadcast Group, Inc. is a multi-platform media company providing advertising and digital marketing solutions across the United States through its radio broadcast and digital operations. "
 target parent: Immortals, LLC
target: Houston Outlaws
The Houston Outlaws are a professional franchised esports team participating in the Overwatch League, representative of the cities Houston, Austin, and San Antonio.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 2/17/2021 via BNC Analysis

Omaken Sports AS, acquired Heroic.gg

See 16 Comparable Transactions
synopsis: Omaken Sports, an esport organization based in Norway with world class players in PUBG, announced it has acquired Danish organization Heroic. Heroic is a newly founded and player-owned Counter-Strike: Global Offensive team that competes among the very best globally.
buyer: Omaken Sports AS (OTCNO:OMAKEN:$0.00)
Omaken Sports is an esport organization based in Norway with world class players in PUBG. Omaken Sports was founded in 2020 by Norwegian content creator Joachim “Noobwork” Haraldsen. "
 target: Heroic.gg
Heroic is a newly founded and player-owned Counter-Strike: Global Offensive team® that competes among the very best globally. Heroic was formed in August 2016, initially featuring the members of Team X.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
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closed 3/17/2021 via GlobeNewswire

GameSquare Esports Inc., acquired Reciprocity Corp.

See 16 Comparable Transactions
synopsis: GameSquare Esports Inc., a Canadian gaming and esports company, is pleased to announce the closing of the previously announced acquisition of Reciprocity Corp., a privately held gaming and esports company in Toronto, Canada.
buyer: GameSquare Esports Inc. (CNSX:GSQ:$0.00)
GameSquare Esports Inc. is an international gaming and esports company headquartered in Toronto, Canada. The Company is seeking to acquire additional assets and entities serving the gaming and esports markets and, more broadly, in sports and entertainment. "
 target: Reciprocity Corp.
Toronto-based, Reciprocity, owns three gaming and esports assets: a CrossFire franchise in China that it owns with LGD Gaming, a 40% interest in a League of Legends team in Latin America, and, GCN, Inc., a digital media company focusing on the gaming and esports audience.
price ($mm)
$12
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 11/12/2020 via BNC Analysis

YDX Innovation Corp., will acquire Shattered Dreams Esports

See 16 Comparable Transactions
synopsis: YDX Innovation Corp, a global leader in the commercialization of immersive technologies that incorporate VR, AR, esports, and gaming, will acquire Shattered Dreams Esports (SxD), an esports organization in Canada. SxD identifies prospective professional esports players and content creators and empowers them to take their careers to the next level.
buyer: YDX Innovation Corp. (TSXV:YDX:$1.58)
YDX Innovation is a global leader in the commercialization of immersive technologies that incorporate virtual reality, augmented reality, esports, and gaming. Its core business seeks to monetize through licensing its IP, developing interactive exhibitions, and esports tournaments and content. "
 target: Shattered Dreams Esports
Shattered Dreams Esports (SxD) is a community driven esports organization in Canada that competes in 10+ different game titles. SxD identifies prospective professional esports players and content creators and empowers them to take their careers in gaming to the next level.
price ($mm)
$0.03
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 10/21/2020 via PR Newswire

Andrew Steinberg and Todd Harris, acquired Ghost Gaming US

See 16 Comparable Transactions
synopsis: Ghost Gaming, a premier gaming lifestyle brand focused on cultivating the best talent in video gaming, was acquired by a group of Atlanta-based investors led by Andrew Steinberg and Todd Harris. The move will further establish the area as a central hub of the growing esports landscape.
buyer: Andrew Steinberg and Todd Harris
Andrew Steinberg is the Founder and Managing Partner at Phoenix Capital Ventures and former Chief Revenue and Business Officer for the Atlanta Hawks. Todd Harris is the co-founder of Hi-Rez Studios and CEO of Skillshot Media. "
 target: Ghost Gaming US
Ghost Gaming is a premier gaming lifestyle brand focused on cultivating and facilitating the best talent in gaming, design, and content creation, providing a platform to create unique partnerships in sports, music, entertainment, fashion, and tech.
price ($mm)
rev ($mm)
EBITDA ($mm)
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closed 1/21/2021 via GlobeNewswire

Esports Entertainment Group, Inc., acquired Esports Gaming League

See 16 Comparable Transactions
synopsis: Esports Entertainment Group, Inc., a licensed online gambling company in Malta with a focus on esports wagering and 18+ gaming, has acquired the Esports Gaming League (EGL), a fast-growing UK-based esports company serving a rapidly expanding community of gamers in Europe, Middle East, and the Americas.
buyer: Esports Entertainment Group, Inc. (OTCPK:GMBL:$0.00)
Esports Entertainment Group is a licensed Malta-based online gambling company with a focus on esports wagering and 18+ gaming. The company offers fantasy, pools, fixed odds, and exchange style wagering on esports events in a licensed, regulated, and secure platform to the global esports audience. "
 target: Esports Gaming League
Esports Gaming League (EGL) is a UK-based esports company serving gamers in Europe, the Middle East, and the Americas. EGL is a B2B-centric provider of live and online events and tournaments where gamers can compete and enjoy a wide range of content relating to esports and video games.
price ($mm)
rev ($mm)
$1
EBITDA ($mm)
EV / rev
0.0x
EV / EBITDA
announced 2/26/2020 via BNC Analysis

Australian Esports League, will acquire The Cubs Esports Pty Ltd

See 466 Comparable Transactions
synopsis: Leading esports companies Cubs Esports and Critical Hit Entertainment (CHE), operator of The Australian Esports Leage (AEL), officially announce their intention to merge. The new group will continue to trade under the CHE banner. Cubs Esports is a leading Esports company formerly known as Diemens Esports.
buyer: Australian Esports League
The Australian Esports League (AEL) is a provider of premier esports competitions in Australia, attracting competitors from across the nation. The vision of the AEL is to develop the most entertaining, engaging and respected esports experience in Australia. It is owned by Critical Hit Entertainment."
 target: The Cubs Esports Pty Ltd
Cubs Esports is a leading Esports company formerly known as Diemens Esports. The Cubs are an Australian based esports franchise coming to gaming arenas.
price ($mm)
rev ($mm)
EBITDA ($mm)
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closed 9/3/2019 via GlobeNewswire

Luminosity Gaming merged with Enthusiast Gaming Inc.,

See 16 Comparable Transactions
synopsis: Enthusiast, the fastest-growing online community of video gamers, has completed the merger with Luminosity Gaming, one of the largest globally recognized esports organizations in North America. Their headquarters is located in Toronto, Canada.
buyer: Enthusiast Gaming Inc. (TSXV:EGLX:$31.80)
Founded in 2014, Enthusiast is the fastest-growing online community of video gamers. Through the Company’s unique acquisition strategy, it has a platform of over 80 owned and affiliated websites and currently reaches over 75 million monthly visitors with its unique and curated content. "
 target: Luminosity Gaming
Founded in February 2015, Luminosity Gaming, is one of the largest globally recognized esports organization in North America. Their headquarters is located in Toronto, Canada.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 5/29/2019 via BNC Analysis

OverActive Media, acquired MAD Lions Esports Club

See 16 Comparable Transactions
synopsis: OverActive Media has acquired Spanish organization MAD Lions Esports Club. MAD Lions is a Spanish esports organisation that was formed in August 2017. The club currently competes at the highest national level in League of Legends, Counter Strike: Global Offensive, Clash Royale and FIFA.
buyer: OverActive Media
OverActive Media (OAM) is an integrated global company delivering esports and video game entertainment. OAM combines team ownership with audience engagement to better connect with fans, franchise partners and corporate sponsors around the world. "
 target: MAD Lions Esports Club
MAD Lions is a Spanish esports organisation that was formed in August 2017. The club currently competes at the highest national level in League of Legends, Counter Strike: Global Offensive, Clash Royale and FIFA.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 2/27/2019 via BNC Analysis

Tainted Minds Acquisition Group, acquired Tainted Minds

See 16 Comparable Transactions
synopsis: Australian esports organisation Tainted Minds has been acquired by private investors and will rebrand as ICON Esports. The investors are Raymond Burke, Edward Abbot, Mathew Davey, Nathan Taylor, and Adrian Whittingham.
buyer: Tainted Minds Acquisition Group
The investors are Raymond Burke, Chairman of Highlanders Super Rugby, Edward Abbot, CEO of QMS Sport, Mathew Davey, Founder & CEO of Ticketdirect, Nathan Taylor, Managing Director for Capital Markets at Commonwealth Bank, and Adrian Whittingham, Executive Director of Pinnacle Investment Management. "
 target: Tainted Minds
Tainted Minds is an Australian based competitive gaming organization with professional esports teams across a range of titles. The teams chase their dreams and compete on some of the largest stages in the world.
price ($mm)
rev ($mm)
EBITDA ($mm)
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EV / EBITDA
announced 12/21/2018 via GlobeNewswire

SMAAASH Entertainment Private Limited, will acquire Simplicity Esports

See 16 Comparable Transactions
synopsis: SMAAASH Entertainment Inc. announced it has entered into a definitive agreement to combine with Simplicity Esports, LLC via an all stock acquisition. Simplicity is an established brand in the esports industry with an engaged fan base competing in popular games across different genres, including PUBG, Gears of War, Injustice 2 and NHL 19.
buyer: SMAAASH Entertainment Private Limited (SMSH:$0.00)
SMAAASH is a global entertainment company offering interactive sports experiences and virtual reality gaming technology, headquartered in Mumbai India. SMAAASH presently operates world-class entertainment centers across 39 locations in India, and one international center in the U.S. "
 target: Simplicity Esports
Simplicity is an established brand in the esports industry with an engaged fan base competing in popular games across different genres, including PUBG, Gears of War, Injustice 2 and NHL 19.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
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closed 11/21/2018 via BNC Analysis

OverActive Media, acquired Splyce

See 16 Comparable Transactions
synopsis: OverActive Media Group Inc., has acquired global esports stalwart, Splyce Inc. Splyce is home to top level teams across multiple esports titles around the globe. Since its inception, the organization has grown to include teams in League of Legends, Call of Duty, Rocket League,, Starcraft II, Halo, Smite and Paladins.
buyer: OverActive Media
Based in Canada, OverActive Media is an integrated company delivering esports and video game entertainment experiences to fans through franchise ownership, strategic partnerships, investments and acquisitions. "
 target: Splyce
Splyce is home to top level teams across multiple esports titles around the globe. Since its inception, the organization has grown to include teams in League of Legends, Call of Duty, Rocket League,, Starcraft II, Halo, Smite and Paladins.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 2/7/2018 via Company Press Release

Community Entertainment Svenska AB, acquired Red Reserve

See 254 Comparable Transactions
synopsis: Battleriff Gaming AB has sold its subsidiary Red Reserve AB to the public company Community Entertainment Sverige AB, “CEAB”. Red Reserve is a well-known international brand for esports teams. CEAB's business focus is gameification through different quiz products.
buyer: Community Entertainment Svenska AB (XSAT:CEAB:$0.23)
Community Entertainment Svenska AB (publ), through its subsidiaries, focuses on commercializing proprietary software for online quizzes. It serves entertainment, information, and education industries. The company was founded in 2000 and is based in Stockholm, Sweden. "
 target parent: Battleriff Gaming AB
target: Red Reserve
Red Reserve is an international gaming entertainment brand, best known for their roots in the Call of Duty sniping community. They own and manage professional esports teams in the games COD, (Call of Duty), FIFA and Gears of War.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 11/6/2017 via BNC Analysis

Jerry Jones and John Goff, acquired Complexity Gaming

See 16 Comparable Transactions
synopsis: Dallas Cowboys owner Jerry Jones and real estate investor John Goff have acquired a majority stake in North American esports franchise compLexity Gaming. Founded in 2003, compLexity has been a consistent and driving force in multiple competitive gaming scenes across North America.
buyer: Jerry Jones and John Goff
Jerry Jones is the owner of the Dallas Cowboys. John Goff is a private investor based in Fort Worth, Texas, and the co-founder of Crescent Real Estate Equities. "
 target: Complexity Gaming
Founded in 2003, compLexity has been a consistent and driving force in multiple competitive gaming scenes across North America. Their esports teams and players have amassed over 120 major championship wins and have been featured in outlets including Sports Illustrated and The Wall Street Journal.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 5/17/2017 via Company Press Release

Onslaught eSports, will acquire The Roanoke Reign

See 16 Comparable Transactions
synopsis: Onslaught eSports, one of the top professional competitive eSports organizations world-wide, has reached a deal to acquire the Roanoke Reign, a multi-platform professional electronic sport company. Reign has competitive players competing around the country on Call of Duty, CSGO, Super Smash Bros, and Gears of War.
buyer: Onslaught eSports
Onslaught eSports is one of the top professional competitive eSports organizations world-wide, competing in both console and PC video game titles such as Call of Duty, Gears of War, Counter Strike, Halo, Smite, Rocket League, and more. "
 target: The Roanoke Reign
The Roanoke Reign is a multi-platform professional electronic sport company. Reign houses talented teams and players that compete at the highest level of eSport competition. Reign has competitive players competing around the country on Call of Duty, CSGO, Super Smash Bros, and Gears of War.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 2/23/2017 via Company Press Release

Challengeme Esports GmbH, acquired eSports Hero, Inc.

See 466 Comparable Transactions
synopsis: Challengeme Esports GmbH, provider of one of the most sophisticated eSports Matchmaking & Tournament Platforms, announced the acquisition of US-based eSports Hero Inc., a skilled gaming platform where gamers of all skills levels can compete for cash prizes and glory playing the top global Esports.
buyer: Challengeme Esports GmbH
Challengeme Esports GmbH (CME) is an established business in the rapidly growing eSports space, based in Berlin, Germany. CME provides a world class eSports tournament and matchmaking platform, which caters to social players, competitive and even pro gamers, as well as professional streamers. "
 target: eSports Hero, Inc.
Esports Hero is a skilled gaming platform where gamers of all skills levels can compete for cash prizes and glory playing the top global Esports such as Hearthstone and Dota 2. The ESH platform facilitates both money matches and bracketed tournaments and offers multiple compliant payout options.
price ($mm)
rev ($mm)
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EV / rev
EV / EBITDA
closed 11/15/2019 via GlobeNewswire

Beasley Broadcast Group, Inc., acquired Houston Outlaws

See 16 Comparable Transactions
synopsis: Beasley Broadcast Group, Inc., a multi-platform media company providing advertising and digital marketing solutions across the United States through its radio broadcast and digital operations, has acquired the Overwatch League’s Houston Outlaws esports team from an affiliate of Immortals Gaming Club.
buyer: Beasley Broadcast Group, Inc. (NasdaqGM:BBGI:$265.03)
Beasley Broadcast Group, Inc. is a multi-platform media company providing advertising and digital marketing solutions across the United States through its radio broadcast and digital operations. "
 target parent: Immortals, LLC
target: Houston Outlaws
The Houston Outlaws are a professional franchised esports team participating in the Overwatch League, representative of the cities Houston, Austin, and San Antonio.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 11/15/2019 via GlobeNewswire

Beasley Broadcast Group, Inc., acquired Houston Outlaws

See 16 Comparable Transactions
synopsis: Beasley Broadcast Group, Inc., a multi-platform media company providing advertising and digital marketing solutions across the United States through its radio broadcast and digital operations, has acquired the Overwatch League’s Houston Outlaws esports team from an affiliate of Immortals Gaming Club.
buyer: Beasley Broadcast Group, Inc. (NasdaqGM:BBGI:$265.03)
Beasley Broadcast Group, Inc. is a multi-platform media company providing advertising and digital marketing solutions across the United States through its radio broadcast and digital operations. "
 target parent: Immortals, LLC
target: Houston Outlaws
The Houston Outlaws are a professional franchised esports team participating in the Overwatch League, representative of the cities Houston, Austin, and San Antonio.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 6/11/2019 via GlobeNewswire

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

See 140 Comparable Transactions
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 7/19/2018 via BusinessWire

Beasley Broadcast Group, Inc., will acquire 92.5 XTU

See 140 Comparable Transactions
synopsis: Entercom Communications Corp., a leading media and entertainment company, is to divest 92.5 WXTU, a commercial FM radio station in Philadelphia, to Beasley Broadcast Group, Inc., an owner/operator of radio stations in the United States.
buyer: Beasley Broadcast Group, Inc. (NasdaqGM:BBGI:$265.03)
Beasley Broadcast Group, Inc., based in Naples, Florida, is an owner/operator of radio stations in the United States. As of June 2017, the company owned 63 stations under the Beasley Media Group name. "
 target parent: Entercom Communications Corporation
target: 92.5 XTU
92.5 WXTU is a commercial FM radio station in Philadelphia. They provide the Delaware Valley with today's hit country music.
price ($mm)
$38
rev ($mm)
$10
EBITDA ($mm)
EV / rev
3.7x
EV / EBITDA
announced 11/1/2017 via BNC Analysis

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

See 46 Comparable Transactions
synopsis: Beasley Broadcast Group announced that it will buy WBZ-FM 98.5 The Sports Hub from Entercom Communications Corporation and CBS Radio. 98.5 The Sports Hub debuted in 2009 as the first Boston FM Sports Talk Radio Station.
buyer: Beasley Broadcast Group, Inc. (NasdaqGM:BBGI:$265.03)
Beasley Broadcast Group owns and operates 63 stations (45 FM and 18 AM) in 15 large- and mid-size markets in the United States. Beasley radio stations reach approximately 19.0 million unique consumers weekly over-the-air, online and on smartphones and tablets. "
 target parent: Entercom Communications Corporation
target: WBZ-FM 98.5
WBZ-FM, 98.5 The Sports Hub is a Boston, MA radio station. 98.5 The Sports Hub debuted in 2009 as the first Boston FM Sports Talk Radio Station.
price ($mm)
$12
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 11/1/2017 via BNC Analysis

Entercom Communications Corporation, will acquire WMJX-FM 106.7

See 140 Comparable Transactions
synopsis: Entercom Communications Corporation announced that it will acquire WMJX-FM Magic 106.7 from Beasley Broadcast Group, a radio broadcasting group that owns and operates 63 stations in the United States. WMJX-FM Magic 106.7 is a radio station in Boston, MA, that plays music from the hottest new artists today, along with yesterday's favorite songs.
buyer: Entercom Communications Corporation (ETM:$1,060.90)
Entercom Communications Corp. is a leading media and entertainment company in the U.S., reaching and engaging more than 40 million people a week through its portfolio of highly rated stations in top markets across the country. "
 target parent: Beasley Broadcast Group, Inc.
target: WMJX-FM 106.7
WMJX-FM Magic 106.7 is a radio station in Boston, MA. Magic 106.7 plays music from the hottest new artists today, along with yesterday's favorite songs.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
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announced 2/3/2017 via GlobeNewswire

Curtis Media Group, will purchase Six Radio Stations from Beasley Broadcast Group, Inc.

See 915 Comparable Transactions
synopsis: Beasley Broadcast Group, Inc., a large- and mid-size market radio broadcaster, has entered into an asset purchase agreement to sell WNCT-AM, WNCT-FM, WSFL-FM, WIKS-FM, WMGV-FM and WXNR-FM, which serve the Greenville-New Bern-Jacksonville, North Carolina market, to CMG Coastal Carolina, LLC, a subsidiary of Curtis Media Group.
buyer: Curtis Media Group
Founded in 1968, Curtis Media Group (CMG) began its adventure in broadcasting in Cherryville, NC with WCSL-AM. Over the years CMG has grown and developed into the largest single-shareholder radio broadcasting company in the country. CMG is home to 57 AM and FM radio signals across the state. "
 seller: Beasley Broadcast Group, Inc. (NasdaqGM:BBGI:$265.03)
The Six Radio Stations — WNCT-AM, WNCT-FM, WSFL-FM, WIKS-FM, WMGV-FM and WXNR-FM — serve the Greenville-New Bern-Jacksonville, NC market. Beasley Broadcast Group offers music, news, information and entertainment to over 7.7 million listeners weekly from 53 stations in twelve radio markets in the US.
price ($mm)
$11
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 10/18/2016 via BusinessWire

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

See 58 Comparable Transactions
synopsis: Entercom Communications Corp. announced an agreement to acquire four radio stations in Charlotte, NC from Beasley Broadcast Group, Inc. Beasley is selling the stations to comply with FCC ownership limitations. The transaction adds strong local brands The Fan (WFNZ-AM), The Link (WLNK-FM) and news/talk leader WBT AM/FM to Entercom’s station group.
buyer: Entercom Communications Corporation (ETM:$1,060.90)
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 7/20/2016 via GlobeNewswire

Beasley Broadcast Group, Inc., will acquire Greater Media, Inc

See 4803 Comparable Transactions
synopsis: Beasley Broadcast Group, Inc., a large- and mid-size market radio broadcaster, and Greater Media, Inc. announced that they have entered into a definitive agreement pursuant to which Beasley will acquire all of the outstanding stock of Greater Media. Greater Media is parent company of 21 AM and FM radio stations and a group of weekly newspapers.
buyer: Beasley Broadcast Group, Inc. (NasdaqGM:BBGI:$265.03)
Beasley Broadcast Group, Inc. is a radio broadcasting company that owns and operates 42 stations (26 FM and 16 AM) located in ten large- and mid-size markets in the United States. "
 target: Greater Media, Inc
Greater Media is a privately owned company and parent company of f 21 AM and FM radio stations. It is also parent comapny of a group of weekly newspapers in central New Jersey and several telecommunications towers throughout the United States.
price ($mm)
$240
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 10/2/2014 via New York Times

Beasley Broadcast Group, Inc., will purchase 14 Radio Stations from CBS Radio, Inc.

See 915 Comparable Transactions
synopsis: CBS Radio has announced that they have agreed to trade 14 of its radio stations to Beasley Broadcast Group. With around 130 radio stations across the country, CBS Radio will be trading six stations in Tampa, Fla.; seven in Charlotte, N.C.; and one in Philadelphia.
buyer: Beasley Broadcast Group, Inc. (NasdaqGM:BBGI:$265.03)
Beasley Broadcast Group, Inc. is a radio broadcasting company that owns and operates 42 stations (26 FM and 16 AM) located in ten large- and mid-size markets in the United States. "
 seller parent: CBS Corporation
seller: CBS Radio, Inc.
CBS Radio, Inc. is one of the largest owners and operators of radio stations in the United States. CBS Radio owns around 130 radio stations across the country, including six stations in Tampa, Fla.; seven in Charlotte, N.C.; and one in Philadelphia (WIP-AM).
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
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announced 10/2/2014 via New York Times

CBS Radio, Inc., will purchase 5 Radio Stations from Beasley Broadcast Group, Inc.

See 915 Comparable Transactions
synopsis: Beasley Broadcast Group, Inc., a radio broadcasting company that owns and operates 42 stations in the United States, has agreed to trade 5 of its radio stations to CBS Radio. The five radio stations include 3 radio stations from Miami, Florida, WKIS-FM, WPOW-FM, and WQAM-AM, as well as 2 stations from Philadelphia, Pennsylvania WXTU, and WRDW.
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. "
 seller: Beasley Broadcast Group, Inc. (NasdaqGM:BBGI:$265.03)
Beasley Broadcast Group owns and operates radio stations in the United States, including, WKIS-FM, the top 40 station WPOW-FM, and the sports station WQAM-AM, all three of which are based in Miami, Florida. They also own Philadelphia- based WXTU and WRDW.
price ($mm)
rev ($mm)
EBITDA ($mm)
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closed 2/1/2006 via

Beasley Broadcast Group, Inc., purchased WJBR-FM 99.5 in Wilmington, Delaware from NextMedia Group, Inc.

See 915 Comparable Transactions
synopsis: Beasley Broadcast Group, Inc., a large- and mid-size market radio broadcaster, has entered into a definitive asset purchase agreement with NextMedia Group, Inc. to acquire WJBR-FM 99.5 Mhz in Wilmington, Delaware for approximately $42 million. Wilmington is the nation’s 75th largest radio market when ranked by revenue.
buyer: Beasley Broadcast Group, Inc. (NasdaqGM:BBGI:$265.03)
Beasley Broadcast Group, Inc. is a radio broadcasting company that owns or operates 42 stations (26 FM and 16 AM) located in ten large- and mid-size markets in the United States. "
 seller: NextMedia Group, Inc.
NextMedia Group is a diversified out-of-home media company headquartered in Denver, Colorado. Pending the close of all announced transactions, NextMedia owns and operates 55 radio stations in 13 markets throughout the United States, and more than 4,000 bulletin and poster displays.
price ($mm)
$42
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 8/8/2006 via BusinessWire

Beasley Broadcast Group, Inc., acquired Radio Nevada Corp.

See 915 Comparable Transactions
synopsis: Beasley Broadcast Group, Inc., a large- and mid-size market radio broadcaster, announced that it has completed the previously announced acquisition of Radio Nevada Corp.'s KDWN-AM 720kHz station in Las Vegas for approximately $17 million.
buyer: Beasley Broadcast Group, Inc. (NasdaqGM:BBGI:$265.03)
Beasley Broadcast Group, Inc. is a radio broadcasting company that owns or operates 42 stations (26 FM and 16 AM) located in ten large- and mid-size markets in the United States. "
 target: Radio Nevada Corp.
Radio Nevada Corp. owns KDWN-AM 720kHz in Las Vegas.
price ($mm)
$17
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 3/31/2021 via BNC Analysis

DraftKings, acquired VSiN

See 170 Comparable Transactions
synopsis: DraftKings, the largest, US-based online gaming destination where players engage in daily fantasy sports competitions, has bought Vegas Sports Information Network (VSiN), an American sports betting news, analysis and data radio network and streaming television channel.
buyer: DraftKings (:$614.53)
DraftKings, Inc. is the largest, US-based online gaming destination where players engage in daily fantasy sports competitions across fantasy football, baseball, golf, basketball, hockey, and college football and basketball. "
 target: VSiN
Vegas Sports Information Network (VSiN) is an American sports betting news, analysis and data radio network and streaming television channel.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 2/25/2021 via BNC Analysis

Bauer Media Group, will acquire Communicorp Media

See 915 Comparable Transactions
synopsis: Bauer Media, a German multimedia conglomerate, has entered into an agreement to buy Irish-based Communicorp Group, a premier media company and home to some of Europe's leading commercial media brands.
buyer: Bauer Media Group
Germany-based Bauer Media Group is a media corporation focused on creating content that matters most to millions of people around the world: from print and online publishing to radio and money-helper services for consumers, as well as sales and marketing services for SMB. "
 target: Communicorp Media
Based in Ireland, Communicorp Media is a premier media company and home to some of Europe's leading commercial media brands. Communicorp owns and operates a portfolio of media channels with a strong focus on commercial radio and emerging digital media.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 2/1/2021 via GlobeNewswire

Gray Television, Inc., will acquire Quincy Media

See 4803 Comparable Transactions
synopsis: Quincy Media, Inc. has approved the sale of the stock of the company to Gray Television, Inc. a public media company headquartered in Atlanta, Georgia. Quincy Media, Inc. is a family-owned media company that owns and operates television stations in 16 markets, newspapers in two markets, radio in one and digital platforms in all.
buyer: Gray Television, Inc. (GTN:$2,168.00)
Gray Television is a leading media company that owns and operates high-quality stations in 94 television markets. With a rich history of over a century and more than 70 years of broadcast television specific expertise, Gray Television delivers meaningful content to millions of viewers each day. "
 target: Quincy Media
Quincy Media, Inc., formerly known as Quincy Newspapers, Inc., is a family-owned media company that owns and operates television stations in 16 markets, newspapers in two markets, radio in one and digital platforms in all. Their broadcast footprint covers much of the upper Midwest.
price ($mm)
$925
rev ($mm)
EBITDA ($mm)
$134
EV / rev
EV / EBITDA
6.9x
announced 12/30/2020 via BNC Analysis

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

See 179 Comparable Transactions
synopsis: Education Media Foundation, an American nonprofit Christian media ministry, is acquiring WCDD Country 107.9, a radio station broadcasting a country music format. It is licensed to Canton, Illinois and serves the Peoria radio market. Their sister station, WBYS, broadcasts St. Louis Cardinal baseball.
buyer: Educational Media Foundation, Inc.
Education Media Foundation is a radio broadcasting company that owns the Adult Contemporary Christian formatted K-LOVE Network and the Christian Pop Music Air 1 Radio Network. Their mission is to communicate the Gospel message through contemporary Christian music and short educational elements. "
 target: WCDD-FM 107.9
WCDD (107.9 MHz FM, CD Country 107.9) is a radio station broadcasting a country music format. It is licensed to Canton, Illinois and serves the Peoria radio market. Their sister station, WBYS, broadcasts St. Louis Cardinal baseball.
price ($mm)
$0.17
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 12/2/2020 via Company Press Release

Stuart McWhorter, acquired Kentucky Sports Radio

See 229 Comparable Transactions
synopsis: The website KentuckySportsRadio.com has been acquired by Stuart McWhorter. Stuart McWhorter was one of the founding investors and directors in 247Sports prior to its acquisition. Kentucky Sports Radio provides sports broadcasting services focusing on the University of Kentucky.
buyer: Stuart McWhorter
Stuart McWhorter is one of the founders of the 247Sports website network and has also worked for Clayton Associates, FirstBank of Tennessee, Haven Behavioral Healthcare, MedEquities Healthcare REIT, JumpStart Foundry, Nashville Entrepreneur Center and Lee Company. "
 target: Kentucky Sports Radio
Kentucky Sports Radio provides sports broadcasting services focusing on the University of Kentucky. It provides online and on- air sports information of basketball, football, and other UK sports. The company was founded in 2005 and is based in Lexington, Kentucky.
price ($mm)
rev ($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

See 915 Comparable Transactions
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)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 9/24/2020 via BNC Analysis

Educational Media Foundation, Inc., will acquire SPIRIT 105.9

See 39 Comparable Transactions
synopsis: Educational Media Foundation, a radio broadcasting company, will acquire KFMK (105.9 FM, "Spirit 105.9"), an Austin, Texas radio station operating a Contemporary Christian format, from CRISTA Media, part of the CRISTA family of ministries.
buyer: Educational Media Foundation, Inc.
Education Media Foundation is a radio broadcasting company that owns the Adult Contemporary Christian formatted K-LOVE Network and the Christian Pop Music Air 1 Radio Network. Their mission is to communicate the Gospel message through contemporary Christian music and short educational elements. "
 target parent: CRISTA Media
target: SPIRIT 105.9
KFMK (105.9 FM, "Spirit 105.9") is an Austin, Texas radio station operating a Contemporary Christian format.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 8/31/2020 via Company Press Release

iHeartMedia, Inc., will acquire WUST 1120 AM

See 12 Comparable Transactions
synopsis: iHeartMedia has entered into an Asset Purchase Agreement for WUST 1120 AM (The New World Radio Network), a unique online radio station located in the Washington DC area. They broadcast foreign language and English programming to the diverse ethnic and international communities in the National Capital Region, around the United States, and Worldwide.
buyer: iHeartMedia, Inc. (OTCPK:IHRT.Q:$3,038.76)
iHeartMedia is the number one audio company in the United States, reaching nine out of 10 Americans every month – and with its quarter of a billion monthly listeners, has a greater reach than any other media company in the U.S. "
 target: WUST 1120 AM
WUST 1120 (The New World Radio Network) is a unique online radio station located in the Washington DC area. They broadcast foreign language and English programming to the diverse ethnic and international communities in the National Capital Region, around the United States, and Worldwide.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 8/20/2020 via BNC Analysis

Augustus Foundation, Inc., will acquire WALQ-AM 1130

See 135 Comparable Transactions
synopsis: The Augustus Foundation, Inc., a Texas not-for-profit licensee, is agreeing to acquire WALQ Radio (WALQ-AM 1130) in Carrville from Westburg Broadcasting Montgomery. WALQ Radio provides talk radio for Montgomery, Alabama and surrounding areas. From the city of Carrville, Ala., WALQ Radio is a Class D daytime-only operation.
buyer: Augustus Foundation, Inc.
The Augustus Foundation, Inc. is a 501(c)(3) nonprofit organization that provides school supplies and scholarships to public and private school students and students wanting to attend college and obtain a college degree. "
 target: WALQ-AM 1130
WALQ Radio provides talk radio for Montgomery, Alabama and surrounding areas. From the city of Carrville, Ala., WALQ Radio is a Class D daytime-only operation.
price ($mm)
$0.04
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 7/22/2020 via BNC Analysis

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

See 140 Comparable Transactions
synopsis: Acadia Broadcasting Limited has entered into a letter of intent to purchase two Halifax radio stations, CKHZ-FM and CKHY-FM. CKHZ-FM, 103.5 FM, "Hot Country 103.5", broadcasts a country music format. CKHY-FM broadcasts a soft adult contemporary format branded as Jewel 105.
buyer parent: Ocean Capital
buyer: Acadia Broadcasting, Ltd.
Acadia Broadcasting Limited is a commercial radio broadcasting company with its headquarters located on historic King Street in Saint John, New Brunswick, Canada. "
 target parent: Evanov Communications
target: CKHZ-FM and CKHY-FM
CKHZ-FM and CKHY-FM are two local radio stations based in Halifax, Nova Scotia, Canada. CKHZ-FM, 103.5 FM, "Hot Country 103.5", broadcasts a country music format. CKHY-FM broadcasts a soft adult contemporary format branded as Jewel 105.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 7/14/2020 via PR Newswire

Sirius XM Holdings Inc., will acquire Stitcher

See 2099 Comparable Transactions
synopsis: SiriusXM, the leading audio entertainment company in the U.S., announced that it has entered an agreement with The E.W. Scripps Company to acquire Stitcher, a pioneer in podcast production, distribution, and ad sales.
buyer: Sirius XM Holdings Inc. (SIRI:$8,002.00)
Sirius XM Holdings Inc. is the leading audio entertainment company in the U.S., and the premier programmer and platform for subscription- and digital advertising-supported audio products. Pandora, a subsidiary of SiriusXM, is the largest ad-supported audio entertainment streaming service in the U.S."
 target parent: The E.W. Scripps Company
target: Stitcher
Stitcher is the best place to listen to, produce and monetize podcasts. The Stitcher app, available for iOS and Android devices, is one of the world's most popular podcast listening platforms, with a growing network of original content and a premium subscription service.
price ($mm)
$265
rev ($mm)
$73
EBITDA ($mm)
EV / rev
4.5x
EV / EBITDA
closed 6/26/2020 via BNC Analysis

Kenmore Broadcasting Corporation, acquired WJJL-AM

See 140 Comparable Transactions
synopsis: WJJL (1440 AM) has been acquired by Kenmore Broadcasting and will be rebranded as WEBR-AM. WJJL is a radio station primarily broadcasting an oldies format. Licensed to Niagara Falls, New York, United States, the station serves the Niagara Falls and Buffalo area from studios in Kenmore.
buyer: Kenmore Broadcasting Corporation
Kenmore Broadcasting Corporation is a radio broadcasting company owned by William Yuhnke and based in Buffalo, New York. "
 target: WJJL-AM
WJJL (1440 AM), to be rebranded as WEBR-AM, is a radio station primarily broadcasting an oldies format. Licensed to Niagara Falls, New York, United States, the station serves the Niagara Falls and Buffalo area from studios in Kenmore.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 6/17/2020 via BNC Analysis

The Salvation Poem Foundation Inc., will acquire Magic 105

See 140 Comparable Transactions
synopsis: Mississippi Valley Broadcasters, doing business as La Crosse Media Group, has agreed to sell WLXR-FM 104.9 (Magic 105) to The Salvation Poem Foundation, a religious media and communications organization. Magic 105 is an adult contemporary station in the La Crosse, Wisconsin market that also hosts The Hit List podcast on its website.
buyer: The Salvation Poem Foundation Inc.
The Salvation Poem is a religious media and communications organization that promotes the gospel through various forms of media. The organization operates a YouTube channel for teaching the Salvation Poem, a children's app for smartphones, and the non-profit radio station Prayz Network. "
 target: Magic 105
Magic 105 is an adult contemporary station in the La Crosse, Wisconsin market. Magic 105 is home to the Hit List podcast, where the hosts discuss various topics, and The Magic Squad, the station's newsletter that includes previews and information on upcoming events and the ability to win prizes.
price ($mm)
$0.30
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 6/17/2020 via BNC Analysis

Magnum Media, will purchase Three Radio Stations from La Crosse Media Group

See 140 Comparable Transactions
synopsis: Magnum Media will purchase Soft Oldies “102.7 MeTV-FM” KQEG, Country “Kicks 106.3” WQCC, and Conservative Talk 1490 WLFN from La Crosse Media. The three radio stations are located in La Crosse, Wisconsin.
buyer: Magnum Media
Magnum Broadcasting owns and operates radio stations. The company also owns television stations and low power television stations. The company was founded in 1991 and is based in Tomah, Wisconsin. "
 seller: La Crosse Media Group
Soft Oldies “102.7 MeTV-FM” KQEG, Country “Kicks 106.3” WQCC, and Conservative Talk 1490 WLFN are radio stations broadcasting in the La Crosse, Wisconsin area.
price ($mm)
$1.40
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 6/10/2020 via BNC Analysis

ACE Radio Network, will purchase 1377AM Melbourne from Pacific Star Network Ltd

See 140 Comparable Transactions
synopsis: Pacific Star Network has offloaded 1377AM Melbourne to Regional broadcaster ACE Radio Network. 1377AM Melbourne (3MP) is a commercial radio station, broadcast from Rowville, Victoria and licensed to Greater Melbourne. It broadcasts a classic rock format on 1377 AM and DAB+ digital radio.
buyer: ACE Radio Network
Since 1984 ACE Radio Broadcasters has been at the forefront of regional Victorian radio. The company has grown over the years to include 17 radio stations, The Weekly Advertiser newspaper, ACE Digital and ACE Direct Sales, employing over 200 people across Victoria and southern New South Wales. "
 seller: Pacific Star Network Ltd (ASX:PNW:$49.71)
1377AM Melbourne (3MP) is a commercial radio station, broadcast from Rowville, Victoria and licensed to Greater Melbourne. It broadcasts a classic rock format on 1377 AM and DAB+ digital radio. Pacific Star Network is an Australian sports media content and entertainment business.
price ($mm)
$3.14
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 6/5/2020 via BNC Analysis

SEN 1116, acquired Radio 2CH Pty Ltd.

See 140 Comparable Transactions
synopsis: SEN 1116, a commercial AM radio station based in Melbourne, Australia, has acquired 2CH from Oceania Capital Partners, an Australian investment company. 2CH is a commercial AM radio station in Sydney, Australia. 2CH mainly broadcasts oldies music and is aimed at an older age demographic.
buyer parent: Crocmedia
buyer: SEN 1116
SEN 1116 is a commercial AM radio station based in Melbourne, Australia. SEN broadcasts sports radio throughout the Melbourne metropolitan area. They tackle the latest sports news 24 hours a day. Their cover the AFL, A-League, international cricket, horse racing, and more. "
 target parent: Oceania Capital Partners
target: Radio 2CH Pty Ltd.
2CH is a commercial AM radio station in Sydney, Australia. 2CH mainly broadcasts oldies music and is aimed at an older age demographic. The station plays non stop classic hits as well as talk shows that provide the latest news and current affairs.
price ($mm)
$8.77
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 6/3/2020 via BNC Analysis

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

See 140 Comparable Transactions
synopsis: “Classic Rock 100.1” WKBH-FM West Salem/La Crosse WI will be acquired by Educational Media Foundation. Classic Rock 100.1 is the Premiere Classic Rock station on Wisconsin’s West Coast. They play only the best rockin’ tunes from the 60's, 70’s, 80’s, 90’s, including Zeppelin, Skynyrd, Queen, Floyd, Aerosmith, The Stones, and Def Leppard.
buyer: Educational Media Foundation, Inc.
Education Media Foundation is a radio broadcasting company that owns the Adult Contemporary Christian formatted K-LOVE Network and the Christian Pop Music Air 1 Radio Network. Their mission is to communicate the Gospel message through contemporary Christian music and short educational elements. "
 target parent: La Crosse Media Group
target: Classic Rock 100.1
Classic Rock 100.1 is the Premiere Classic Rock station on Wisconsin’s West Coast. They play only the best rockin’ tunes from the 60's, 70’s, 80’s, 90’s and even a few “Beyond…” including Zeppelin, Skynyrd, Queen, Floyd, Aerosmith, The Stones, Def Leppard, Metallica, Pearl Jam, and more.
price ($mm)
$0.40
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 5/13/2020 via BNC Analysis

Loud Media, will acquire Lakes Region Radio

See 140 Comparable Transactions
synopsis: Border Media LLC and A&J Radio have announced they are merging their operations as Loud Media and acquiring Classic Hits “Lakes Region Radio” 94.1 WNYV Whitehall/Glens Falls NY, 1340 WVNR and the CP for 96.3 W242DF Poultney VT from Pine Tree Broadcasting Company
buyer: Loud Media
Loud Media is a new local radio company owned and operated by Aaron Ishmael and Ricki Lee. Formed in 2020 as part of a merger of Border Media and A&J Radio. Loud Media is a multimedia company specializing in local radio, digital and social. ​ "
 target: Lakes Region Radio
Lakes Region Radio is a radio station broadcasting on 94.1FM & 1340AM in Poultney, Glens Falls, Queensbury, Saratoga and everywhere in-between. Lakes Region Radio plays music in the adult hits radio format.
price ($mm)
$0.15
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 4/30/2020 via BNC Analysis

First Media Services, will purchase Five Radio Stations from Cumulus Media Inc.

See 915 Comparable Transactions
synopsis: First Media Services has acquired a group of radio stations from Cumulus Media. The assets acquired include News/Talk WALG-AM 1590 and silent FM translator W257ED at 99.3 MHz in Albany, GA.; Class A WQVE-FM 101.7 in Albany, GA.; Class C1 WKAK-FM 104.5 in Albany, GA.; Class C3 WJAD-FM 103.5 in Leesburg, GA.; and Class C3 WEGC-FM 107.7 in Sasser, GA.
buyer: First Media Services
First Media Services is a West Virginia media company. The company owns and operates the radio stations WKQR (Kiss FM), WKQB (Mix 102.9), WAMN/WELC (Willie 94.5), WHAJ (J104), WHIS (News Talk), WHKX and WHQX (Kicks Country), and WKOY (The Eagle Classic Rock). "
 seller: Cumulus Media Inc. (OTCPK:CMLS.Q:$855.79)
The assets acquired from Cumulus Media include News/Talk WALG-AM 1590 and silent FM translator W257ED at 99.3 MHz in Albany, GA.; Class A WQVE-FM 101.7 in Albany, GA.; Class C1 WKAK-FM 104.5 in Albany, GA.; Class C3 WJAD-FM 103.5 in Leesburg, GA.; and Class C3 WEGC-FM 107.7 in Sasser, GA.
price ($mm)
$0.45
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 4/30/2020 via BNC Analysis

WMUK 102.1 FM, will purchase WKDS 89.9 FM from Kalamazoo Public Schools

See 140 Comparable Transactions
synopsis: Kalamazoo Public Schools will sell the district’s radio station WKDS 89.9 FM to Western Michigan University. The Board of Education approved the sale of WKDS 89.9 FM to WMU’s radio station WMUK 102.1 FM. WKDS (89.9 FM) is a high school radio station broadcasting a rhythmic contemporary hits format. The 89.9 FM station will be dedicated to classical
buyer parent: Western Michigan University
buyer: WMUK 102.1 FM
WMUK 102.1 FM is the professional broadcasting service of Western Michigan University broadcasting at 102.1 FM. WMUK provides three streams of digital content (two HD broadcast channels) 24/7. WMUK broadcasts two different audio channels (WMUK-1 and WMUK-2) twenty-four hours a day. "
 seller: Kalamazoo Public Schools
WKDS (89.9 FM) is a high school radio station broadcasting a rhythmic contemporary hits format. The 89.9 FM station will be dedicated to classical music.
price ($mm)
$0.13
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
Pages:  

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Houston Outlaws

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Esports Gaming League

The Cubs Esports Pty Ltd

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Tainted Minds

Simplicity Esports

Splyce

Red Reserve

Complexity Gaming

The Roanoke Reign

eSports Hero, Inc.

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Houston Outlaws

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105.9 Kiss-FM

92.5 XTU

WBZ-FM 98.5

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Greater Media, Inc

CBS Radio, Inc.

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NextMedia Group, Inc.

Radio Nevada Corp.

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VSiN

Communicorp Media

Quincy Media

WCDD-FM 107.9

Kentucky Sports Radio

Entercom Communications Corporation

SPIRIT 105.9

WUST 1120 AM

WALQ-AM 1130

CKHZ-FM and CKHY-FM

Stitcher

WJJL-AM

Magic 105

La Crosse Media Group

Pacific Star Network Ltd

Radio 2CH Pty Ltd.

Classic Rock 100.1

Lakes Region Radio

Cumulus Media Inc.

Kalamazoo Public Schools

Pages:  
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APN News & Media Limited
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Entravision Communications Corporation
Entravision Communications Corporation
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Townsquare Media Group
Townsquare Media Group
Townsquare is a diversified media, entertainment and digital marketing services company that owns and operates radio, digital and live event properties. The Company specializes in creating and distributing original entertainment, music and lifestyle content.
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Ticker: ENXTAM:TMG
 
 
 
 
 
 
 
 
Telegraaf Media Groep N.V.
Telegraaf Media Groep N.V.
Telegraaf Media Groep N.V. (TMG) is one of the largest media companies in the Netherlands. Their publication brands include De Telegraaf, DFT, Telesport, Metro, Autovisie, Privé and VROUW. They also have radio and online video brands such as Sky Radio and Telegraaf VNDG.
year
2017
rev ($mm)
$490.06
EBITDA ($mm)
$19.69
EBIT ($mm)
$7.23
Net Income ($mm)
$1.82
Employees
1484
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Ticker: ENXTPA:NRG
 
 
 
 
 
 
 
 
NRJ Group
NRJ Group
NRJ GROUP is a leading group of French private media acting as an editor, producer, broadcaster. In France, NRJ is market leader in the private radio market through its four brands (NRJ, CHERIE FM, Nostalgie and Rire & Chansons), a significant player in the TV market.
year
2016
rev ($mm)
$403.76
EBITDA ($mm)
$54.25
EBIT ($mm)
$26.00
Net Income ($mm)
$29.68
Employees
1750
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Ticker: KLSE:MEDIA
 
 
 
 
 
 
 
 
Media Prima Bhd
Media Prima Bhd
As Malaysia’s largest media company, Media Prima enriches millions of lives across the country every day with award- winning content. Media Prima is in the business of providing news, information and entertainment through their integrated media platforms.
year
2018
rev ($mm)
$300.81
EBITDA ($mm)
($0.90)
EBIT ($mm)
($24.87)
Net Income ($mm)
Employees
3919
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