Alpha Media Now Fourth Largest Broadcast Company After Digity Acquisition
August 7, 2015 at 9:50 AM (PT)
PORTLAND, OR-based ALPHA MEDIA has become the fourth largest broadcasting company in the U.S. upon its acquisition of 116 DIGITY stations this week (NET NEWS 8/5). While fourth in station count, ALPHA MEDIA is third in terms of number of markets.
When all pending deals are completed, it will bring the total number of stations owned by ALPHA MEDIA to 251 in 54 markets across the U.S., covering all formats including Top 40, Adult Contemporary, Spanish, Urban, News Talk, Sports, Rock, Country and more. In addition to the radio stations, ALPHA MEDIA owns the intimate performance venues, SKYPE LIVE STUDIO in PORTLAND and ALAMO LOUNGE in SAN ANTONIO.
Commenting on the acquisition, ALPHA MEDIA Chairman LARRY WILSON said: “We are extremely pleased to acquire from exceptional operators and management who truly understand radio. DEAN [GOODMAN] and his team have done a tremendous job with these stations. They will be a great addition to our live and local vision across the country.”
DIGITY COMPANIES CEO GOODMAN added: “LARRY WILSON and I have a shared vision for the radio renaissance in progress now. Radio is live, local media enhanced by digital delivery and community focused events. Our success is the result of an employee environment of collaboration, transparency and innovation. I am honored to have worked with the great broadcasters at DIGITY and the dynamic growth they've created. DIGITY and ALPHA are a perfect match.”