Illinois News Network Buys Illinois Radio Network
December 29, 2015 at 7:37 AM (PT)
The ILLINOIS POLICY INSTITUTE's ILLINOIS NEWS NETWORK (INN) has acquired THE ILLINOIS RADIO NETWORK (IRN), effective DECEMBER 31st, CHICAGORADIOANDMEDIA.COM reports. Terms of the sale are not yet disclosed.
Originally owned by SAGA in 1977, IRN reports are heard on over 40 radio stations statewide. delivering approximately two-minute state newscasts and sportscasts to affiliates. The nonprofit INN, launched in JULY 2012, is funded by grants and private donations.
Upon successful takeover of IRN later this week, the service will use the name of INN, with the IRN name being dropped. The news service will continue to have journalists in SPRINGFIELD, with a small bureau in CHICAGO, providing statewide coverage of news, sports, and information.
"We are thrilled to have ILLINOIS RADIO NETWORK becoming a part of INN," ILLINOIS POLICY INSTITUTE CEO JOHN TILLMAN said. "Both organizations have a history of promoting transparency and accountability in government. And we look forward to continuing that fine tradition. Of course, we will continue SAGA's commitment to serving IRN's affiliates and their audiences."
"INN will continue to pursue independent news representing the taxpayer's voice according to the highest journalism standards," said INN Exec. Editor SCOTT REEDER.