Triton/Dial Global Buys Waitt Radio Networks
April 30, 2008 at 1:49 PM (PT)
TRITON RADIO NETWORKS and its subsidiary DIAL GLOBAL DIGITAL 24/7 have purchased WAITT RADIO NETWORKS from NRG MEDIA for an undisclosed price. The deal integrates WAITT's 11 formats and its commercial production service into DIAL GLOBAL's DIGITAL 24/7 FORMATS, with the combined entity reaching over 925 stations.
"We’re thrilled to add WAITT to our growing portfolio of radio programming properties," said TRITON RADIO NETWORKS CEO SPENCER BROWN. "This is another strong signal to both our advertisers and our affiliated stations that we are committed to top quality programming and state of the art technology."
"No other company in the network space can offer stations these diverse choices," added WAITT's KURT LUCHS, who will remain on board as VP and will continue to manage the day-to-day operations in OMAHA. "Thanks to what DIAL GLOBAL has done on the ad sales side, this is already our best year ever. Joining forces at a deeper level will make an unbeatable combination."
"We are truly excited about the WAITT MEDIA acquisition with their great formats, exciting technology and great team led by KURT LUCHS," said DIAL GLOBAL Co-President/CEO DAVID LANDAU. "This is a great complement to the DIAL GLOBAL DIGITAL 24/7 RADAR Network."