Triton Acquires Radio Companion; DeSantis Upped To SVP
June 30, 2008 at 12:48 PM (PT)
TRITON MEDIA GROUP makes another acquisition, buying web application and tools company RADIO COMPANION (Radiocompanion.com) for an undisclosed price. RADIO COMPANION offers a set of website tools designed to work with any hosting provider to add new revenue streams.
TRITON President and CEO NEAL SCHORE said, "We’ve admired the RADIO COMPANION tools and team for some time now and it’s great to complete this transaction and welcome them to the TRITON family. The RADIO COMPANION applications have delivered significant revenue to their client stations. We look forward to providing these exciting products to TRITON's rapidly expanding affiliate base."
TRITON MEDIA CEO MIKE AGOVINO added, "TRITON's commitment to providing 'best of breed' digital content and services has helped to make us the leader in this space. That tradition continues with the acquisition of RADIO COMPANION. CHRIS PEASLEE and TOM PINKUS, RADIO COMPANION Co-Founders, are both radio experts and technologists. Having spent many years inside the walls of radio stations as managers, producers, writers and web developers, they have developed all of their products with a practical understanding of the usage, impact and revenue potential for radio."
PEASLEE and PINKUS issued a statement saying, "We’re excited to join NEAL, MIKE and the entire TRITON MEDIA team. TRITON is a forward-thinking company dedicated to taking traditional and digital media to the next level. This is a perfect fit for the solutions we build, which are designed to work within the fabric of the radio station by integrating into their existing workflow and always supporting the mission and daily challenges of each department within the station. We are first and foremost radio guys, and we’ve dedicated ourselves to building custom solutions for radio, rather than trying to force technology that was built for other purposes. Everything that we launch has radio baked into its core DNA."
Frank DeSantis Upped To SVP/Business Development
FRANK DESANTIS, who has been with DIAL GLOBAL’s newly acquired JONES/MEDIA AMERICA for nineteen years, has been promoted to DIAL GLOBAL’s Senior Vice President, Business Development effective immediately.
DESANTIS, who has been VP/Business Development at JMA said, “I am tremendously excited by the opportunity that the new alliance with DIAL GLOBAL presents to the national radio marketplace. I see great things ahead as we continue to grow our presence. I look forward to working with everyone at Dial Global to help develop great properties for radio.”