Allen Kepler Acquires Full Ownership Of Broadcast Architecture, Pacts With USRN
November 11, 2009 at 2:47 PM (PT)
CLEAR CHANNEL has agreed to sell its interest in BROADCAST ARCHITECTURE INC. to company President ALLEN KEPLER. BROADCAST ARCHITECTURE will go forward as an independent entity ; KEPLER takes full ownership of BA on JAN. 1st, 2010.
"I'm deeply grateful to TOM OWENS, JOHN HOGAN and the management at CLEAR CHANNEL for this extraordinary opportunity," BROADCAST ARCHITECTURE Pres. ALLEN KEPLER stated: "While we'll miss being part of the CC family, we welcome the broad possibilities going forward with all of our radio partners, including CLEAR CHANNEL. JANUARY 1st, 2010 will mark my 20th anniversary with BROADCAST ARCHITECTURE. I see this moment as a great new beginning for our wonderful team including our senior managers: STUART SAUNDERS, RAD MESSICK, ELLIOTT WOOD, HAROLD AUSTIN, STEVE WIERSMAN and TIM SCHIAVELLI. We're excited to be moving ahead with our current partners and making new friends over the next 20 years."
"Allowing ALLEN to acquire BA was a perfect solution to CLEAR CHANNEL’s desire to transition from a fixed to variable cost of research while providing ALLEN and his excellent team an opportunity to expand their service to other content providers without restriction," CLEAR CHANNEL SVP TOM OWENS noted.
USRN Gets Jazzed
Two months from being a standalone entity, BROADCAST ARCHITECTURE has subsequently pacted with UNITED STATIONS RADIO NETWORKS for it to serve as BA’s affiliate relations and advertising sales arm throughout the domestic U.S. This new deal covers the Smooth Jazz Network, providing consulting, research, and more recently programming for more than 75 radio stations, as well as syndicated weekend programs, The Smooth Jazz Top 20 Countdown and Smooth Jazz Weekend. BA's research clients are not included in the new agreement with UNITED STATIONS.
"Our relationship with BROADCAST ARCHITECTURE goes back nearly 15 years, and we're big believers in what they do," USRN’s Pres./COO JIM HIGGINS said. "We also believe that there’s a fantastic opportunity in today’s radio climate to help them to expand the reach of their services as well as increase their revenue streams."
"The team at UNITED STATIONS completely understands our world both creatively and on the business side," BROADCAST ARCHITECTURE Pres./CEO ALLEN KEPLER said. "Smooth Jazz remains the most unique format in radio and offers advertisers access to the most affluent and exclusive audience reached by the medium. We're extremely excited about our future with USRN as our partner."