Quass Signs Off On Another NRG Asset Sale
5 Articles
5 Articles
NRG Media to Sell Its Wisconsin Stations to Midwest Communications
NRG Media has filed an application with the FCC to sell its Wisconsin stations to Midwest Communications. The deal is for $2.5 million, according to documents filed with the commission. The broker for the sale, Kalil & Co., announced the transfer. As a result of the agreement, Midwest has also filed a local ownership rule waiver request with the FCC, as the 10 full-power stations in the Wausau-Stevens Point market it would own exceeds the six-st…
Midwest Seeks Waivers to Buy NRG Stations in North-Central Wis. – NorthPine: Upper Midwest Broadcasting
Midwest Communications is seeking waivers of ownership caps to buy ten radio stations in north-central Wisconsin from NRG Media, telling the FCC that it plans to change some formats if the sale is approved. According to an asset purchase agreement filed with the FCC on March 19, Midwest’s WRIG Inc. will pay NRG $2.5 million for the stations serving the Wausau-Stevens Point, Rhinelander, and Minocqua areas. They include: “Hot 96.7” (WHTQ Whiting…
Midwest Communications Acquires Ten In Wisconsin From NRG Media
NRG Media continues to divest its portfolio as the company has agreed to sell ten stations and two translators in Rhinelander and Wausau Wisconsin to Midwest Communications’ WRIG Inc. for $2.5 million. Midwest will enter Rhinelander WI with the addition of NRG Media’s six station cluster of AC “95.9 The Island” WMQA Minocqua, “Hodag Country 97.3” WHDG Rhinelander, Variety Hits “100.1 Jack-FM” WRHN Rhinelander, Classic Rock “Rock 105.3” WRLO Anti…
NRG Sells Wisconsin Assets To Midwest
• A contract has been signed and an application is being filed with the FCC, as WRIG, Inc., an affiliate of Midwest Communications announces the impending acquisition of 10 Wisconsin radio stations and two translators from NRG Media. The transaction bolsters Midwest’s current cluster in the Wausau market, as it will acquire WBCV-FM/Wausau, WI; WGLX-FM/Wisconsin Rapids, WI; WHTQ-FM/Whiting, WI; WYTE-FM/Marshfield, WI; and WRLO-FM/Antigo, WI, whil…
Quass Signs Off On Another NRG Asset Sale
In early February, RBR+TVBR shared the details surrounding the exit of Mary Quass-led NRG Media from the Omaha-Council Bluffs radio market after more than two decades. Now, broker of record Kalil & Co. has shared the news that NRG Media is agreeing to sell a collection of radio stations and FM translators in Wisconsin. The buyer is the privately held operation led by Peter Tanz. Please Login to view this premium content. (Not a member? Join Toda…
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