Wednesday, August 15, 2007

NRG Buys Lincoln Stations

Cedar Rapids, Iowa-based NRG Media – which owns or operates 20 radio stations in Nebraska (seven in Omaha) – is adding to that total.

NRG announced Tuesday that the company has signed an agreement to acquire the assets of Triad Broadcasting’s five station cluster in Lincoln. The stations are: KFGE-FM, KBBK-FM, KLNC-FM, KLIN-AM, and KWBE-AM. The LMA starts on August 16.

“Triad Broadcasting has been operating in the Lincoln market for the past eight years and has done an incredible job of putting together a group of dedicated, hard working people,” NRG President/CEO Mary Quass (pictured) said in an memo to NRG employees on Tuesday.

“This acquisition is a terrific addition to the company and will help us to grow and better serve our communities in the Midwest.”

Incidentally, Quass was recently named by Radio Ink magazine as one of the “40 Most Powerful People in Radio.”

NRG Media consists of 83 radio stations throughout 7 states in the Midwest.

2 comments: