Thoughts and observations on the radio/TV station and wireless tower trading markets. A look at the impact and integration of new media into station operations.
Station values, stations for sale, radio and TV station news, towers, and more from the Managing Director of Media Services Group.
Wednesday, May 1, 2013
Congratulations to Duke Wright, Jim Ingstad and our own Jerry Johnson!
Communications has completed the acquisition of the assets of Radio
Fargo-Moorhead, the parent company of KFGO-AM, KVOX-AM, KBVB-FM, KMJO-FM,
KRWK-FM and WDAY-FM for $25 million.
Fargo-Moorhead is headed by Jim Ingstad. Midwest Communications, headed by Duke
Wright, owns 47 radio stations in Wisconsin, Minnesota, Michigan, Illinois and
Jerry Johnson of Media Services Group’s
Minneapolis office represented the seller in this transaction.