Wednesday, September 2, 2015

Alpha Media closes purchase of Morris Communications Radio stations (Press Release)

Alpha Media of Portland, Oregon announced today they have closed the purchase of radio stations from Morris Communications. The Morris purchase includes thirty-six radio stations located within the following markets; Topeka, KS; Salina, KS; Amarillo, TX; Palm Springs, CA; Anchorage, AK; Wasilla, AK; Grays Harbor-Hoquiam, WA and Wenatchee-Columbia River, WA.

When all pending deals are completed, it will bring the total number of stations owned by Alpha Media to two hundred, fifty-two. Chairman of Alpha Media, Larry Wilson commented on the acquisition, “I have enjoyed getting to know Mr. Morris and am thrilled to be adding stations that have been in the hands of such a successful and influential team. We look forward to expanding our Alpha family.”

George Reed of Media Services Group is the broker for Alpha Media.

Upon the successful completion of all pending transactions, Alpha Media, headquartered in Portland, Oregon will own 252 radio stations within 54 markets across the United States covering all formats including Top 40, Adult Contemporary, Spanish, Urban, News Talk, Sports, Rock, Country and more. In addition to the radio stations, Alpha Media owns the intimate performance venues, Skype Live Studio in Portland, Oregon and Alamo Lounge in San Antonio, Texas.