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Sunday, August 24, 2014

NRG Adds Four in Iowa for $3.55 Million


Mary Quass' NRG Media has purchased KOKZ-FM; KFMW-FM, KXEL-AM and KWLO-AM in the Waterloo/Cedar Falls, Iowa metro from Woodward Communications. Woodward Communications operated the stations for the past two plus years and prior to Woodward, Bahakel Broadcasting owned KXEL-AM for 54 years from 1958 to 2012 and KOKZ-FM; KFMW-FM and KWLO-AM from 1996 -2012.

Quass said, ?We are delighted to have the opportunity to add the stations in Waterloo/Cedar Falls to our platform. We continue to look for great radio properties that are located in the Midwest and are an integral part of the communities they serve.? Quass added: ?NRG is pleased to be adding these strong stations to our company of great local radio stations.? Jody McCoy of Media Services Group?s Colorado Springs office brokered this deal for Woodward.

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