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Thursday, August 6, 2015

Wilson Does It Again

Wilson Does It Again
Aug 5th 2015, 05:16
With the announced purchase of Digity's 116 stations, Larry Wilson's Alpha Media will become the fourth largest radio company in America by station count with 251. Only iHeartMedia (861), Cumulus (451) and Townsquare (315) will have more. It also puts Alpha in third in terms of number of markets with 54. iHeartMedia is in 150 and Cumulus is in 92. During his Citadel run, before selling to Forstmann Little in 2001 (for $2.1 Billion), Wilson had accumulated 205 stations in 42 markets across 26 states. In 2009, Wilson decided retirement wasn't for him and started this latest run with a six-station purchase in Portland. Six years later, he's at 251 stations. Here's a list of the markets that will soon hang out the Alpha Media banner