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Sunday, May 5, 2013

Armada Media Purchases Eight in Nebraska

5-3-13

Armada Media announced the acquisition of eight stations in Nebraska, two FM?s in North Platte market (KZTL & KRNP) and six stations in the Scottsbluff market (KMOR-FM, KETT-FM, KOZY-FM, KHYY-FM, KOAQ-AM & KOLT-AM).  Armada is acquiring the stations from GI Hometown Family / Legacy Broadcasting. 

Included in the transaction GI is acquiring Armada?s two stations (KMTY-FM &  KUVR-AM) in Holdrege, NE.  Armada Media President and CEO Chris Bernier said, ?This is a perfect fit for Armada, with the addition of two FM?s to our cluster in North Platte we now have five stations in the market (Four FM?s and an AM) and gives us the dominate position we?ve been striving for.  Also, we add a market we?ve been looking at for a long time in Scottsbluff, we?ve believe there is tremendous growth potential in the market.?  An LMA began on the stations immediately.  Armada now operates 37 radio stations in 7 states in the Midwest.



View the original article here