August 29, 2008
Home
About
Submit Press Release
PR Firms
Editors/Journalists
Search Archives
 
News Releases by Category  
News by Country  
News by MSA  
All News for Today  
Browse News by Day  
News by Trackbacks  
All Press Releases for September 12, 2007 Subscribe to this News Feed  
 

A Portfolio Company of McCarthy Group, NRG Media Acquires Lincoln Radio Stations: NRG Media ''Great Local Radio''

Download this press release as an Adobe PDF document.

Mary Quass NRG's chief executive officer, president and COO Chuck DuCoty along with Triad CEO and President David Benjamin announced the purchase of five stations in Lincoln, Nebraska. Broadening their regional footprint in the Midwest radio market.

CEDAR RAPIDS, Iowa (BusinessWire EON) September 12, 2007 -- Mary Quass NRGs chief executive officer, president and COO Chuck DuCoty along with Triad CEO and President David Benjamin announced the purchase of five stations in Lincoln, Nebraska. Broadening their regional footprint in the Midwest radio market.

Our focus is to provide all of our markets with Great Local Radio and we are committed to being an active and integral part of the communities we serve.
NRG Media is owned by Alta Communications a Boston based private equity firm, an affiliate of WaittCorp., an affiliate of Omaha based McCarthy Group, and management. This acquisition is a terrific addition to the company and will help us to grow and better serve our communities in the Midwest, said Quass Our focus is to provide all of our markets with Great Local Radio and we are committed to being an active and integral part of the communities we serve. NRG Media originated from a 2005 consolidation of radio stations owned by Waitt Media and NewRadio Group.

About NRG Media LLC

NRG Media is one of the largest radio network in the country with more than 80 radio stations throughout 7 states in the Midwest. The company is headquartered in Cedar Rapids, Iowa.

About McCarthy Capital Corp.

McCarthy Capital is an Omaha, Nebraska based private equity firm with approximately $1 billion under management. McCarthy Capital is a subsidiary of McCarthy Group, LLC.

About Alta Communications

Alta Communications is a Boston-based private equity firm. Alta invests in information technology, communications, and media. Alta currently has approximately $1.5 billion of capital under management.

About WaittCorp. LLC

WaittCorp. was founded in 1998 as a holding company for Chairman Norm Waitt, Jr.s investments and operating companies; NRG Media, Gold Circle Films, Waitt Outdoor and Waitt Interactive. WaittCorp. also has investments in the following industries: real estate, energy, public securities and private securities.

Trackback URL: http://www.prweb.com/pingpr.php/UGlnZy1TdW1tLUVtcHQtTWFnbi1UaGlyLVplcm8=


See the original story at: http://eon.businesswire.com/releases/media/mccarthy/prweb553155.htm
Email this story to a colleague
Printer Friendly Version
Bookmark with del.icio.us
Bookmark with Y!MyWeb
Submit to Digg
Katrina Mathews
McCarthy Group
402 991-8411
Email us Here

There are no multimedia files attached to this release. If this is your release you may add images or other multimedia files through your login.

If you have any questions regarding information in these press releases please contact the company listed in the press release. Please do not contact PRWeb. We will be unable to assist you with your inquiry. PRWeb disclaims any content contained in these release. Our complete disclaimer appears here.
 
Disclaimer: If you have any questions regarding information in these press releases please contact the company listed in the press release.
Please do not contact PRWeb®. We will be unable to assist you with your inquiry.
PRWeb® disclaims any content contained in these releases. Our complete disclaimer appears here.

© Copyright 1997-2007, Vocus PRW Holdings, LLC.
Vocus, PRWeb and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.

Terms of Service | Privacy Policy | Copyright