Regional Media Acquires Three In Princeton IL
Regional Media – Virden Broadcasting has announced the acquisition of WZOE Inc.’s three stations in Princeton IL.
The company will acquire Classic Hits “Z98” 98.1 WZOE-FM Princeton, Country 100.5 WRVY-FM Henry, and News/Talk 1490 WZOE Princeton for an undisclosed amount. An LMA will go into effect on February 1. The stations all serve the Lasalle-Peru market.
Regional Media – Virden Broadcasting (RM), announced today that they have entered into a definitive agreement to purchase, WZOE-AM 1490, WZOE-FM (Z-98), and WRVY 100.5, as well as, numerous digital assets serving Princeton Illinois and the surrounding area.
Commenting on the acquisition, Regional Media – Virden Broadcasting President and CEO, Fletcher Ford said, “We’re very happy to be able to expand to the Princeton area; they fit nicely into our overall plan of concentration in Illinois and will allow us to further support local communities.”
“For over half a century, WZOE and its sister stations; Z98 and WRVY have brought local content and care to the Illinois Valley and the surrounding areas. I cannot think of a better group of people to continue this tradition than Fletcher Ford and his Team at Regional Media. I am excited to assist with bringing their excellence in broadcasting to Princeton and the surrounding markets” says current WZOE Inc Chief Operating Officer Mike Samet.
Tom Clark has been named General Sales Manager with current Regional Media Vice President of Operations Jason Gilbraith taking an active role in the day to day operations.
Regional Media – Virden Broadcasting will take over operations on February 1, 2019.
Regional Media, is one of the largest and one of the most diversified broadcasting companies in Illinois and Iowa with affiliations with many local communities. The company regularly uses its website as a key source of company information which can be accessed at www.RegionalMedia.info