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Press Releases
DAVIDSON MEDIA GROUP, LLC, ANNOUNCESFebruary 13, 2006
Davidson Media Group, has agreed to purchase WTMT-AM/WTSZ-FM radio, in Louisville, Kentucky, for $2,100,000.00 according to Peter Davidson, President of Davidson Media Group. The stations were sold by LB Radio of Louisville, LLC; Jefferson Broadcasting Company, Inc.; and Metro East CBC, Inc. American Media Services, of Charleston, South Carolina, represented Davidson Media Group in this transaction. "This transaction is indicative of a positive beginning for 2006, and we think this year will eclipse the record-breaking year we had in 2005," said Todd Fowler, President of Brokerage for AMS. "As we reach the halfway point of the first quarter of 2006, we are right where we anticipated we would be." AMS is the fastest growing brokerage company in the U. S., and ended 2005 with a total of more than $57.5 million in brokerage transactions. AMS is a full-scale brokerage, engineering and developmental engineering firm, and its developmental division leads the country in successfully implementing station upgrades by moving them into larger markets, dramatically increasing their value. Since its founding in 1997, AMS has increased the value of 21 stations across the country by $205.1 million, and more than $200 million in proposed rulemakings are currently pending before the FCC. AMS is headquartered in Charleston, with regional offices in Chicago, Dallas and Austin, TX. A new regional office has just been opened in Denver. |
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