Ownership
On March 1, 2007, it was announced that GoodRadio.TV LLC planned to buy The Shepherd Group of radio stations in Missouri. The Shepherd Group operated 16 small-market radio stations in Missouri. The deal was reportedly worth $30.6 million.
Dean Goodman formed the new company, GoodRadio.TV. He is the former president and chief executive officer of the television broadcasting company ION Media Networks Inc. Goodman stepped down from ION Media Networks in October 2006.
The Shepherd Group included KJEL-FM and KBNN in Lebanon; KJFF in Festus; KREI and KTJJ in Farmington; KRES and KWIX in Moberly; KIRK in Macon; KIIK, KOZQ-FM, KJPW and KFBD-FM in Waynesville; KAAN-FM and KAAN in Bethany; and KMRN and KKWK in Cameron.
Read more about this topic: KAAN-FM
Famous quotes containing the word ownership:
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—Federal Writers’ Project Of The Wor, U.S. public relief program (1935-1943)