NextMedia says good day to Goodman


Dean GoodmanThe diverse station portfolio of NextMedia is on its way to Dean Goodman (pictured), principal of Palm Beach Broadcasting. When the deal closes, Goodman’s group footprint will expand considerably beyond its current West Palm Beach FL limits.

NextMedia’s leading executives are President Jim Donahoe and VP/CFO Eric W. Newmann.

Donahoe said, “Dean Goodman is a veteran broadcaster committed to the long-term future of radio and we are pleased that he will build upon our strategy to provide live and local programing to our respective communities.  We thank and congratulate the market employees who have remained committed to our vision and helped grow and position our stations.”

Goodman added, “The NextMedia stations have grown in challenging economic environments, which is a credit to Jim Donahoe and his excellent team of broadcast professionals.  Our similar operational approach will super-serve local communities with compelling on-air products and innovative digital strategies.”

The assets will be bought by Digity LLC, a subsidiary of Palm Beach Broadcasting.

In all, 33 stations in eight markets are changing hands. Terms of the deal were not disclosed.

There are said to be second parties involved in the deal on both the seller and buyer side of the table. Two of the stations in the Chicago area are being sold by The Mile High Station Trust to Matrix Broadcasting.

According to RBR-TVBR archives, Mile High Trust is under the control of Media Venture Partners broker Elliot Evers.

Here are the stations currently owned and/or operated by NextMedia.
San Jose CA
KEZR-FM 106.5 Hot AC
Chicago (Joliet-Aurora IL)
WERV-FM 95.9 Classic Hits
WCCQ-FM 98.3 Country
WJOL-AM 1340 News-Talk-Sports
WSSR-FM 96.7 Hot AC
WRXQ-FM 100.7 Classic Rock
Chicago (Waukegan IL)
WKRS-AM 1220 Spanish Sports
WXLC-FM 102.3 Hot AC
Saginaw MI
WCEN-FM 94.5 Country
WGER-FM 106.3 Hot AC
WSGW-AM 790 News-Talk
WSGW-FM 100.5 FM Talk
WTLZ-FM 107.1 Urban AC
Greenville-New Bern NC
WRNS-FM 95.1 Country
WRNS-AM 960 Country
WXQR-FM 105.5 Rock
WQZL-FM 101.1 Jack Classic Hits
WQSL-FM 92.3 Jack Classic Hits
WANG-AM 1330 Standards
Canton OH
WHBC-AM 1480 News-Talk-Sports
Myrtle Beach SC
WKZQ-FM 96.1 Rock
WHNN-FM 99.5 Hot Talk
WRNN-AM 1450 News-Talk
WYAV-FM 104.1 Classic Rock
Dallas-Fort Worth TX
KMKT-FM 93.1 Country
KMAD-FM 102.5 Rock