Alpha Media plans to buy nine radio stations from Access 1 Communications.
That will bring to 83 the number of Alpha properties (and includes the pending acquisition of six California stations) and allows the Portland, Ore.-based broadcaster to enter two new markets: Shreveport, La., and Tyler-Longview, Texas.
Five of the nine stations involved in the transaction are located in Shreveport: KBTT(FM), KOKA(AM), KDKS(FM), KLKL(FM) and KTAL(FM). The other four stations are in Tyler-Longview: KKUS(FM), KOOI(FM), KOYE(FM) and KYKX(FM).
Alpha Media will begin operating the Access 1 stations under an LMA starting Jan. 1.
Alpha Media Chairman Larry Wilson says the properties “fit right in our sweet spot for live and local radio and we are very much looking forward to the acquisition.”
“With our sale to Alpha Media, our employees, listeners and advertising partners in East Texas and Shreveport, La., will have the opportunity to work with a visionary group of media professionals with a demonstrated track record of success.” Access 1 is “passing the baton” to professionals “who will maintain that intimate connection with listeners and advertisers that we have come to cherish,” says Access 1 Communications President/CEO Chesley Maddox-Dorsey.
The transaction is subject to FCC approval. George Reed of Media Services Group is the broker for Access 1 Communications.