dMarc Buys Scott Studios; Looking for Others - Radio World

dMarc Buys Scott Studios; Looking for Others

dMarc Buys Scott Studios; Looking for Others
Author:
Publish date:

Dave Scott has sold his three companies — Scott Studios Corp., Computer Concepts Corp. and Scott Concepts Corp. — to dMarc Broadcasting.
Scott stays on as president but plans to retire in three years. His company calls itself the largest digital air studio systems vendor. Terms were not disclosed.
dMarc is run by Chad and Ryan Steelberg. Dave Scott says the Steelbergs have $29 million in investment money available “to buy other radio companies to dovetail with Scott.” They said no operational changes will take place in employees, locations or product lines supported.
Scott is known primarily as an automation system provider, dMarc for its data products.
“The new combo will expand Scott Studios' digital systems and add dMarc's data technologies to solve broadcast challenge,” the companies said in the statement. “Scott systems also add program auxiliary data (PAD) of HD Radio and RDS, as well as revenue enhancements through data advertising and auxiliary data services.”
dMarc Broadcasting is itself a new firm, based in Newport Beach, Calif. In addition to Scott, it also bought the broadcast assets of dMarc Networks.

Related