Infinity Broadcasting, the radio broadcasting and outdoor advertising division of Viacom Inc., and Westwood One have acquired approximately 690,000 shares of DG Systems, which delivers short-form audio and video content to the broadcast industry.
Infinity and Westwood converted their 50% ownership of Musicam Express, LLC (which was also 50% held by StarGuide) into DG Systems shares. StarGuide is a wholly owned subsidiary of DG Systems. It supplies program delivery and radio spot delivery systems and services to radio, including Infinity and Westwood.
Infinity, WWO Acquire DG Shares
Infinity, WWO Acquire DG Shares