A local radio group based in Grand Island, Neb., has closed on its purchase of five NRG Media central Nebraska radio stations and one FM translator.
The buyer, Usher Media Group, originally announced the deal in November, and it includes signals in Kearney, Hastings and Grand Island.
Usher Media also acquired the operations of the website news portal centralnebraskatoday.com.
According to the companies’ filing with the FCC, the purchase of the five stations and one associated FM translator was $3.75 million.
Usher Media is headed by the Grand Island-based Alan Usher. As a result of the deal, Usher and his wife, Joanna, divested their shares in Legacy Communications, an eight-station cluster also based in Grand Island.
In February, Usher announced it had also acquired NRG Media’s five Omaha stations.
NRG Media is an Iowa-based company headed by Mary Quass. NRG owns approximately 30 other radio stations across Iowa, Illinois, Nebraska and Wisconsin, but it has been divesting its radio properties, as Radio World has reported.
Kalil & Co., Inc. was the broker for this transaction.
The stations involved in the deal are listed below:
| Frequency | Call Sign | City | Details / Power / HAAT |
|---|---|---|---|
| 1340 kHz | KGFW(AM) | Kearney | 1 kW day / 1 kW night |
| 105.9 MHz | KQKY(FM) | Kearney | 100 kW @ 1,204’ HAAT |
| 102.3 MHz | KRNY(FM) | Kearney | 79 kW @ 1,086’ HAAT |
| 96.1 MHz | K241CN(FX) | Kearney | 0.25 kW @ 167’ HAAT |
| 101.5 MHz | KROR(FM) | Hastings | 100 kW @ 1,004’ HAAT |
| 107.7 MHz | KSYZ(FM) | Grand Island | 100 kW @ 919’ HAAT |
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