For Immediate Release
January 25, 2019
Regional Media Announces New Acquisition
Regional Media to Acquire Princeton Illinois Stations
(Princeton) Regional Media – Virden Broadcasting (RM), announced today that they have entered into a definitive agreement to purchase, WZOE-AM 1490, WZOE-FM (Z-98), and WRVY 100.5, as well as, numerous digital assets serving Princeton Illinois and the surrounding area.
Commenting on the acquisition, Regional Media – Virden Broadcasting President and CEO, Fletcher Ford said, “We're very happy to be able to expand to the Princeton area; they fit nicely into our overall plan of concentration in Illinois and will allow us to further support local communities.”
Regional Media owns and operates a large footprint of radio stations and digital websites throughout the states of Illinois, Iowa, and has holdings in Kaua’i Hawaii as well. The combination of these stations creates a perfect fit to the Regional Media portfolio.
“For over half a century, WZOE and its sister stations; Z98 and WRVY have brought local content and care to the Illinois Valley and the surrounding areas. I cannot think of a better group of people to continue this tradition than Fletcher Ford and his Team at Regional Media. I am excited to assist with bringing their excellence in broadcasting to Princeton and the surrounding markets” says current WZOE Inc Chief Operating Officer Mike Samet.
Tom Clark has been named General Sales Manager with current Regional Media Vice President of Operations Jason Gilbraith taking an active role in the day to day operations.
Regional Media – Virden Broadcasting will take over operations on February 1, 2019.
Regional Media, is one of the largest and one of the most diversified broadcasting companies in Illinois and Iowa with affiliations with many local communities. The company regularly uses its website as a key source of company information which can be accessed at www.RegionalMedia.info