Tag: Ferocious Digital

Connoisseur Media announces that it is acquiring Alpha Media for a sum yet to be disclosed and that the new company will retain the Connoisseur name and be led by Connoisseur CEO Jeff Warshaw. The company states that after the deal closes, it will own and operate 218 radio stations in 47 markets and adds that “Connoisseur will rank among the top 10 radio groups both by station count and by revenue, uniquely positioned to evaluate and pursue strategic growth opportunities.” In addition to its broadcast properties, Connoisseur owns and operates the digital marketing services company Ferocious Digital. The company says that when integrated with Alpha Digital, the combined organization “will continue to expand and enhance its digital capabilities – delivering forward-thinking integrated marketing services.” Jeff Warshaw comments, “We are thrilled to welcome Alpha Media into the Connoisseur family. In getting to know the Alpha team, it has become clear that we share many of the same values — a passion for serving our local communities, a deep commitment to our clients, supporting our colleagues and fostering a culture of integrity, creativity and achievement. This transaction underscores our commitment to the irreplaceable role local broadcasters play in providing news, information and entertainment that truly resonates. Together, we will build an industry-leading platform of broadcast and digital. I could not be more excited to get started.” The two companies have entered into a Local Market Agreement and expect the deal to close in the second half of this year.