Industry News

NRG Media Closes on Sale of Nebraska Stations

NRG Media closes on the sale of its Nebraska radio stations to localimg operator Usher Media LLC. The deal includes news/talk KGFW-AM, Kearney and two music brands plus two other music FMs in Hastings and Grand Island. Usher Media is owned and operated by Alan Usher.

Industry News

NRG to Sell Omaha Stations to Usher Media

NRG Media is getting out of the radio business in the Omaha market as it files to sell news/talk KOIL-AM, sports talk KOZN-AM, along with music formatted stations KQKQ-FM, KZOT-AM, and KOPW-FM to Usher Mediaimg LLC. Separately it is filing to sell KOOO-FM to Nebraska Public Media. This is NRG Media’s second deal with Usher Media. In November of last year, it agreed to sell its Tri-Cities, Nebraska station group to Usher for $3.75 million. Company officer Alan Usher comments, “This acquisition is a statement of belief in Omaha and in Nebraska. Local radio matters. Local leadership matters. We are committed to building a broadcast presence that reflects the strength of this community and delivers real value to the businesses and people who call it home.” Kalil & Co. was the exclusive broker for this deal.