A new company has joined the ranks of radio ownership. JAM Media Solutions, lead by Jonathan Mason, is purchasing six radio stations in Outer Banks, North Carolina, and Muscatine, Iowa. JAM Media Solutions initially began as a media planning and buying agency and has now ventured outside of its media-buying roots into radio broadcast ownership. Here are the details of the deals.
JAM Media Solutions is picking up four stations in the Outer Banks — WCMS-FM 94.5, WCXL-FM 104.1, WVOD-FM 99.1, WZPR-FM 92.3 — and an online newspaper, from Max Radio of the Carolinas and Hengooch, for a combined purchase price of $1.85 million. JAM is also purchasing two Muscatine stations from Prairie Communications — KMCS-FM 93.1 and KWPC-FM 95.1, and a newspaper for $965,000.
JAM Media Solutions CEO Jonathan Mason said, “It has been an honor to work with the
executive teams at Max Media and Prairie Radio to bring these initial acquisitions to fruition. Having worked in radio since 1995, let me state for the record that I believe in the power of local radio. Our goal is to unite local on-air personalities, local salespeople, and local advertisers together in an effort to deliver a first-rate experience for our local listeners. JAM Media Solutions will also be very committed to the local communities in which we exist. A portion of our income will be donated to non-profits dedicated to making a difference in the lives of the people our stations touch. We are thankful for this opportunity and look forward to making the concerns of the listeners our top priority.”