Davidson Media Group

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The Davidson Media Group (DMG)[1] is a Charlotte-based broadcaster specializing in multi-cultural, community focused formats. The company runs stations in a number of markets in 10 states and also specializes in selling large blocks of time on some of its stations to brokers who broadcast Spanish and/or urban contemporary gospel programs. Despite the minority-focus of DMG's market, the company itself is not minority-owned and is controlled through two private equity groups, CapStreet II LP and Citigroup Venture Capital.[1]

Felix Perez was at one time DMG's president and chief executive officer; by January 2012, Perez had been named as the general manager for Univision Radio.[2]

On February 13, 2009, SS Broadcasting Holdings (SSH) announced that it was purchasing Davidson Media Group for $1,000 cash and assumption of debt.[3] This transaction placed SSH in control of 43 stations previously licensed to DMG.[1]

Organization

The structure of the Group was quite complicated and prone to change as properties are acquired and divested. For instance, an example from 2005 shows that Davidson Media Group has among subsidiaries Davidson Media Holding Corp. and Davidson Media Holding Sub Corp., which together own Davidson Media Carolinas Stations LLC, which in turn owns Davidson Media Station WOLI Licensee LLC, the former license holder of WOLI-FM of Easley, South Carolina.[4]

Stations

Summarize
Perspective

As of mid-2007, Davidson Media operated over 40 stations in 17 states.[5]

  • WCVG/1320 AM: Covington, Kentucky; acquired July 16, 2006 for $1.9 million and converted to a Spanish language station.[6]

Former stations

More information Call sign, Frequency ...
Call sign Frequency Band Broadcasting from Acquired Divested Notes
KAKS 99.5 FM Fayetteville, Arkansas Had ownership as of 2009[7]
KLBB 1400 AM Minneapolis-St. Paul, Minnesota 2005[8]
KLBP 1470 AM Brooklyn Park, Minnesota 2005[8]
WACM 1490 AM West Springfield, Massachusetts 2015[9]
WEAC 1500 AM Gaffney, South Carolina 2008[10]
WKKB 100.3 FM Middletown, Rhode Island 2005[11] 2015[9]
WNVL 1240 AM Nashville, Tennessee 2006[12] 2012[13]
WNSG-AM 880 AM Nashville, Tennessee 2006[12]
WOLI-FM 103.9 FM Easley, South Carolina 2005[4] 2015 Changed call sign from "WOLI" to "WOLI-FM" upon acquisition.
WSPR 1270 AM Springfield, Massachusetts 2015[9]
WTMP 1150 AM Tampa, Florida 2011[14] 2014[14]
WXCT 990 AM Southington, Connecticut 2004[15] 2015[9] Acquired for US$1.4 million.[15]
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References

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