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Adams Radio Group sold to Investor Group for 12.6 Million

T

tsherck

Adams currently owns 18 radio stations. 10 of which are located in Valparaiso and Fort Wayne Indiana. They also own four in La Crosse New Mexico and Tallahassee Florida.

www.insideradio.com

Adams Radio Group Sold To Investor Group For $12.6 Million.

Adams Radio Group has been acquired for $12.6 million by a group of investors doing business as Adams Radio Acquisition Co. Stephen Adams is Chairman and majority owner of Adams
www.insideradio.com www.insideradio.com
 
fedacct1 said:
Hopefully the new owner does something better with the stations, but I doubt it.
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This is a serious question: What would you do differently? I haven't been up there in years so I have no idea what the market's like or what the stations sound like (aside from occasionally streaming).
 
Jonathan said:
This is a serious question: What would you do differently? I haven't been up there in years so I have no idea what the market's like or what the stations sound like (aside from occasionally streaming).
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This isn’t specifically aimed at their stations but Fort Wayne radio in general. Indiana is really big on rock. All the classic hit stations are borderline classic rock. I see this not only in Fort Wayne but all of Indiana. I wish they were more pop oriented. WJFX, which does belong to Adams, needs to drop their rhythmic lean and go mainstream CHR. I believe it was Adams Radio Group that divested a few stations to religious organizations too several years ago. We don’t need more of those. WMEE needs a hotter sound. It’s rather boring. Radio in Fort Wayne is really tame in general probably because of all the Lutherans. There’s no energy. Then, there are the numerous crap class A signals. Adams Groups Wayne FM was a good idea, but it gets overridden by another station on the same frequency in parts of the town I live in.
 
tsherck said:
They also own four in La Crosse New Mexico
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It's "Las Cruces". Spanish language (not French) based heritage going back to its founding around just after the Mexican-American War in 1849.
 
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