Digity to Sell Radio Station Portfolio to Alpha Media
August 05, 2015 | Portfolio News
WEST PALM BEACH, Fla.–(BUSINESS WIRE)–Digity, LLC, headquartered in West Palm Beach, Florida announced today that it has entered into a definitive agreement to sell its radio station portfolio to Alpha Media of Portland, Oregon. Digity owns or operates 116 stations in 26 markets. Digity is majority owned by Garrison Investment Group LP in New York and Dean Goodman.
Dean Goodman, Chief Executive Officer of Digity Companies, LLC said, “Larry Wilson and I have a shared vision for the radio renaissance in progress now. Radio is live, local media enhanced by digital delivery and community focused events. Our success is the result of an employee environment of collaboration, transparency and innovation. I am honored to have worked with the great broadcasters at Digity and the dynamic growth they’ve created. Digity and Alpha are a perfect match.”