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Station Trading Roundup: 3 Deals, $7,010+

NEW YORK—NBCUniversal Local has agreed to acquire stations from Ramar Communications, Inc in Albuquerque New Mexico that will expand its reach in the Latino community Terms of the deal were not disclosed The deal is subject to the necessary Federal Communications Commission (FCC) and other governmental approvals Once completed, NBCUniversal Local will acquire four full power stations, one Class A station and three low power stations that are assigned to the Albuquerque DMA and are currently owned and operated by Ramar Communications, Inc We are pleased to expand on Ramar Communications work with the Latino community in the market and look forward to serving Albuquerque s Spanish-speaking audiences with the launch of our own Telemundo local news operation, soon, said Valari Staab, President, NBCUniversal Local After 23 years of operation of Telemundo in Albuquerque, Ramar is pleased to transition development of our stations to NBCUniversal Local, added Brad Moran, president, Ramar Communications This transaction will be beneficial to the community, viewers and advertisers of the KASA+ stations Manuel Martinez, president of Telemundo Station Group noted that the deal will results in the launch of a new Telemundo owned station in Albuquerque to help inform and empower audiences with the local news, weather, consumer and investigative information they need, Ramar Communications, Inc is a privately held media company founded in 1981 by Ray Moran and son Brad Moran Ramar has operated in Albuquerque and Lubbock, Texas and has started and developed 22 TV and Radio stations over the last 40 years Ramar sold its Lubbock TV stations in 2020 and after this transaction it will continue to operate 8 radio stations and several digital media products

NEW YORK—NBCUniversal Local has agreed to acquire stations from Ramar Communications, Inc in Albuquerque New Mexico that will expand its reach in the Latino community Terms of the deal were not disclosed The deal is subject to the necessary Federal Communications Commission (FCC) and other governmental approvals Once completed, NBCUniversal Local will acquire four full power stations, one Class A station and three low power stations that are assigned to the Albuquerque DMA and are currently owned and operated by Ramar Communications, Inc We are pleased to expand on Ramar Communications work with the Latino community in the market and look forward to serving Albuquerque s Spanish-speaking audiences with the launch of our own Telemundo local news operation, soon, said Valari Staab, President, NBCUniversal Local After 23 years of operation of Telemundo in Albuquerque, Ramar is pleased to transition development of our stations to NBCUniversal Local, added Brad Moran, president, Ramar Communications This transaction will be beneficial to the community, viewers and advertisers of the KASA+ stations Manuel Martinez, president of Telemundo Station Group noted that the deal will results in the launch of a new Telemundo owned station in Albuquerque to help inform and empower audiences with the local news, weather, consumer and investigative information they need, Ramar Communications, Inc is a privately held media company founded in 1981 by Ray Moran and son Brad Moran Ramar has operated in Albuquerque and Lubbock, Texas and has started and developed 22 TV and Radio stations over the last 40 years Ramar sold its Lubbock TV stations in 2020 and after this transaction it will continue to operate 8 radio stations and several digital media products
tvtechnology.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tvtechnology.com Daily Mail and Mail on Sunday newspapers.

Publicis Groupe acquires Australian-owned company, CitrusAd

Publicis Groupe acquires Australian-owned company, CitrusAd July 16, 2021 10:20 Publicis Groupe has announced the acquisition of CitrusAd, an Australian software as a service (SaaS) platform that optimises a brand’s marketing performances directly within retailer websites. With more than 50% of its activities in the U.S., CitrusAd is present across 22 countries and six industries. CitrusAd provides its technology to more than 70 major retailers globally. Over 4000 brands are utilising their self-served platform. Publicis Groupe acquires Australian-owned company, CitrusAd In 2023, e-commerce sales for CPG brands will have doubled versus 2019 levels. From C$30 billion annually already, it is set to double in the next 5 years, and will represent one of the biggest channels of CPG media spends in the next few year.

Publicis Groupe to acquire Citrusad to lead new generation of Identity-led retail media

Publicis Groupe to acquire Citrusad to lead new generation of Identity-led retail media
adgully.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from adgully.com Daily Mail and Mail on Sunday newspapers.

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