What is the targeted demographic for Hub City Radio?
In the last three years, corporate America has gobbled up much of the dial. But there’s a way to take it back THE 1996 TELECOMMUNICATIONS Act was one of the most lobbied bills in history. Telecom and media interests spent $34 million on campaign contributions for the 1995-96 election cycle–almost 40 percent more than the previous election. The Telecom Act was chock full of goodies for the industry, from cable TV to wireless phone service providers, from television stations to long distance telephone companies. The bill covered so much ground that the quiet but revolutionary changes it made to the rules governing the ownership of radio stations went practically unnoticed. Until 1996, a company could own no more than 40 radio stations nationwide, and no more than two AM and two FM stations in a market, regardless of the market’s size. The Telecom Act removed all restrictions on national ownership, and greatly relaxed the rules on how many stations a company could own in a particular mar
Armada is an independent, management-controlled firm organized in 2006 by persons with extensive radio industry expertise and experience. Partners have owned, operated and sold over 50 small, mid-size, and even large market radio stations during their careers. Armada has closed on the acquisition of three cluster’s totaling eighteen stations (and one FM CP) in Aberdeen, SD and Marinette, WI / Menominee, MI, and McCook, NE. Armada has filed with the FCC for four stations in Watertown, SD. Sources: http://www.hubcityradio.