| Date: |
September 21, 2009 |
| Contact: |
Tristram E. Collins, Sr. Executive Vice President |
| Telephone: |
609-452-9696 |
Public
media leader WGBH to acquire Nassau’s WCRB FM, Boston,
MA
WGBH
will preserve classical music service for region
Boston,
MA – Nassau Broadcasting Partners, LP today announced
that public service broadcaster WGBH has agreed to acquire
Nassau’s leading all-classical music station WCRB
99.5 FM in Boston, MA. The terms of the agreement have
not been disclosed pending filing with the FCC.
WCRB is a 27,000-watt
station, deeply rooted in the Boston region, serving audiences
for more than 60 years with a broad
reach in New England, drawing some 340,000 loyal listeners
each week. WGBH is uniquely poised to operate WCRB, with
its extensive classical music programming experience, its
state-of-the-art Fraser Performance Studio, and its strong
alliance with Boston’s premier classical performing
organizations, artists and audiences.
“Preserving WCRB’s heritage as a one of the
country’s premiere classical radio stations was an
important objective for Nassau. We are extremely pleased
that WGBH will be continuing this heritage and are confident
in their future stewardship of such an important Boston tradition,” said
Lou Mercatanti, Chairman and President of Nassau. “This
is a win for everyone – most especially our loyal listeners.”
“An opportunity like this comes along once in a lifetime.
The acquisition of WCRB by WGBH signals a new era for the
Boston broadcast landscape, and for our city’s renowned
classical music tradition,” said WGBH Board Chair Amos
Hostetter. “WGBH’s depth of experience, demonstrated
leadership in radio, and commitment to excellence will bring
a new level of service to this market.”
“From its very first broadcast, WGBH radio has provided
audiences with the best in classical music and performance.
Today we are excited to reinvest in this tradition for a
new generation of listeners,” said WGBH President and
CEO Jonathan Abbott. “The acquisition of WCRB will
allow WGBH to sustain the vibrant classical music tradition
of the Boston area.”
Since the 1950s
WGBH has taken advantage of Boston’s
vital classical music tradition. From its debut broadcast
from Symphony Hall in 1951, classical music and performance
have been a hallmark of WGBH’s service, featuring the
region’s world-class orchestras, artists and conservatories.
It has partnered with music organizations both large and
small, from the Boston Symphony Orchestra and Handel & Hayden
Society, to the New England String Ensemble and the Boston
Children’s Chorus. It has nurtured young musicians
with school enrichment programs, and helped launch emerging
artists.
Nassau
Broadcasting, a privately held firm in Princeton, New Jersey
that currently owns and/or operates 51 radio stations
in New Jersey, Pennsylvania, Maryland, Vermont, New Hampshire,
Massachusetts and Maine. The Company's web
site is www.nassaubroadcasting.com.