NRG Media Closes Nebraska Station Sale to Usher
NRG Media has completed the sale of a group of Nebraska radio stations to Usher Media, marking another step in the company’s divestiture of assets in the state. The transaction includes KGFW-AM, KQKY-FM, KRNY-FM, and translator K241CN in Kearney; KROR-FM in Hastings; and KSYZ-FM in Grand Island. Kalil & Co., Inc. served as the exclusive broker.
NRG Media, an Iowa-based broadcaster led by CEO Mary Quass, owns more than 30 stations across Iowa, Illinois, Nebraska, and Wisconsin. The buyer, Usher Media, is a Nebraska-based company headed by Alan Usher.
The stations included in the deal feature a mix of AM and FM signals across central Nebraska, with several high-power FM facilities operating at up to 100 kW.
The closing follows a previously announced agreement in February for NRG Media to sell its Omaha-Council Bluffs cluster to Usher Media, which includes KOIL-AM, KOPW-FM, KOZN-AM, KZOT-AM, and KQKQ-FM. That transaction remains subject to FCC approval.
With the latest closing, Usher Media expands its presence in Nebraska, while NRG Media continues to streamline its station portfolio.
