Ed Levine’s Galaxy Communications is expanding beyond its Central New York base by acquiring six stations and two translators in the Berkshires area of Western Massachusetts from Gamma Broadcasting. The transaction is a cash and stock deal valued at $3.17 million. Stations involved in the deal are AC “Live 95.9” WBEC-FM and talk/sports WBEC (1420) in Pittsfield; the classic hits simulcast of “Whoopee” WUPE-AM&FM (100.1, 1110) in North Adams; AC WSBS Great Barrington (860); AC WNAW North Adams (1230), the Great Barrington-licensed translator W231AK at 94.1 and the Pittsfield-licensed translator station W277CJ at 103.3.
Galaxy will pay Gamma $1.68 million for all the outstanding stock of Berkshires Media Group, which holds the licensees for WNAW, WUPE-FM and WSBS and translator W277CJ. Berkshire and Gamma are commonly controlled entities. Galaxy is paying $1.47 million in cash for WBEC-FM, WBEC and WUPE-AM. Galaxy will also pay $20,000 for translator W231AK, which is licensed to Northeast Airchecks. Northeast has filed an application to transfer the translator license to Gamma.
“These six radio stations do a tremendous job of serving their communities with great local radio. They have thrived under the ownership of Gamma Broadcasting, which has done a wonderful job,” Galaxy president and CEO Ed Levine said in a statement. “I look forward to working with market manager Peter Barry and the entire staff of radio professionals.”
Gamma principals Bruce Danziger and Burton Barlow hold an attributable interest in Vox AM/FM, which also owns stations in New York and Vermont.