TheDavidson Media Group (DMG)[1] is aCharlotte-based broadcaster specializing in multi-cultural, community focused formats. The company runs stations in a number of markets in 10 states and also specializes in selling large blocks of time on some of its stations to brokers who broadcastSpanish and/orurban contemporary gospel programs. Despite the minority-focus of DMG's market, the company itself is notminority-owned and is controlled through twoprivate equity groups, CapStreet II LP andCitigroup Venture Capital.[1]
On February 13, 2009, SS Broadcasting Holdings (SSH) announced that it was purchasing Davidson Media Group for $1,000 cash and assumption of debt.[3] This transaction placed SSH in control of 43 stations previously licensed to DMG.[1]
The structure of the Group was quite complicated and prone to change as properties are acquired and divested. For instance, an example from 2005 shows that Davidson Media Group has among subsidiaries Davidson Media Holding Corp. and Davidson Media Holding Sub Corp., which together own Davidson Media Carolinas Stations LLC, which in turn owns Davidson Media Station WOLI Licensee LLC, the former license holder ofWOLI-FM ofEasley, South Carolina.[4]
^abcSandoval, Catharine J. K. (2011). "Chapter 5. Minority Commercial Radio Ownership". In Napoli, Philip M.; Aslama, Minna (eds.).Communications Research in Action. Fordham University Press. p. 93.ISBN9780823233465.OCLC711860464.
^Peters, Mitchell, ed. (28 January 2012). "Executive Turntable".Billboard. pp. 65, column 1 – via Google Books (full view).Univision Radio in New York names Felix Perez GM. He was present/CEO at Davison Media Group.
^ab"0008 Legal Notices". Classified.The Greenville News. Greenville, South Carolina: Gannett. August 23, 2005. p. E1. RetrievedAugust 4, 2018 – via Newspapers.com.
^Hilliard, Larry (June 18, 2007)."Plans to increase tower height thwarted". Local News.The Gaffney Ledger. Gaffney, South Carolina. p. 2A. RetrievedAugust 5, 2018 – via Newspapers.com.
^Tenkotte, Paul A.; Claypool, James C., eds. (2015). "WCVG".The Encyclopedia of Northern Kentucky. University Press of Kentucky. p. 941, Column 1.ISBN9780813159966.OCLC900344819.
^Cobo, Leila (12 November 2005)."Latin Radio Flips Boost Ratings".Billboard. Vol. 117, no. 46. p. 8 – via Google Books.Davidson Media Group flipped WKKB Providence, R.I., from English to Spanish tropical in February and ratings jumped from 1.1 for the winter book to 2.7 this summer.