Adams Expands Into Tallahassee
Adams Radio Group continues its gradual outward expansion, this time into scenic Tallahassee, FL, as Red Hills Broadcasting has agreed to sell Top 40 WHTF (Hot 104.9), Country WWOF (103.1 The Wolf), Classic Rock/Triple A WQTL (106.1 The Sound) and Adult Hits WANK (99.9 Hank FM) to Adams Radio of Tallahassee, LLC. Hank Kestenbaum, President of Red Hills Broadcasting, will continue to oversee the group as VP/GM.
Ron Stone, President and CEO of Adams said, “We are thrilled for Adams Radio to be the next steward of these amazing stations that Hank Kestenbaum has spent over 20 years building, and even more excited about the future of the stations under Hank’s continued management alongside Adams Radio. This cluster is another rare opportunity to join forces with a company that has been under the same ownership and management for two decades. These stations are a great compliment to our existing markets and will no doubt bring many great ideas into the Adams Radio Family.” Kestenbaum added, “I want to congratulate Ron Stone and his team at Adams Radio on buying four great Tallahassee radio stations. Every day I’m privileged to work with a dedicated and talented group of people at serving our community with entertaining live and local radio. I look forward to leading these stations and this team into a new era of success, service and prosperity under Adam’s ownership.”
Tallahassee becomes the fifth market for Adams Radio Group — Adams owns and operates clusters in Las Cruces, NM, Fort Wayne, IN, suburban Chicago (Northwest Indiana) and Salisbury-Ocean City, MD. Bill Fanning of MVP Capital, LLC was the broker in the transaction.
