M&A Deal Summary

WNET Acquires WPPB-FM

On January 31, 2020, WNET acquired media company WPPB-FM

Acquisition Highlights
  • This is WNET’s 1st transaction in the Media sector.
  • This is WNET’s 2nd transaction in the United States.
  • This is WNET’s 1st transaction in New York.

M&A Deal Summary

Date 2020-01-31
Target WPPB-FM
Sector Media
Buyer(s) WNET
Deal Type Add-on Acquisition

Target

WPPB-FM

Southampton, New York, United States
WPPB-FM is a local and national public radio station for Eastern Long Island and Southern Connecticut. WPPB-FM was established in 1980 and is based in Southampton, New York.

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Buyer(S) 1

Buyer

WNET

New York, New York, United States

Category Company
Founded 1947
Sector Media
DESCRIPTION

WNET is a flagship PBS station and parent company of THIRTEEN and WLIW21. WNET operates NJTV, the statewide public television network in New Jersey. WNET's broadcast channels, three cable services (THIRTEEN PBSKids, Create and World) and online streaming sites, WNET brings quality arts, education and public affairs programming to more than five million viewers each week. WNET was founded in 1947 and is based in New York City.


DEAL STATS #
Overall 2 of 2
Sector: Media M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
State: New York M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2020 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-03-05 NJ Spotlight

Montclair, New Jersey, United States

NJ Spotlight is an editorial website that delivers news and analysis about politics and public policy. NJ Spotlight delivers impartial, in-depth coverage of the State House, as well as the budget, education, energy, and environment along with other statewide topics. NJ Spotlight was founded in 2010 and is based in Montclair, New Jersey.

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