In $3M deal, Galaxy Communications to take over most of Berkshire County’s airwaves
By Tony Dobrowolski, The Berkshire Eagle
PITTSFIELD — Local radio in Berkshire County is undergoing another ownership change, as the majority of the county’s commercial radio stations are being purchased by a chain based in central New York.
Galaxy Communications, a privately owned independent chain headquartered in Syracuse, is purchasing six Berkshire County radio stations and two translator stations from Gamma Broadcasting in a cash and stock deal worth $3.17 million, according to Galaxy’s website. Gamma principals Bruce Danziger and Burton Barlow also hold an attributable interest in Vox AM/FM, which owns stations in New York and Vermont.
The transaction is subject to approval by the Federal Communications Commission, and is expected to close by the end of 2016, according to Galaxy’s president and CEO Ed Levine.
“I’m relying on the FCC for timing, but feel confident it will be in December,” said Levine, whose group owns 14 radio stations in the Syracuse-Utica N.Y. area. This is Galaxy’s first expansion outside of New York state.