Gen Media Partners announced Monday that it has acquired national radio network Sun Broadcast Group. SBG founder Jason Bailey and COO Julio Aponte Jr. will retain partial ownership of Sun and continue to run the day-to-day operations. How much Gen Media Partners paid for SBG was not revealed.
Gen Media Partners CEO Kevin Garrity said this purchase marks another milestone for his company. “From our roots in heritage radio representation firm McGavren Guild Media to our early expansion with the purchase of small market radio specialist Local Focus, we continue to build our portfolio with highly respected companies and advanced technology. Sun Broadcast Group is known for innovation, originality, and creativity in network radio. Jason has assembled an amazing team that will continue to flourish as we join forces to grow our combined platforms to new levels. I am proud to welcome them to the GMP family of companies.”
Bailey said he can’t stop smiling about what he and his team have accomplished over the past nine years. “From being the little ‘new guys’ in Boca Raton back in 2008 to where we are today — with a presence across the country — I’m the proudest ‘dad’ you’ve ever met. We’ve come a long way on this journey, and with every step we did it our way… and it’s been a blast! Starting this next chapter with Kevin and the crew at GMP is one I am sincerely looking forward to.”
