Community Broadcasters

Company

Community Broadcasters operates 31 radio stations across two clusters in upstate New York, three clusters in South Carolina and one cluster in Florida. The company acquired stations between 2007 and 2016. In 2019, Community sold its stations in Elmira and Olean, NY and generated additional liquidity monetizing real estate assets and towers. In 2021, Community sold its four stations in Destin-Fort Walton Beach, FL to JVC Broadcasting.

Location

Watertown, NY

Sector

Communications

Position

Realized

Transaction

Northwood co-founded Community Broadcasters and led the acquisition financings in 2006, 2013 and 2016. In 2021, Northwood sold its remaining interest in the company to the management team it originally partnered with in 2006.  

Operates radio stations in Long Island, NY and Florida

Current

Wireless spectrum investment

Current

Direct broadcast satellite spectrum and services

Current

600 MHz licenses for broadband

Current

3.7- 4.2 GHz licenses for broadband

Current

Nationwide dispatch network

Realized

U.S. wireless communications (38 GHz)

Realized

Provides turnkey wireless telecommunications infrastructure

Realized