“Light Media Acquires: Power 105.5 FM (WZBN) (Metro Albany, Georgia)”
June 1, 2011. Atlanta/Albany. Joining the ranks of publicly-traded broadcasting companies (owning atleast one radio station platform property) such as: Radio One (Nasdaq: ROIA), Salem Communications (Nasdaq: SALM) and Beasley Broadcasting (Nasdaq: BBGI), Light Media (OTC: LGMH), Inspirational Media Specialist, announced today that it has acquired: Power 105.5 FM (WZBN). Power 105.5 (WZBN) is situated in South Georgia (Albany Metropolitan Statistical Area) comprised of 165,400 residents (234th largest metropolitan area in the United States) and WZBN formerly played an Urban Hip-Hop and R&B format, as of May 31, 2011.
"Without a doubt, terrestrial radio is alive and well, weathering the torrential influx and dizzying array of new media platforms and applications, remaining viable, relevant and still the most powerfully effective medium for artists to penetrate mainstream and one of the most cost-effective platforms for advertisers to reach the masses. And best of all, for everyday consumers/listeners, terrestrial radio is free.
As such, it is a humbling honor to report that, effective June 1, 2011, WZBN (105.5 FM/Albany, GA) will faithfully serve the community, youth, young adults and adults, 24/7 today and hereafter, as WZBN-FM Radio: Power 105.5...The King. Power 105.5...The King will now operate as the world's first terrestrial (over-the-air) FM Radio Station, in a Top 250 Metropolitan Statistical Area to play a consistent, enlightening, edifying and uplifting eclectic mix of Holy Hip Hop and Contemporary Gospel music.
To the Global community and every Minister of the Gospel, remain steadfast, rejoice in adversity and continue to do what you have been called to do. Always know that your efforts are never in vain and together and united, each and everyone of us can and make a difference within, throughout and beyond the communities that we are destined and chosen to serve. Time waits for no one and it is up to the body to save our communities, and if we do not, nobody will and in this valiant struggle we cannot ever afford to lose," said Danny Wilson, Managing Director, Power 105.5...The King. James 5:20.
Founded by Connecticut Businessman, Nelson Tift, the City of Albany, GA was Incorporated in December 27, 1838. According to the United States Census Bureau, the Albany, Georgia Metropolitan Statistical Area (MSA) had an estimated population of 165,400 and ranked #234 in the U.S. The MSA consists of Dougherty, Terrell, Lee, Worth, and Baker Counties. The racial makeup is: 64.80% African American and Black, 33.21% White, 0.21% Native American, 0.60% Asian, 0.03% Pacific Islander, 0.45% from other races, and 0.71% from two or more races. Hispanic or Latino of any race were 1.23% of the population. Health care, education and the Marine Corps Logistics Base Albany are the largest employers. Manufacturing, transportation, and retail trade are also important foundations of Albany's economy and the city acts as a hub for commerce in southwest Georgia.
Albany is the birthplace of legendary recording artist: Ray Charles.
About Light Media:
Light Media (OTC: “LGMH”), Inspirational Media Specialist, via its integrated portfolio platform partners targets the youth, young adult and adult/family demographic for inspirational media and entertainment that uplifts the community 24/7. For more info., please visit: www.LightMediaHoldings.com.
This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of Light Media (OTC: “LGMH”) and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements.
