Harris Corporation Announces MPA with Chancellor Media for Radio Broadcast Equipment
CINCINNATI, Ohio-- Harris Corporation has signed a master purchaseagreement (MPA) with Chancellor Media Corporation, one of the nation's largest radio groupowners, to supply radio broadcast equipment and related services to all Chancellor-owned radiostations on a non-exclusive basis.
The Chancellor MPA is the third radio broadcast equipment supplier agreement Harris has signedwith a top ranking radio owner/operator group in the last 30 days.
Chancellor Media is a diversified media company with interests in radio, outdoor advertising and television. Currently, Chancellor owns 108 radio stations in 22 of the nation's largest markets that reach a combined weekly listener base of over 46 million people and a national radio network offering syndicated programming to over 60 million listeners weekly. Chancellor's outdoor advertising group currently operates 14,500 display faces in 23 markets. Chancellor's Katz Media operation is the only full-service media representation firm in the United States serving multipletypes of electronic media.
Upon consummation of announced transactions, Chancellor will also own: LIN Television whichthrough ownership and local marketing agreements manages 12 network-affiliated televisionstations in 8 markets; a 50% interest in Mexico's Grupo Radio Centro, Latin America's largest,most successful and most profitable pure-play radio company with six FM and six AM radiostations; Primedia Broadcast Group, Inc. which owns and operates eight FM radio stations inPuerto Rico; Petry Media Corporation, a leading independent television representation firm; and,six radio stations in Cleveland, representing the leading cluster in the nation's 23rd largest radiorevenue market.
Harris Broadcast Systems Division is the leading supplier of radio and television products,systems and services, serving broadcasters in more than 150 countries. The Broadcast SystemsDivision is part of Harris Communications.
The capabilities, products, and applications at Harris Communications are focused in threemarkets -- wireless communications, broadcast communications, and communications products.Harris solutions include microwave and wireless loop systems; secure radios for defense, nationallaw enforcement, and air traffic communications systems; analog and digital television and radiosystems; enhanced services and digital switching platforms, telecommunication tools and testsystems, and network management systems for worldwide communications service providers andbroadcasters.
Harris Corporation, with worldwide sales of $3.9 billion, is an international communications andelectronics company that provides a wide range of products and services such as wireless andpersonal communications, automotive electronics, transportation, business information, defensecommunications and information, and Lanier office products.
# # #
For additional information contact Harris Corporation at firstname.lastname@example.org.