Working together

Local company CMS Station Brokerage announced today that it is offering Station Operation services to its clients through Velocity Radio Management. Velocity will work with CMS clients to maximize station profit potential. “Many stations need to focus on maximizing their revenue – both traditional and non-traditional – as well as discovering efficiencies which will improve their bottom line,” says Roger Rafson, President of CMS. Velocity’s CEO, Tony Renda, said, “We look forward to driving profitability and increasing asset value for CMS Station Brokerage’s sellers and buyers. Also, because these are challenging times for every operator, we’re here to help defend and guide stations that face the major task of bank restructuring/workouts or acquiring new capital.”