NRG Media continues to work its portfolio

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Norman Waitt and Mary Quass have been active buyers and sellers of late, and we learn from Kalil & Co. that they’re into the spin cycle again. Nebraska stations KNEN-FM Norfolk and KTCH-AM/KCTY-FM Wayne are headed for Michael Flood’s Red Beacon Communications. Flood is part-owner of KUSO-FM in Albion NE. The foursome will form a regional group. If you start in Wayne and head southwest at about a 45 degree angle, you’ll pass through Norfolk at about the 20 mile point and hit Albion at the 60 mile point.