Nassau Broadcasting Partners LP was a company based in Princeton, New Jersey that owned radio stations in New England and the Mid-Atlantic United States.
WSBG eventually segued to a pop alternative format in early 1996, moving back to top 40 later that year.
WNNJ would drop Satellite Oldies in favor of Stardust, a satellite-based pop standards/oldies hybrid format.
In September 1998, Nassau agreed to sell radio stations WSBG FM and WVPO AM, licensed to Stroudsburg and East Stroudsburg, Pennsylvania respectively, to Multicultural Radio Broadcasting, Inc. Nassau began managing these properties pursuant to an LMA in November 1998.
At the end of 1997, Nassau also bought locally owned WSUS, which was and still is an adult contemporary radio station.
In the summer of 2000, Nassau agreed to buy Oldies 99.9 WODE and Sports 1230 WEEX in the Lehigh Valley market from Clear Channel Communications.
But when Clear Channel merged with AM/FM, they agreed to give Nassau WEEX and WODE plus some cash in exchange for WNNJ, WNNJ-FM, WSUS, and WHCY.
Nassau would keep LMAs for WVPO, WSBG, and WPMR (later WPLY), and eventually buy them back outright.
That station employed a classic hits format but was eventually also sold to Millennium Radio Group, LLC.
In 2004, former Citigroup Media investment banker Tristram Collins joined Nassau as its Sr. Executive Vice President to help Louis Mercatanti grow and operate the company through a series of acquisitions.
In 2005, Nassau expanded its East Coast footprint to include Maryland through a purchase of two FM and an AM station in Frederick and Hagerstown.
In 2006, Nassau entered into an LMA and option agreement with WDAC broadcasting to operate and acquire WBYN FM, a religious format station in Reading, Pennsylvania.
Nassau also had sales pending to Access.1 Broadcasting of WVPO, WPLY, WSBG, WWYY, WODE, WEEX, WBYN, WTKZ, and WFKB.
On April 27, 2009 Mercatanti announced that a debt-to-equity agreement had been reached with Goldman Sachs giving the latter 85% ownership of the company.
Nassau would sell its New England radio and real estate holdings by the end of 2012 as part of the reacquisition effort.
[2] In September 2011 an involuntary Chapter 7 bankruptcy petition was filed by Nassau's lenders that, if granted, would force the company to sell off its assets.
[5] On February 9, 2012 Nassau has petitioned the bankruptcy judge to allow them to sell off all of their broadcast assets, including all of its stations.