Jones Media Group will acquire TM Century, which will become a wholly owned subsidiary of JMG. Once conditions are met, this transaction is expected to close on Sept. 29. This acquisition will allow
JMG and TM Century to broaden their already diverse product offering. Dallas-based TM Century creates, produces and distributes music-based products for broadcast media use. TM Century's product lines
include music compilation libraries and services, production music, commercial jingles, radio and TV station imaging packages. JMG owns a leading independent radio network business. JMG syndicates
radio programming and services to approximately 5,700 radio stations throughout the U.S. and reaches about 1.6 billion weekly listener gross impressions, based on data provided by Arbitron. JMG also
provides ad-sales services to third-party radio programming producers.