NRG Media is a media company headquartered in Cedar Rapids, Iowa. It was founded on March 1, 2005, as a result of a merger of NewRadio Group and the radio assets of Waitt Media. At its inception it was the seventh largest radio company in the USA. NRG owns and operates 54 radio stations in four Midwestern states. With the exception of their stations in Omaha, Grand Island/Kearney, and Lincoln, Nebraska and Wausau-Stevens Point, Wisconsin, NRG owns properties in small or medium, unrated markets.