Galaxy Media, always on the lookout to expand its revenue streams, is taking a significant step by acquiring the Syracuse Cavalcade of Cars. This acquisition is set to boost their revenue engines and lead to a quick return on investment. The partnership between Galaxy Media Partners and Paradise Companies in Syracuse Nationals LLC is at the forefront of this venture. The next show is scheduled for March 22-23 at the New York State Fairgrounds, with a history dating back to 1994. Ed Levine, Founder and CEO of Galaxy Media Partners, emphasizes their intention to preserve the Cavalcade's history and meaning in the community while adding exciting new features that will delight long-time fans. The Cavalcade of Cars expos have been an integral part of the "Thruway Series" in both Syracuse and Hamburg. Doug Sheesley, co-founder of the Cavalcade of Cars, shares that he and his partner Roger Youmans saw an opportunity to take the Syracuse show to new heights and ensure that car enthusiasts of all ages have a premier indoor car show in the CNY area.

Benefits of the Acquisition

This acquisition brings several benefits. Firstly, it allows Galaxy Media to diversify its revenue sources beyond traditional radio operations. By entering the automotive expo market, they can tap into a new customer base and generate additional income. Secondly, it provides an opportunity to preserve and enhance a local automotive event with a rich history. The Cavalcade of Cars has been a beloved part of the community for years, and Galaxy Media's involvement ensures its continued success. Additionally, the partnership with Paradise Companies brings additional expertise and resources to the table, strengthening the overall operation.

Impact on the Local Community

The acquisition of the Syracuse Cavalcade of Cars has a significant impact on the local community. It provides a platform for car enthusiasts to come together and celebrate their passion. The event attracts visitors from all over, boosting local businesses and tourism. It also creates jobs and opportunities for local vendors and exhibitors. Moreover, it helps to preserve the automotive heritage of the region and promotes a sense of community among car lovers.

Future Plans and Growth Potential

Galaxy Media has big plans for the future of the Syracuse Cavalcade of Cars. They aim to expand the event's reach and attract a wider audience. This may include adding new exhibits, hosting special events, and collaborating with other automotive organizations. With their expertise in marketing and promotion, they believe that the Cavalcade can grow into a major automotive event in the Northeast. The potential for growth is immense, and Galaxy Media is committed to making it a success.