And, there is no good way out. Sadly, that horse is out of the barn. Alaina J Johnson. Lists are generally updated monthly. The letter or e-mail should include a brief explanation of the reason for ceasing operation and a projected date (if possible) for the station's return to licensed operation. 2. You will need to pay for this but it can save you big money and headaches later. If it keeps on rainin, levees goin to break We have 2 FULL-POWER FM stations in communities that are part of the Reno METRO, but will not cover the city of Reno itself. Notifications and Requests for Special Temporary Authority (STA). As a result of a 2005 case in the U.S. Court of Appeals for the D.C. It started when home loan lenders started making stupid loans. Priced at $850,000. Clinton was the keynote speaker. You will have proven that the facility really has not been a dump all these yearsit just did not have the benefit of your programming/sales/engineering genius. But, heres the killer, each year the money companies pay to service debt is increasing at the same time radios advertising revenues shrink and thats not sustainable. I would suggest you contat your FCC councel and discuss how this case could affect your ability to secure financing. Questions that need to be answered: What is the condition of the AM ground system and tower? Wait until the real money comes in. He meant Wall Streets real money. Updates . 216 Texas state interlocker towers. It had about $25MM in it. and Congress could care less about the people and their needs. program to the community you serve, be known to your customers and get involved in the community. Small unrated market with lots of sunshine and a great lifestyle. Keep your head down. I remember being at an R&R convention in the late 90s. Ive diversified, many years ago, and if radio disappeared tomorrow, you can only blame the guys who wanted to be exactly like the Big Fish. I am a talk show listener longer than Rush as been talking on the radio. High debt and radio not being able to afford to do radio anymore. All of the above boils down to this. Now the N.A.B. Good sales and profitability. Today if you buy a construction permit (CP) and build out the stationit may still be worth less than the money you put into it. Deleted or Cancelled Stations. This is where the question is asked"Is the Internet going to be a foe of the station or a tool to be used by it? opportunities. If I had the money I would love to purchase a radio station. NO restrictions on foreign ownership. I read your blog since you are an insider (as are many of your commenters), and I enjoyed your comments on WLW on Saturdays (hasnt been the same since). - NEW ZEALAND When a station loses its license, that license is not immediately available to other interested parties. A station owner is not going to want to disclose to his staff and competition that a station is being sold on the hope that a buyer can qualify to obtain financingand then have the deal go south because the money did not materialize. My take on HD Radio and some other items HD has interesting possibilities. "THEM THAT HAS WILL GETTHEM THAT DON'T, WON'T". This EXCELLENT St. Louis FM signal is offered at $650,000 ( REDUCED), Maine A damn shame. If you can't hae equity when you sign on, walk away. In both services, new station facilities are auctioned, as mandated by the Telecommunications Act of 1996. No, Im not with 700WLW. Financing IS available. I do not want to discourage anyone from realizing your dream of oning that first station. 2. Now this is where your talent for picking a programming niche and executing it will be the keyand this is where the real money is made. and let Clear Channel and Cumulus drown in their debt that was incurred in an effort to take over the world. Cluster covers about 50% of state pop, operational efficiency is maximized by centralized location of main (but minimal) studio. Like why do I heard sports discussions about the Reds, and it has less to do with the game and more to do with, can we afford that? I remember reading one of your commenters financial analysis of a blog topic and thought, this is really typical of the reasoning that appears to be the problem.. I know this point is covered in several places but it's worth repeating. Those companies do not reflect the condition of real radio. Regards from Rod Douglas. Broadcasting is not what it was even 10 years ago. Do either need to be painted (tower), repaired or even replaced? 1. He wont say how much, but he made a fortune. There are many "deals" out in the market that are not advertised by the sellers. Your payment is in process for your "%package_name%" membership. business school educated son/daughter to their loser offspring. All Rights Reserved. The buyer is out several tens of thousands of dollars in escrow and other expensesall down the tubes except as a very expensive learning tool. However, the hub station (or common studio or control point) is required to register and file in ETRS. Analog and digital broadcast stations that operate as satellites or repeaters of a hub station (or common studio or control point if there is no hub station) and rebroadcast 100 percent of the programming of the hub station (or common studio or control point). He/She gave you the laon in the first place only because you promised him/her the marriage of your first born Dartmouth/Stanford.Harvard etc. Again, we did fine. WCSN-FM (Sunny 105.7) is a unique station that serves Gulf Shores and Orange Beach Alabama. Looking for something specific? Bring back the fun days of radio. Here is a numbers exampleround numbers for simplicity. Old fire stations for sale. 6 Best Balance Transfer Credit Cards Of 2023. Abandoned Mansions. ***. As the TV commercial says"life comes at you hard". The station has been consistently profitable. There is also a list available for silent AM broadcast radio stations. First time buyers are rarely going to get bank financing. Available for $690k. I remember being called in November 2004 while the FCC Allocation Auction was in progress. RadioTVDeals helps radio and television station brokers (otherwise known as media brokers) and radio and TV station owners sell their station (s). Located in a stable economic area with heavy community involvement and commitment as an ag resource. We essentially folded at that point as we finished building out a (much nicer) studio complex for four of the remaining little guys. If you email me and your email is "bounced", please call and let me know. Amtrack is also adding WiFi to many stations and much of the train system. In the present business cimate, some experienced buyers are not going to get loans unless they have "outside" assets to pledge against a loan. It morphed into a daily telephone show (the veterinarian who cooked up the supplement scheme, wherever he was holding seminars, etc.). Change). The real reason was that he and his democratic cronies had to find a way to pay back the big broadcasting companies for contributing to their campaigns. RadioTVDeals.com is the nation's LARGEST marketplace for radio stations for sale and TV stations for sale or radio stations for LMA (lease) and TV stations for LMA (lease). Asking $1M for cluster, $400K for singleton. Land was the only equity some radio stations had, especially many AM stations, F.C.C. It's been left empty ever . Is the ownership/management talented? But wait programmatic buying will save the day! iHeart Medias stock was $1.50 a share that same day. EXCUSE ME? [1] It is so worn down that you can barely tell it was once a complete structure. So these stories of debt and likely bankruptcy must be wrong. To paraphrase that old New York City TV pitchman Crazy Eddie, The prices areINSANE!, Get more insight and thoughts in 140 characters on Twitter by following me@darryl_parks, Tags: Bill Clinton Congress Cumulus Cumulus Media Enterprise Value FCC Federal Communications Commission iHeart Media Market Capitalization NAB National Association of Broadcasters President Clinton Telecommunications Act of 1996. Perhaps if Clear Channel and Cumulus does have a fire sale soon, we can pick up some rimshot Cincy stations cheap. I asked Clinton once why he thought the Telecommunications Act of 1996 was a good idea. As a former owner, I will tell you it is a lot of work. iHeart? Darryl. Back to how to evaluate a non-cash flowing station or a dark station ready to go back on the air. About our service. FST27204. What looks like a cheap price for an AM property could be a pig in a poke with some nasty surprises. If you are looking to buy your first property or have one to sell, let's talk. Do these personal interests and relationships exist in the radio business? Companies have just been trading stock. Co-brokered with Kozacko Media Services. There are probably now several hundred thousand if not more broadband card equiped laptops. For additional information related to silent AM and FM stations, please see Silent AM and FM Broadcast Stations. (Of course, there is the IPhone that also has IPod capabilities built inand now the new IPods have email in themsoon there will be a total merge of devices). Or. Before we get into the station brokerage stuff, I want to plug a broadcast venture my good friend Bill Kinder is doingIf your station is looking for a one hour outdoor show I would like to recommend the "Big Billy Kinder Outdoors" show. For their exclusive listings. If there are no other stations locally, will the market support a radio station? Market # 24- NEW FM - This FM Metro Signal can be paired with any AM within 25 miles, or with a leased HD channel. Perhaps you are correct..BUTEverything was doing nicely until the G word took over..think about itJBI. Land was the only equity some radio stations had, especially many AM stations. Tatsuno Station is served by the old route of Ch Main Line (Okaya-Shiojiri branch) and is 9.5 kilometers from the branching point of the line at Okaya Station and 219.9 from the terminus at Tokyo Station.It is also a station on the Iida Line, and is 195.7 kilometers from the terminus of that line at Toyohashi Station. You said business is good if youre a small operator, he took/stated as business is good only in small market. It is of the utmost importance Fill in your details below or click an icon to log in: You are commenting using your WordPress.com account. The corporate reality and daily insecurity tells us to shut up, lay low and stay under the radar. Like 5 Comments |. Step right this way! The gist of this paragraph is if you want to do a 25 year terms deal, let me know up front so I don't have to waste my associated and client's time. It did exactly the opposite. Lines. BertI want to give high school sports back to the communitiesright now there is very very little in the DFW market. Posted on 09/07/2022. The station consists of two ground-level island . Share. Darryl, This problem all dates back to shortsighted, greedy owners who sold out for a quick buck in the 80s and 90s. We help people to find radio stations for LMA (lease) or TV stations for LMA (lease). EAS Test Reporting System The EAS Test Reporting System for filings opened January 3, 2023. Childrens Television Programming Reports Each commercial TV and Class A television station must electronically file its annual Childrens Television Programming Report, on FCC Form 2100 Schedule H, to report on programming aired by the station and other efforts in 2022 that were specifically designed to serve the educational and informational needs of children. This filing for silent station authority is exempt from application filing fees. About the comment on selling stockIf is the operative wordWhat :If they did not sell their stock? Only local station in beautiful community of 60k population. Abandoned Buildings. Below please find a partial list of available When you enter the location of old fire station for sale, we'll show you the best results with shortest distance, high score or maximum search volume. FSRE27203. Skiing in the winter, hiking and mountain biking in the summer. I do not want to discourage anyone from realizing your dream of oning that first station. Owned real estate. It certainly has hit a nerve. If you are not putting out a digital signal (and I am not talking about HD Radiothat is another story) parallel with your analog you are rapidly falling behind the times. There are many "deals" out in the market that are not advertised by the sellers. The FCC nonetheless encourages filers to upload documents as soon as possible and not to wait until the end of the month. Darryl. Change), You are commenting using your Twitter account. Modern studios & beautiful real estate included. Well, as my partner and I comprised a broadcast engineering firm in a market with a couple of big guys and a number of 80-90s (we built the smallest and best sounding), we did fine. Alaska, Fairbanks, CP LPDTV Tourist Town! Deregulation destroyed radio broadcasting, generally speaking. $4,500,000. We have been doing basically the same thing for 33 years. Analog and digital low power television (LPTV) stations that operate as television broadcast translator stations; FM broadcast booster stations and FM translator stations that entirely rebroadcast the programming of other local FM broadcast stations; and. Amtrack by the way is re-equipping their entire passenger fleet to put a 110 outlet at each seat for passenger use. (202) 418-2136 victoria.mccauley@fcc.gov. He immediately wanted to know the call sign of the station and all the particulars. Confidentiality: Abandoned Places. iHeart Media alone is in hock by almost $20.6 billion. There are many variables. As Farid (or one of his minions) said, Radio sells itself! We make sure our buyers understand the process involved in converting a former gas station into a usable commercial property. There is a credit crunch in the land if anyone has noticed. To stream or not to stream? NO Hurricanes -NO Tornadoes-NO Snow-NO forest fires & NO local paper!This AM/FM is the ONLY game in town of over 50,000. Or. Amtrack by the way is re-equipping their entire passenger fleet to put a 110 outlet at each seat for passenger use. Darryl. Seller financing with 50% down. Do either need to be painted (tower), repaired or even replaced? Ten years from now will radio as we have known it for 80+ years still exist? Added bonus of non-radio advertising business included. Scatter Charcoal In Your Home & Watch What . A friend of mine recently told me his kids don't listen to over the air broadcast radiothey have IPods to use away from home and Internet radio at home off of their broadband attached computer where they also get music, etc. By contacting the agent listed. Mortgage your future. This case deals with the rule against reversionary interests in the sale of a sttionor in more plain English, the rule (FCC Section 73.1150) against using the license of a station as collateral. Thanks! In the case of AM stations, the potential applicant must await the next application filing window period, and at that time file an application for a new AM station, including all technical showings to demonstrate the lack of interference to other AM stations. The Big Billy Kinder Outdoors Program is now heard Saturdays from 5-6 AM on WBAP-AM and several other stations around the North Texas area and is ready to grow. ), Congress and then President Bill Clinton all teamed up to reinvent broadcasting with the historic Telecommunications Act of 1996, the first major rewrite of regulations since the 1930s. . What will save radio and broadcasting now is bankruptcy, forcing those who screwed it up hopefully out of the business. Since I originally wrote this I now have an IPhone. Purchase or Lease Price: varies Location: USA. Rated Market TV station, license and equipment with leased T site, population coverage approximately 139000 Price $175,000 Electronic Mail: radio.usa@outlook.com ~ Voice Mail: 617-306-7939 anytime. At 60 years of age, my places are fully paid for. We struck a deal where my fee was not based on the price of a station. PRICE: $2,000,000 ~ FOR INFO: Harold Bausemer Voice Mail 617-306-7939 ~ Electronic Mail: radio.usa@outlook.com. Or. Maynard, youre right on. continue as a FREE MEMBER on the RadioTVDeals site. 698 ICC Filings. Very much agree with that Scott. If you today, are putting together a business plan for a radio station broadcasst company, major market or notjust plug in the numbers for Internet streaming and programming and get with the program. Online Public Inspection File Uploads The FCC issued apublic noticeextending the time for uploading all documents due to be uploaded on January 1, 2023 or after to the online public files to January 31st. Also, some stations can be an artistic success and a commercial failure. Sacramento, CA. To make it work financially theyll need to get at least 14 times cash flow, may be 16 times, depending on taxes and the cost of sale. It has also been named by several online magazine sites as the #1 place to visit in Alabama. Many new construction permits (CP) are coming on the market as a result of the recent FM allocations auctions. Location: Suffolk County, New York, US. Power of the station? Each list only includes stations that have been silent for more than 2 months. Do you have a Construction Permit that is running short on time? We give a general summary on this With unique features, bags of potential and surprisingly low price tags, these derelict dwellings . Western New York- 2 separate AM w/ FM Super Translators (Metro Signals) AGREEMENT. The near future as I see itthose of us still around will have devices in our car/pockets/home that will be a combination of cell phone/TV/IPod equivalent/computer/Internet radio receiver. Think about the interest youre getting from a CD at a bank. If you don't have FCC counsel, I can suggest some to contact. Here we go again I wrote a column mentioning that the current business model for radio is a failure, that the supposed cost savings never materialized and that radio cannot survive in its current state. Since launching late April, 2010, RadioTVDeals has generated, Class A FM - Parkersburg/Marietta/Vienna WV-OH Metro, Profitable Group of Stations Are Available, Non Commercial FM, Amarillo, Price Reduced, Be The Largest Voice In This Great Small Market, New York Capital District Profitable AM With Two Translators, Dallas Metro FM Serves Fastest Growing U.S. I have many experienced rookie buyers that need help from sellers to be able to buy. The Commission still has discretion to terminate licenses under existing revocation and cancellation policies in situations in which the automatic expiration provisions do not apply. You cant do that with 1,000 stations. Shouldnt a banker (now theres another topic) have said, Youve reached $5 billion in debt. : Improper format? A renowned vacation spot for those looking to escape the cold, Jacksonville saw an average of 50,000 to 73,000 visitors on a yearly basis at the time. Where have I heard this before? Some ISPs are using filters to fight "SPAM". I agree, when bankers took over radio, they didnt realize what it took to make a station a success. EEO Public File Reports All licensed full-service radio and television broadcast stations, Class A television stations, cable television systems, direct broadcast satellite providers, and satellite radio employment units with five or more full-time employees that are licensed inArkansas, Kansas, Louisiana, Mississippi, Nebraska, New Jersey, New York, or Oklahomamust place EEO Public File Reports in their OPIFs. Our small, privately owned, independent rural station is doing fine because we run radio the way it should be done..we provide local programming listeners cant get elsewhere. Priced at just $750,000, FLORIDA iHeart Media with a stock price of $1.50 a share had a market cap of $134,210,000, meaning each of its approximately 850 radio stations are worth approximately $157,894 a piece. There are several scholarly tomes on broadcast or radio station valuation (Search: broadcast station valuation). Seller is looking to retire and wants to find buyer willing to take these stations to the next level. Dave, Actually this blog has. 2 adjacent small-market FM signals-profitable-Asking $350,000. In financial circles, a companys worth may be judged by its market capitalization and/or its enterprise value.. Do you have a construction permmit for AM, FM or TV? I recently asked him why these companies havent been selling stations. Am I a traitor to my industry or is my industry changing? And you know what happens when you assume. Catch the show website at. Our career radio instincts tell us to compete and win. Hey Burt: If you or someone you know wants to invest in a very experienced radio station manager, let me know I got a station I want to buy. This includes pending, off market and sold listings. My dream/goal was to own a small market just before that infamous piece of legislation passedeffectively swallowing jobs and putting paid to any indie broadcasters dream of serving a community with a small-market station. What looks like a cheap price for an AM property could be a pig in a poke with some nasty surprises. BTW, there also is/was a big (daytime) signal AM in the market which worked like hell to do everything right: local owner, all local programming, local sports, local talk they are surviving on the owner getting in once removed from the top of an MLM scheme by trading trading weekend morning time for a talk show called Dead Doctors Dont Lie. IF this were a full-power FM the STICK VALUE would be $2 million+. *** This is the last update using CDBS data. Sorry, it does not work like that. If you run your radio station (or stations) like a glorified jukebox you will be in trouble because there are lots of other places to get music. Turn-of-the-century Bramwell, West Virginia, was a rich little town with more millionaires than any place of its size in America. Network of 3 full power FM stations that is VERY profitable & priced right for a quick sale. Click Here for Details. The few people left will work harder while striving to dodge the flashlight beam. The buyer assured me that he had financial backing up to $20 Millionmore than ample funds to do this deal and have enough left over for working capital.probably for a couple of years. Then rich people, with no radio experience on the air, became station owners. In the case of a station that has never show a positive cash flow, you need to determine the reason. There were several areas when I could receive broadcast radio in the car because I was too far out in the tooliesbut guess what, I could get broadband Internet. & others --- call or email us to find out more Asking for the two stations is $850,000 and there . Each brokerage firm maintains its individual ownership, but the consortium allows collaboration between the companies in order to expedite the sale of listed properties, when needed. The FCC does not maintain any list of stations that may be available for purchase. All the best. Priced at $850,000. Schedule 396 must accompany these applications, the Broadcast EEO Program Report, also filed in LMS, regardless of the number of full-time employees. Includes licences and transmitting equipment. 6 station cluster in Illinois. And if theyre in trouble, so is the entire radio industry. hardly. FM covers over 1 million for in-car listening. local TV stations will be able to broadcast direct to Smart Phones & TabletsBYPASSING the CELLULAR & INTERNET providers. This is now spilling over into my business. Asking Price is $790,000. We were told broadcasters granted the privilege and given licenses, along with the publics trust, would create new and diverse programming options for listeners. All the best. Another major factor to look at in evaluating a start-up property is the technical condition of the station. Melbourne market TV, TV translator stations are both in Key West. When I asked for some background info on his finances, he started to get huffy and said he needed to kow more about the station before he provided me with such 'private' information. If I were going to buy a CP, I would want to have about 30 percent equity in the station from sign on. either one can be purchased for under $200k with attractive Seller Financing. There are deals out there if you are able to self fund i.e. Oh, wait, but thats harder than just airing voice tracks and 25 songs in computer rotation, Darryl, you have one of the best radio voices that Ive ever heard. This list consists of FM, low power FM (LPFM), and FM translator broadcast radio stations silent for two months or longer. Change), You are commenting using your Facebook account. 1,458 Railroads. If I could find a couple of investors and scrounge up a couple million, Id buy back one of the stations in Hartford, CT, for example, that has abandoned the community and its listeners, and prove that creative, interesting, locally oriented radio can be a huge success. FULL market coverage. Small market of 50,000 PLUS snowbirds. What is the age of the transmittor? We have hundreds of potential buyers we can contact & present your RADIO or TV station to. Enter ZIP code or city, state as well. What strikes me is that what ails radio are not the true radio and broadcast devotees like yourself, but the financial engineering and financial trauma lurking in the industry. contact: George Kimble. that the identity of the stations for sale remain If you can use my services on a basis such as this, let's talk. There are a couple stations I work with in smaller and medium markets that super serve their markets and are anything but a jukebox. THE nicest small market station we've seen - Priced at less than 6X BCF REDUCED to $1.0 million. Abandoned Train Stations for Sale. Counties, FCC Broadcast Filing Deadlines for January and February, https://www.fcc.gov/general/eas-test-reporting-system. Buy too many stations, including a bunch of dogs, just because it looks good on a piece of stationery. But I digress. Call and we can discuss your situation. This appears to be the real story and probably portends the real future of radio, not just a change in programming content. These people made radio interesting and fun. Assets include AMs, FMs, on-line and digital. 3782 Sqft; 0.09 Ac. and those in Congress will sellout the people to the highest bidder and the N.A.B directs the government in the interests of these companies. Stations For Sale: California Wine Country- Consistently PROFITABLE This is the perfect radio station investment for someone who wants to be an IMPORTANT part of the local community, in one of the most desirable areas of the California coast. If you can't make it out to this abandoned storybook town, then at least Liles . Ive worked nearly every job in the radio business. Using the new ATSC 3.0 technology that is currently being rolled out nationwide by such major TV groups as Sinclair and Nexstar. 2010 International Gang Section Hi-Rail Truck 28,000 miles Price: contact Location: UT. They have not bought a CD in some time, by the way. ), the National Association of Broadcasters (N.A.B. 1. They dominate their markets. Thanks for the opportunity to express a thought into the ether. No revenue, minimal studio, out of state owner, excellent coverage of Melbourne. Using a Broker like myselfsome buyers and sellers are of the view that they don't need the services of a broker. This site is different from most broadcast broker web sites because I want my clients to understand today's new broadcast business. Wasnt the revenue stream truly sufficient for the debt servicing, or was it maybe a few cuts here and there and everything will be all right. 45 L Street NE. 7 Comments. Current owner-operator is retiring for health reasons. has lobbied to allow foreign ownership of broadcast stations. Fake callers? With 3,700 square feet on the first floor and a 2-bedroom, 2-bath loft on the second floor, the listing asks $799,000 for its bare brick walls, exposed wood beans, and even a rooftop deck. You mean the companies that sold into the existing consolidators? BROADCAST STATION "STICK" VALUATION OR THE CONUNDRUM OF HOW TO VALUE A STATION THAT HAS NEVER MADE ANY MONEYEVER. Priced at $345,000. You will want to see these. The members participate in frequent conference calls to discuss active listings and share information on prospects. (I have one) that I can listen to any Internet streamed radio station while I use my laptop while traveling. It is the only station that caters and localizes its programming to these popular beach towns. Hiker Jordan Liles went on an adventure in the Great Smoky Mountains National Park and stumbled across a most forgotten place - Elkmont. It is almost impossible to get a bank loan on a small market (or any radio station) deal todayas a result I need small market stations that the seller can "tote the note" on. I started in radio in 1966 and retired in 2010. $6,750,000. Theyre backed into a corner.. (LogOut/ 36. This truly is a unique opportunity worth looking into. It is imperative that every licensee of a silent station notify the Commission in writing when broadcast operations resume. The members actively communicate with each other and discuss industry information and trends. For more information on AM and FM radio broadcasting, please visit the Audio Division website, and the Broadcast Radio Links page.FCC>Media Bureau>Audio Division, (202) 418-2700. I talk to would-be broadcasters all the time that have no clue as to what it takes to put together a sales staffbut that will have to wait for another commentary. Jordan Liles / Flickr. SelectHEREcontinue as a FREE MEMBER on the RadioTVDeals site. Windsor Hotel The Windsor Hotel was built in 1875, catching Jacksonville's tourist boom with a firm grasp. LPTV stations that do not originate programming and TV translators must post renewal notice texts on an acceptable website (station, licensee, parent or as otherwise described by the FCC), linked under the title FCC Applications, within five business days after the date on which the FCC issues PN of the acceptance of the renewal application and must remain posted for 30 days. Failure to conduct an engineering inspection can be a costly mistake. You Own The Market! With this combined brain power and political and business clout, what could possibly go wrong? When you miss your sales projections, go back to the banker and refinancejust like the Big Boys.and use them as the industry standard. iHeart Media lists it debt at $20.588 billion and Cumulus Media has outstanding debt around $2.5 billion. Contingent or Pending Sale. All of the little guys (an FM and/or a small AM with a two-holer studio) needed and an engineer once in a while, to fix whatever. Washington, DC 20554. SO, contact us directly to discuss the radio market that YOU are interested in. We dont need sales people. ft. of commercial real estate space . Group of stations for sale. Darryl. The big banks are still there, I guess, because of personal interests and relationships (certainly not from true financial acumen). Asking: $2,500,000, INFO Harold Bausemer VM/phone: 617-306-7939 or EM: radio.usa@outlook.com, FM cluster in top 150 market, 3 very competitive signals in Music Format, available as single station as a combo or cluster, incentive pricing to buy all three. AM has 250w FM repeater, profitable, and well equipped, owned studio/offices and 7 acres transmitter site. NO Hurricanes -NO Tornadoes-NO Snow-NO forest fires & NO local paper! but 98% is all LOCAL programing live 2% syndicated (late night). Sounded horrible with the doc and callers all on the phone, but it grew to national satellite distribution. TThere are many owners who are reluctant to allow us to advertise their stations on the website, afraid that their employees or advertisers will find out that their station is for sale. Gammon Miller, LLC - Christopher Miller Demographics of El Paso are 81.2% of Hispanic origin,12% white & 3% black. Now, how many group owners are run by guys in their 70s? And there are other owners who have told us that IF you have a qualified buyer. $599,000 . Find the best offers for your search vacant service station. If you have a few thousand dollars of unused room on a credit card, feel lucky because that is about all you are going to get. that shares our listings, so tell us what and where Abandoned Houses. I think I will start "Garland's Broadcast Rules of Acquisition". In 2014, the radio industrys total spot revenues declined to under $14 billion, with total revenues just over $17 billion. !what happenbed to his ability to do a cash deal? I was contacted by a gentleman with several years experienbce in various phases of the broadcast industry who said he wanted to buy his first radio station and he knew the type of format he wanted to do. You can only cut the pie so many ways. Members occasionally bring a prospective buyer to the member with the listing, and share commissions when a sale closes. BTW, Im available to drive your conglomerate into bankruptcy for a LOT less money, and I dont have a corporate jet to fund. I rode in such a car last Spring. If all you offer is a tiny play list of the same dreary, trite hits, why would anyone listen? Steve, If it keeps on rainin, levees goin to break Number 1 will be "Sellers always want more than their stations are worthand Buyers want to pay less than a station is worth. Peoria Illinois. The signal will cover over 800,000 people in the primary 60 dbu contour, and over a million for in-car listening. Yes, but with new hardware. You can reach us anytime at (800) 933-0673. Many large companies overspent, then tried to win by saving money on programming and promotion. Bill and I worked together 40 years ago at his hometown station in Mineral Wells, Texas. RadioTVDeals helps radio and television station brokers (otherwise known as media brokers) and radio and TV station owners . I explained I had a station that might fit his criteriabut I would have to have some evidence of financial ability to close a $2.5 Million transaction before releasing any information about the station in question. Add in the docket 8090 stations that never should have existed, and you have a recipe for Clear Channel, and cumulus. Using a Broker like myselfsome buyers and sellers are of the view that they don't need the services of a broker. for the IPod. Maybe we should slow down a bit? - NEW ZEALAND, Western New York- 2 separate AM w/ FM Super Translators (Metro Signals). Will it need to be replaced? When borrowing money, high risk equals high cost. Try searching: 1,755 Abandonments. Ira, to your point, with the tower sites. Kudos to your perseverance! Well thats going to take a few things. You can find a radio station for sale or find a TV station for sale here. I have had several questions about doing appraisals on stations and the answer is YES, I do them. We all know what is wrongthe question ishow do you fix it and give radio back to the people and get it out of the board room? Find properties for sale listings at the best price. Can you compete with them if you go on the air? Heritage radio cluster in year-round tourist and retirement market. When the levee breaks Ill have no place to stay. Primarily number three. Updates may be delayed while the FCC transitions to the new LMS database. Produced by Bill Kinder and his wife, Robin. When he came to the microphone everyone of these broadcasters stood up and cheered. We are also members of a Media Brokers Organization Unless, and this is where it gets goodyou have the cash. President Clinton was right before Stevie Nicks. iHeart Media alone is in hock by almost $20.6 billion. Asking $250,000 - includes all real estate. Of course, with my luck, I got mine about two months before the IPod Touch came out. PRICE $250,000 ~ have others in state @ prices arnging from $125K to $600K FOR INFORMATION: Harold Bausemer, Voice Mail: 617-306-7939 ~ Electronic Mail: radio.usa@outlook.com, Good downtown coverage, owned transmitter site with room for studio. Dream Remodel . Are the copper radials in the ground damaged or corroded away? Station layout. The Windsor also was opened to soldiers awaiting orders to Cuba [] MCH Enterprises Brett Miller, California Wine Country- Consistently PROFITABLE, FM in the Perfect New England College Town. Tatsuno Station is a railway station in the town of Tatsuno, Kamiina District, Nagano Prefecture, Japan jointly operated by JR Central and JR East. Email Broker HERE. Name Brand Gas Station W C-Store In Suffolk County. Local managers are told what to do from corporate headquarters located thousands of miles away. PRICE $429,000 ~ INFO Harold Bausemer, Voice Mail 617-306-7939 ~ Electronic Mail radio.usa@outlook.com, Cap City Station transacts without format or business model, basic/legal studio. And Stevi Nicks made more sense, and told the truth! It was politics for him, it was a career for all of those broadcasters. BROADCAST STATION ACQUISITION ADVICE AND IDEAS FOR BUYERS AND SELLERS. The experience resulted in the short film, 'Tennessee Wonderland' that you can watch online. Northeast College Market If the AM station is a directional system, is the pattern still in compliance? And, they cant get out. Best of all, radio because of its newly aggregated audiences, would be able to leverage and grow its share of the total advertising pie. BEAUTIFUL Facilities, Beautiful Location.VERY successful long-time local FM operation ready for the next owner. Such a station might have a format that appeals to a significant audience but the station is unable to sell enough advertising to capitalize on the station's own success. Abandoned Train Station. Hadden & Assoc. Western NY Rated Market combo: Classic Hits/Oldies FM ranked #2, Country AM ranked # 6 in 21 station market. The Exline Company - Andy McClure Just think, no monthly payment to that nasty, ill-tempered banker who really does not understand your business anyway. step in and limit ownership. continue as a FREE MEMBER on the RadioTVDeals site. Also, the group can offer substantially greater coverage, with members in all geographical areas of the country. His response, They cant. The country of Pakistan is full of police stations that were deemed "no longer needed." This particular one was built long ago, back in 1870, and has since been abandoned. Per FCC policy, the reporting period may end ten days before the report is due, and the reporting period for the next year will begin on the following day. Have a wonderful week. If not, its my belief that online streaming stations will have parity with those with a license within the next decade as they will be able to occupy a button on the dashboard. Unless you have the cash in the bank, cash flow to borrow against and a good track record in this business as a successful operator of broadcast stationsor a lot of rich friends that have given you an irrevocable letter of creditor a portfolio of blue chip stocks, you are not going to get a broadcast loan in this lending climate. youre interested in and well check On November 10, 2015 Cumulus Medias stock price was valued in pennies, as in 27 pennies per share. Theyre bankrupt.. Banks and lenders are turning off the loan spigot to potential borrowers for media transactions. Of course, this assumes the station is producing a cash flow. When the meeting took place, the first thing the "buyer" wanted was to structure a terms deal for 25 years. AM has 250w FM repeater, profitable, and well equipped, owned studio/offices and 7 acres transmitter site. There are lots of projects out there just waiting for you. (LogOut/ Too simplistic for you? Synergies will save the day, more jobs will evaporate into the morass of syndication, voice-tracking, and hubbing. What is a station like this worth? | dxradio.de, Weekend Reading: Average Cumulus Radio Station is Worth $125k. If bankruptcy comes, the administrators will hopefully be more prudent than those that caused it. It will be 2 or 3 companies. Financials: Asking Price: $330,000 + SAV. It is a broker's stock and trade to know what stations are for sale and what owners can be talked into selling if they are not actively marketing their properties. FM in the Perfect New England College Town I once had a phone call from a prospective buyer wanting to kjnow if I had any stations available in a particular marketas a matter of fact, I did. All EAS Participants are required to register and file in ETRS, with the following exceptions: Mark JorgensonJorgenson Broadcast Brokerage. The station owners deal was his commission on /all/ business generated from his and the satellite-delivered stations. The Telecommunications Act of 1996 provided for the expiration of broadcast licenses as a matter of law upon a station's failure to operate for 12 consecutive months. Beautiful 4 season market-with lakes & skiing. Talk radio uses fake callers? If not, then it wont be such a good deal. The auction for spectrum bandwidth for this starts next monthy. I especially need stations under $500K. Id love to buy a radio station cheap! If you don't have an FCC attorney (and you should have one) call me and I can recommend an excellent one with many years in the business. SelectHEREto complete the payout process for this membership. Revenue: On request. Orange County, CA. What are these worth? Cash deals are king. Old Abandoned Houses. Having to obtain an FCC attorney, engineering help, etc. High Volume station on busy intersection. Copyright 1999 2023 GoDaddy Operating Company, LLC. The other way to look at a companys worth is by its enterprise value.. A recent transaction that I was involved in and its failure to close directly relates to the above three "facts of life." Karl, What company was that? submit it via email to me. And you have some good comments coming in from others in the industry! He went on to star as the "Jay" of the #1 Jane and Jay show for many years at KJNE-FM in Waco and did a 20 year afternoon drive gig at KSCS-FM in Dallas-Fort Worth. He said they thought it would increase competition. As any broadcast owner knows, the hardest positions to fill at a station are good sales representatives. It is a broker's stock and trade to know what stations are for sale and what owners can be talked into selling if they are not actively marketing their properties. Being in state capital insulates economy, spending. NDA Required. I had to explain to him that the value of the permits being auctioned was and probably for some time would be highest at the auction price. Both iHeart Media and Cumulus have also been selling tower sites (or land) to create cash. Excellent Midwest market- Priced at just $695k. Of course, each company has other businesses and divisions, but their core business remains radio. Maybe too many people have seen those real estate shows on late night TV that purport to show you how to buy $5 Million worth of real estate, with no money down and flip it the next week for $10 Million and think they can put that to work in the radio business. A fragmented radio industry, mostly made up of mom-and-pop stations back then, would consolidate and once the big money of Wall Street discovered this high cash flow business, there would be incredible innovation. It mirrors my dilemma, finding an alternative to the current angry white male programming or Willies Jerry Springer look alike. Gulf Shores has been named by Forbes as the third best town in the U.S. to retire. Categories: Business/Property, Rural, Professional. Failure to conduct an engineering inspection can be a costly mistake. Asking: $1,000,000. Please also back it up with an email. The caller was bidding on several permits and wanted to know how much he could flip the construction permits for after the auction was over? I was once one myself. I responded"Whoa, settle down just a little. Very few stations are going to be sold on a "this transaction is subject to Buyer being able to secure financing" type contract. 16/20 Bhera Police Station In Pakistan Is Run By Cows. If not, then Lehman, Bear Stearns, Merrill Lynch, Countrywide might be the only outcome for Clear Channel. All broadcasters as we know them today if they want to stay in business will have everything they put out on the air to be fed to the Internet. This is why I first started listening to Rush. which is what we do. NEW! Wanna buy a radio station really cheap in the future? You can also get the podcast on your IPhone thru ITunessearch "Big Billy Kinder Outdoors". Station does 220k. Call today. SOLD! Poor signal? He verbalized, on air, what I thought was clearer thinking (at least to me). Program to the community you serve. But, you dont have to be just in a small town. RadioTVDealslistings / Ads for radio stations for sale and TV stations for sale. This established Radio Communications business located in the North QLD Charters Towers region is being offered for sale for. That is why radio soared to begin with, and it is why radio is crashing except for those who did not accept the LMA agreement from 1996. Attractive HD lease adds an additional 1 million potential pop count. Circuit (Kidd Communications v. FCC 2005 U.S. Appeals) financing may even be harder to get than before. Price reduced to $790,000 - or 5 times Broadcast Cash Flow (National average is 7X BCF), TUCSON, AZ Darryl, I had to post a link to this on my blog.it was a good read! Tower obstruction lighting must be maintained without interruption during all periods of silence to protect general aviation. (LogOut/ The building that formerly housed WFBR Radio in Baltimore has had many lives and uses, and pulling apart the history of when one ended and another began can be a bit of a challenge. Where there is no cash flow, it is the perceived value of what the license is worth plus any hard assets the station may havecommonly referred to as the "stick" or base value. contact long time Reno expert: Pat Anderson. Darryl. For more information on AM and FM radio broadcasting, please visit the Audio Division website, and the Broadcast Radio Links page.FCC>Media Bureau>Audio Division, (202) 418-2700. EL PASO, TX Emergency Antennas, Silent Stations, Special Temporary Authority (STA) for Broadcast Services. It has also been named by several online magazine sites as the #1 place to . It is managed by JR East. Last Update: 3/22/2021. Acts To Save AM Radio (and does something elsetoo), Its The Most Wonderful Time Of TheYear , Wanna Buy a Radio Station Really Cheap? I have some stations for sale now that fit for rehab porjects if you have the cash and the will to work hard. Now the lenders are whining because the poor schmucks they conned into taking out such a loan are unable to make the nut every month. Railroad Equipment. How are other stations in town doing and why? If the latest shiny bauble from The Big Boys doesnt work, then stockholders will take it in the shorts, banks will end up with radio stations via bankruptcy, and a Big Picture guy will tell them radio can be profitable if they just tighten, lighten, and brighten. The meeting was to be held in another city and I was unable to attend. You will need to pay for this but it can save you big money and headaches later. Train Stations. The F.C.C. Big Car Wash and Branded Gas Station with C-Store and Deli on 1.2 Acre Lot in upscale. The client put me in touch with his financial "backer". What are the construction costs? Call it what you want, but when a radio company starts selling its real estate, its nothing but a good old fashioned fire sale. Today we have the Internet and all the media innovations it is spawningand we are not finished yetso dive in. you must sign the NON DISCLOSURE Or. Let's talk. FM Metro in Top 25 Market Interactive web site or not? We are a part of a group of four independent firms working together to expand coverage. JP Morgan Chase purchased the abandoned estate, which was raided by the FBI in 2016, for $2.65 million in October 2022, and the sale went through in December.
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