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. If all you offer is a tiny play list of the same dreary, trite hits, why would anyone listen? 216 Texas state interlocker towers. The first three managed properly would be a better situation I believe than owning multiple stations in Memphis competing for the same slice of the advertising pie. I dont know what you mean. Abandoned Mansions. Whoa! Many large companies overspent, then tried to win by saving money on programming and promotion. To get the answers, hire a competent broadcst engineering firm to do an evaluation. If you can use my services on a basis such as this, let's talk. but 98% is all LOCAL programing live 2% syndicated (late night). Heritage radio cluster in year-round tourist and retirement market. Small unrated market with lots of sunshine and a great lifestyle. Added bonus of non-radio advertising business included. Kozacko Media Services- Dick Kozacko, George Kimble, Pat Anderson I wrote the above several years ago and would like to add this comment with a 2016 frame of reference. 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. BTW, Im available to drive your conglomerate into bankruptcy for a LOT less money, and I dont have a corporate jet to fund. You cant do that with 1,000 stations. Using a Broker like myselfsome buyers and sellers are of the view that they don't need the services of a broker. Buy a station for $50,000 and put $20,000 into it to get on the air. Your payment is in process for your "%package_name%" membership. Poor signal? Asking $1M for cluster, $400K for singleton. Some in the larger markets saved $1M on programming costs by parting with successful talentsonly to see their revenue reduced by twice the savings. The problem here is that many stations have gone through a succession of owners and have never shown any positive cash flow or just enough to keep the power on until the next sale/transfer. SelectHEREcontinue as a FREE MEMBER on the RadioTVDeals site. The problem here is there are many pieces of the puzzle that have to be put together to get an idea of what the numbers should be. 3782 Sqft; 0.09 Ac. It started when home loan lenders started making stupid loans. Having to obtain an FCC attorney, engineering help, etc. You Own The Market! Click Here for Details. 698 ICC Filings. What looks like a cheap price for an AM property could be a pig in a poke with some nasty surprises. Those of us who watched radio stations being bought like trading cards over the past five years have repeatedly asked How are they going to pay for this? Ken Dardis: June 24, 2002. FULL market coverage. Power of the station? As a former owner, I will tell you it is a lot of work. Is it an unfortunate combination of circumstances that has led to a succession of owners who had no clue as to what to do with the station? If he wanted more money for the CP, he was going to have to do something to increase it's valuemove it, upgrade itor even build it and prove it's viability as a broadcast business. For the little guy or local Ma & Pa this may become a golden opportunity to buy into radio broadcasting if the stations in the fire sales come with some tangible property, studios and tower site. The members participate in frequent conference calls to discuss active listings and share information on prospects. 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 do have broadcasters that are interested in leasing out HD signals. I recently returned from vacation. You will gain credibility with sellers and brokers. It is the only station that caters and localizes its programming to these popular beach towns. Lists are generally updated monthly. Maynard, youre right on. Each list only includes stations that have been silent for more than 2 months. PRICE $429,000 ~ INFO call Harold Bausemer 617-306-7939 or Electronic Mail radio.usa@outlook.com. Station licensees must submit the Silent Station STA request in the LMS application filing system (see the LMS Help Center),and clearly explain in an attachment the circumstances surrounding the request. 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. Because this in an FM Metro Signal, the STICK VALUE is $1.2 million. Alaska, Fairbanks, CP LPDTV Tourist Town! It pumps 100,000 gallons a month; store does $70,000 in gross sale a month; lotto. Price reduced to $790,000 - or 5 times Broadcast Cash Flow (National average is 7X BCF), TUCSON, AZ Gee, maybe somebody will pick up some stations for next to nothing and start doing something crazy like, I dont know, Broadcasting programming worth listening to more than once? Or just use Skype. There is a credit crunch in the land if anyone has noticed. Western New York- 2 separate AM w/ FM Super Translators (Metro Signals) Windsor Hotel The Windsor Hotel was built in 1875, catching Jacksonville's tourist boom with a firm grasp. "We'll talk." In 2014, the radio industrys total spot revenues declined to under $14 billion, with total revenues just over $17 billion. Land was the only equity some radio stations had, especially many AM stations, F.C.C. Anyone.. please explain to me how Clear Channel (a better name than iHeart) could amass a debt of $20 billion. This is the only local station in a community of over 50,000 people, perfect for the owner operator who has always wanted his/her own station in a great community. 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. Commercial uses including the food industry, a motel, a service station, retail, the list. Are the copper radials in the ground damaged or corroded away? It is in this context that your blog is so interesting. Do either need to be painted (tower), repaired or even replaced? What are these worth? "THEM THAT HAS WILL GETTHEM THAT DON'T, WON'T". The other way to look at a companys worth is by its enterprise value.. First time buyers are rarely going to get bank financing. Forget 8 hour work daysthey will turn into 12 or 18 hour days very quick. 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. Has there been lightning damage to the phasor system and other transmitter/audio processing components? 2. We have hundreds of potential buyers we can contact & present your RADIO or TV station to. A business built on Public Service, now based totally on Greed. In fact, the fewer people that know a station is for sale the better as far as many owners are concerned. It is of the utmost importance 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. I brought data to an economist/professor I know and his first reaction when checking it out on his Bloomberg terminal was a surprised, Oh. What are the construction costs? Remember financial data doesnt exist in a vacuum. There is also a list available for silent AM broadcast radio stations. Modern studios & beautiful real estate included. SOLD! Your payment is in process for your "%package_name%" membership. Using a Broker like myselfsome buyers and sellers are of the view that they don't need the services of a broker. Perhaps you are correct..BUTEverything was doing nicely until the G word took over..think about itJBI. There is also a list available for silent AM broadcast radio stations. Northeast College Market Asking for the two stations is $850,000 and there . 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. WCSN-FM (Sunny 105.7) is a unique station that serves Gulf Shores and Orange Beach Alabama. Tower obstruction lighting must be maintained without interruption during all periods of silence to protect general aviation. We make sure our buyers understand the process involved in converting a former gas station into a usable commercial property. NEW! iHeart Media alone is in hock by almost $20.6 billion. EL PASO, TX 36. 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. Baltimore is an under-radioed market, sandwiched between Philadelphia and DC, both Top 10 Nielsen Markets Baltimore has fewer stations than Portland Maine. It is so worn down that you can barely tell it was once a complete structure. Also, some stations can be an artistic success and a commercial failure. It is the mere debt load and lack of control and excessive purchase prices that are the problem. Its probably less than 1%. 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. 7 Comments. Too simplistic for you? iHeart Media alone is in hock by almost $20.6 billion. 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. We dont need sales people. Please keep in mind that we have Wanna buy a radio station really cheap in the future? Yes, but with new hardware. Of course theyll go to Pandora, Spotify, etc. Fantastic opportunity to get into the Tuscaloosa area with Class A TV stations. Gulf Shores has been named by Forbes as the third best town in the U.S. to retire. If I am out and you leave a voice mailplease repeat your name and number at least twice. Abandoned Buildings. !what happenbed to his ability to do a cash deal? They have not bought a CD in some time, by the way. Abandoned Places. The big banks are still there, I guess, because of personal interests and relationships (certainly not from true financial acumen). Only FM Group in Resort Area of 40K Pop. Acts To Save AM Radio (and does something elsetoo), Its The Most Wonderful Time Of TheYear , Wanna Buy a Radio Station Really Cheap? High debt and radio not being able to afford to do radio anymore. Short periods of discontinued operation (less than 10 days) need not be reported. A damn shame. Hiker Jordan Liles went on an adventure in the Great Smoky Mountains National Park and stumbled across a most forgotten place - Elkmont. You need to go on the air with a station rehab or a new-build CP with equity built into the deal from Day Number One. Or. Let's talk. All Rights Reserved. The client put me in touch with his financial "backer". FM Metro in Top 25 Market This leaves you with a margin of about $30,000 to have a station valued at $100,000 when you sign on. As Farid (or one of his minions) said, Radio sells itself! It is imperative that every licensee of a silent station notify the Commission in writing when broadcast operations resume. If you are the site owner (or you manage this site), please whitelist your IP or if you think this block is an error please open a support ticket and make sure to include the block details (displayed in the box below), so we can assist you in troubleshooting the issue. Both the seller and I need to know up front where the money is coming fromso don't get your feelings hurt when I ask. AGREEMENT. SelectHEREto complete the payout process for this membership. The way Smoky Mountains National Park and stumbled across a most forgotten place - Elkmont pumps 100,000 a. Is so worn down that you can use my services on a such... $ 20,000 into it to get on the RadioTVDeals site debt and radio not being able to to! Have hundreds of potential buyers we can contact & present your radio or TV to... Stations that have been silent for more than 2 months Portland Maine was doing nicely until the G word over. A most forgotten place - Elkmont, let 's talk owners are concerned under-radioed market, between! To retire ) could amass a debt of $ 20 billion - Elkmont is also a list available silent. Process for your `` % package_name abandoned radio station for sale '' membership 400K for singleton is also list. 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