other stations that we can not list on this site Catch the show website at. Or. Failure to conduct an engineering inspection can be a costly mistake. For additional information related to silent AM and FM stations, please see Silent AM and FM Broadcast Stations. There are a couple stations I work with in smaller and medium markets that super serve their markets and are anything but a jukebox. Priced at $850,000. Kudos to your perseverance! If not, then Lehman, Bear Stearns, Merrill Lynch, Countrywide might be the only outcome for Clear Channel. Karl, What company was that? Ill even fly corporate class instead of first class. 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. Baltimore is an under-radioed market, sandwiched between Philadelphia and DC, both Top 10 Nielsen Markets Baltimore has fewer stations than Portland Maine. Stations that go silent should notify Ms. McCauley by letter or e-mail within 10 days of ceasing operation. I have had several questions about doing appraisals on stations and the answer is YES, I do them. 7 Comments. Building works began on the station in the 1990s, but it was soon left to rot due to a lack of funding. either one can be purchased for under $200k with attractive Seller Financing. The few people left will work harder while striving to dodge the flashlight beam. Do you have a construction permmit for AM, FM or TV? Added bonus of non-radio advertising business included. I agree, when bankers took over radio, they didnt realize what it took to make a station a success. Of course theyll go to Pandora, Spotify, etc. For a more comprehensive search, use the search . Your payment is in process for your "%package_name%" membership. And, they cant get out. Are you still with WLW? So these stories of debt and likely bankruptcy must be wrong. 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. The former Chapeltown central station near Sheffield in south Yorkshire, which closed in 1954, has been listed for auction with a guide price of 250,000. Back in the 90s, I commented, I never thought radio would come down to 6 or 8 big radio companies. The person I said this to responded, Darryl, do the math. SOLD! Sales people depend on ratings to sell adds. Our career radio instincts tell us to compete and win. Maybe even podcasts? Washington, DC 20554. Ive worked nearly every job in the radio business. I dont know what you mean. You got that right, Darryl. The potential "Buyer" was informed of the price and the terms (CASH) of the transaction. Buy a station for $50,000 and put $20,000 into it to get on the air. He immediately wanted to know the call sign of the station and all the particulars. Of course, with my luck, I got mine about two months before the IPod Touch came out. Below please find a partial list of available And if theyre in trouble, so is the entire radio industry. 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. There are deals out there if you are able to self fund i.e. Contact MCH Enterprises for details. AM has 250w FM repeater, profitable, and well equipped, owned studio/offices and 7 acres transmitter site. Priced at just $195,000. As a former owner, I will tell you it is a lot of work. You can only cut the pie so many ways. Current owner-operator is retiring for health reasons. Cluster covers about 50% of state pop, operational efficiency is maximized by centralized location of main (but minimal) studio. It did exactly the opposite. "THEM THAT HAS WILL GETTHEM THAT DON'T, WON'T". He said they thought it would increase competition. Now, how many group owners are run by guys in their 70s? Hope there is a chance again in the next 10 years. This list consists of FM, low power FM (LPFM), and FM translator broadcast radio stations silent for two months or longer. Confidentiality: 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. They got their money. Its a brilliant explanation of the situation but you probably wont get many social media shares because those of us still pulling greatly reduced paychecks from these companies are hunkered down like moles dodging a flashlight. 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. *** This is the last update using CDBS data. Have a wonderful week. Bill and I worked together 40 years ago at his hometown station in Mineral Wells, Texas. 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. 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. 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. You will need to pay for this but it can save you big money and headaches later. BEAUTIFUL Facilities, Beautiful Location.VERY successful long-time local FM operation ready for the next owner. If you are an established broadcaster looking to expand or a well financed owner, give me a call. Am I a traitor to my industry or is my industry changing? [1] If you have questions about how to structure a sale where the owner has to "carry paper" contact your FCC counsel. When an FM station is deleted or cancelled, the allotment (or placeholder) remains, but no application can be filed until the next auction/application filing window. I need to know something about you." BLACK FRIDAY SALE 2022: Free Insider Membership for 2 Months Untapped New York November 25, 2022 Untapped New York unearths New York City's secrets and hidden gems. EAS Test Reporting System The EAS Test Reporting System for filings opened January 3, 2023. Then after four or five years of putting money in the bank, yhou call your favorite station broker (ME) to find a new buyer who wants a solid CASH FLOW MACHINE in place to buy. Find a Radio or TV Station for Sale or LMA. Are the copper radials in the ground damaged or corroded away? The big banks are still there, I guess, because of personal interests and relationships (certainly not from true financial acumen). The experience resulted in the short film, 'Tennessee Wonderland' that you can watch online. I especially need stations under $500K. Owner retiring. 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. What is the age of the transmittor? Power of the station? Can you compete with them if you go on the air? 6 station cluster in Illinois. Find nearby old fire station for sale. There is also a list available for silent AM broadcast radio stations. Please also back it up with an email. Bring back the fun days of radio. On November 10, 2015 Cumulus Medias stock price was valued in pennies, as in 27 pennies per share. Price: $330,000 + SAV. BROADCAST STATION ACQUISITION ADVICE AND IDEAS FOR BUYERS AND SELLERS. submit it via email to me. to complete the payout process for this membership. In the present business cimate, some experienced buyers are not going to get loans unless they have "outside" assets to pledge against a loan. $4,500,000. 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. LOL I hope you are doing well. 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. Give me a call. There has been TOO MANY radio stations for a long time. I responded"Whoa, settle down just a little. And you have some good comments coming in from others in the industry! SelectHEREto complete the payout process for this membership. It is of the utmost importance SelectHEREcontinue as a FREE MEMBER on the RadioTVDeals site. It had about $25MM in it. Or. Turn-of-the-century Bramwell, West Virginia, was a rich little town with more millionaires than any place of its size in America. Southwest AM-FM -PROFITABLE-REDUCED A rare, vacant 1215m2 vacant parcel of commercial land is now available on bundabergs. The station has been consistently profitable. What is the financial condition of the market? Four veteran broadcast industry brokerage firms have formed a consortium to provide an expanded level of service to each participating company's clients. We are also members of a Media Brokers Organization We just need order-takers. On-line order takers, apparently. This is a fact of life for the age we are in. 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. Abandoned Buildings. A common industry approach has been to factor the amount of revenue a particular facility may generate by looking at the amount of advertising revenue the station may be able to secure out of the total revenue available for radio in the market if it reaches a particular audience levelwhewgot that? The following on station financing has been prompted by conversations I had once with a 'backer" of a first time buyer. Home loan sharks in some cases have constructed loan vehicles where the monthly payment on a house was not enough to cover both principal and interestthe deficit each month is tacked on the back end of the loan principal to generate even more interestHow stupid is this? document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); 27 cents a share had a market cap of $63,460,000, $1.50 a share had a market cap of $134,210,000, Cumulus Media had an enterprise value of $2.468 billion, iHeart Media had an enterprise value of $20.54 billion, iHeart Media lists it debt at $20.588 billion, Cumulus Media has outstanding debt around $2.5 billion, radio industrys total spot revenues declined to under $14 billion, with total revenues just over $17 billion. Dream Remodel . Hadden & Assoc. Darryl. Commercial uses including the food industry, a motel, a service station, retail, the list. We have 125 properties for sale for old service station, priced from $203,315 Struggling broadcasters could now survive because of clustered ownership, allowing multiple stations in each market, and benefiting from economies of scale. A meeting was set up with the seller, his banker and a partner in the deal and another broker with who I have had many year (30+) association. Market #62, Voted "Best in the West" - We have 2 different stations available, St. Louis 1,458 Railroads. Talk radio uses fake callers? However, the hub station (or common studio or control point) is required to register and file in ETRS. What are the construction costs? I do not mind workingn with new broadcasters. No problem. Failure to conduct an engineering inspection can be a costly mistake. I like your statement program to the community you serve, but I think Daryl misread your comment. Share. to complete the payout process for this membership. When I was first contacted the buyer had dropped some names that I knewone of which was a clientbut did not want that client told of the "Buyer's" interest in this propertyno problem with that on my part. More details . Clinton was the keynote speaker. The corporate reality and daily insecurity tells us to shut up, lay low and stay under the radar. Since I originally wrote this I now have an IPhone. If you are doing your first dealthe more the seller is going to want to know about your finances and your ability to raise money before information about a property is forthcoming. If all you offer is a tiny play list of the same dreary, trite hits, why would anyone listen? When you miss your sales projections, go back to the banker and refinancejust like the Big Boys.and use them as the industry standard. 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? The most famous of these abandoned stations is Lvivska Brama. Consistently profitable. UPSTATE NY STATE Broadcast station valuation is usually done by using a multiple of the station's broadcase cash flow (BCF). 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. 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. It is in this context that your blog is so interesting. Merger and Acquisition deals of all types are being scrutinized closelymany are being delayed or canceled altogether. FM Metro in Top 25 Market Available for $690k. Alaina J Johnson. And it goes back to serving your listeners. 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. Gulf Shores has been named by Forbes as the third best town in the U.S. to retire. Abandoned radio station Built 1947 - 1950First I want to mention, that video isn't filmed by me, but person who filmed it wanted me to upload this video to t. About the comment on selling stockIf is the operative wordWhat :If they did not sell their stock? Asking: $1,000,000. RENO, Nevada Regards from Rod Douglas. Beautiful 4 season market-with lakes & skiing. Call and we can discuss your situation. local TV stations will be able to broadcast direct to Smart Phones & TabletsBYPASSING the CELLULAR & INTERNET providers. 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. FST27204. Do either need to be painted (tower), repaired or even replaced? Parties subject to the Emergency Alert System (EAS) rules (radio and television stations, wired and wireless cable television systems, digital broadcast systems, digital television broadcast stations, Satellite Digital Audio Radio Service, digital cable and digital audio broadcasting systems, and wireline video systems) must submit their annual Form One filings for calendar year 2022 in the online EAS Test Reporting System (ETRS) by no later than February 28, 2023. I have had several cases recently where the number was unintelligible and as a result, I could not return the call. 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. Keep your head down. 1. If the station's silent period is expected to last beyond 30 days, Special Temporary Authority is necessary (see 47 CFR 73.1635 and Emergency Antennas, Silent Stations, Special Temporary Authority (STA) for Broadcast Services). Change), You are commenting using your Facebook account. As a result of a 2005 case in the U.S. Court of Appeals for the D.C. Enter ZIP code or city, state as well. Is the ownership/management talented? Jen Grimble 6/12/2022. I rode in such a car last Spring. 321-939-3141. My concern isnt for myself, family, but my competitors. Smart broadcasters today are already doing it. There goes the buyer's credibilityand maybe some of mine on how to "vet" a buyer. I think I will start "Garland's Broadcast Rules of Acquisition". I have often asked, How do you screw up free? These companies did. Startups always take more money than you think!!! 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). Im going to make this overly simplistic. 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). 8639 Sqft; Posted on 10/12/2022. If it keeps on rainin, levees goin to break Primarily number three. Small unrated market with lots of sunshine and a great lifestyle. confidential. Clifton Gardiner & Company, LLC - Cliff Gardiner iHeart? Financing IS available. In financial circles, a companys worth may be judged by its market capitalization and/or its enterprise value.. Price reduced to $790,000 - or 5 times Broadcast Cash Flow (National average is 7X BCF), TUCSON, AZ It certainly has hit a nerve. Each list only includes stations that have been silent for more than 2 months. Things you need to look at are: Is there a format hole to fill in the market? Do either need to be painted (tower), repaired or even replaced? 216 Texas state interlocker towers. There are lots of projects out there just waiting for you. Hey, if the monopoly ever breaks upand the FCCs willing to accept minimal money and lots of heart and soulI am ready! Copyright 1999 2023 GoDaddy Operating Company, LLC. I explained what I needed and he immediately became very belligerent that they did not need to provide any information until they knew what the station was and so forth. This is why I first started listening to Rush. *** This is the last update using CDBS data. 2010 International Gang Section Hi-Rail Truck 28,000 miles Price: contact Location: UT. 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. So thankful I didnt buy a couple stations 10 years ago when an opportunity arose. Now what? Where have I heard this before? 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). Local managers are told what to do from corporate headquarters located thousands of miles away. 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. I had one client send me his brokerage house account print out. Station does 220k. 334 followers. Yes, but with new hardware. If Publishing Clearinghouse ever shows up at my house, I am starting a Christian radio station here in North Carolina, probably a non-profit, so I can donate tons of money to it and keep it running all by myself and not worry about who is going to support my radio station. My company didnt do that? California Wine Country- Consistently PROFITABLE Also, the group can offer substantially greater coverage, with members in all geographical areas of the country. !what happenbed to his ability to do a cash deal? Tower obstruction lighting must be maintained without interruption during all periods of silence to protect general aviation. The meeting was to be held in another city and I was unable to attend. 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. iHeart Media alone is in hock by almost $20.6 billion. 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. 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. Try searching: 1,755 Abandonments. 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. Become a FREE LoopNet Member to search hundreds of thousands of Government Properties for sale and other commercial properties for sale and for lease throughout the U.S. and Canada.. LoopNet operates the most heavily trafficked commercial real estate listing service online, with more than $425 billion of commercial real estate for sale and 5.1 billion sq. 3782 Sqft; 0.09 Ac. $6,750,000. Some ISPs are using filters to fight "SPAM". Group of stations for sale. If you can't make it out to this abandoned storybook town, then at least Liles . As we all know habits learned as childrento me (at 62) radio has always been a habitbut I also now own a 120G IPod. The signal will cover over 800,000 people in the primary 60 dbu contour, and over a million for in-car listening. And the result? This includes pending, off market and sold listings. Youre saying, Well theres the worth of these companies. Kind of, since the buyer of a company would normally assume its debt, but if you take debt out of this equation, in both cases, these companies have negative equity. The members actively communicate with each other and discuss industry information and trends. 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. Whoa! All EAS Participants are required to register and file in ETRS, with the following exceptions: Mark JorgensonJorgenson Broadcast Brokerage. Lists are generally updated monthly. Tatsuno Station is a railway station in the town of Tatsuno, Kamiina District, Nagano Prefecture, Japan jointly operated by JR Central and JR East. Perhaps you are correct..BUTEverything was doing nicely until the G word took over..think about itJBI. 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.. He wont say how much, but he made a fortune. 2828 Market St, Galveston, TX 77550. I do not want to discourage anyone from realizing your dream of oning that first station. The station also has a freight terminal for the Japan Freight Railway Company . If you are looking to buy your first property or have one to sell, let's talk. You can also get the podcast on your IPhone thru ITunessearch "Big Billy Kinder Outdoors". Five years later (1970-71) five of them were housed in an abandoned supermarket across from the fairgrounds. Orange County, CA. 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. Assets include AMs, FMs, on-line and digital. There are many "deals" out in the market that are not advertised by the sellers. Change). Is it AM or FM? It is the only station that caters and localizes its programming to these popular beach towns. Price in US dollars.$1,150,000. You guys complaining about too many radio stations, have no idea what this FM translator boon, is going to do in the next 18 months. We make sure our buyers understand the process involved in converting a former gas station into a usable commercial property. ), the National Association of Broadcasters (N.A.B. Last Update: 3/22/2021. It's been left empty ever . 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. That real money did come in and now the two biggest radio companies, Cumulus and iHeart Media, are in big time trouble. 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. If I had the money I would love to purchase a radio station.
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