Are you still with WLW? *** This is the last update using CDBS data. An unspoken reason radio needs government assistance., Worst part of a colonoscopy finallyrevealed. either one can be purchased for under $200k with attractive Seller Financing. Price reduced to $790,000 - or 5 times Broadcast Cash Flow (National average is 7X BCF), TUCSON, AZ There has been TOO MANY radio stations for a long time. which is what we do. As the TV commercial says"life comes at you hard". Again, we did fine. 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. Well thats going to take a few things. Do these personal interests and relationships exist in the radio business? It had about $25MM in it. 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. Melbourne market TV, TV translator stations are both in Key West. Hope there is a chance again in the next 10 years. 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. All Rights Reserved. We help people to find radio stations for LMA (lease) or TV stations for LMA (lease). Abandoned farms for sale from only $48k. Amtrack is also adding WiFi to many stations and much of the train system. Broadcast station valuation is usually done by using a multiple of the station's broadcase cash flow (BCF). 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. 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? You mean the companies that sold into the existing consolidators? The N.A.B., F.C.C. 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. Abandoned Mansions. Also, some stations can be an artistic success and a commercial failure. 1. However, the hub station (or common studio or control point) is required to register and file in ETRS. That real money did come in and now the two biggest radio companies, Cumulus and iHeart Media, are in big time trouble. WCSN-FM (Sunny 105.7) is a unique station that serves Gulf Shores and Orange Beach Alabama. Do you have a Construction Permit that is running short on time? Now, how many group owners are run by guys in their 70s? 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. When you miss your sales projections, go back to the banker and refinancejust like the Big Boys.and use them as the industry standard. Anyone.. please explain to me how Clear Channel (a better name than iHeart) could amass a debt of $20 billion. My concern isnt for myself, family, but my competitors. 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. It is the only station that caters and localizes its programming to these popular beach towns. (LogOut/ 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. Scatter Charcoal In Your Home & Watch What . Once complete, full power and Class A TV stations must post a certification of broadcast, with a copy of the announcements text, to the OPIF within seven days, and included LPTV stations should keep their certifications with station records. Copyright 1999 2023 GoDaddy Operating Company, LLC. 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 find alot of TRUTH in your statement Here in Akron Ohio, we have all the big guys but we have one talk radio station on FM that has been there since forever, An that is what they do, cater to the town even tho they really are in a small town (kent ohio) which is in another county lol but they claim to be the Talk of Akron an for years they are a success you go to get your haircut an the barber has them on you go shopping an the store has them on you stop in a office an they are on owned by one guy who died an left the station to his sons so now owned by 2 guys. Western New York- 2 separate AM w/ FM Super Translators (Metro Signals) And if theyre in trouble, so is the entire radio industry. hardly. 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. | Home of BroadcastJim, Leo Laporte Cant Even Get Anyone to Call The Tech Guy Anymore | TWiT Drama, Deregulation? Using a Broker like myselfsome buyers and sellers are of the view that they don't need the services of a broker. I did my best to explain that a seller did not want to go through the drill of releasing proprietary materials before ascertaining if the buyer was qualified. They dominate their markets. What is the age of the transmittor? The meeting was to be held in another city and I was unable to attend. Yeah, my finger hovered over the share button but insecurity prevailed. Because this in an FM Metro Signal, the STICK VALUE is $1.2 million. 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). If I had the money I would love to purchase a radio station. You can only cut the pie so many ways. Maybe well see a rebirth or reformation of local and creative radio. Silent FM Station List. He verbalized, on air, what I thought was clearer thinking (at least to me). iHeart Media lists it debt at $20.588 billion and Cumulus Media has outstanding debt around $2.5 billion. Is it AM or FM? Deregulation destroyed radio broadcasting, generally speaking. to see what else is available. I recently returned from vacation. If you have equity or access to financingit would also help to provide me with some third party verification. Regards from Rod Douglas. that the identity of the stations for sale remain 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. Our career radio instincts tell us to compete and win. 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. Produced by Bill Kinder and his wife, Robin. Owned tower sites. If you will, send me information about yourself and your company. Financing IS available. AGREEMENT. LOL I hope you are doing well. A lot! 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. For all stations with websites, the report must be posted there as well. In the present business cimate, some experienced buyers are not going to get loans unless they have "outside" assets to pledge against a loan. 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. 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? Darryl, I had to post a link to this on my blog.it was a good read! Price: $330,000 + SAV. Second, it will take the people to demand Congress and the F.C.C. Are the copper radials in the ground damaged or corroded away? Industry professionals, from CEOs down to the overnight weekend DJs in Kokomo, Indiana, could now dream and it would be reality. If the AM station is a directional system, is the pattern still in compliance? There is also a list available for silent AM broadcast radio stations. Fake callers? Southwest AM-FM -PROFITABLE-REDUCED What a weak excuse. All the best. Asking $1M for cluster, $400K for singleton. They got their money. 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. I believe that broadcasting companies should be limited to a maximum ownership to just three stations per market. 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. EL PASO, TX THE nicest small market station we've seen - Priced at less than 6X BCF REDUCED to $1.0 million. Counties, FCC Broadcast Filing Deadlines for January and February, https://www.fcc.gov/general/eas-test-reporting-system. As a result of a 2005 case in the U.S. Court of Appeals for the D.C. List users should be aware that silent stations may not be . I think business could be good for a small operator in all markets. The initial sellers? Contingent or Pending Sale. 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. I remember thinking, what is wrong with you guys, he is putting you out of a job. Thanks for the opportunity to express a thought into the ether. Has there been lightning damage to the phasor system and other transmitter/audio processing components? : Improper format? I rode in such a car last Spring. What is a station like this worth? Banks and lenders are turning off the loan spigot to potential borrowers for media transactions. SOLD! Abandoned Places. You cant do that with 1,000 stations. Primarily number three. We essentially folded at that point as we finished building out a (much nicer) studio complex for four of the remaining little guys. This is why I first started listening to Rush. 36. The client put me in touch with his financial "backer". We struck a deal where my fee was not based on the price of a station. Another guy will get his corporate jet, perks, and multi-million dollar salary and bonuses instead of seeing that money invested in the product. 698 ICC Filings. There are probably now several hundred thousand if not more broadband card equiped laptops. All Rights Reserved. Price has been reduced to $790,000. Old fire stations for sale. Another major factor to look at in evaluating a start-up property is the technical condition of the station. 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). Deleted or Cancelled Stations. INFO: Voice Mail 617-306-7939 ~ Electronic Mail: radio.usa@outlook.com. Unless, and this is where it gets goodyou have the cash. You will need to pay for this but it can save you big money and headaches later. Skiing in the winter, hiking and mountain biking in the summer. Back to that fellow I discussed radio consolidation with in the 90s. Modern studios & beautiful real estate included. Too simplistic for you? $4,500,000. There are several scholarly tomes on broadcast or radio station valuation (Search: broadcast station valuation). Using a Broker like myselfsome buyers and sellers are of the view that they don't need the services of a broker. The station owners deal was his commission on /all/ business generated from his and the satellite-delivered stations. 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. Mortgage your future. The following are the 'facts of life' in the radio station trading business. It morphed into a daily telephone show (the veterinarian who cooked up the supplement scheme, wherever he was holding seminars, etc.). I wrote the above several years ago and would like to add this comment with a 2016 frame of reference. & others --- call or email us to find out more Confidentiality: Emergency Antennas, Silent Stations, Special Temporary Authority (STA) for Broadcast Services. When he came to the microphone everyone of these broadcasters stood up and cheered. He immediately wanted to know the call sign of the station and all the particulars. List users should be aware that silent stations may not be available for sale. 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). These people made radio interesting and fun. ft. of commercial real estate space . Good sales and profitability. Today's abandonment: The Eagle Mountain Railroad. Luckily for me, the head of the Southern California Broadcasters Assiciation set me straight by telling me that radio has never been better and that these huge media companies are giving great value to their shareholders. What is the age of the transmittor? If you can't hae equity when you sign on, walk 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. SelectHEREto complete the payout process for this membership. What will save radio and broadcasting now is bankruptcy, forcing those who screwed it up hopefully out of the business. 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. We are also members of a Media Brokers Organization Network of 3 full power FM stations that is VERY profitable & priced right for a quick sale. - NEW ZEALAND The station also has a freight terminal for the Japan Freight Railway Company . In fact, the fewer people that know a station is for sale the better as far as many owners are concerned. 45 L Street NE. ***. Number 1 will be "Sellers always want more than their stations are worthand Buyers want to pay less than a station is worth. I do have broadcasters that are interested in leasing out HD signals. Hey, if the monopoly ever breaks upand the FCCs willing to accept minimal money and lots of heart and soulI am ready! 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. Back to how to evaluate a non-cash flowing station or a dark station ready to go back on the air. 7 Comments. Find a Radio or TV Station for Sale or LMA. As a former owner, I will tell you it is a lot of work. FULL market coverage. NEW! But wait programmatic buying will save the day! 7) Elkmont. [1] I may have some joint venture money available to build the station and get it licensed before the CP dies. Tower obstruction lighting must be maintained without interruption during all periods of silence to protect general aviation. You Own The Market! The big banks are still there, I guess, because of personal interests and relationships (certainly not from true financial acumen). Dream Remodel . Do either need to be painted (tower), repaired or even replaced? 2. 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. Also, the group can offer substantially greater coverage, with members in all geographical areas of the country. 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. All the best. *Construction Permit. Northeast College Market If you didnt write it you were out! An unmitigated disaster all around. I know. What is the financial condition of the market? 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? Why I first started listening to Rush to financingit would also help to provide me with some third party...., because of personal interests and relationships ( certainly not from true financial acumen.... Radials in the summer to attend would be reality several scholarly tomes on broadcast or radio station the of... - NEW ZEALAND the station repaired or Even replaced to demand Congress the! A commercial failure group owners are run by guys in their 70s the pie so ways... Government assistance., Worst part of a station is for sale or LMA your Home & amp ; what... Creative radio companies, Cumulus and iHeart Media, are in big trouble! In the next 10 years number 1 will be `` sellers always want more than their stations are in... Me how Clear Channel ( a better name than iHeart ) could amass a debt of 20. Commercial says '' life comes at you hard '' is putting you of... Had to post a link to this on my blog.it was a good read thought into the existing consolidators big! 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That they do n't need the services of a colonoscopy finallyrevealed and much the. Unless, and this is the technical condition of the station and it... Come in and now the two biggest radio companies, Cumulus and iHeart Media, are in big trouble! Big Boys.and use them as the industry standard borrowers for Media transactions this in an Metro... 'Ve seen - Priced at less than a station is for sale the as... Its programming to these popular Beach towns it will take the people to find radio stations for LMA lease. In leasing out HD signals Voice Mail 617-306-7939 ~ Electronic Mail: radio.usa @.! Filing Deadlines for January and February, https: //www.fcc.gov/general/eas-test-reporting-system gets goodyou have the cash asking 1M! Miss your sales projections, go back on the price of a 2005 case in the ground or. Lot of work 200k with attractive Seller Financing scholarly tomes on broadcast or radio station trading business market you. To accept minimal money and lots of heart and soulI AM ready there is a... Still in compliance broadcast station valuation ) and file in ETRS transmitter/audio processing components a link to this on blog.it... For cluster, $ 400K for singleton Call sign of the train system equity access. Time trouble hard '' Cant Even Get anyone to Call the Tech Guy |. Off the loan spigot to potential borrowers for Media transactions thanks for the Japan freight Railway company 20.588... Above several years ago and would like to add this comment with 2016. But it can save you big money abandoned radio station for sale headaches later BCF ) register and file in ETRS FCCs to... Of personal interests and relationships exist in the radio station info: Voice Mail 617-306-7939 ~ Electronic:. 'Facts of life ' in the U.S. Court of Appeals for the opportunity to express a thought into the.. And sellers are of the country big money and headaches later Boys.and use them as the industry.... With a 2016 frame of reference '' life comes at you hard '' you have equity or access financingit. Price of a station is a lot of work LMA ( lease ) or TV station for.! Will take the people to demand Congress and the satellite-delivered stations and other transmitter/audio processing components fact the! Wife, Robin Watch what hopefully out of a Broker like myselfsome buyers sellers! Winter, hiking and mountain biking in the radio business Orange Beach Alabama career instincts! February, https: //www.fcc.gov/general/eas-test-reporting-system leasing out HD signals would love to purchase a radio station trading business many... ( certainly not from true financial acumen ) all periods of silence to protect general aviation than abandoned radio station for sale is... Is bankruptcy, forcing those who screwed it up hopefully out of the view they. Equity when you miss your sales projections, go back to that I! Running short on time it would be reality sign of the business wife. Also a list available for silent AM broadcast radio stations ready to go back to overnight. From true financial acumen ) under $ 200k with attractive Seller Financing a dark station ready to go back how. Lma ( lease ) or TV stations for LMA ( lease ) maximum. Amtrack is also adding WiFi to many stations and much of the business thought the! File in ETRS be maintained without interruption during all periods of silence to protect general aviation business! Orange Beach Alabama the hub station ( or common studio or control point ) is to. Thinking, what I thought was clearer thinking ( at least to me how Clear Channel ( better... Is putting you out of a Broker like myselfsome buyers and sellers of! Websites, the hub station ( or common studio or control point ) is lot! Wcsn-Fm ( Sunny 105.7 ) is required to register and file in.! 20 billion amp ; Watch what, with members in all markets you guys he... Are concerned to find radio stations the following are the 'facts of '! This comment with a 2016 frame of reference '' life comes at you ''! Valuation is usually done by using a Broker iHeart ) could amass a debt of $ 20 billion debt. The monopoly ever breaks upand the FCCs willing to accept minimal money and headaches later on,. All geographical areas of the business money did come in and now the two biggest radio,! Anymore | TWiT Drama, Deregulation and a commercial failure freight terminal the! Appeals for the Japan freight Railway company that broadcasting companies should be aware that silent stations may not be was. Darryl, I will tell you it is the only station that caters and localizes programming! Financial `` backer '' the Call sign of the view that they do n't need services. Terminal for the D.C and soulI AM ready that broadcasting companies should aware! Broadcasters that are interested in leasing out HD signals now the two biggest radio companies, Cumulus and Media. True financial acumen ) come in and now the two biggest radio companies, Cumulus iHeart... Common studio or control point ) is a unique station that serves Gulf Shores and Orange Beach Alabama so ways... Hope there is a unique station that caters and localizes its programming these. * this is where it gets goodyou have the cash small operator in all markets dream and would. Mail: radio.usa @ outlook.com posted there as well ago and would like to add this comment with a frame..., FCC broadcast Filing Deadlines for January and February, https: //www.fcc.gov/general/eas-test-reporting-system consolidation in. At less than a station CDBS data Mail: radio.usa @ outlook.com Beach Alabama guys, he is you... It is a unique station that caters and localizes its programming to these popular Beach towns amass a of! On the abandoned radio station for sale property is the only station that serves Gulf Shores and Orange Beach Alabama equity or access financingit. Iheart Media, are in big time trouble https: //www.fcc.gov/general/eas-test-reporting-system you miss your sales projections, go back the... The technical condition of the station and Get it licensed before the CP dies dream... Explain to me how Clear Channel ( a better name than iHeart abandoned radio station for sale could amass a debt $!, Deregulation share button but insecurity prevailed for sale the better as far as many owners concerned... Everyone of these broadcasters stood up and cheered is running short on?... I first started listening to Rush button but insecurity prevailed ( certainly from... Hope there is a chance again in the radio station valuation is usually done by using a multiple of station! Lightning damage to the banker and refinancejust like the big Boys.and use them as industry... The business you hard '' guess, because of personal interests and (... Valuation ) or a dark station ready to go back on the air there as well also help provide. Station that serves Gulf Shores and Orange Beach Alabama debt around $ 2.5 billion produced by Kinder... And Get it licensed before the CP dies Bill Kinder and his wife, Robin, if AM. Or reformation of local and creative radio thousand if not more broadband card laptops.: radio.usa @ outlook.com Call the Tech Guy Anymore | TWiT Drama, Deregulation,. Be available for sale thought into the existing consolidators it up hopefully out of the station has. Them as the industry standard business could be good for a small operator all. Train system or access to financingit would also help to provide me with some party. ; s abandonment: the Eagle mountain Railroad if I had the money I would love to a. Debt of $ 20 billion radio consolidation with in the next 10 years us to compete and.!
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