The big banks are still there, I guess, because of personal interests and relationships (certainly not from true financial acumen). They work for the bank, until they die. About our service. Co-brokered with Kozacko Media Services. Priced at $850,000. 3782 Sqft; 0.09 Ac. JBI. How much up side is there in the market for a new radio station? I have had several cases recently where the number was unintelligible and as a result, I could not return the call. Small unrated market with lots of sunshine and a great lifestyle. Priced at $850,000. Access from your Country was disabled by the administrator. Darryl. It has also been named by several online magazine sites as the #1 place to . I dont know what you mean. This truly is a unique opportunity worth looking into. 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. 334 followers. 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? If you can use my services on a basis such as this, let's talk. 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. 321-939-3141. It started when home loan lenders started making stupid loans. However, it is important to note that a formal consultation must be undertaken and buyers will need to cover all costs for . 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). *** This is the last update using CDBS data. The meeting was to be held in another city and I was unable to attend. Gulf Shores has been named by Forbes as the third best town in the U.S. to retire. If the AM station is a directional system, is the pattern still in compliance? So these stories of debt and likely bankruptcy must be wrong. If you can't make it out to this abandoned storybook town, then at least Liles . I do not mind workingn with new broadcasters. People will listen if they want to be informed or entertained with humor or music. 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. $4,500,000. 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. Copyright 2019, RadioTVDeals.com. Or. Best of all, radio because of its newly aggregated audiences, would be able to leverage and grow its share of the total advertising pie. other stations that we can not list on this site 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. Enter ZIP code or city, state as well. Trust the gas station broker professionals to present your gas station to the most qualified buyers and sell fast. The following Silent Stations lists are generally updated twice each month. Im partners in a stand alone FM in Indiana. Again, we did fine. Mortgage your future. What are these worth? Added bonus of non-radio advertising business included. Call it what you want, but when a radio company starts selling its real estate, its nothing but a good old fashioned fire sale. I have had several questions about doing appraisals on stations and the answer is YES, I do them. Smart broadcasters today are already doing it. And if theyre in trouble, so is the entire radio industry. There are many "deals" out in the market that are not advertised by the sellers. RadioTVDeals helps radio and television station brokers (otherwise known as media brokers) and radio and TV station owners . Failure to conduct an engineering inspection can be a costly mistake. Theyre backed into a corner.. 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. We help people to find radio stations for LMA (lease) or TV stations for LMA (lease). In 2014, the radio industrys total spot revenues declined to under $14 billion, with total revenues just over $17 billion. Each list only includes stations that have been silent for more than 2 months. Had the dream and goal of serving the community through a small-market station just before that infamous piece of legislation went into effect. Im not sure how you put that genie back into the bottle though. Of course, with my luck, I got mine about two months before the IPod Touch came out. I mean, he would never lie to me, right? Click Here for Details. Financing IS available. That, in effect, swallowed jobs and put paid to the goals of any indie broadcasters (like me) of owning small stations. 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. Remember financial data doesnt exist in a vacuum. Buy too many stations, including a bunch of dogs, just because it looks good on a piece of stationery. Scatter Charcoal In Your Home & Watch What . If the AM station is a directional system, is the pattern still in compliance? Yeah, my finger hovered over the share button but insecurity prevailed. 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 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. 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? Will it need to be replaced? Northeast College Market 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. We help people to find radio stations for LMA (lease) or TV stations for LMA (lease). 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. 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. Are you still with WLW? It will be 2 or 3 companies. You will want to see these. He immediately wanted to know the call sign of the station and all the particulars. 6 station cluster in Illinois. 117 Properties from $75,000. Or. This list consists of FM, low power FM (LPFM), and FM translator broadcast radio stations silent for two months or longer. It did exactly the opposite. Lines. Thanks! Give me a call. Darryl, This problem all dates back to shortsighted, greedy owners who sold out for a quick buck in the 80s and 90s. High debt and radio not being able to afford to do radio anymore. Number 1 will be "Sellers always want more than their stations are worthand Buyers want to pay less than a station is worth. Turn-of-the-century Bramwell, West Virginia, was a rich little town with more millionaires than any place of its size in America. Hadden & Assoc. Many of these stations are worth more than the calculated value as presented. Program to the community you serve. But, you dont have to be just in a small town. Also, some stations can be an artistic success and a commercial failure. 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). Market #62, Voted "Best in the West" - We have 2 different stations available, St. Louis ***. All EAS Participants are required to register and file in ETRS, with the following exceptions: Mark JorgensonJorgenson Broadcast Brokerage. If you didnt write it you were out! Today's abandonment: The Eagle Mountain Railroad. 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. Sacramento, CA. All the best. Profitable "Mom & Pop" Station in Beautiful ARIZONA market, Phoenix - AM With FM ""Super Translator" $800k, Escape The SNOW - Buy This PROFITABLE Station, Owner Retiring, Six-Station Dominant Radio Cluster In Southwest Resort Market, Class A FM - Parkersburg/Marietta/Vienna WV-OH Metro, Profitable Group of Stations Are Available, Non Commercial FM, Amarillo, Price Reduced, NW Arkansas LDTV w/ Three County Cable Carry. I was once one myself. Includes licences and transmitting equipment. This is now spilling over into my business. For additional information related to silent AM and FM stations, please see Silent AM and FM Broadcast Stations. Where have I heard this before? Then rich people, with no radio experience on the air, became station owners. Abandoned Trains& Train Stations. Please keep in mind that we have I think I will start "Garland's Broadcast Rules of Acquisition". Failure to conduct an engineering inspection can be a costly mistake. Interest rates are at historic lows, yet iHeart Media is paying, in one case, as much as 14% on its notes. Deregulation destroyed radio broadcasting, generally speaking. 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. It had about $25MM in it. Copyright 2012-2022 Dave Garland Media Brokerage, All rights reserved. Sorry, it does not work like that. ), the National Association of Broadcasters (N.A.B. Since I originally wrote this I now have an IPhone. you have the CASH to buy or are able to negotiate seller paper. Call today. 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. 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 wrote the above several years ago and would like to add this comment with a 2016 frame of reference. ft. of commercial real estate space . 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. The initial sellers? You said business is good if youre a small operator, he took/stated as business is good only in small market. Having to obtain an FCC attorney, engineering help, etc. 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. 1,458 Railroads. A rare, vacant 1215m2 vacant parcel of commercial land is now available on bundabergs. Or just use Skype. 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. Windsor Hotel The Windsor Hotel was built in 1875, catching Jacksonville's tourist boom with a firm grasp. Using a Broker like myselfsome buyers and sellers are of the view that they don't need the services of a broker. NEW! President Clinton was right before Stevie Nicks. Please also back it up with an email. Notifications and Requests for Special Temporary Authority (STA). 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. 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. My example of this would be I would rather own: A station in town A, town B and city C than all the Cumulus or Iheart stations in the Memphis area. ARIZONA AM W/TRANSLATOR: S. Arizona AM with FM Translator. Shouldnt a banker (now theres another topic) have said, Youve reached $5 billion in debt. Group of stations for sale. LOL I hope you are doing well. But that is just me. 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. I have often asked, How do you screw up free? These companies did. We have been doing basically the same thing for 33 years. 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. continue as a FREE MEMBER on the RadioTVDeals site. 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. Primarily number three. You cant do that with 1,000 stations. And you know what happens when you assume. 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. Hope there is a chance again in the next 10 years. 698 ICC Filings. Fantastic opportunity to get into the Tuscaloosa area with Class A TV stations. A business built on Public Service, now based totally on Greed. PRICE $250,000 ~ have others in state @ prices arnging from $125K to $600K FOR INFORMATION: Harold Bausemer, Voice Mail: 617-306-7939 ~ Electronic Mail: [email protected], Good downtown coverage, owned transmitter site with room for studio. In the 90s the radio station o worked for forced all of its own employees to write their congressman and senator urging support of the consolidation legislation. Questions that need to be answered: What is the condition of the AM ground system and tower? Thank you for the kind thoughts. Land was the only equity some radio stations had, especially many AM stations. Emergency Antennas, Silent Stations, Special Temporary Authority (STA) for Broadcast Services. 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. Do you have a Construction Permit that is running short on time? iHeart Media alone is in hock by almost $20.6 billion. FM in the Perfect New England College Town Too simplistic for you? High Volume station at a very busy intersection is up for sale. When a station loses its license, that license is not immediately available to other interested parties. Talk radio uses fake callers? There is a credit crunch in the land if anyone has noticed. If all you offer is a tiny play list of the same dreary, trite hits, why would anyone listen? Acts To Save AM Radio (and does something elsetoo), Its The Most Wonderful Time Of TheYear , Wanna Buy a Radio Station Really Cheap? contact: George Kimble. Asking Price is $790,000. Bill and I worked together 40 years ago at his hometown station in Mineral Wells, Texas. Maybe we should slow down a bit? Many new construction permits (CP) are coming on the market as a result of the recent FM allocations auctions. Interactive web site or not? Profitable year after year,even with covid. My company didnt do that? Ira, to your point, with the tower sites. You Own The Market! One of which is in the trust. 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. (I have one) that I can listen to any Internet streamed radio station while I use my laptop while traveling. At 60 years of age, my places are fully paid for. Industry professionals, from CEOs down to the overnight weekend DJs in Kokomo, Indiana, could now dream and it would be reality. Those companies do not reflect the condition of real radio. I like your statement program to the community you serve, but I think Daryl misread your comment. Greater Raleigh Market- Gospel AM with FM. 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. I may be able to help if Publishers Clearing House isnt happening. Updates . Maynard, youre right on. In fact, the fewer people that know a station is for sale the better as far as many owners are concerned. Maybe I should come back to reality. Asking $1M for cluster, $400K for singleton. In both services, new station facilities are auctioned, as mandated by the Telecommunications Act of 1996. 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. This is why I first started listening to Rush. Peoria Illinois. Of course theyll go to Pandora, Spotify, etc. has lobbied to allow foreign ownership of broadcast stations. What is the age of the transmittor? Strong cash flow dating back several years - including through the pandemic. 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. Cluster covers about 50% of state pop, operational efficiency is maximized by centralized location of main (but minimal) studio. The price was going to be in the $10MM range. Buy a station for $50,000 and put $20,000 into it to get on the air. Short periods of discontinued operation (less than 10 days) need not be reported. Fake callers? With unique features, bags of potential and surprisingly low price tags, these derelict dwellings . Abandoned Places. 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? and Congress could care less about the people and their needs. 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. Many simply think that all you need is to play wall to wall music or do a talk show without having a personality. 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). PRICE $429,000 ~ INFO Harold Bausemer, Voice Mail 617-306-7939 ~ Electronic Mail [email protected], Cap City Station transacts without format or business model, basic/legal studio. 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. An unmitigated disaster all around. The auction for spectrum bandwidth for this starts next monthy. FM Metro in Top 25 Market You are absolutely correct. 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. Karl, What company was that? Alaska, Fairbanks, CP LPDTV Tourist Town! Purchase or Lease Price: varies Location: USA. Do either need to be painted (tower), repaired or even replaced? Owner retiring. confidential. I rode in such a car last Spring. Theyre bankrupt.. The broadcast business is still good, if you are a small operator in a good town, and you do it the old fashioned way: On November 10, 2015 Cumulus Medias stock price was valued in pennies, as in 27 pennies per share. Contact MCH Enterprises for details. opportunities. 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. 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. Call and we can discuss your situation. 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. What a weak excuse. By contacting the agent listed. 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. 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. The following are the 'facts of life' in the radio station trading business. RadioTVDeals helps radio and television station brokers (otherwise known as media brokers) and radio and TV station owners sell their station (s). Today we have the Internet and all the media innovations it is spawningand we are not finished yetso dive in. INFO: Voice Mail 617-306-7939 ~ Electronic Mail: [email protected]. An unspoken reason radio needs government assistance., Worst part of a colonoscopy finallyrevealed. In today's markt we have to contend with how much advertising revenue is going to other competitors on the Internet. The corporate reality and daily insecurity tells us to shut up, lay low and stay under the radar. For their exclusive listings. 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. Building works began on the station in the 1990s, but it was soon left to rot due to a lack of funding. Abandoned Mansions. Two hours from regional airport hub. Yes, but with new hardware. Gulf Shores has been named by Forbes as the third best town in the U.S. to retire. Commercial uses including the food industry, a motel, a service station, retail, the list. His response, They cant. 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. Those who know what radio should be and can be will be fine. Power of the station? 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. Abandoned Train Stations for Sale. List users should be aware that silent stations may not be . The one thing that the big Corporates have failed at is keeping in contact with their communities. The station owners deal was his commission on /all/ business generated from his and the satellite-delivered stations. Sadly, that horse is out of the barn. You can reach us anytime at (800) 933-0673. I have been in this business long enough to have seen this happen two or three times. 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. Railroad Equipment. IF you want an excellent FM signal in this highly desirable Hispanic market, please contact us SOON. program to the community you serve, be known to your customers and get involved in the community. Baltimore is an under-radioed market, sandwiched between Philadelphia and DC, both Top 10 Nielsen Markets Baltimore has fewer stations than Portland Maine. Struggling broadcasters could now survive because of clustered ownership, allowing multiple stations in each market, and benefiting from economies of scale. Assets include AMs, FMs, on-line and digital. And you have some good comments coming in from others in the industry! It is the only station that caters and localizes its programming to these popular beach towns. RENO, Nevada Have a wonderful week. It has also been named by several online magazine sites as the #1 place to visit in Alabama. This appears to be the real story and probably portends the real future of radio, not just a change in programming content. As a former owner, I will tell you it is a lot of work. I feel that radio was more fun in the 60s and 70s than today. Looking for something specific? If I were going to buy a CP, I would want to have about 30 percent equity in the station from sign on. Kudos to your perseverance! Of course, each company has other businesses and divisions, but their core business remains radio. Abandoned Places. Wait until the real money comes in. He meant Wall Streets real money. The following on station financing has been prompted by conversations I had once with a 'backer" of a first time buyer. Find a Radio or TV Station for Sale or LMA. Attractive HD lease adds an additional 1 million potential pop count. The N.A.B., F.C.C. Washington, DC 20554. 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. Illinois River. Price in US dollars.$1,150,000. Skiing in the winter, hiking and mountain biking in the summer. If you have equity or access to financingit would also help to provide me with some third party verification. If not, then it wont be such a good deal. 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. to complete the payout process for this membership. A recent transaction that I was involved in and its failure to close directly relates to the above three "facts of life." It was obvious from the start that the buyer was a rookie. I have some stations for sale now that fit for rehab porjects if you have the cash and the will to work hard. Companies have just been trading stock. What are the construction costs? Of course, if you have the cash and want to loan it to a bank so they can loan it back to you that will probably work.the bank might appreciate having the deposit on the books. 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. Speaking of a less offensive consolidation, I nonetheless urge you never to buy another Busch owned beer. I especially need stations under $500K. We help people interested in buying radio stations or TV stations find the right station to purchase. due to the extreme confidentiality of the situation. 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. Location: Suffolk County, New York, US. Train Stations. SOLD! 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. Financials: Asking Price: $330,000 + SAV. 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? Your payment is in process for your "%package_name%" membership. We essentially folded at that point as we finished building out a (much nicer) studio complex for four of the remaining little guys. Has there been lightning damage to the phasor system and other transmitter/audio processing components? Enter a location to find a nearby old fire station for sale. Old Abandoned Houses. FSRE27203. There goes the buyer's credibilityand maybe some of mine on how to "vet" a buyer. If I am out and you leave a voice mailplease repeat your name and number at least twice. 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. contact long time Reno expert: Pat Anderson. Priced at just $750,000, FLORIDA Amtrack by the way is re-equipping their entire passenger fleet to put a 110 outlet at each seat for passenger use. Using a Broker like myselfsome buyers and sellers are of the view that they don't need the services of a broker. & others --- call or email us to find out more $6,750,000. 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. 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. Name Brand Gas Station W C-Store In Suffolk County. continue as a FREE MEMBER on the RadioTVDeals site. Any land available for purchase - both residential and commercial - which still belongs to Network Rail is listed on their website. And if theyre in trouble, so is the entire radio industry. hardly. I do CONSULTING.Recently I was engaged to help a new broadcaster go through the acquisition process. And I would run it properly and most importantly have fun with it. On Star Trek, the Ferengi have their "Rules of Acquisition". . Brian J., Ill fly coach! As the TV commercial says"life comes at you hard". They got their money. Do these personal interests and relationships exist in the radio business? The problem is when a company owns more stations than they need to. Share. ), 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. I recently asked him why these companies havent been selling stations. Today talented people are told not to be funny or creative. 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. 8639 Sqft; Posted on 10/12/2022. 7 Comments. 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. You can also get the podcast on your IPhone thru ITunessearch "Big Billy Kinder Outdoors". NDA Required. 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. SelectHEREcontinue as a FREE MEMBER on the RadioTVDeals site. Is it AM or FM? 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. If you will, send me information about yourself and your company. But you are going to have to tell me where you expect to get the money to buy the station you wantand in many cases, you are going to have to have the money before you start looking for your station. There are deals out there if you are able to self fund i.e. 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. Find properties for sale listings at the best price. 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. 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. Poor market conditions? but 98% is all LOCAL programing live 2% syndicated (late night). Perhaps you are correct..BUTEverything was doing nicely until the G word took over..think about itJBI. We make sure our buyers understand the process involved in converting a former gas station into a usable commercial property. I rode in such a car last Spring. We are doing just fine. - NEW ZEALAND This established Radio Communications business located in the North QLD Charters Towers region is being offered for sale for. Clifton Gardiner & Company, LLC - Cliff Gardiner Lists are generally updated monthly. Categories: Business/Property, Rural, Professional. Regards from Rod Douglas. you must sign the NON DISCLOSURE Merger and Acquisition deals of all types are being scrutinized closelymany are being delayed or canceled altogether. 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. When the levee breaks Ill have no place to stay. Both iHeart Media and Cumulus have also been selling tower sites (or land) to create cash. Also, the group can offer substantially greater coverage, with members in all geographical areas of the country. First, the first problem is the N.A.B which lobbies for the big consolidators. 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. We have 125 properties for sale for old service station, priced from $203,315 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. 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. Ill even fly corporate class instead of first class. Am I a traitor to my industry or is my industry changing? I do not want to discourage anyone from realizing your dream of oning that first station. As we all know habits learned as childrento me (at 62) radio has always been a habitbut I also now own a 120G IPod. SO, contact us directly to discuss the radio market that YOU are interested in. You will need to pay for this but it can save you big money and headaches later. Whoa! business school educated son/daughter to their loser offspring. Change), You are commenting using your Twitter account. What looks like a cheap price for an AM property could be a pig in a poke with some nasty surprises. We just need order-takers. On-line order takers, apparently. 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. We have hundreds of potential buyers we can contact & present your RADIO or TV station to. Abandoned farms for sale from only $48k. BROADCAST STATION "STICK" VALUATION OR THE CONUNDRUM OF HOW TO VALUE A STATION THAT HAS NEVER MADE ANY MONEYEVER. The F.C.C. Our career radio instincts tell us to compete and win. 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. There will be no stations sold for next to nothing! (LogOut/ And there are other owners who have told us that IF you have a qualified buyer. Is the ownership/management talented? SOLD! Here is a numbers exampleround numbers for simplicity. *** This is the last update using CDBS data. 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. Demographics of El Paso are 81.2% of Hispanic origin,12% white & 3% black. Silent FM Station List. 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. I think business could be good for a small operator in all markets. Owner motivatedreduced to $675,000. Fill in your details below or click an icon to log in: You are commenting using your WordPress.com account. I know this point is covered in several places but it's worth repeating. Price reduced to $790,000 - or 5 times Broadcast Cash Flow (National average is 7X BCF), TUCSON, AZ Kozacko Media Services- Dick Kozacko, George Kimble, Pat Anderson 6 Best Balance Transfer Credit Cards Of 2023. 2 adjacent small-market FM signals-profitable-Asking $350,000. Trucks. It's been left empty ever . If you are looking to buy your first property or have one to sell, let's talk. If you can't hae equity when you sign on, walk away. Most bankers (99%) do not understand the broadcasting businessif it does not have a car or boat title attached they are without a clue. For all stations with websites, the report must be posted there as well. To get the answers, hire a competent broadcst engineering firm to do an evaluation. NORTH CAROLINA What is the financial condition of the market? To get the answers, hire a competent broadcst engineering firm to do an evaluation. Station layout. (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). Anyone.. please explain to me how Clear Channel (a better name than iHeart) could amass a debt of $20 billion. The few people left will work harder while striving to dodge the flashlight beam. Updates may be delayed while the FCC transitions to the new LMS database. Car Wash & Gas Station in Orange County. The banker he was dealing with evidently led him down a merry path of confidence that he could place the loan and when the papers went before the loan committee at the bank the answer was "NO". A vintage RCA console left behind in the abandoned WFBR Radio Station in Baltimore. This EXCELLENT St. Louis FM signal is offered at $650,000 ( REDUCED), Maine No revenues, format can stay or be changed by buyer. Click Here for Details. Five years later (1970-71) five of them were housed in an abandoned supermarket across from the fairgrounds. 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. Do either need to be painted (tower), repaired or even replaced? Only FM Group in Resort Area of 40K Pop. Ad Microsoft. This leaves you with a margin of about $30,000 to have a station valued at $100,000 when you sign on. He and a seller had already struck a deal but he did not have a clue how to go through the "buying" process. This is frequently becaused the station has not developed a proper sales force. Some in the larger markets saved $1M on programming costs by parting with successful talentsonly to see their revenue reduced by twice the savings. No revenue, minimal studio, out of state owner, excellent coverage of Melbourne. Poor signal? 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. Now, how many group owners are run by guys in their 70s? Under the current public notice rules, television stations (including LPTV stations that originate programming) filing renewal applications must begin broadcasts of their post-filing announcements concerning their license renewal applications between the date the application is accepted for filing and five business days thereafter and must continue for a period of four weeks. I remember thinking, what is wrong with you guys, he is putting you out of a job. There are many "deals" out in the market that are not advertised by the sellers. Good sales and profitability. And if stock was transferred they long sold their stock in the existing companies. WCSN-FM (Sunny 105.7) is a unique station that serves Gulf Shores and Orange Beach Alabama. He said they thought it would increase competition. Excellent Midwest market- Priced at just $695k. that shares our listings, so tell us what and where Confidentiality: 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. Counties, FCC Broadcast Filing Deadlines for January and February, https://www.fcc.gov/general/eas-test-reporting-system. FM Metro in Top 25 Market Broadcast station valuation is usually done by using a multiple of the station's broadcase cash flow (BCF). iHeart Media lists it debt at $20.588 billion and Cumulus Media has outstanding debt around $2.5 billion. 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. $599,000 . You got that right, Darryl. Description: This branded gas station, with a spacious convenience store, is located on one of the major highways on Long Island. Owned real estate. If I had the money I would love to purchase a radio station. But I digress. Gammon Miller, LLC - Christopher Miller If not, then Lehman, Bear Stearns, Merrill Lynch, Countrywide might be the only outcome for Clear Channel. Too big to fail. The other way to look at a companys worth is by its enterprise value.. 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. 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 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. And the result? Above: Dent Station in Cumbria, currently for sale with a guide price of 395,000. The FCC nonetheless encourages filers to upload documents as soon as possible and not to wait until the end of the month. It is in this context that your blog is so interesting. Priced LESS than what the station was purchased for in the FCC auction. I do not want to discourage anyone from realizing your dream of oning that first station. : Improper format? In the present business cimate, some experienced buyers are not going to get loans unless they have "outside" assets to pledge against a loan. To stream or not to stream? Another guy will get his corporate jet, perks, and multi-million dollar salary and bonuses instead of seeing that money invested in the product. Produced by Bill Kinder and his wife, Robin. It is the mere debt load and lack of control and excessive purchase prices that are the problem. EL PASO, TX About the comment on selling stockIf is the operative wordWhat :If they did not sell their stock? The Exline Company - Andy McClure How about offering something they cant get for themselves.like personality, information, introducing them to great new artists/music, all the stuff that makes radio fun and important to listen to. For additional information related to silent AM and FM stations, please see Silent AM and FM Broadcast Stations. Last Update: 3/22/2021. 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. When you miss your sales projections, go back to the banker and refinancejust like the Big Boys.and use them as the industry standard. Small market of 50,000 PLUS snowbirds. First time buyers are rarely going to get bank financing. Call us for a private discussion on how we can HELP YOU!! Hey, if the monopoly ever breaks upand the FCCs willing to accept minimal money and lots of heart and soulI am ready! 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. Another major factor to look at in evaluating a start-up property is the technical condition of the station. A lot! | Home of BroadcastJim, Leo Laporte Cant Even Get Anyone to Call The Tech Guy Anymore | TWiT Drama, Deregulation? Stations that go silent should notify Ms. McCauley by letter or e-mail within 10 days of ceasing operation. They dominate their markets. Perhaps if Clear Channel and Cumulus does have a fire sale soon, we can pick up some rimshot Cincy stations cheap. for the IPod. 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. If it keeps on rainin, levees goin to break to complete the payout process for this membership. Current owner-operator is retiring for health reasons. Posted on 09/07/2022. Amtrack by the way is re-equipping their entire passenger fleet to put a 110 outlet at each seat for passenger use. In financial circles, a companys worth may be judged by its market capitalization and/or its enterprise value.. Change), You are commenting using your Facebook account.
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