If you can't make it out to this abandoned storybook town, then at least Liles . Having to obtain an FCC attorney, engineering help, etc. 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. RadioTVDeals helps radio and television station brokers (otherwise known as media brokers) and radio and TV station owners sell their station (s). LOL I hope you are doing well. And if theyre in trouble, so is the entire radio industry. If I were going to buy a CP, I would want to have about 30 percent equity in the station from sign on. My take on HD Radio and some other items HD has interesting possibilities. Asking for the two stations is $850,000 and there . The corporate reality and daily insecurity tells us to shut up, lay low and stay under the radar. 2010 International Gang Section Hi-Rail Truck 28,000 miles Price: contact Location: UT. If you are looking for a radio station purchase and want a different set of eyes to help with due diligence we can help with thisand for sellers needing to make a property have more 'curb appeal'this is a service offered also. 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? Peoria Illinois. (LogOut/ Darryl. program to the community you serve, be known to your customers and get involved in the community. confidential. (I have one) that I can listen to any Internet streamed radio station while I use my laptop while traveling. When the levee breaks Ill have no place to stay. They work for the bank, until they die. PRICE $250,000 ~ have others in state @ prices arnging from $125K to $600K FOR INFORMATION: Harold Bausemer, Voice Mail: 617-306-7939 ~ Electronic Mail: radio.usa@outlook.com, Good downtown coverage, owned transmitter site with room for studio. "THEM THAT HAS WILL GETTHEM THAT DON'T, WON'T". Each list only includes stations that have been silent for more than 2 months. California Wine Country- Consistently PROFITABLE Heritage radio cluster in year-round tourist and retirement market. 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. I may have some joint venture money available to build the station and get it licensed before the CP dies. This EXCELLENT St. Louis FM signal is offered at $650,000 ( REDUCED), Maine For a more comprehensive search, use the search . (I have one) that I can listen to any Internet streamed radio station while I use my laptop while traveling. After review, the staff may grant Special Temporary Authority for a period not exceeding 180 days, but extensions may be approved upon the submission of a new STA extension request. 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. 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. He verbalized, on air, what I thought was clearer thinking (at least to me). EXCUSE ME? Poor market conditions? Members occasionally bring a prospective buyer to the member with the listing, and share commissions when a sale closes. 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.. *** This is the last update using CDBS data. Confidentiality: to complete the payout process for this membership. Market #77- new FM- El Paso TX is BIA Market #77, and that is NOT counting any of the Mexican side of the border. 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. Of course, each company has other businesses and divisions, but their core business remains radio. If you have questions about how to structure a sale where the owner has to "carry paper" contact your FCC counsel. In fact, the fewer people that know a station is for sale the better as far as many owners are concerned. 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. Email Broker HERE. Clifton Gardiner & Company, LLC - Cliff Gardiner Only FM Group in Resort Area of 40K Pop. I rode in such a car last Spring. There is also a list available for silent AM broadcast radio stations. And there are other owners who have told us that IF you have a qualified buyer. 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). It has also been named by several online magazine sites as the #1 place to . you have the CASH to buy or are able to negotiate seller paper. Orange County, CA. Ira, to your point, with the tower sites. Add in the docket 8090 stations that never should have existed, and you have a recipe for Clear Channel, and cumulus. Until then, we keep serving our listeners and turning a small profit. Have a wonderful week. ARIZONA AM W/TRANSLATOR: S. Arizona AM with FM Translator. Find a Radio or TV Station for Sale or LMA. The main problem I have seen is a lack of effort in trying to monetize the HD signals that may be available to you if you have built out your HD facility. 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. 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. It started when home loan lenders started making stupid loans. As a former owner, I will tell you it is a lot of work. Had the dream and goal of serving the community through a small-market station just before that infamous piece of legislation went into effect. you must sign the NON DISCLOSURE RadioTVDeals helps radio and television station brokers (otherwise known as media brokers) and radio and TV station owners sell their station (s). I was once one myself. I explained I had a station that might fit his criteriabut I would have to have some evidence of financial ability to close a $2.5 Million transaction before releasing any information about the station in question. Where there is no cash flow, it is the perceived value of what the license is worth plus any hard assets the station may havecommonly referred to as the "stick" or base value. Again, we did fine. 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. About old fire station for sale. In 2014, the radio industrys total spot revenues declined to under $14 billion, with total revenues just over $17 billion. They dominate their markets. BTW, Im available to drive your conglomerate into bankruptcy for a LOT less money, and I dont have a corporate jet to fund. I get email on my cell. 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. I remember thinking, what is wrong with you guys, he is putting you out of a job. They got their money. 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. In the case of a station that has never show a positive cash flow, you need to determine the reason. And you have some good comments coming in from others in the industry! Im partners in a stand alone FM in Indiana. People will listen if they want to be informed or entertained with humor or music. 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. 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. I know this point is covered in several places but it's worth repeating. Old fire stations for sale. This filing for silent station authority is exempt from application filing fees. youre interested in and well check 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. 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. About the comment on selling stockIf is the operative wordWhat :If they did not sell their stock? Click Here for Details. Please call and let me know what you have available. 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. Tower obstruction lighting must be maintained without interruption during all periods of silence to protect general aviation. The members participate in frequent conference calls to discuss active listings and share information on prospects. We help people to find radio stations for LMA (lease) or TV stations for LMA (lease). To get the answers, hire a competent broadcst engineering firm to do an evaluation. Here is a numbers exampleround numbers for simplicity. What a weak excuse. Shouldnt a banker (now theres another topic) have said, Youve reached $5 billion in debt. 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. What are the construction costs? By contacting the agent listed. Now the N.A.B. If the AM station is a directional system, is the pattern still in compliance? Wanna buy a radio station really cheap in the future? Southwest AM-FM -PROFITABLE-REDUCED I have some stations for sale now that fit for rehab porjects if you have the cash and the will to work hard. High debt and radio not being able to afford to do radio anymore. Too simplistic for you? 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. EAS Test Reporting System The EAS Test Reporting System for filings opened January 3, 2023. SOLD! 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. Thanks for reading the blog. I responded"Whoa, settle down just a little. Call and we can discuss your situation. 7) Elkmont. I think business could be good for a small operator in all markets. PRICE: $2,000,000 ~ FOR INFO: Harold Bausemer Voice Mail 617-306-7939 ~ Electronic Mail: radio.usa@outlook.com. Am I a traitor to my industry or is my industry changing? The FCC does not maintain any list of stations that may be available for purchase. Darryl. Think about the interest youre getting from a CD at a bank. 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. For additional information related to silent AM and FM stations, please see Silent AM and FM Broadcast Stations. Profitable year after year,even with covid. Best of all, radio because of its newly aggregated audiences, would be able to leverage and grow its share of the total advertising pie. Can you compete with them if you go on the air? Will it need to be replaced? Ad Microsoft. Bill and I worked together 40 years ago at his hometown station in Mineral Wells, Texas. What is the age of the transmittor? Perhaps if Clear Channel and Cumulus does have a fire sale soon, we can pick up some rimshot Cincy stations cheap. On November 10, 2015,Cumulus Media had an enterprise value of $2.468 billion, while iHeart Media had an enterprise value of $20.54 billion. And, there is no good way out. UPSTATE NY STATE And the result? There are many "deals" out in the market that are not advertised by the sellers. Look what happened with the TelCom Act in 1996. Copyright 2012-2022 Dave Garland Media Brokerage, All rights reserved. FM covers over 1 million for in-car listening. 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. Turn-of-the-century Bramwell, West Virginia, was a rich little town with more millionaires than any place of its size in America. I do have broadcasters that are interested in leasing out HD signals. 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. Failure to conduct an engineering inspection can be a costly mistake. ft. of commercial real estate space . 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. Forget 8 hour work daysthey will turn into 12 or 18 hour days very quick. Gammon Miller, LLC - Christopher Miller Abandoned Mansions. Is the ownership/management talented? So these stories of debt and likely bankruptcy must be wrong. There will be no stations sold for next to nothing! Synergies will save the day, more jobs will evaporate into the morass of syndication, voice-tracking, and hubbing. 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. Hey, if the monopoly ever breaks upand the FCCs willing to accept minimal money and lots of heart and soulI am ready! Companies have just been trading stock. Gulf Shores has been named by Forbes as the third best town in the U.S. to retire. Station layout. 698 ICC Filings. but 98% is all LOCAL programing live 2% syndicated (late night). Abandoned Castles. Asking: $1,000,000. Jordan Liles / Flickr. Like 5 Comments |. 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. My company didnt do that? As a result of a 2005 case in the U.S. Court of Appeals for the D.C. I can stick a middle finger to the banker, if I wanted to. FM in the Perfect New England College Town 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? No revenue, minimal studio, out of state owner, excellent coverage of Melbourne. I started in radio in 1966 and retired in 2010. Id love to buy a radio station really cheap! We have hundreds of potential buyers we can contact & present your RADIO or TV station to. SOLD! - NEW ZEALAND, Western New York- 2 separate AM w/ FM Super Translators (Metro Signals). 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. Market # 24- NEW FM - This FM Metro Signal can be paired with any AM within 25 miles, or with a leased HD channel. But wait programmatic buying will save the day! It was obvious from the start that the buyer was a rookie. Produced by Bill Kinder and his wife, Robin. Alaina J Johnson. 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