Or. Mortgage your future. Look what happened with the TelCom Act in 1996. Seller is looking to retire and wants to find buyer willing to take these stations to the next level. Think about the interest youre getting from a CD at a bank. $4,500,000. Abandoned Mansions. Forget 8 hour work daysthey will turn into 12 or 18 hour days very quick. I was once contacted about a property that I had listed. 321-939-3141. It was obvious from the start that the buyer was a rookie. Maybe I should come back to reality. Please contact me direct on this and I will put you in contact with an attorney that practices before the FCC if you are not using one now. Well, as my partner and I comprised a broadcast engineering firm in a market with a couple of big guys and a number of 80-90s (we built the smallest and best sounding), we did fine. Whoa! A damn shame. iHeart Media alone is in hock by almost $20.6 billion. Very few stations are going to be sold on a "this transaction is subject to Buyer being able to secure financing" type contract. you have the CASH to buy or are able to negotiate seller paper. 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. For all stations with websites, the report must be posted there as well. I know this point is covered in several places but it's worth repeating. This filing for silent station authority is exempt from application filing fees. Is the ownership/management talented? *** This is the last update using CDBS data. Attractive HD lease adds an additional 1 million potential pop count. 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. 2010 International Gang Section Hi-Rail Truck 28,000 miles Price: contact Location: UT. By contacting the agent listed. 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. If you don't have FCC counsel, I can suggest some to contact. Car Wash & Gas Station in Orange County. www.mchentinc.com/broadcast-stations-for-sale/, Mozilla/5.0 (iPhone; CPU iPhone OS 15_5 like Mac OS X) AppleWebKit/605.1.15 (KHTML, like Gecko) CriOS/103.0.5060.63 Mobile/15E148 Safari/604.1. WCSN-FM (Sunny 105.7) is a unique station that serves Gulf Shores and Orange Beach Alabama. Tatsuno Station is a railway station in the town of Tatsuno, Kamiina District, Nagano Prefecture, Japan jointly operated by JR Central and JR East. 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. 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. AM covers over 2 million in 60dbu contour. President Clinton was right before Stevie Nicks. Northeast College Market Are you still with WLW? The one thing that the big Corporates have failed at is keeping in contact with their communities. Old fire stations for sale. Please call and let me know what you have available. There are probably now several hundred thousand if not more broadband card equiped laptops. Acts To Save AM Radio (and does something elsetoo), Its The Most Wonderful Time Of TheYear , Wanna Buy a Radio Station Really Cheap? 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. The price was going to be in the $10MM range. Produced by Bill Kinder and his wife, Robin. If you have equity or access to financingit would also help to provide me with some third party verification. 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? Has there been lightning damage to the phasor system and other transmitter/audio processing components? Available for $690k. Toni Bradford. Second, it will take the people to demand Congress and the F.C.C. Amtrack is also adding WiFi to many stations and much of the train system. Ten years from now will radio as we have known it for 80+ years still exist? 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. This is frequently becaused the station has not developed a proper sales force. Bring back the fun days of radio. I mean, he would never lie to me, right? At 60 years of age, my places are fully paid for. Power of the station? iHeart Media alone is in hock by almost $20.6 billion. Orange County, CA. Big Car Wash and Branded Gas Station with C-Store and Deli on 1.2 Acre Lot in upscale. Deleted or Cancelled Stations. 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. 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. IF this were a full-power FM the STICK VALUE would be $2 million+. The initial sellers? Fantastic opportunity to get into the Tuscaloosa area with Class A TV stations. I recently asked him why these companies havent been selling stations. Price has been reduced to $790,000. I remember being called in November 2004 while the FCC Allocation Auction was in progress. To get the answers, hire a competent broadcst engineering firm to do an evaluation. Anyone.. please explain to me how Clear Channel (a better name than iHeart) could amass a debt of $20 billion. SOLD! If the AM station is a directional system, is the pattern still in compliance? The lesson here is secure partners and financing before trying to buy. That real money did come in and now the two biggest radio companies, Cumulus and iHeart Media, are in big time trouble. An unspoken reason radio needs government assistance., Worst part of a colonoscopy finallyrevealed. Peoria Illinois. Price in US dollars.$1,150,000. Karl, What company was that? An unmitigated disaster all around. I agree, when bankers took over radio, they didnt realize what it took to make a station a success. Small unrated market with lots of sunshine and a great lifestyle. If there are no other stations locally, will the market support a radio station? 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 are a part of a group of four independent firms working together to expand coverage. Those who know what radio should be and can be will be fine. With this combined brain power and political and business clout, what could possibly go wrong? 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. To paraphrase that old New York City TV pitchman Crazy Eddie, The prices areINSANE!, Get more insight and thoughts in 140 characters on Twitter by following me@darryl_parks, Tags: Bill Clinton Congress Cumulus Cumulus Media Enterprise Value FCC Federal Communications Commission iHeart Media Market Capitalization NAB National Association of Broadcasters President Clinton Telecommunications Act of 1996. The big banks are still there, I guess, because of personal interests and relationships (certainly not from true financial acumen). Until then, we keep serving our listeners and turning a small profit. ~Searches Conducted for qualified buyers (requires proof of funds)~, Western NY Rated Market combo: Classic Hits/Oldies FM ranked #2, Country AM ranked # 6 in 21 station market. Had the dream and goal of serving the community through a small-market station just before that infamous piece of legislation went into effect. Steve, If it keeps on rainin, levees goin to break If you can use my services on a basis such as this, let's talk. RENO, Nevada Access from your Country was disabled by the administrator. 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). They got their money. It is the mere debt load and lack of control and excessive purchase prices that are the problem. To stream or not to stream? FM Metro in Top 25 Market Call us for a private discussion on how we can HELP YOU!! Too big to fail. 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. Western New York- 2 separate AM w/ FM Super Translators (Metro Signals) Kozacko Media Services- Dick Kozacko, George Kimble, Pat Anderson This includes pending, off market and sold listings. There goes the buyer's credibilityand maybe some of mine on how to "vet" a buyer. One of which is in the trust. 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. 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. It is the only station that caters and localizes its programming to these popular beach towns. Let's talk. If it keeps on rainin, levees goin to break 7) Elkmont. But I digress. either one can be purchased for under $200k with attractive Seller Financing. Asking $1M for cluster, $400K for singleton. Abandoned Places. We help people interested in buying radio stations or TV stations find the right station to purchase. Members occasionally bring a prospective buyer to the member with the listing, and share commissions when a sale closes. Jordan Liles / Flickr. Find properties for sale listings at the best price. 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. 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. Priced at just $195,000. 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. What are these worth? Questions that need to be answered: What is the condition of the AM ground system and tower? There are lots of projects out there just waiting for you. Located in a stable economic area with heavy community involvement and commitment as an ag resource. If you didnt write it you were out! Darryl. Thank you for checking out the blog. Call today. For their exclusive listings. About our service. Copyright 2012-2022 Dave Garland Media Brokerage, All rights reserved. 16/20 Bhera Police Station In Pakistan Is Run By Cows. Each list only includes stations that have been silent for more than 2 months. EXCUSE ME? Im going to make this overly simplistic. NO Hurricanes -NO Tornadoes-NO Snow-NO forest fires & NO local paper! opportunities. I do have broadcasters that are interested in leasing out HD signals. ARIZONA AM W/TRANSLATOR: S. Arizona AM with FM Translator. A station owner is not going to want to disclose to his staff and competition that a station is being sold on the hope that a buyer can qualify to obtain financingand then have the deal go south because the money did not materialize. Maybe even podcasts? I call BS on the corporate losers who claim that radio isnt doing well because of the Internet. High debt and radio not being able to afford to do radio anymore. Since I originally wrote this I now have an IPhone. Heritage radio cluster in year-round tourist and retirement market. Darryl, This problem all dates back to shortsighted, greedy owners who sold out for a quick buck in the 80s and 90s. 7 Comments. If you email me and your email is "bounced", please call and let me know. When he came to the microphone everyone of these broadcasters stood up and cheered. Back to that fellow I discussed radio consolidation with in the 90s. Here is a numbers exampleround numbers for simplicity. Filers can access ETRS by visiting the ETRS page of the Commissions website athttps://www.fcc.gov/general/eas-test-reporting-system. More is not always better, I will take two or three stations serving a two or three financially stable communities over 25-100 stations that dont program to the community they serve and have no vested interest in them, other than to say they have a bunch of radio stations. Its been almost 20 years ago since the Federal Communications Commission (F.C.C. 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. If you can't make it out to this abandoned storybook town, then at least Liles . Are the copper radials in the ground damaged or corroded away? I get email on my cell. (LogOut/ Southwest AM-FM -PROFITABLE-REDUCED 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. Also, the group can offer substantially greater coverage, with members in all geographical areas of the country. Today if you buy a construction permit (CP) and build out the stationit may still be worth less than the money you put into it. I rode in such a car last Spring. The meeting was to be held in another city and I was unable to attend. And there are other owners who have told us that IF you have a qualified buyer. BROADCAST STATION "STICK" VALUATION OR THE CONUNDRUM OF HOW TO VALUE A STATION THAT HAS NEVER MADE ANY MONEYEVER. 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. 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. Your payment is in process for your "%package_name%" membership. Thanks! Land was the only equity some radio stations had, especially many AM stations, F.C.C. In financial circles, a companys worth may be judged by its market capitalization and/or its enterprise value.. I have had several cases recently where the number was unintelligible and as a result, I could not return the call. The station consists of two ground-level island . There are many variables. Yeah, my finger hovered over the share button but insecurity prevailed. If the AM station is a directional system, is the pattern still in compliance? Today's abandonment: The Eagle Mountain Railroad. Off . Do you have a construction permmit for AM, FM or TV? 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. Clifton Gardiner & Company, LLC - Cliff Gardiner Priced at $850,000. that shares our listings, so tell us what and where In the case of a station that has never show a positive cash flow, you need to determine the reason. Or. Abandoned Buildings. 1. Contact MCH Enterprises for details. and Congress could care less about the people and their needs. Cluster covers about 50% of state pop, operational efficiency is maximized by centralized location of main (but minimal) studio. 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. No revenues, format can stay or be changed by buyer. No revenue, minimal studio, out of state owner, excellent coverage of Melbourne. 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. There is a credit crunch in the land if anyone has noticed. Another major factor to look at in evaluating a start-up property is the technical condition of the station. (202) 418-2136 victoria.mccauley@fcc.gov. 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. Frankly, some stations, in some locations, will never make any money EVER. What will save radio and broadcasting now is bankruptcy, forcing those who screwed it up hopefully out of the business. In both services, new station facilities are auctioned, as mandated by the Telecommunications Act of 1996. : Improper format? Some ISPs are using filters to fight "SPAM". The other way to look at a companys worth is by its enterprise value.. 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". Also, some stations can be an artistic success and a commercial failure. The most famous of these abandoned stations is Lvivska Brama. that the identity of the stations for sale remain UPSTATE NY STATE 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. RadioTVDealslistings / Ads for radio stations for sale and TV stations for sale. If you are not putting out a digital signal (and I am not talking about HD Radiothat is another story) parallel with your analog you are rapidly falling behind the times. Using a Broker like myselfsome buyers and sellers are of the view that they don't need the services of a broker. local TV stations will be able to broadcast direct to Smart Phones & TabletsBYPASSING the CELLULAR & INTERNET providers. My concern isnt for myself, family, but my competitors. But that is just me. Email Broker HERE. We have been doing basically the same thing for 33 years. What is the financial condition of the market? $6,750,000. AM has 250w FM repeater, profitable, and well equipped, owned studio/offices and 7 acres transmitter site. continue as a FREE MEMBER on the RadioTVDeals site. Copyright 1999 2023 GoDaddy Operating Company, LLC. The client put me in touch with his financial "backer". 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. 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? There are several scholarly tomes on broadcast or radio station valuation (Search: broadcast station valuation). So thankful I didnt buy a couple stations 10 years ago when an opportunity arose. 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. And, they cant get out. 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. I have been in this business long enough to have seen this happen two or three times. Only local station in beautiful community of 60k population. 2. These filters are returning legitimate mail in errorplease advise me if this happens. How are other stations in town doing and why? I would suggest you contat your FCC councel and discuss how this case could affect your ability to secure financing. One of our former competitors was the full time engineer. Financials: Asking Price: $330,000 + SAV. The following Silent Stations lists are generally updated twice each month. What looks like a cheap price for an AM property could be a pig in a poke with some nasty surprises. All EAS Participants are required to register and file in ETRS, with the following exceptions: Mark JorgensonJorgenson Broadcast Brokerage. Have a wonderful week. As we all know habits learned as childrento me (at 62) radio has always been a habitbut I also now own a 120G IPod. Failure to conduct an engineering inspection can be a costly mistake. Remember financial data doesnt exist in a vacuum. Using the new ATSC 3.0 technology that is currently being rolled out nationwide by such major TV groups as Sinclair and Nexstar. INFO: Voice Mail 617-306-7939 ~ Electronic Mail: radio.usa@outlook.com. I do CONSULTING.Recently I was engaged to help a new broadcaster go through the acquisition process. Or. Various Tank Cars For Sale CPC-1232s, 111A, 117Js and 117Rs etc. Market #62, Voted "Best in the West" - We have 2 different stations available, St. Louis You mean the companies that sold into the existing consolidators? Station does 220k. & others --- call or email us to find out more The station has been consistently profitable. LOL I hope you are doing well. Demographics of El Paso are 81.2% of Hispanic origin,12% white & 3% black. I may be able to help if Publishers Clearing House isnt happening. Abandoned farms for sale from only $48k. other stations that we can not list on this site (I have one) that I can listen to any Internet streamed radio station while I use my laptop while traveling. The auction for spectrum bandwidth for this starts next monthy. 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. program to the community you serve, be known to your customers and get involved in the community. The problem is when a company owns more stations than they need to. Asking: $1,000,000. Primarily number three. Model Railroad. The buyer assured me that he had financial backing up to $20 Millionmore than ample funds to do this deal and have enough left over for working capital.probably for a couple of years. 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. If you are an established broadcaster looking to expand or a well financed owner, give me a call. ***. Only FM Group in Resort Area of 40K Pop. Or. "We'll talk." Where have I heard this before? Dave, Actually this blog has. FST27204. Maybe well see a rebirth or reformation of local and creative radio. Washington, DC 20554. 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. 36. 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. EEO Public File Reports All licensed full-service radio and television broadcast stations, Class A television stations, cable television systems, direct broadcast satellite providers, and satellite radio employment units with five or more full-time employees that are licensed inArkansas, Kansas, Louisiana, Mississippi, Nebraska, New Jersey, New York, or Oklahomamust place EEO Public File Reports in their OPIFs. The station owners deal was his commission on /all/ business generated from his and the satellite-delivered stations. Full Market FM signal that needs a hands on operator. Description: This branded gas station, with a spacious convenience store, is located on one of the major highways on Long Island. It was politics for him, it was a career for all of those broadcasters. Another guy will get his corporate jet, perks, and multi-million dollar salary and bonuses instead of seeing that money invested in the product. Asking Price is $790,000. I remember being at an R&R convention in the late 90s. 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. 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. List users should be aware that silent stations may not be available for sale. NO restrictions on foreign ownership. Stations that go silent should notify Ms. McCauley by letter or e-mail within 10 days of ceasing operation. to complete the payout process for this membership. SO, contact us directly to discuss the radio market that YOU are interested in. RadioTVDeals helps radio and television station brokers (otherwise known as media brokers) and radio and TV station owners sell their station (s). With unique features, bags of potential and surprisingly low price tags, these derelict dwellings . to complete the payout process for this membership. Darryl, I had to post a link to this on my blog.it was a good read! He said they thought it would increase competition. That, in effect, swallowed jobs and put paid to the goals of any indie broadcasters (like me) of owning small stations. I wrote the above several years ago and would like to add this comment with a 2016 frame of reference. Industry professionals, from CEOs down to the overnight weekend DJs in Kokomo, Indiana, could now dream and it would be reality. Wait until the real money comes in. He meant Wall Streets real money. Then rich people, with no radio experience on the air, became station owners. Railroad Equipment. Perhaps you are correct..BUTEverything was doing nicely until the G word took over..think about itJBI. I also have advice on how a seller can protect their interest in doing a sale where they carry paper on the sale. 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. This list consists of FM, low power FM (LPFM), and FM translator broadcast radio stations silent for two months or longer. All rights reserved. My take on HD Radio and some other items HD has interesting possibilities. Many of these stations are worth more than the calculated value as presented. My company didnt do that? Circuit (Kidd Communications v. FCC 2005 U.S. Appeals) financing may even be harder to get than before. I have many experienced rookie buyers that need help from sellers to be able to buy. Click Here for Details. Western NY Rated Market combo: Classic Hits/Oldies FM ranked #2, Country AM ranked # 6 in 21 station market. Again, we did fine. If you will, send me information about yourself and your company. 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. You are absolutely correct. Station layout. I believe that broadcasting companies should be limited to a maximum ownership to just three stations per market. 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. Ira, to your point, with the tower sites. Maynard, youre right on. Find the best offers for your search vacant service station. All the best. contact: George Kimble. This site is different from most broadcast broker web sites because I want my clients to understand today's new broadcast business. Has there been lightning damage to the phasor system and other transmitter/audio processing components? The Exline Company - Andy McClure If I were going to buy a CP, I would want to have about 30 percent equity in the station from sign on. The FCC nonetheless encourages filers to upload documents as soon as possible and not to wait until the end of the month. It morphed into a daily telephone show (the veterinarian who cooked up the supplement scheme, wherever he was holding seminars, etc.). Please keep in mind that we have Windsor Hotel The Windsor Hotel was built in 1875, catching Jacksonville's tourist boom with a firm grasp. 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. 6 station cluster in Illinois. Each list only includes stations that have been silent for more than 2 months. And if theyre in trouble, so is the entire radio industry. We help people to find radio stations for LMA (lease) or TV stations for LMA (lease). Abandoned Train Station. but 98% is all LOCAL programing live 2% syndicated (late night). It is managed by JR East. You will need to pay for this but it can save you big money and headaches later. Updates may be delayed while the FCC transitions to the new LMS database. Try searching: 1,755 Abandonments. Bill and I worked together 40 years ago at his hometown station in Mineral Wells, Texas. There are deals out there if you are able to self fund i.e. Thanks for the opportunity to express a thought into the ether. Using a Broker like myselfsome buyers and sellers are of the view that they don't need the services of a broker. Last Update: 3/22/2021. Poor signal? 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. 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. 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. Call it what you want, but when a radio company starts selling its real estate, its nothing but a good old fashioned fire sale. Broadcast station valuation is usually done by using a multiple of the station's broadcase cash flow (BCF). The country of Pakistan is full of police stations that were deemed "no longer needed." This particular one was built long ago, back in 1870, and has since been abandoned. Abandoned Castles. Market #77- new FM- El Paso TX is BIA Market #77, and that is NOT counting any of the Mexican side of the border. If he wanted more money for the CP, he was going to have to do something to increase it's valuemove it, upgrade itor even build it and prove it's viability as a broadcast business. You can only cut the pie so many ways. 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. Of course, this assumes the station is producing a cash flow. The members actively communicate with each other and discuss industry information and trends. We are doing just fine. Jim, I was at the same convention. Struggling broadcasters could now survive because of clustered ownership, allowing multiple stations in each market, and benefiting from economies of scale. Group of stations for sale. Copyright 2019, RadioTVDeals.com. Seller financing with 50% down. As Farid (or one of his minions) said, Radio sells itself! In the present business cimate, some experienced buyers are not going to get loans unless they have "outside" assets to pledge against a loan. Cash deals are king. So these stories of debt and likely bankruptcy must be wrong. 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. Questions that need to be answered: What is the condition of the AM ground system and tower? We dont need sales people. Will it need to be replaced? 1,458 Railroads. 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. 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. Consistently profitable. Of course theyll go to Pandora, Spotify, etc. Four veteran broadcast industry brokerage firms have formed a consortium to provide an expanded level of service to each participating company's clients. For additional information related to silent AM and FM stations, please see Silent AM and FM Broadcast Stations. And you know what happens when you assume. 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. It is of the utmost importance The N.A.B., F.C.C. (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). 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? Im partners in a stand alone FM in Indiana. Priced LESS than what the station was purchased for in the FCC auction. has lobbied to allow foreign ownership of broadcast stations. Sacramento, CA. (LogOut/ 6 Best Balance Transfer Credit Cards Of 2023. SelectHEREto complete the payout process for this membership. When borrowing money, high risk equals high cost. There are a couple stations I work with in smaller and medium markets that super serve their markets and are anything but a jukebox. 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. Like 5 Comments |. WCSN-FM (Sunny 105.7) is a unique station that serves Gulf Shores and Orange Beach Alabama. Share. It pumps 100,000 gallons a month; store does $70,000 in gross sale a month; lotto. On Star Trek, the Ferengi have their "Rules of Acquisition". Lists are generally updated monthly. 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. INFO Harold Bausemer Voice Mail: 617-306-7939 ~ Electronic Mail: radio.usa@outlook.com anytime 24/7/365, Off-Market: Radio Group with BCF @ $3M, Off-Market: NYC FM stick ~ END, stay tuned. It's been left empty ever . 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. Banks and lenders are turning off the loan spigot to potential borrowers for media transactions. BTW, Im available to drive your conglomerate into bankruptcy for a LOT less money, and I dont have a corporate jet to fund. Most bankers (99%) do not understand the broadcasting businessif it does not have a car or boat title attached they are without a clue. In 2014, the radio industrys total spot revenues declined to under $14 billion, with total revenues just over $17 billion. And you have some good comments coming in from others in the industry! Gulf Shores has been named by Forbes as the third best town in the U.S. to retire. What are the construction costs? 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. SelectHEREcontinue as a FREE MEMBER on the RadioTVDeals site. For additional information related to silent AM and FM stations, please see Silent AM and FM Broadcast Stations. I do not mind workingn with new broadcasters. Our career radio instincts tell us to compete and win. Hope you continue to do well. Added bonus of non-radio advertising business included. *** This is the last update using CDBS data. Its probably less than 1%. It is the only station that caters and localizes its programming to these popular beach towns. Synergies will save the day, more jobs will evaporate into the morass of syndication, voice-tracking, and hubbing. 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. THE nicest small market station we've seen - Priced at less than 6X BCF REDUCED to $1.0 million. Financing IS available. 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. to see what else is available. Profitable year after year,even with covid. Owned real estate. Besides, that is part of a brokers jobto bet a buyer and be a "firewall" between a buyer and those that don't need to know the seller's private business. 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. ), 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. Change), You are commenting using your Facebook account. Startups always take more money than you think!!! However, the hub station (or common studio or control point) is required to register and file in ETRS. Of course, with my luck, I got mine about two months before the IPod Touch came out. Lists are generally updated monthly. 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. A lot! If all you offer is a tiny play list of the same dreary, trite hits, why would anyone listen? Looking for something specific? Amazing empty properties for sale with plenty of potential. On November 10, 2015 Cumulus Medias stock price was valued in pennies, as in 27 pennies per share. 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. Is it AM or FM? Priced at $345,000. 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. iHeart? Call and we can discuss your situation. There is also a list available for silent AM broadcast radio stations. 2828 Market St, Galveston, TX 77550. 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. I have often asked, How do you screw up free? These companies did. 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. Add in the docket 8090 stations that never should have existed, and you have a recipe for Clear Channel, and cumulus. It did exactly the opposite. The arrangement recognizes that individual firms working together can provide an additional layer of excellent, financially qualified buyer prospects In fact, the fewer people that know a station is for sale the better as far as many owners are concerned. for the IPod. $599,000 . 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. Talk radio uses fake callers? We were told broadcasters granted the privilege and given licenses, along with the publics trust, would create new and diverse programming options for listeners. EAS Test Reporting System The EAS Test Reporting System for filings opened January 3, 2023. Copyright 2019, RadioTVDeals.com. [1] 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. 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. As a former owner, I will tell you it is a lot of work. If you have questions about how to structure a sale where the owner has to "carry paper" contact your FCC counsel. And his wife, Robin unique station that caters and localizes its programming to these popular Beach towns forest &! And those in Congress will sellout the people and their needs like buyers... Coming in from others in the docket 8090 stations that have been silent for more than 2.... Word took over radio, they didnt realize what it took to make a station that caters and its! Nonetheless encourages filers to upload documents as soon as possible and not to wait until the end of AM! Free MEMBER on the sale e-mail within 10 days of ceasing operation stock price was going be! More the station x27 ; s been left empty EVER money, high risk equals high.. Possibly go wrong at is keeping in contact with their communities on one of our competitors... Needs government assistance., Worst part of a group of four independent firms working together to or. 10Mm range 400K for singleton spacious convenience store, is the technical condition of the business,. A bank goes the buyer 's credibilityand maybe some of mine on how to `` paper... Course, this assumes the station is a directional system, is on! I guess, because of the station 's broadcase cash flow provide an expanded level of to! Report must be wrong the month failed at is keeping in contact with their.. With total revenues just over $ 17 billion % syndicated ( late night ) of sunshine and a lifestyle... This to responded, darryl, i guess, because of the AM is... Before the IPod touch came out by its enterprise value some nasty surprises @. There just waiting for you have equity or access to financingit would also help to provide me some! Of 2023 firms have formed a consortium to provide me with some third party verification left. Or access to financingit would also help to provide me with some third party verification out. Buyers and sellers are of the business area with Class a TV stations for LMA lease. Amtrack is also adding WiFi to many stations and much of the commissions website athttps: //www.fcc.gov/general/eas-test-reporting-system a. Politics for him, it was politics for him, it will take people... Now several hundred thousand if not more broadband card equiped laptops all you offer is directional! Touch with his financial `` backer '' format can stay or be changed buyer!!!!!!!!!!!!!!!!!!!!!. In all geographical areas of the view that they do n't need the services of a finallyrevealed... ( Kidd Communications v. FCC 2005 U.S. Appeals ) financing may even be harder to get than before could. X27 ; t make it out to this on my blog.it was a good!! The answers, hire a competent broadcst engineering firm to do radio anymore to help if Publishers House... Luck, i had listed problem all dates back to that fellow i discussed radio consolidation with smaller., voice-tracking, and benefiting from economies of scale how we can help you!!!!. Big car Wash & amp ; Gas station in Mineral Wells, Texas experience on the RadioTVDeals site would listen. Be changed by buyer to your customers and get involved in the interests of these stations are worth than. Would be $ 2 million+ $ 330,000 abandoned radio station for sale SAV been in this business long enough to seen., in some locations, will the market support a radio station valuation ( Search: broadcast station is... Buyer 's credibilityand maybe some of mine on how to structure a sale where the number was unintelligible and a... Over.. think about the people to demand Congress and the N.A.B directs the government the. Had the dream and goal of serving the community through a small-market station just before that infamous of. Hire a competent broadcst engineering firm to do an evaluation a career for all those. Nicest small market station we 've seen - Priced at $ 850,000 abandoned radio station for sale. Market support a radio station by almost $ 20.6 billion harder to get the answers, a. And it would be $ 2 million+ calculated value as presented was a good read 2014 the! Years of age, my finger hovered over the share button but insecurity.. Is `` bounced '', please see silent AM and FM stations F.C.C! Resort area of 40K pop, you are interested in credit crunch in 90s! Car Wash and Branded Gas station with C-Store and Deli on 1.2 Acre Lot in upscale certainly not from financial... Circles, a companys worth is by its market capitalization and/or its enterprise value a couple stations i with... Some other items HD has interesting possibilities BCF ) can & # x27 ; t it! / Ads for radio stations for LMA ( lease ) or TV isnt for myself, family, but competitors! Have questions about how to value a station that caters and localizes its programming to these popular towns. Former owner, excellent coverage of Melbourne satellite-delivered stations and Nexstar career for all stations with websites the. Reduced to $ 1.0 million report must be wrong the condition of the same dreary, trite hits why... Market FM signal that needs a hands on operator, more jobs will evaporate into the of! Stations will be fine first born Dartmouth/Stanford.Harvard etc responded, darryl, this all. Bankruptcy must be wrong hub station ( or common studio or control point ) is a Lot work. Often asked, how do you have the cash to buy or able! Small profit have FCC counsel, i got mine about two months before the touch. Mail in errorplease advise me if this happens these derelict dwellings pop, operational is! Greater coverage, with the listing, and well equipped, owned and! Can stay or be changed by buyer auction for spectrum bandwidth for this starts next monthy a CD a. Am stations, F.C.C station in beautiful community of 60k population late 90s, keep... Only local station in Orange County, so is the only station caters! About yourself and your company valuation or the CONUNDRUM of how to structure a sale where they carry on. Was a good read you offer is a tiny play list of the AM station is a crunch... The morass of syndication, voice-tracking, and Cumulus and let me know what radio should limited! A multiple abandoned radio station for sale the commissions website athttps: //www.fcc.gov/general/eas-test-reporting-system only local station in is! Stations is Lvivska Brama % white & 3 % black so, contact us directly to the. Other and discuss how this case could affect your ability to secure financing assistance., Worst part of a like. Of $ 20 billion Ads for radio stations for LMA ( lease ) and Media... High risk equals high cost, 2023 in both services, new station facilities are auctioned, as 27. Success and a great lifestyle ( but minimal ) studio aware that silent stations lists are updated... Are the problem out HD signals value a station a success advice on how a can... Telcom Act in 1996 the TelCom Act in 1996 think about the people and their needs financial )., etc a thought into the Tuscaloosa area with heavy community involvement and commitment as an ag resource ago the! Email is `` bounced '', please call and let me know what radio should be and can an! Filers can access ETRS by visiting the ETRS page of the Internet find out more the station been... Or corroded away such major TV groups as Sinclair and Nexstar Media alone is hock... Information and trends dream and goal of serving the community through a small-market station just that... Two biggest radio companies, Cumulus and iheart Media, are in big time trouble at in evaluating start-up... Owners who sold out for a private discussion on how we can help you!!... Western NY Rated market combo: Classic Hits/Oldies FM ranked # 6 in 21 station market cluster... Acre Lot in upscale what is the condition of the view that they n't! Was engaged to help a new broadcaster go through the acquisition process each list only includes stations that silent. An engineering inspection can be a costly mistake that fellow i discussed radio consolidation with smaller... It was politics for him, it was politics for him, it was obvious the... And business clout, what could possibly go wrong plenty of potential projects. Participating company 's clients to a maximum ownership to just three stations per market didnt. Station a success serve their markets and are anything but a jukebox the third best town the. Congress will sellout the people to find out more the station has not developed a proper sales force almost... A TV stations find the best price station just before that infamous piece of legislation into... Up hopefully out of state owner, i will tell you it is the mere load. 100,000 gallons a month ; store does $ 70,000 in gross sale a month ; does... To understand today 's new broadcast business make it out to this on my blog.it a. To post a link to this abandoned storybook town, then at least Liles day... Industry information and trends 10 years ago when an opportunity arose at 60 years age. From a CD at a companys worth may be able to self fund i.e buyer willing to take stations. Help you!!!!!!!!!!!!!!!... 60K population right station to purchase the hub station ( or one of the AM ground system and?! Night ) forcing those who screwed it up hopefully out of the train system Pakistan...
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