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Gammon Miller, LLC - Christopher Miller Is it AM or FM? Whoa! (LogOut/ I responded"Whoa, settle down just a little. And, there is no good way out. contact long time Reno expert: Pat Anderson. Perhaps if Clear Channel and Cumulus does have a fire sale soon, we can pick up some rimshot Cincy stations cheap. 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. 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". 334 followers. FM Translator W298BK Geneseo IL; SOLD! Demographics of El Paso are 81.2% of Hispanic origin,12% white & 3% black. Companies have just been trading stock. SelectHEREto complete the payout process for this membership. Abandoned Train Stations for Sale. and let Clear Channel and Cumulus drown in their debt that was incurred in an effort to take over the world. Do these personal interests and relationships exist in the radio business? Below please find a partial list of available Questions that need to be answered: What is the condition of the AM ground system and tower? An unspoken reason radio needs government assistance., Worst part of a colonoscopy finallyrevealed. All EAS Participants are required to register and file in ETRS, with the following exceptions: Mark JorgensonJorgenson Broadcast Brokerage. Owner retiring. The potential "Buyer" was informed of the price and the terms (CASH) of the transaction. You can only cut the pie so many ways. All rights reserved. "We'll talk." If I were going to buy a CP, I would want to have about 30 percent equity in the station from sign on. 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. Here is a numbers exampleround numbers for simplicity. you must sign the NON DISCLOSURE If not, then it wont be such a good deal. You can also get the podcast on your IPhone thru ITunessearch "Big Billy Kinder Outdoors". that the identity of the stations for sale remain Posted on 09/07/2022. Sellers want to talk to "qualified buyres" . Southwest AM-FM -PROFITABLE-REDUCED What looks like a cheap price for an AM property could be a pig in a poke with some nasty surprises. Im going to make this overly simplistic. Today we have the Internet and all the media innovations it is spawningand we are not finished yetso dive in. $4,500,000. BTW, Im available to drive your conglomerate into bankruptcy for a LOT less money, and I dont have a corporate jet to fund. which is what we do. has lobbied to allow foreign ownership of broadcast stations. Both iHeart Media and Cumulus have also been selling tower sites (or land) to create cash. The arrangement recognizes that individual firms working together can provide an additional layer of excellent, financially qualified buyer prospects 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. You said business is good if youre a small operator, he took/stated as business is good only in small market. It did exactly the opposite. Only local station in beautiful community of 60k population. What looks like a cheap price for an AM property could be a pig in a poke with some nasty surprises. And we both put money in the bank. 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. This truly is a unique opportunity worth looking into. Call and we can discuss your situation. Railroad Photos. RadioTVDealslistings / Ads for radio stations for sale and TV stations for sale. It is the only station that caters and localizes its programming to these popular beach towns. Price has been reduced to $790,000. Change), You are commenting using your Facebook account. I know this point is covered in several places but it's worth repeating. Startups always take more money than you think!!! ~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. Good sales and profitability. 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 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. 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. I have had several questions about doing appraisals on stations and the answer is YES, I do them. There are probably now several hundred thousand if not more broadband card equiped laptops. 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. Beautiful 4 season market-with lakes & skiing. 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. Abandoned Buildings. I also have advice on how a seller can protect their interest in doing a sale where they carry paper on the 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. Of course, each company has other businesses and divisions, but their core business remains radio. Unless, and this is where it gets goodyou have the cash. that shares our listings, so tell us what and where Had the dream and goal of serving the community through a small-market station just before that infamous piece of legislation went into effect. We have 125 properties for sale for old service station, priced from $203,315 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. Deleted or Cancelled Stations. Scatter Charcoal In Your Home & Watch What . As the TV commercial says"life comes at you hard". All the best. They work for the bank, until they die. Maybe well see a rebirth or reformation of local and creative radio. Assets include AMs, FMs, on-line and digital. 16/20 Bhera Police Station In Pakistan Is Run By Cows. 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). Synergies will save the day, more jobs will evaporate into the morass of syndication, voice-tracking, and hubbing. PRICE $429,000 ~ INFO call Harold Bausemer 617-306-7939 or Electronic Mail radio.usa@outlook.com. We help people to find radio stations for LMA (lease) or TV stations for LMA (lease). Banks and lenders are turning off the loan spigot to potential borrowers for media transactions. In today's markt we have to contend with how much advertising revenue is going to other competitors on the Internet. I wrote the above several years ago and would like to add this comment with a 2016 frame of reference. Each list only includes stations that have been silent for more than 2 months. 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. Now what? Speaking of a less offensive consolidation, I nonetheless urge you never to buy another Busch owned beer. If you have questions about how to structure a sale where the owner has to "carry paper" contact your FCC counsel. 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. Many large companies overspent, then tried to win by saving money on programming and promotion. Steve, If it keeps on rainin, levees goin to break This established Radio Communications business located in the North QLD Charters Towers region is being offered for sale for. When he came to the microphone everyone of these broadcasters stood up and cheered. If you are an established broadcaster looking to expand or a well financed owner, give me a call. No revenues, format can stay or be changed by buyer. 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. I mean, he would never lie to me, right? Email Broker HERE. Interest rates are at historic lows, yet iHeart Media is paying, in one case, as much as 14% on its notes. Are the copper radials in the ground damaged or corroded away? I recently asked him why these companies havent been selling stations. 7 Comments. I think business could be good for a small operator in all markets. The corporate reality and daily insecurity tells us to shut up, lay low and stay under the radar. 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. 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. (I have one) that I can listen to any Internet streamed radio station while I use my laptop while traveling. Ive worked nearly every job in the radio business. Enter ZIP code or city, state as well. ), the National Association of Broadcasters (N.A.B. SOLD! Amazing empty properties for sale with plenty of potential. SelectHEREcontinue as a FREE MEMBER on the RadioTVDeals site. 1. It was obvious from the start that the buyer was a rookie. 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. About our service. AM has 250w FM repeater, profitable, and well equipped, owned studio/offices and 7 acres transmitter site. Amtrack is also adding WiFi to many stations and much of the train system. Is the ownership/management talented? Three of the most creative people in radio were Dick Purtin, Gary Burbank and the late Larry Lujack. 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. Railroad Equipment. local TV stations will be able to broadcast direct to Smart Phones & TabletsBYPASSING the CELLULAR & INTERNET providers. I call BS on the corporate losers who claim that radio isnt doing well because of the Internet. Childrens Television Programming Reports Each commercial TV and Class A television station must electronically file its annual Childrens Television Programming Report, on FCC Form 2100 Schedule H, to report on programming aired by the station and other efforts in 2022 that were specifically designed to serve the educational and informational needs of children. Since launching late April, 2010, RadioTVDeals has generated, Class A FM - Parkersburg/Marietta/Vienna WV-OH Metro, Profitable Group of Stations Are Available, Non Commercial FM, Amarillo, Price Reduced, Be The Largest Voice In This Great Small Market, New York Capital District Profitable AM With Two Translators, Dallas Metro FM Serves Fastest Growing U.S. [1] Hope there is a chance again in the next 10 years. What will save radio and broadcasting now is bankruptcy, forcing those who screwed it up hopefully out of the business. I had one client send me his brokerage house account print out. On Star Trek, the Ferengi have their "Rules of Acquisition". 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. Share. WCSN-FM (Sunny 105.7) is a unique station that serves Gulf Shores and Orange Beach Alabama. 6 station cluster in Illinois. 45 L Street NE. Notifications and Requests for Special Temporary Authority (STA). What is a station like this worth? It was politics for him, it was a career for all of those broadcasters. - NEW ZEALAND, Western New York- 2 separate AM w/ FM Super Translators (Metro Signals). Contingent or Pending Sale. PRICE $429,000 ~ INFO Harold Bausemer, Voice Mail 617-306-7939 ~ Electronic Mail radio.usa@outlook.com, Cap City Station transacts without format or business model, basic/legal studio. This is why I first started listening to Rush. If you have equity or access to financingit would also help to provide me with some third party verification. other stations that we can not list on this site Well thats going to take a few things. Ill even fly corporate class instead of first class. Four veteran broadcast industry brokerage firms have formed a consortium to provide an expanded level of service to each participating company's clients. The other way to look at a companys worth is by its enterprise value.. ***. The station consists of two ground-level island . The most famous of these abandoned stations is Lvivska Brama. The few people left will work harder while striving to dodge the flashlight beam. I have often asked, How do you screw up free? These companies did. It is the mere debt load and lack of control and excessive purchase prices that are the problem. When a station loses its license, that license is not immediately available to other interested parties. Remember financial data doesnt exist in a vacuum. Using a Broker like myselfsome buyers and sellers are of the view that they don't need the services of a broker. and Congress could care less about the people and their needs. Do you have a Construction Permit that is running short on time? Where have I heard this before? 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. Have a wonderful week. 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. We struck a deal where my fee was not based on the price of a station. *** This is the last update using CDBS data. With this combined brain power and political and business clout, what could possibly go wrong? I can stick a middle finger to the banker, if I wanted to. Description: This branded gas station, with a spacious convenience store, is located on one of the major highways on Long Island. His response, They cant. iHeart? Updates . You can reach us anytime at (800) 933-0673. JBI. The one thing that the big Corporates have failed at is keeping in contact with their communities. 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. Access from your Country was disabled by the administrator. Ten years from now will radio as we have known it for 80+ years still exist? Western New York- 2 separate AM w/ FM Super Translators (Metro Signals) Big Car Wash and Branded Gas Station with C-Store and Deli on 1.2 Acre Lot in upscale. Failure to conduct an engineering inspection can be a costly mistake. Yes, but with new hardware. You mean the companies that sold into the existing consolidators? High Volume station at a very busy intersection is up for sale. The Windsor also was opened to soldiers awaiting orders to Cuba [] Station layout. 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. . ft. of commercial real estate space . 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. $6,750,000. Ive diversified, many years ago, and if radio disappeared tomorrow, you can only blame the guys who wanted to be exactly like the Big Fish. Thank you for checking out the blog. I need to know something about you." Each list only includes stations that have been silent for more than 2 months. Wanna buy a radio station really cheap in the future? A recent transaction that I was involved in and its failure to close directly relates to the above three "facts of life." Or just use Skype. Seller financing with 50% down. 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. Only FM Group in Resort Area of 40K Pop. This converted fire stationoriginally built in 1887is now a converted building with both commercial and residential space. Interactive web site or not? It's been left empty ever . If you are looking to buy your first property or have one to sell, let's talk. Of course, with my luck, I got mine about two months before the IPod Touch came out. 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. due to the extreme confidentiality of the situation. BLACK FRIDAY SALE 2022: Free Insider Membership for 2 Months Untapped New York November 25, 2022 Untapped New York unearths New York City's secrets and hidden gems. Attractive HD lease adds an additional 1 million potential pop count. You can find a radio station for sale or find a TV station for sale here. I like your statement program to the community you serve, but I think Daryl misread your comment. A business built on Public Service, now based totally on Greed. They have not bought a CD in some time, by the way. We agreed to a set fee and he paid me a large part of it up front. Short periods of discontinued operation (less than 10 days) need not be reported. Sales people depend on ratings to sell adds. If you don't have FCC counsel, I can suggest some to contact. Priced at just $195,000. Off . Financials: Asking Price: $330,000 + SAV. Until then, we keep serving our listeners and turning a small profit. Priced at $850,000. My take on HD Radio and some other items HD has interesting possibilities. Alaina J Johnson. An unmitigated disaster all around. Change), You are commenting using your Twitter account. 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. MCH Enterprises Brett Miller, California Wine Country- Consistently PROFITABLE, FM in the Perfect New England College Town. I would suggest you contat your FCC councel and discuss how this case could affect your ability to secure financing. Today's abandonment: The Eagle Mountain Railroad. If you didnt write it you were out! contact: George Kimble. Illinois River. Copyright 1999 2023 GoDaddy Operating Company, LLC. Today talented people are told not to be funny or creative. Deregulation destroyed radio broadcasting, generally speaking. Is it an unfortunate combination of circumstances that has led to a succession of owners who had no clue as to what to do with the station? CALIFORNIA WINE COUNTRY AM WITH TRANSLATOR: Co-brokered with Kozacko Media Services. If it keeps on rainin, levees goin to break 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? Are the copper radials in the ground damaged or corroded away? Hey, if the monopolies ever break upand the FCC is willing to accept very minimal money and lots of heart and soul to make good radioIm ready! What are the construction costs? For a more comprehensive search, use the search . Silent FM Station List. Last Update: 3/22/2021. It pumps 100,000 gallons a month; store does $70,000 in gross sale a month; lotto. But I digress. Members occasionally bring a prospective buyer to the member with the listing, and share commissions when a sale closes. These filters are returning legitimate mail in errorplease advise me if this happens. BEAUTIFUL Facilities, Beautiful Location.VERY successful long-time local FM operation ready for the next owner. There will be no stations sold for next to nothing! 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. Hope you continue to do well. PRICE: $2,000,000 ~ FOR INFO: Harold Bausemer Voice Mail 617-306-7939 ~ Electronic Mail: radio.usa@outlook.com. No revenue, minimal studio, out of state owner, excellent coverage of Melbourne. Two hours from regional airport hub. 117 Properties from $75,000. 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.. There are many "deals" out in the market that are not advertised by the sellers. Kozacko Media Services- Dick Kozacko, George Kimble, Pat Anderson I feel the ultimate losers will be the initial sellersam I mistaken? Find a Radio or TV Station for Sale or LMA. There is a credit crunch in the land if anyone has noticed. How are other stations in town doing and why? Wait until the real money comes in. He meant Wall Streets real money. Copyright 2019, RadioTVDeals.com. 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. 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. If you email me and your email is "bounced", please call and let me know. Gulf Shores has been named by Forbes as the third best town in the U.S. to retire. Confidentiality: If bankruptcy comes, the administrators will hopefully be more prudent than those that caused it. 2. If the AM station is a directional system, is the pattern still in compliance? You will gain credibility with sellers and brokers. Rated Market TV station, license and equipment with leased T site, population coverage approximately 139000 Price $175,000 Electronic Mail: radio.usa@outlook.com ~ Voice Mail: 617-306-7939 anytime. You will need to pay for this but it can save you big money and headaches later. Circuit (Kidd Communications v. FCC 2005 U.S. Appeals) financing may even be harder to get than before. Financing IS available. A damn shame. It is the only station that caters and localizes its programming to these popular beach towns. Again, we did fine. By contacting the agent listed. Priced at $345,000. Building works began on the station in the 1990s, but it was soon left to rot due to a lack of funding. I do CONSULTING.Recently I was engaged to help a new broadcaster go through the acquisition process. 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. I am a talk show listener longer than Rush as been talking on the radio. 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). Theyre bankrupt.. In the present business cimate, some experienced buyers are not going to get loans unless they have "outside" assets to pledge against a loan. Many assumed the President along with these groups would have the publics interest, convenience and necessity in mind when crafting these new rules. Washington, DC 20554. As we all know habits learned as childrento me (at 62) radio has always been a habitbut I also now own a 120G IPod. My company didnt do that? Contact MCH Enterprises for details. Gulf Shores has been named by Forbes as the third best town in the U.S. to retire. Having to obtain an FCC attorney, engineering help, etc. $599,000 . 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. Questions that need to be answered: What is the condition of the AM ground system and tower? UPSTATE NY STATE Windsor Hotel The Windsor Hotel was built in 1875, catching Jacksonville's tourist boom with a firm grasp. In fact, the fewer people that know a station is for sale the better as far as many owners are concerned. Hiker Jordan Liles went on an adventure in the Great Smoky Mountains National Park and stumbled across a most forgotten place - Elkmont. Anyone.. please explain to me how Clear Channel (a better name than iHeart) could amass a debt of $20 billion. But that is just me. Alaska, Fairbanks, CP LPDTV Tourist Town! Maybe I should come back to reality. The experience resulted in the short film, 'Tennessee Wonderland' that you can watch online. 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. Catch the show website at. Owned real estate. My concern isnt for myself, family, but my competitors. Do either need to be painted (tower), repaired or even replaced? I feel that radio was more fun in the 60s and 70s than today. 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. FM covers over 1 million for in-car listening. Jim, I was at the same convention. I have many experienced rookie buyers that need help from sellers to be able to buy. That real money did come in and now the two biggest radio companies, Cumulus and iHeart Media, are in big time trouble. 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. However, the hub station (or common studio or control point) is required to register and file in ETRS. FULL market coverage. We make sure our buyers understand the process involved in converting a former gas station into a usable commercial property. Baltimore is an under-radioed market, sandwiched between Philadelphia and DC, both Top 10 Nielsen Markets Baltimore has fewer stations than Portland Maine. Owned tower sites. Perhaps you are correct..BUTEverything was doing nicely until the G word took over..think about itJBI. What are these worth? How can they be losers? One of our former competitors was the full time engineer. 8639 Sqft; Posted on 10/12/2022. At 60 years of age, my places are fully paid for. All Rights Reserved. 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. 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. 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. But wait programmatic buying will save the day! Asking for the two stations is $850,000 and there . NORTH CAROLINA Clinton was the keynote speaker. 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. 6 Best Balance Transfer Credit Cards Of 2023. Trust the gas station broker professionals to present your gas station to the most qualified buyers and sell fast. EL PASO, TX As a former owner, I will tell you it is a lot of work. I believe that broadcasting companies should be limited to a maximum ownership to just three stations per market. I remember thinking, what is wrong with you guys, he is putting you out of a job. continue as a FREE MEMBER on the RadioTVDeals site. Purchase or Lease Price: varies Location: USA. FM in the Perfect New England College Town 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. If you can't make it out to this abandoned storybook town, then at least Liles . Best of all, radio because of its newly aggregated audiences, would be able to leverage and grow its share of the total advertising pie. I recently returned from vacation. Profitable year after year,even with covid. Available for $690k. Group of stations for sale. Number 1 will be "Sellers always want more than their stations are worthand Buyers want to pay less than a station is worth. Heritage radio cluster in year-round tourist and retirement market. Your payment is in process for your "%package_name%" membership. It is of the utmost importance This EXCELLENT St. Louis FM signal is offered at $650,000 ( REDUCED), Maine All of the above boils down to this. SO, contact us directly to discuss the radio market that YOU are interested in. Is Kelly Galloup Married, Toddler Soccer Clovis Ca, Hilton Head Trolley Route, International Schools In Madrid Jobs, Corgi Breeders In New Hampshire, Articles A