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What's Emmis got to sell?
Here's your shopping list if you want to get in on the bidding for TV stations at Emmis Communications. The company says it has about a billion bucks invested in its TV group, with a remaining tax basis of about 750 million. The TV group had 103,716,000 of broadcast cash flow for the most recent fiscal year. Let the bidding begin!
TVBR observation: We can say with near certainty that the entire Emmis TV group will not end up with a single new owner. That's because of the situation in Honolulu, where it has a temporary waiver to own both the CBS and Fox affiliates. So look for those to end up in separate hands.
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CALLS
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Channel
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Affiliation
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Market Name
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Market Rank
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Revenue-Station 2004
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WKCF-TV
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18
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WB
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Orlando-Daytona Beach-Melbourne, FL
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20
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44,000,000
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KOIN-TV
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6
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CBS
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Portland, OR
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24
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36,000,000
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WVUE-TV
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8
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FOX
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New Orleans, LA
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43
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19,500,000
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KRQE-TV
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13
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CBS
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Albuquerque-Santa Fe, NM
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47
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24,000,000
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WSAZ-TV
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3
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NBC
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Charleston-Huntington, WV
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62
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33,000,000
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WBPG-TV
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55
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WB
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Mobile, AL-Pensacola, FL
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63
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2,050,000
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WALA-TV
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10
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FOX
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Mobile, AL-Pensacola, FL
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63
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18,000,000
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KSNW-TV
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3
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NBC
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Wichita - Hutchinson, KS
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66
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15,500,000
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WFTX-TV
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36
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FOX
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Ft. Myers-Naples, FL
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68
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18,500,000
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WLUK-TV
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11
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FOX
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Green Bay-Appleton, WI
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69
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16,000,000
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KGMB-TV
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9
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CBS
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Honolulu, HI
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71
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13,500,000
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KHON-TV
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2
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FOX
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Honolulu, HI
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71
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19,500,000
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KGUN-TV
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9
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ABC
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Tucson, AZ
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72
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16,500,000
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KMTV-TV
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3
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CBS
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Omaha, NE
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76
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13,950,000
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KSNT-TV
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27
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NBC
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Topeka, KS
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137
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6,700,000
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WTHI-TV
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10
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CBS
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Terre Haute, IN
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149
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10,100,000
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Source: BIAfn Media Access Pro
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