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Transactions: 10/18/04-10/22/04

Traders celebrated the end of the FCC freeze by staging the biggest trading week since the beginning of the year. Over 500M in value changed hands, almost all on the radio side. The big splash was the Emmis/Bonneville swap involving stations in Phoenix and Chicago. There was a lot of action, including big markets.

	Total	Mkts 1-50	Mkts 51-100	Mkts >100	Unrated
AMs	24	6	2	9	7
FMs	21	4	2	10	5
TVs	1	0	0	1	0
Total	46	10	4	20	12

Type of deal	Deals	Stns	Value
Radio, 1 mkt	22	42	485.570M
TV, 1 mkt	1	1	13.5M
Rad-TV, 1 mkt	0	0	$0
Radio, multimkt	1	3	1.1M
TV, multimkt	0	0	$0
Rad-TV, multimkt	0	0	$0
Totals	24	46	500.17M

TV Deal of the Week
Colorado Eagle fades to Gray
Gray Television is moving into the Grand Junction-Montrose CO market with a 13.5M agreement to acquire NBC affiliate KKCO-TV. The seller is Eagle II Broadcasting. KKCO is on Channel 11 in Grand Junction proper, and comes with a Channel 50 low power outlet in Montrose.

Radio Deal of the Week
Bonneville gets K-TARred and feathered
Lots of value changed hands as everyone got used to the fact that the latest transaction freeze was history, but none bigger than the swap between Emmis and Bonneville. Bonneville is getting a trio in Phoenix - - KTAR-AM, KMVP-AM & KKLT-FM - - in exchange for WLUP-FM Chicago and a pile of cash. The Phoenix end is valued at 210M, the Chicago end at 140M.

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