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Transactions: 7/11/05-7/15/05
After taking a week off for Independence Day, traders were back, putting up the best numbers of the summer thus far. A couple of big market TV deals will do that - - SBS entered the business in Miami, and Belo picked up a UPN affiliate to go with its CBS station in New Orleans - - getting the station from Viacom, the owner of both networks.
|
Total |
Mkts 1-50 |
Mkts 51-100 |
Mkts >100 |
Unrated
|
| AMs |
11
|
2 |
3 |
4 |
2 |
| FMs |
14
|
0 |
1 |
2 |
11 |
| TVs |
2
|
2 |
0 |
0 |
0 |
| Total |
27 |
4 |
4 |
6 |
13 |
|
Type of deal
|
Deals |
Stns |
Value
|
| Radio, 1 mkt |
21
|
25 |
21.256M |
|
TV, 1 mkt
|
2 |
2 |
51.5M |
|
Rad-TV, 1 mkt
|
0 |
0 |
$0
|
|
Radio, multimkt
|
0 |
0 |
$0
|
|
TV, multimkt
|
0 |
0 |
$0
|
|
Rad-TV, multimkt
|
0 |
0 |
$0
|
| Totals |
23 |
27 |
72.756M |
TV Deal of the Week
SBS expands into TV
Up until now, Spanish Broadcasting System has been content to stay solely in the radio business. That's about to change, as it spends 37M to expand in its Miami base with WDLP-TV, adding it to a three-FM cluster.
Radio Deal of the Week
Battaglia on both sides of Phoenix deal
KFNX-AM Cave Creek AZ, in the Phoenix market, is changing hands in a reorganization plan valued at just south of 5M - - 4.875M to be exact. Francis Battaglia is the seller, and is among the new lineup of buyers.
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