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Transactions: 6/19/06-6/23/06
Trading on the radio side came within a whisker of matching the value of trading on the television side this week, although it took 45 stations to TV's one, a noncom at that. Cherry Creek's acquisition of small market radio stations out of the Fisher portfolio and a fairly big small market buy by Armada Media almost made up for Trinity's move into Orlando.
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Total |
Mkts 1-50 |
Mkts 51-100 |
Mkts >100 |
Unrated
|
AMs |
15
|
2 |
0 |
7 |
6 |
FMs |
30
|
0 |
0 |
22 |
8 |
TVs |
1
|
1 |
0 |
0 |
0 |
Total |
46 |
3 |
0 |
29 |
14 |
Type of deal
|
Deals |
Stns |
Value
|
Radio, 1 mkt |
8
|
13 |
7.003M |
TV, 1 mkt
|
1 |
1 |
50M |
Rad-TV, 1 mkt
|
0 |
0 |
$0
|
Radio, multimkt
|
2 |
32 |
41.9M |
TV, multimkt
|
0 |
0 |
$0
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Rad-TV, multimkt
|
0 |
0 |
$0
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Totals |
11 |
46 |
98.903M |
©2006 Radio Business Report, Inc. All rights reserved.
TV Deal of the Week
Orlando TV onto Crouch couch
A non-com in theme-park land was the top TV filing in the third week of June. Good Life Broadcasting will pocket a hefty 50M when it sends noncom indy Channel 52 WTGL-TV to the Crouch family's Trinity Christian Center of Santa Ana Inc.
Radio Deal of the Week
Fisher sends stations up the Creek
Cherry Creek took a huge step to cement its position as the premier radio operator in the small-market west, paying 33.4M for 25 stations in four Montana markets with one more in Washington state. The deal will require spin-offs in Great Falls MT
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©2006 Radio Business Report, Inc. All rights reserved.
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