Transactions: 6/18/07-6/22/07
It only takes one transaction to break the station trading business out of a slump, and that sort of happened this week. Trades were way down, from 15 to five, and total stations traded were also down from 23 to six, but Radio One's sale of its Minneapolis-St. Paul FM by itself was worth more than the combined total of every other deal filed up to this point of June. [Editor's note: We elected not to tally stations involved in the adminstrative cashless placement of numerous stations into the Aloha Station Trust by Clear Channel.]
|
Total |
Mkts 1-50 |
Mkts 51-100 |
Mkts >100 |
Unrated
|
| AMs |
3
|
1 |
0 |
0 |
2 |
| FMs |
3
|
1 |
0 |
0 |
2 |
| TVs |
0
|
0 |
0 |
0 |
0 |
| Total |
6 |
2 |
0 |
0 |
4 |
|
Type of deal
|
Deals |
Stns |
Value
|
| Radio, 1 mkt |
5
|
6 |
31.275M |
|
TV, 1 mkt
|
0 |
0 |
$0
|
|
Rad-TV, 1 mkt
|
0 |
0 |
$0
|
|
Radio, multimkt
|
0 |
0 |
$0
|
|
TV, multimkt
|
0 |
0 |
$0
|
|
Rad-TV, multimkt
|
0 |
0 |
$0
|
| Totals |
5 |
6 |
31.275M |
©2007 Radio Business Report, Inc. All rights reserved.
TV Deal of the Week
Still snoozing after all these weeks
Radio Deal of the Week
Woodbury scores in the Twin Cities
Local GM Steve Woodbury was able to talk a local bigwig, Minnesota Twins owner Carl Pohlad, into buying him KTTB-FM, the station he was already running. For Radio One, it liquidates a non-core property, to the tune of 28M. The Pohlad/Woodbury company is Northern Lights Broadcasting.
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©2007 Radio Business Report, Inc. All rights reserved.
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