Transactions: 7/2/07-7/6/07
Only four stations changed hands this week (we're not counting two Georgia FMs parked by Clear Channel in the Aloha trust). Two television transactions accounted for the fairly respectable total for the week given the small volume. Radio was almost invisible. We hope the brokerage community at least enjoyed the fireworks.
|
Total |
Mkts 1-50 |
Mkts 51-100 |
Mkts >100 |
Unrated
|
| AMs |
1
|
0 |
0 |
0 |
1 |
| FMs |
1
|
0 |
0 |
0 |
1 |
| TVs |
2
|
1 |
0 |
1 |
0 |
| Total |
4 |
1 |
0 |
1 |
2 |
|
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
Radio Training Networks tops slow week
350K is all it took to earn top transaction honors for the radio biz this week. A noncommercial acquisition led the pack. Radio Training Network is getting WCCE-FM Buies Creek NC from Campbell University Inc. to lead the way in a painfully slow radio week.
Radio Deal of the Week
Frontier gets a piece of Piedmont
Paul Brisette's Piedmont Broadcasting continued to spin properties, this time sending Fox WGXA-TV in the Macon GA market to Frontier Television Investors LLC, headed by Jason R. Wolff. The total bill for the station, 18,780,503, will be paid via a combination of cash and assumed liabilities.
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©2007 Radio Business Report, Inc. All rights reserved.
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