Transactions: 10/22/07-10/26/07
Yawn. Radio One sent a major market AM packing to Religious specialist Salem Communications. Otherwise, you might not know there was such a thing as station trading this week. Only five other transactions were filed with the FCC, with a total value of about 3.4M. No TV, either.
|
Total |
Mkts 1-50 |
Mkts 51-100 |
Mkts >100 |
Unrated
|
| AMs |
5
|
1 |
1 |
0 |
3 |
| FMs |
4
|
0 |
0 |
0 |
4 |
| TVs |
0
|
0 |
0 |
0 |
0 |
| Total |
9 |
1 |
1 |
0 |
7 |
|
Type of deal
|
Deals |
Stns |
Value
|
| Radio, 1 mkt |
6
|
9 |
15.64M |
|
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 |
6 |
9 |
15.64M |
©2007 Radio Business Report, Inc. All rights reserved.
TV Deal of the Week
No go yet again
Radio Deal of the Week
From on niche to another
WMCU-AM certainly qualified as an outlier for Radio One, existing as a Miami standalone for a company that prefers to cluster up in its markets. Enter Salem, which has two AM formats it likes to run side-by-side, Christian and Conservative Talk. For 12.25M, Radio One prunes its portfolio and enables Salem to follow its AM m.o.
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©2007 Radio Business Report, Inc. All rights reserved.
Radio Business Report -- 2050 Old Bridge Road, Suite B-01, Lake Ridge, VA 22192 -- Phone: 703-492-8191
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