Transactions: 10/29/07-11/2/07
There was somewhat of a rebound in trading as October faded into November. The week hailed the return of at least one transaction on the television side as a network affiliate in Texas got set to change hands. A pair of regional cluster transactions fueled the action on the radio side. The value of the 29 radio stations in the mix was just a hair above that of the one TV station.
|
Total |
Mkts 1-50 |
Mkts 51-100 |
Mkts >100 |
Unrated
|
AMs |
11
|
2 |
1 |
4 |
4 |
FMs |
18
|
0 |
0 |
6 |
12 |
TVs |
1
|
0 |
0 |
1 |
0 |
Total |
30 |
2 |
1 |
11 |
16 |
Type of deal
|
Deals |
Stns |
Value
|
Radio, 1 mkt |
9
|
16 |
10.478M |
TV, 1 mkt
|
1 |
1 |
25M |
Rad-TV, 1 mkt
|
0 |
0 |
$0
|
Radio, multimkt
|
2 |
13 |
16.35 |
TV, multimkt
|
0 |
0 |
$0
|
Rad-TV, multimkt
|
0 |
0 |
$0
|
Totals |
12 |
30 |
51.828M |
©2007 Radio Business Report, Inc. All rights reserved.
TV Deal of the Week
Nacogdoches, Longview and Tyler too
London Broadcasting Company is grabbing KYTX-TV Nacogdoches TX, the CBS affiliate for the Tyler-Longview DMA. Seller Max Media will get 25M for the station. It was filed in November, meaning that television trading was completely shut-out in October.
Radio Deal of the Week
Indiana group fetches 11.1M
Bruce Danziger's Vox Communications Group picked up a seven station group in small-market Indiana, including Muncie-Marion and Kokomo, from David Keister's Mid-America Radio Group. At 11.1M, it more than doubled a six-station agreement in upstate New York between Martz Communications and the Stephens Family.
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©2007 Radio Business Report, Inc. All rights reserved.
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