Transactions: 11/5/07-11/9/07
It's hard to believe, but trading value during the last week of April was even lower than the total posted this week. You'll see why it's hard to believe when you take a gander at the sub-3M number on this week's bottom line. That's even though a television transaction was filed. But this week's television agreement was a small one in a small market.
|
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
Pappas grows tired of the Waitt
Pappas Telecasting is backing out of a deal to acquire KMEG-TV CBS, Ch. 14/DT 39 in Sioux City IA from Waitt Broadcasting. It'll continue to provide SSA/JSA services to the station from its own KPTH-TV Fox/44, but the new buyer will be Siouxland Television LLC, headed by Alex J. Aretakis. The price is 500K plus 1K for the purchase option.
Radio Deal of the Week
Second station for Buffalo broadcaster
Regent Broadcasting is spinning its WECK-AM in Buffalo. The buyer, for 1.3M, is Culver Communications, which will double it up with WLVL-AM Lockport. WECK is licensed to Cheektowaga.
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©2007 Radio Business Report, Inc. All rights reserved.
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