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Transactions: 11/22/04-11/26/04
The number of stations picked up this week over last, but when you're dealing mostly in AM stations and smaller markets, and when the only TV deal is for a CP which hasn't even gotten around to getting call letters, you can expect a smaller bottom line. No single deal even made it to the 9M level. Still, not bad considering almost everyone took time off for Thanksgiving.
|
Total |
Mkts 1-50 |
Mkts 51-100 |
Mkts >100 |
Unrated
|
| AMs |
13
|
1 |
5 |
4 |
3 |
| FMs |
8
|
1 |
1 |
3 |
3 |
| TVs |
1
|
0 |
0 |
1 |
0 |
| Total |
22 |
2 |
6 |
8 |
6 |
|
Type of deal
|
Deals |
Stns |
Value
|
| Radio, 1 mkt |
13
|
21 |
19.828M |
|
TV, 1 mkt
|
1 |
1 |
3M |
|
Rad-TV, 1 mkt
|
0 |
0 |
$0
|
|
Radio, multimkt
|
0 |
0 |
$0
|
|
TV, multimkt
|
0 |
0 |
$0 |
|
Rad-TV, multimkt
|
0 |
0 |
$0
|
| Totals |
14 |
22 |
22.828M |
TV Deal of the Week
Competitors split a payday
A TV CP Flint-Saginaw-Bay City is going to be sold by a pair of competing applicants to ACME Television - - one will get out of the way, allowing the other to get FCC blessings, then each will get a check from ACME for $1.5M, for a $3M total.
Radio Deal of the Week
New rules force AM resale
Curtis Media was going to buy WRBZ-AM in the Raleigh-Durham market, but the new Arbitron-based market definitions scotched the deal. NC Sportsnet is getting it now for the same $8.7M, the biggest filing of the week.
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