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Transactions: 11/21/05-11/25/05
All it takes is one biggie to reverse a slump. TV was no help during Thanksgiving week, but the Susquehanna to Cumulus stock transaction was, pushing a month which barely made it over 40M all the way into over the billion dollar threshold.
|
Total |
Mkts 1-50 |
Mkts 51-100 |
Mkts >100 |
Unrated
|
| AMs |
15
|
8 |
2 |
2 |
3 |
| FMs |
27
|
19 |
2 |
2 |
4 |
| TVs |
0
|
0 |
0 |
0 |
0 |
| Total |
42 |
27 |
4 |
4 |
7 |
|
Type of deal
|
Deals |
Stns |
Value
|
| Radio, 1 mkt |
4
|
8 |
3.4M |
|
TV, 1 mkt
|
0 |
0 |
$0
|
|
Rad-TV, 1 mkt
|
0 |
0 |
$0
|
|
Radio, multimkt
|
1 |
34 |
1.2B |
|
TV, multimkt
|
0 |
0 |
$0
|
|
Rad-TV, multimkt
|
0 |
0 |
$0
|
| Totals |
5 |
42 |
1.2034B |
TV Deal of the Week
Still no action.
Radio Deal of the Week
34 stations, 1.2B, need we say any more?
Susquehanna banged the gavel down and Cumulus was the big winner, getting a prized collection of beachfront property to add to its collection of mostly mid- to small-market stations. A huge deal for Cumulus as Susquehanna exits the business.
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