Transactions: 11/26/07-11/30/07
November trading ended on a slow note, with only six transactions involving just seven stations and absolutely no action on the television side. However, a SoCal relocation project being undertaken by Liberman provided the top price tag, and Salem bought another project, a Baltimore AM station which it will modify in order to upgrade one of its other properties up I-95 in the New York market, combining for over 85% of total week trading value.
|
Total |
Mkts 1-50 |
Mkts 51-100 |
Mkts >100 |
Unrated
|
| AMs |
2
|
1 |
0 |
0 |
1 |
| FMs |
5
|
1 |
0 |
3 |
1 |
| TVs |
0
|
0 |
0 |
0 |
0 |
| Total |
7 |
2 |
0 |
3 |
2 |
|
Type of deal
|
Deals |
Stns |
Value
|
| Radio, 1 mkt |
5
|
5 |
14.67M |
|
TV, 1 mkt
|
0 |
0 |
$0
|
|
Rad-TV, 1 mkt
|
0 |
0 |
$0
|
|
Radio, multimkt
|
1 |
2 |
900K |
|
TV, multimkt
|
0 |
0 |
$0
|
|
Rad-TV, multimkt
|
0 |
0 |
$0
|
| Totals |
6 |
7 |
15.57M |
©2008 Radio Business Report, Inc. All rights reserved.
TV Deal of the Week
Settling in for a pre-winter nap
Radio Deal of the Week
Liberman buys FM, hires moving van
KDES-FM is known as a Palm Springs CA radio station, but Hispanic specialist Liberman Broadcasting will be moving it to Riverside-San Bernardino via a city of license change to Redlands CA. It's getting the station from R&R Radio Corporation for 10.5M. It'll join numerous LBI properties in the LA/Riverside area; R&R will remain active in Palm Springs and even has a separate deal for a replacement FM in the works.
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©2008 Radio Business Report, Inc. All rights reserved.
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