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Monday Morning Shakers & Makers

Deals: 5/24/04-5/28/04

Dealing was still slow as we approached the end of May, but the value of the deals was back into robust territory. This was due in large part due to a healthy emphasis on top 50 markets - - six of 11 stations traded were in that heady zone. There were three TV deals, but the biggest of them came in third behind Radio One buys in Houston and Atlanta.

	Total	Mkts 1-50	Mkts 51-100	Mkts >100	Unrated
AMs	3	2	0	0	1
FMs	5	3	1	0	1
TVs	3	1	1	1	0
Total	11	6	2	1	2

Type of deal	Deals	Stns	Value
Radio, 1 mkt	5	8	$123,290,000
TV, 1 mkt	3	3	$41,200,000
Rad-TV, 1 mkt	0	0	$0
Radio, multimkt	0	0	$0
TV, multimkt	0	0	$0
Rad-TV, multimkt	0	0	$0
Totals	8	11	$164,490,000

TV Deal of the Week
Group gets some Derry air
Shootingstar Broadcasting is getting entre into the lucrative Boston market from the somewhat distant outpost of Derry NH. Still, the Channel 50 Independent commanded a $28M pricetag, making it the TV Deal of the Week.

Radio Deal of the Week
Two for Radio One
Urban specialist Radio One beat itself out for Radio Deal of the Week honors. It picked up KRTS-FM in Houston for $78.45M, forming a new superduopoly there, and turned a partially owned LMA partner in Atlanta into an O&O for $31.5M, adding up to a one-week spending spree easily topping $100M.

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