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Monday Morning Shakers & Makers

Deals: 6/7/04-6/11/04

It was a reasonably good week, all told. Although there were no true blockbuster deals, neither were there any true dawgs - - the smallest deal was $325K for a small-town New Mexico FM. TV was back, with three relatively small deals in the $4-$12M range. The action was mostly in small rated markets.

Note: For those keeping track, we inadvertently left out a TV deal, markets >100, worth $37.5M for the week of 5/10/04-5/14/04. It's inclusion takes that week's TV total to $140,461,972 and the overall total to $146,602,242.

	Total	Mkts 1-50	Mkts 51-100	Mkts >100	Unrated
AMs	8	1	1	4	2
FMs	9	1	0	5	3
TVs	3	1	0	2	0
Total	20	3	1	11	5

Type of deal	Deals	Stns	Value
Radio, 1 mkt	9	17	$41,935,000
TV, 1 mkt	3	3	$18,050,000
Rad-TV, 1 mkt	0	0	$0
Radio, multimkt	0	0	$0
TV, multimkt	0	0	$0
Rad-TV, multimkt	0	0	$0
Totals	12	20	$59,985,000

TV Deal of the Week
NexStar doubles by buying
Usually a TV operator LMAs a station at augment one already owned. This time in San Angelo, NexStar is buying a station to complement an existing LMA. It's deal, the $12M acquisition of Jewell's KLST-TV, is the Television Deal of the Week.

Radio Deal of the Week
Citadel says pass the Salt
Bruce Buzil spinned one of his many Utah investments to Citadel, which will add it to a busy superduopoly cluster in the Beehive hub. For $16M, KKAT-FM becomes its 5th FM and 8th station, earning the title of Radio Deal of the Week.

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