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Transactions: 5/8/06-5/12/06
It wasn't a huge week, but it was active with a variety of trades. The biggest was a seven station sale for 10.5M involving two small Midwest markets. Seven more hit seven-digits, and there was even a rare in-market radio/TV combo sold (on the noncom side). It didn't set any records, but it was an indication of a healthy station trading market.
|
Total |
Mkts 1-50 |
Mkts 51-100 |
Mkts >100 |
Unrated
|
| AMs |
11
|
2 |
3 |
2 |
4 |
| FMs |
9
|
2 |
1 |
2 |
4 |
| TVs |
3
|
1 |
0 |
2 |
0 |
| Total |
23 |
5 |
4 |
6 |
8 |
|
Type of deal
|
Deals |
Stns |
Value
|
| Radio, 1 mkt |
11
|
12 |
11.934M |
|
TV, 1 mkt
|
1 |
2 |
7.25M |
|
Rad-TV, 1 mkt
|
1 |
2 |
5M |
|
Radio, multimkt
|
1 |
7 |
10.5M |
|
TV, multimkt
|
0 |
0 |
$0
|
|
Rad-TV, multimkt
|
0 |
0 |
$0
|
| Totals |
14 |
23 |
34.684M |
©2006 Radio Business Report, Inc. All rights reserved.
TV Deal of the Week
GOCOM gets a pair in Illinois market
WRSP-TV Springfield IL & WCCU-TV Urbana IL serves different portions of Champaign-Springfield-Decatur IL in a flagship/satellite relationship. Now they'll be doing it under the GOCOM banner rather than Bahakel Broadcasting, which will get 7.5M from buyer Richard L. Gorman's company.
Radio Deal of the Week
Double O flicks its Bic for Bick
Terry Bond and his Double O Corporation is getting seven Midwest stations from Bick Broadcasting. Two clusters, a double AM-double FM group in Quincy IL-Hannibal MO (measured by Eastlan) and an AM-double FM combination in and around Sedalia MO (measured by nobody) are coming for 10.5M.
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©2006 Radio Business Report, Inc. All rights reserved.
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