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Transactions: 4/9/07-4/13/07
Was this an unlucky week? There were 13 transactions, for 13 stations. Five of them are DIY CPs, none were on the television side. One of them, however, by itself was worth more than all 13 of the transactions filed during the first week of April, making the second week of April the fifth consecutive week in which the amount of total trading value increased over the week preceding it. The fact that the total wasn't too far beyond 37M tells just how slow it's been.
|
Total |
Mkts 1-50 |
Mkts 51-100 |
Mkts >100 |
Unrated
|
AMs |
3
|
1 |
0 |
1 |
1 |
FMs |
10
|
0 |
1 |
2 |
7 |
TVs |
0
|
0 |
0 |
0 |
0 |
Total |
13 |
1 |
1 |
3 |
8 |
Type of deal
|
Deals |
Stns |
Value
|
Radio, 1 mkt |
13
|
13 |
37.36M |
TV, 1 mkt
|
0 |
0 |
$0
|
Rad-TV, 1 mkt
|
0 |
0 |
$0
|
Radio, multimkt
|
0 |
0 |
$0
|
TV, multimkt
|
0 |
0 |
$0
|
Rad-TV, multimkt
|
0 |
0 |
$0
|
Totals |
13 |
13 |
37.36M |
©2007 Radio Business Report, Inc. All rights reserved.
TV Deal of the Week
TV takes another week off
Radio Deal of the Week
Niche AM leads the pack
33M is a lot of cash to drop on an AM station occupying a specialty niche in the market. That is unless the market is Los Angeles. That's what P&Y Broadcasting Corporation, headed by Phill Sohn and Youngok S. Kim, will pay Rose City Radio Corporation for the station. The buyers will actually get out of an LMA with another station to concentrate on this one.
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©2007 Radio Business Report, Inc. All rights reserved.
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