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Transactions: 10/11/04-10/15/04
Trading came back, and almost 100M was earmarked to change hands in radio alone. However, the great bulk of that was basically a paper transaction as Viacom's Infinity signed a San Francisco FM over to SBS in exchange for a piece of the action with the Hispanic specialist. The lone TV deal pulled in another 20M and change.
|
Total |
Mkts 1-50 |
Mkts 51-100 |
Mkts >100 |
Unrated
|
| AMs |
7
|
3 |
1 |
2 |
1 |
| FMs |
4
|
2 |
0 |
2 |
0 |
| TVs |
1
|
0 |
0 |
1 |
0 |
| Total |
12 |
5 |
1 |
5 |
1 |
|
Type of deal
|
Deals |
Stns |
Value
|
| Radio, 1 mkt |
9
|
9 |
$95,491,001 |
|
TV, 1 mkt
|
1 |
1 |
$20,750,000 |
|
Rad-TV, 1 mkt
|
0 |
0 |
$0
|
|
Radio, multimkt
|
1 |
2 |
$3,900,000 |
|
TV, multimkt
|
0 |
0 |
$0 |
|
Rad-TV, multimkt
|
0 |
0 |
$0
|
| Totals |
11 |
12 |
$120,141,001 |
TV Deal of the Week
Nexstar sidles into Rockford
Nexstar is not buying WTVO-TV from Young Broadcasting, but it will have a shared services agreement with the company that is buying the ABC affiliate, Mission Broadcasting. The 20.75M acquisition and agreement will effectively pair the station with Nexstar's Fox WQRF-TV.
Radio Deal of the Week
Infinity puts a stick into SBS
Raul Alarcon got a big ally for his Spanish Broadcasting System, as well as KBAA-FM in the San Francisco market. Infinity sent the station his way in exchange for stock, which we valued at over 75M based on the SBS closing price on 10/4/04.
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