Transactions: 7/30/07-8/3/07
Since May, when trading value was fueled by big TV transactions involving Tribune and Ion, the pace of station trading has been very slow. Only one week made it over the 100M mark, while a couple didn't even get into two digit millions. This week was closer to that side, with a modest 23.444M changing hands. And part of that was somewhat duplicative, as a nine-station Clear Channel sale in Utica-Rome set off a chain-reaction involving three more contracts on six stations.
|
Total |
Mkts 1-50 |
Mkts 51-100 |
Mkts >100 |
Unrated
|
| AMs |
8
|
0 |
0 |
7 |
1 |
| FMs |
19
|
0 |
0 |
11 |
8 |
| TVs |
1
|
1 |
0 |
0 |
0 |
| Total |
28 |
1 |
0 |
18 |
9 |
|
Type of deal
|
Deals |
Stns |
Value
|
| Radio, 1 mkt |
11
|
27 |
16.444M |
|
TV, 1 mkt
|
1 |
1 |
7M |
|
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 |
28 |
23.444M |
©2007 Radio Business Report, Inc. All rights reserved.
TV Deal of the Week
Milwaukee CBS gets a little sister
Weigel Broadcasting Company already owns CBS 48 WDJT-TV in the Milwaukee market. It came to an agreement for an independent addition to its in-market holdings, paying 7M for 49 WJJA-TV, licensed to nearby Racine WI. The seller is Joel J. Kinlow
Radio Deal of the Week
Wheels spinning on IN-KY border
Or rather, stations are spinning to Wagon Wheel Broadcasting, headed by Kenneth S. Johnson. He's spending 3.625M for WSCH-FM Aurora IN, WXCH-FM Versailles IN & WIKI-FM Carrollton KY, coming from seller Marty Pieratt.
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©2007 Radio Business Report, Inc. All rights reserved.
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