By Adam R Jacobson
RBR + TVBR
Radio and television stations are for sale. Media brokers across the U.S. are ready to negotiate with interested buyers.
There’s just one key problem, says Dick Kozacko, the Elmira, N.Y.-based broker who oversees Kozacko Media Services’ East Coast dealings.
It comes down to financing, and banks simply aren’t willing to open up a line of credit to a prospective buyer of an AM or FM radio property.