All rights reserved. youre interested in and well check If you don't have FCC counsel, I can suggest some to contact. Local managers are told what to do from corporate headquarters located thousands of miles away. The big banks are still there, I guess, because of personal interests and relationships (certainly not from true financial acumen). Strong cash flow dating back several years - including through the pandemic. Southwest AM-FM -PROFITABLE-REDUCED Some in the larger markets saved $1M on programming costs by parting with successful talentsonly to see their revenue reduced by twice the savings. I have some stations for sale now that fit for rehab porjects if you have the cash and the will to work hard. Call and we can discuss your situation. I read your blog since you are an insider (as are many of your commenters), and I enjoyed your comments on WLW on Saturdays (hasnt been the same since). ***. contact long time Reno expert: Pat Anderson. With 3,700 square feet on the first floor and a 2-bedroom, 2-bath loft on the second floor, the listing asks $799,000 for its bare brick walls, exposed wood beans, and even a rooftop deck. iHeart Media lists it debt at $20.588 billion and Cumulus Media has outstanding debt around $2.5 billion. Youre saying, Well theres the worth of these companies. Kind of, since the buyer of a company would normally assume its debt, but if you take debt out of this equation, in both cases, these companies have negative equity. Of course theyll go to Pandora, Spotify, etc. I was once one myself. EEO Public File Reports All licensed full-service radio and television broadcast stations, Class A television stations, cable television systems, direct broadcast satellite providers, and satellite radio employment units with five or more full-time employees that are licensed inArkansas, Kansas, Louisiana, Mississippi, Nebraska, New Jersey, New York, or Oklahomamust place EEO Public File Reports in their OPIFs. Jordan Liles / Flickr. President Clinton was right before Stevie Nicks. Amtrack by the way is re-equipping their entire passenger fleet to put a 110 outlet at each seat for passenger use. We give a general summary on this If you can't hae equity when you sign on, walk away. And, they cant get out. 698 ICC Filings. Buy too many stations, including a bunch of dogs, just because it looks good on a piece of stationery. Do either need to be painted (tower), repaired or even replaced? Poor signal? Updates . LOL I hope you are doing well. I know this point is covered in several places but it's worth repeating. Things you need to look at are: Is there a format hole to fill in the market? If not, its my belief that online streaming stations will have parity with those with a license within the next decade as they will be able to occupy a button on the dashboard. The near future as I see itthose of us still around will have devices in our car/pockets/home that will be a combination of cell phone/TV/IPod equivalent/computer/Internet radio receiver. Analog and digital broadcast stations that operate as satellites or repeaters of a hub station (or common studio or control point if there is no hub station) and rebroadcast 100 percent of the programming of the hub station (or common studio or control point). The main problem I have seen is a lack of effort in trying to monetize the HD signals that may be available to you if you have built out your HD facility. program to the community you serve, be known to your customers and get involved in the community. Using the new ATSC 3.0 technology that is currently being rolled out nationwide by such major TV groups as Sinclair and Nexstar. We struck a deal where my fee was not based on the price of a station. Another major factor to look at in evaluating a start-up property is the technical condition of the station. An unmitigated disaster all around. The lesson here is secure partners and financing before trying to buy. It is of the utmost importance Owner motivatedreduced to $675,000. "THEM THAT HAS WILL GETTHEM THAT DON'T, WON'T". Model Railroad. However, it is important to note that a formal consultation must be undertaken and buyers will need to cover all costs for . TThere are many owners who are reluctant to allow us to advertise their stations on the website, afraid that their employees or advertisers will find out that their station is for sale. web site, but to find out the specific call letters BROADCAST STATION "STICK" VALUATION OR THE CONUNDRUM OF HOW TO VALUE A STATION THAT HAS NEVER MADE ANY MONEYEVER. High Volume station on busy intersection. 8639 Sqft; Posted on 10/12/2022. A friend of mine recently told me his kids don't listen to over the air broadcast radiothey have IPods to use away from home and Internet radio at home off of their broadband attached computer where they also get music, etc. Orange County, CA. Abandoned Castles. Broadcast station valuation is usually done by using a multiple of the station's broadcase cash flow (BCF). The following on station financing has been prompted by conversations I had once with a 'backer" of a first time buyer. Back to how to evaluate a non-cash flowing station or a dark station ready to go back on the air. Buy a station for $50,000 and put $20,000 into it to get on the air. First time buyers are rarely going to get bank financing. I call BS on the corporate losers who claim that radio isnt doing well because of the Internet. Parties subject to the Emergency Alert System (EAS) rules (radio and television stations, wired and wireless cable television systems, digital broadcast systems, digital television broadcast stations, Satellite Digital Audio Radio Service, digital cable and digital audio broadcasting systems, and wireline video systems) must submit their annual Form One filings for calendar year 2022 in the online EAS Test Reporting System (ETRS) by no later than February 28, 2023. Of course, with my luck, I got mine about two months before the IPod Touch came out. They got their money. Thanks! Industry professionals, from CEOs down to the overnight weekend DJs in Kokomo, Indiana, could now dream and it would be reality. He wont say how much, but he made a fortune. & others --- call or email us to find out more Or. If the AM station is a directional system, is the pattern still in compliance? It has also been named by several online magazine sites as the #1 place to visit in Alabama. Price has been reduced to $790,000. Very much agree with that Scott. If you today, are putting together a business plan for a radio station broadcasst company, major market or notjust plug in the numbers for Internet streaming and programming and get with the program. There has been TOO MANY radio stations for a long time. You got that right, Darryl. In the 90s the radio station o worked for forced all of its own employees to write their congressman and senator urging support of the consolidation legislation. I rode in such a car last Spring. I am a talk show listener longer than Rush as been talking on the radio. I had to explain to him that the value of the permits being auctioned was and probably for some time would be highest at the auction price. Power of the station? What a weak excuse. Dream Remodel . Theyre bankrupt.. Each list only includes stations that have been silent for more than 2 months. How about offering something they cant get for themselves.like personality, information, introducing them to great new artists/music, all the stuff that makes radio fun and important to listen to. Had the dream and goal of serving the community through a small-market station just before that infamous piece of legislation went into effect. Below please find a partial list of available We help people to find radio stations for LMA (lease) or TV stations for LMA (lease). AM has 250w FM repeater, profitable, and well equipped, owned studio/offices and 7 acres transmitter site. Hey, if the monopolies ever break upand the FCC is willing to accept very minimal money and lots of heart and soul to make good radioIm ready! Gulf Shores has been named by Forbes as the third best town in the U.S. to retire. www.mchentinc.com/broadcast-stations-for-sale/, Mozilla/5.0 (iPhone; CPU iPhone OS 15_5 like Mac OS X) AppleWebKit/605.1.15 (KHTML, like Gecko) CriOS/103.0.5060.63 Mobile/15E148 Safari/604.1. I recently asked him why these companies havent been selling stations. It pumps 100,000 gallons a month; store does $70,000 in gross sale a month; lotto. I like your statement program to the community you serve, but I think Daryl misread your comment. Sellers want to talk to "qualified buyres" . The gist of this paragraph is if you want to do a 25 year terms deal, let me know up front so I don't have to waste my associated and client's time. Talk radio uses fake callers? Profitable "Mom & Pop" Station in Beautiful ARIZONA market, Phoenix - AM With FM ""Super Translator" $800k, Escape The SNOW - Buy This PROFITABLE Station, Owner Retiring, Six-Station Dominant Radio Cluster In Southwest Resort Market, Class A FM - Parkersburg/Marietta/Vienna WV-OH Metro, Profitable Group of Stations Are Available, Non Commercial FM, Amarillo, Price Reduced, NW Arkansas LDTV w/ Three County Cable Carry. Darryl, This problem all dates back to shortsighted, greedy owners who sold out for a quick buck in the 80s and 90s. There are many "deals" out in the market that are not advertised by the sellers. CALIFORNIA WINE COUNTRY AM WITH TRANSLATOR: Co-brokered with Kozacko Media Services. FM Super Translators do not count against the number of FM signals one owner in a market can control. Most bankers (99%) do not understand the broadcasting businessif it does not have a car or boat title attached they are without a clue. The potential "Buyer" was informed of the price and the terms (CASH) of the transaction. Cash deals are king. I have often asked, How do you screw up free? These companies did. Thanks for the opportunity to express a thought into the ether. You will want to see these. The Telecommunications Act of 1996 provided for the expiration of broadcast licenses as a matter of law upon a station's failure to operate for 12 consecutive months. I agree, when bankers took over radio, they didnt realize what it took to make a station a success. Clear Channel and Cumulus are not the bellwether of broadcasting. Off . Find a Radio or TV Station for Sale or LMA. PRICE $250,000 ~ have others in state @ prices arnging from $125K to $600K FOR INFORMATION: Harold Bausemer, Voice Mail: 617-306-7939 ~ Electronic Mail: radio.usa@outlook.com, Good downtown coverage, owned transmitter site with room for studio. Railroad Photos. Description: This branded gas station, with a spacious convenience store, is located on one of the major highways on Long Island. It certainly has hit a nerve. Good sales and profitability. Hey Burt: If you or someone you know wants to invest in a very experienced radio station manager, let me know I got a station I want to buy. When I was first contacted the buyer had dropped some names that I knewone of which was a clientbut did not want that client told of the "Buyer's" interest in this propertyno problem with that on my part. About old fire station for sale. Change), You are commenting using your Facebook account. Heritage radio cluster in year-round tourist and retirement market. Above: Dent Station in Cumbria, currently for sale with a guide price of 395,000. List users should be aware that silent stations may not be available for sale. Your payment is in process for your "%package_name%" membership. You can also get the podcast on your IPhone thru ITunessearch "Big Billy Kinder Outdoors". NORTH CAROLINA In the case of AM stations, the potential applicant must await the next application filing window period, and at that time file an application for a new AM station, including all technical showings to demonstrate the lack of interference to other AM stations. Jim, I was at the same convention. Now the N.A.B. You can only cut the pie so many ways. Group of stations for sale. And you have some good comments coming in from others in the industry! About our service. Online Public Inspection File Uploads The FCC issued apublic noticeextending the time for uploading all documents due to be uploaded on January 1, 2023 or after to the online public files to January 31st. Copyright 2012-2022 Dave Garland Media Brokerage, All rights reserved. If you are doing your first dealthe more the seller is going to want to know about your finances and your ability to raise money before information about a property is forthcoming. His response, They cant. We help people interested in buying radio stations or TV stations find the right station to purchase. Scatter Charcoal In Your Home & Watch What . Posted on 09/07/2022. Asking $250,000 - includes all real estate. A vintage RCA console left behind in the abandoned WFBR Radio Station in Baltimore. NO Hurricanes -NO Tornadoes-NO Snow-NO forest fires & NO local paper!This AM/FM is the ONLY game in town of over 50,000. ), the National Association of Broadcasters (N.A.B. There are probably now several hundred thousand if not more broadband card equiped laptops. For additional information related to silent AM and FM stations, please see Silent AM and FM Broadcast Stations. 6 Best Balance Transfer Credit Cards Of 2023. If the latest shiny bauble from The Big Boys doesnt work, then stockholders will take it in the shorts, banks will end up with radio stations via bankruptcy, and a Big Picture guy will tell them radio can be profitable if they just tighten, lighten, and brighten. Station layout. We have been doing basically the same thing for 33 years. You guys complaining about too many radio stations, have no idea what this FM translator boon, is going to do in the next 18 months. The buyer assured me that he had financial backing up to $20 Millionmore than ample funds to do this deal and have enough left over for working capital.probably for a couple of years. I feel the ultimate losers will be the initial sellersam I mistaken? Now, how many group owners are run by guys in their 70s? As a former owner, I will tell you it is a lot of work. In fact, the fewer people that know a station is for sale the better as far as many owners are concerned. You can reach us anytime at (800) 933-0673. I started in radio in 1966 and retired in 2010. Childrens Television Programming Reports Each commercial TV and Class A television station must electronically file its annual Childrens Television Programming Report, on FCC Form 2100 Schedule H, to report on programming aired by the station and other efforts in 2022 that were specifically designed to serve the educational and informational needs of children. for the IPod. Price: $330,000 + SAV. Catch the show website at. Hope you continue to do well. EXCUSE ME? Please call and let me know what you have available. The owner is motivated and has priced the stations together or individually. You Own The Market! Think about the interest youre getting from a CD at a bank. I also have advice on how a seller can protect their interest in doing a sale where they carry paper on the sale. What is the financial condition of the market? In the present business cimate, some experienced buyers are not going to get loans unless they have "outside" assets to pledge against a loan. Theyre backed into a corner.. All the best. The station also has a freight terminal for the Japan Freight Railway Company . I recently returned from vacation. 45 L Street NE. Or. 7) Elkmont. It will be 2 or 3 companies. Enter ZIP code or city, state as well. "We'll talk." They have not bought a CD in some time, by the way. Looking for something specific? Smart broadcasters today are already doing it. According to a terrific article by Brennen Jensen on Baltimore Heritage, it was . Questions that need to be answered: What is the condition of the AM ground system and tower? Broadcasting is not what it was even 10 years ago. Asking $1M for cluster, $400K for singleton. Stations that go silent should notify Ms. McCauley by letter or e-mail within 10 days of ceasing operation. business school educated son/daughter to their loser offspring. ft. of commercial real estate space . Kudos to your perseverance! Many assumed the President along with these groups would have the publics interest, convenience and necessity in mind when crafting these new rules. If not, then it wont be such a good deal. There are many "deals" out in the market that are not advertised by the sellers. All the best. If I am out and you leave a voice mailplease repeat your name and number at least twice. The FCC does not maintain any list of stations that may be available for purchase. If he wanted more money for the CP, he was going to have to do something to increase it's valuemove it, upgrade itor even build it and prove it's viability as a broadcast business. Im going to make this overly simplistic. Ive worked nearly every job in the radio business. For all stations with websites, the report must be posted there as well. You said business is good if youre a small operator, he took/stated as business is good only in small market. Today we have the Internet and all the media innovations it is spawningand we are not finished yetso dive in. Share. but 98% is all LOCAL programing live 2% syndicated (late night). iHeart Media alone is in hock by almost $20.6 billion. Abandoned Places. RENO, Nevada Using a Broker like myselfsome buyers and sellers are of the view that they don't need the services of a broker. Because this in an FM Metro Signal, the STICK VALUE is $1.2 million. Find properties for sale listings at the best price. Co-brokered with Kozacko Media Services. 2. Forget 8 hour work daysthey will turn into 12 or 18 hour days very quick. Questions that need to be answered: What is the condition of the AM ground system and tower? The station has been consistently profitable. This is where the question is asked"Is the Internet going to be a foe of the station or a tool to be used by it? Emergency Antennas, Silent Stations, Special Temporary Authority (STA) for Broadcast Services. We make sure our buyers understand the process involved in converting a former gas station into a usable commercial property. Synergies will save the day, more jobs will evaporate into the morass of syndication, voice-tracking, and hubbing. Enter a location to find a nearby old fire station for sale. This is a fact of life for the age we are in. The auction for spectrum bandwidth for this starts next monthy. Only FM Group in Resort Area of 40K Pop. FM Metro in Top 25 Market Those companies do not reflect the condition of real radio. WCSN-FM (Sunny 105.7) is a unique station that serves Gulf Shores and Orange Beach Alabama. The former Chapeltown central station near Sheffield in south Yorkshire, which closed in 1954, has been listed for auction with a guide price of 250,000. submit it via email to me. When he came to the microphone everyone of these broadcasters stood up and cheered. It is imperative that every licensee of a silent station notify the Commission in writing when broadcast operations resume. SelectHEREto complete the payout process for this membership. Then rich people, with no radio experience on the air, became station owners. It is a broker's stock and trade to know what stations are for sale and what owners can be talked into selling if they are not actively marketing their properties. Melbourne market TV, TV translator stations are both in Key West. We have hundreds of potential buyers we can contact & present your RADIO or TV station to. When the meeting took place, the first thing the "buyer" wanted was to structure a terms deal for 25 years. This includes pending, off market and sold listings. Small unrated market with lots of sunshine and a great lifestyle. Three of the most creative people in radio were Dick Purtin, Gary Burbank and the late Larry Lujack. Of course, if you have the cash and want to loan it to a bank so they can loan it back to you that will probably work.the bank might appreciate having the deposit on the books. to see what else is available. *Construction Permit. 1903 Firehouse in Galveston, TX. How can they be losers? Sadly, that horse is out of the barn. Ten years from now will radio as we have known it for 80+ years still exist? Kozacko Media Services- Dick Kozacko, George Kimble, Pat Anderson JP Morgan Chase purchased the abandoned estate, which was raided by the FBI in 2016, for $2.65 million in October 2022, and the sale went through in December. Abandoned Train Station. Land was the only equity some radio stations had, especially many AM stations. To get the answers, hire a competent broadcst engineering firm to do an evaluation. When an FM station is deleted or cancelled, the allotment (or placeholder) remains, but no application can be filed until the next auction/application filing window. The building that formerly housed WFBR Radio in Baltimore has had many lives and uses, and pulling apart the history of when one ended and another began can be a bit of a challenge. Contact MCH Enterprises for details. FST27204. You need to go on the air with a station rehab or a new-build CP with equity built into the deal from Day Number One. Is it an unfortunate combination of circumstances that has led to a succession of owners who had no clue as to what to do with the station? There are lots of projects out there just waiting for you. There is also a list available for silent AM broadcast radio stations. The corporate reality and daily insecurity tells us to shut up, lay low and stay under the radar. Trucks. (LogOut/ Market #77- new FM- El Paso TX is BIA Market #77, and that is NOT counting any of the Mexican side of the border. Change). Too big to fail. Today talented people are told not to be funny or creative. Brian J., Ill fly coach! Tatsuno Station is a railway station in the town of Tatsuno, Kamiina District, Nagano Prefecture, Japan jointly operated by JR Central and JR East. Amtrack by the way is re-equipping their entire passenger fleet to put a 110 outlet at each seat for passenger use. All of the above boils down to this. (I have one) that I can listen to any Internet streamed radio station while I use my laptop while traveling. It is managed by JR East. Deleted or Cancelled Stations. Do these personal interests and relationships exist in the radio business? One of our former competitors was the full time engineer. When the levee breaks Ill have no place to stay. Now what? What is the age of the transmittor? We have 125 properties for sale for old service station, priced from $203,315 We are also members of a Media Brokers Organization This is why I first started listening to Rush. Home loan sharks in some cases have constructed loan vehicles where the monthly payment on a house was not enough to cover both principal and interestthe deficit each month is tacked on the back end of the loan principal to generate even more interestHow stupid is this? Notifications and Requests for Special Temporary Authority (STA). First, the first problem is the N.A.B which lobbies for the big consolidators. SelectHEREcontinue as a FREE MEMBER on the RadioTVDeals site. Western New York- 2 separate AM w/ FM Super Translators (Metro Signals) We just need order-takers. On-line order takers, apparently. BROADCAST STATION ACQUISITION ADVICE AND IDEAS FOR BUYERS AND SELLERS. And if stock was transferred they long sold their stock in the existing companies. I find alot of TRUTH in your statement Here in Akron Ohio, we have all the big guys but we have one talk radio station on FM that has been there since forever, An that is what they do, cater to the town even tho they really are in a small town (kent ohio) which is in another county lol but they claim to be the Talk of Akron an for years they are a success you go to get your haircut an the barber has them on you go shopping an the store has them on you stop in a office an they are on owned by one guy who died an left the station to his sons so now owned by 2 guys. 1,458 Railroads. *** This is the last update using CDBS data. This is the perfect radio station investment for someone who wants to be an IMPORTANT part of the local community, in one of the most desirable areas of the California coast. How are other stations in town doing and why? I may be able to help if Publishers Clearing House isnt happening. If you are not putting out a digital signal (and I am not talking about HD Radiothat is another story) parallel with your analog you are rapidly falling behind the times. Gulf Shores has been named by Forbes as the third best town in the U.S. to retire. UPSTATE NY STATE If the AM station is a directional system, is the pattern still in compliance? which is what we do. This site is different from most broadcast broker web sites because I want my clients to understand today's new broadcast business. Bill and I worked together 40 years ago at his hometown station in Mineral Wells, Texas. Those of us who watched radio stations being bought like trading cards over the past five years have repeatedly asked How are they going to pay for this? Ken Dardis: June 24, 2002. FULL market coverage. opportunities. The first three managed properly would be a better situation I believe than owning multiple stations in Memphis competing for the same slice of the advertising pie. Fake callers? I asked Clinton once why he thought the Telecommunications Act of 1996 was a good idea. NEW! Members occasionally bring a prospective buyer to the member with the listing, and share commissions when a sale closes. If you email me and your email is "bounced", please call and let me know. Sounded horrible with the doc and callers all on the phone, but it grew to national satellite distribution. Such a station might have a format that appeals to a significant audience but the station is unable to sell enough advertising to capitalize on the station's own success. RadioTVDeals helps radio and television station brokers (otherwise known as media brokers) and radio and TV station owners sell their station (s). The experience resulted in the short film, 'Tennessee Wonderland' that you can watch online. We all know what is wrongthe question ishow do you fix it and give radio back to the people and get it out of the board room? My company didnt do that? A renowned vacation spot for those looking to escape the cold, Jacksonville saw an average of 50,000 to 73,000 visitors on a yearly basis at the time. If you don't have an FCC attorney (and you should have one) call me and I can recommend an excellent one with many years in the business. But I digress. All of the little guys (an FM and/or a small AM with a two-holer studio) needed and an engineer once in a while, to fix whatever. High Volume station at a very busy intersection is up for sale. Lists are generally updated monthly. It was obvious from the start that the buyer was a rookie. SO, contact us directly to discuss the radio market that YOU are interested in. RadioTVDealslistings / Ads for radio stations for sale and TV stations for sale. The station owners deal was his commission on /all/ business generated from his and the satellite-delivered stations. On Star Trek, the Ferengi have their "Rules of Acquisition". Gee, maybe somebody will pick up some stations for next to nothing and start doing something crazy like, I dont know, Broadcasting programming worth listening to more than once? I think business could be good for a small operator in all markets. On November 10, 2015,Cumulus Media had an enterprise value of $2.468 billion, while iHeart Media had an enterprise value of $20.54 billion. Tower obstruction lighting must be maintained without interruption during all periods of silence to protect general aviation. MCH Enterprises Brett Miller, California Wine Country- Consistently PROFITABLE, FM in the Perfect New England College Town. I may have some joint venture money available to build the station and get it licensed before the CP dies. Big Car Wash and Branded Gas Station with C-Store and Deli on 1.2 Acre Lot in upscale. This is frequently becaused the station has not developed a proper sales force. How much up side is there in the market for a new radio station? either one can be purchased for under $200k with attractive Seller Financing. Today's abandonment: The Eagle Mountain Railroad. Just think, no monthly payment to that nasty, ill-tempered banker who really does not understand your business anyway. ), Congress and then President Bill Clinton all teamed up to reinvent broadcasting with the historic Telecommunications Act of 1996, the first major rewrite of regulations since the 1930s. To paraphrase that old New York City TV pitchman Crazy Eddie, The prices areINSANE!, Get more insight and thoughts in 140 characters on Twitter by following me@darryl_parks, Tags: Bill Clinton Congress Cumulus Cumulus Media Enterprise Value FCC Federal Communications Commission iHeart Media Market Capitalization NAB National Association of Broadcasters President Clinton Telecommunications Act of 1996. Financing IS available. A rare, vacant 1215m2 vacant parcel of commercial land is now available on bundabergs. Skiing in the winter, hiking and mountain biking in the summer. FM covers over 1 million for in-car listening. If you run your radio station (or stations) like a glorified jukebox you will be in trouble because there are lots of other places to get music. local TV stations will be able to broadcast direct to Smart Phones & TabletsBYPASSING the CELLULAR & INTERNET providers. Gammon Miller, LLC - Christopher Miller Toni Bradford. 216 Texas state interlocker towers. A meeting was set up with the seller, his banker and a partner in the deal and another broker with who I have had many year (30+) association. 2828 Market St, Galveston, TX 77550. to complete the payout process for this membership. As we all know habits learned as childrento me (at 62) radio has always been a habitbut I also now own a 120G IPod.