I think business could be good for a small operator in all markets. Clear Channel and Cumulus are not the bellwether of broadcasting. has lobbied to allow foreign ownership of broadcast stations. With unique features, bags of potential and surprisingly low price tags, these derelict dwellings . 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. They have not bought a CD in some time, by the way. However, it is important to note that a formal consultation must be undertaken and buyers will need to cover all costs for . that the identity of the stations for sale remain 698 ICC Filings. Produced by Bill Kinder and his wife, Robin. web site, but to find out the specific call letters Copyright 2012-2022 Dave Garland Media Brokerage, All rights reserved. Find a Radio or TV Station for Sale or LMA. In 2014, the radio industrys total spot revenues declined to under $14 billion, with total revenues just over $17 billion. I did my best to explain that a seller did not want to go through the drill of releasing proprietary materials before ascertaining if the buyer was qualified. Today if you buy a construction permit (CP) and build out the stationit may still be worth less than the money you put into it. Western NY Rated Market combo: Classic Hits/Oldies FM ranked #2, Country AM ranked # 6 in 21 station market. How can they be losers? "We'll talk." Call us for a private discussion on how we can HELP YOU!! For a more comprehensive search, use the search . Three of the most creative people in radio were Dick Purtin, Gary Burbank and the late Larry Lujack. The initial sellers? Theyre backed into a corner.. Your payment is in process for your "%package_name%" membership. If you will, send me information about yourself and your company. When a station loses its license, that license is not immediately available to other interested parties. It is the only station that caters and localizes its programming to these popular beach towns. 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. UPSTATE NY STATE Darryl. Updates . Maybe even podcasts? NO Hurricanes -NO Tornadoes-NO Snow-NO forest fires & NO local paper! And I would run it properly and most importantly have fun with it. If you are looking for a radio station purchase and want a different set of eyes to help with due diligence we can help with thisand for sellers needing to make a property have more 'curb appeal'this is a service offered also. Attractive HD lease adds an additional 1 million potential pop count. 1903 Firehouse in Galveston, TX. & others --- call or email us to find out more Is it AM or FM? 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? 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. Fake callers? Counties, FCC Broadcast Filing Deadlines for January and February, https://www.fcc.gov/general/eas-test-reporting-system. 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. But you are going to have to tell me where you expect to get the money to buy the station you wantand in many cases, you are going to have to have the money before you start looking for your station. This case deals with the rule against reversionary interests in the sale of a sttionor in more plain English, the rule (FCC Section 73.1150) against using the license of a station as collateral. You cant do that with 1,000 stations. Fill in your details below or click an icon to log in: You are commenting using your WordPress.com account. Asking: $2,500,000, INFO Harold Bausemer VM/phone: 617-306-7939 or EM: radio.usa@outlook.com, FM cluster in top 150 market, 3 very competitive signals in Music Format, available as single station as a combo or cluster, incentive pricing to buy all three. iHeart Media lists it debt at $20.588 billion and Cumulus Media has outstanding debt around $2.5 billion. Have a wonderful week. We help people interested in buying radio stations or TV stations find the right station to purchase. The F.C.C. The price was going to be in the $10MM range. This filing for silent station authority is exempt from application filing fees. This leaves you with a margin of about $30,000 to have a station valued at $100,000 when you sign on. But that is just me. You can also get the podcast on your IPhone thru ITunessearch "Big Billy Kinder Outdoors". Had the dream and goal of serving the community through a small-market station just before that infamous piece of legislation went into effect. 334 followers. Alaska, Fairbanks, CP LPDTV Tourist Town! I know. You will gain credibility with sellers and brokers. Do these personal interests and relationships exist in the radio business? The following are the 'facts of life' in the radio station trading business. (LogOut/ and Congress could care less about the people and their needs. Frankly, some stations, in some locations, will never make any money EVER. I explained I had a station that might fit his criteriabut I would have to have some evidence of financial ability to close a $2.5 Million transaction before releasing any information about the station in question. Another major factor to look at in evaluating a start-up property is the technical condition of the station. I feel that radio was more fun in the 60s and 70s than today. This appears to be the real story and probably portends the real future of radio, not just a change in programming content. iHeart Media with a stock price of $1.50 a share had a market cap of $134,210,000, meaning each of its approximately 850 radio stations are worth approximately $157,894 a piece. Asking $250,000 - includes all real estate. I think I will start "Garland's Broadcast Rules of Acquisition". Can you compete with them if you go on the air? Only local station in beautiful community of 60k population. I agree, when bankers took over radio, they didnt realize what it took to make a station a success. BTW, there also is/was a big (daytime) signal AM in the market which worked like hell to do everything right: local owner, all local programming, local sports, local talk they are surviving on the owner getting in once removed from the top of an MLM scheme by trading trading weekend morning time for a talk show called Dead Doctors Dont Lie. Abandoned radio station Built 1947 - 1950First I want to mention, that video isn't filmed by me, but person who filmed it wanted me to upload this video to t. Gulf Shores has been named by Forbes as the third best town in the U.S. to retire. | dxradio.de, Weekend Reading: Average Cumulus Radio Station is Worth $125k. Those who know what radio should be and can be will be fine. If you can't make it out to this abandoned storybook town, then at least Liles . What is a station like this worth? Many assumed the President along with these groups would have the publics interest, convenience and necessity in mind when crafting these new rules. What is the age of the transmittor? Clinton was the keynote speaker. 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? It has also been named by several online magazine sites as the #1 place to . What looks like a cheap price for an AM property could be a pig in a poke with some nasty surprises. Program to the community you serve. But, you dont have to be just in a small town. Jim, I was at the same convention. *** This is the last update using CDBS data. Well thats going to take a few things. Circuit (Kidd Communications v. FCC 2005 U.S. Appeals) financing may even be harder to get than before. 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. Second, it will take the people to demand Congress and the F.C.C. An unmitigated disaster all around. 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. $150K : The Top 22 , Andys Fiver Friday Episode 16 Benztown Branding Radio Imaging, Wanna Buy a Radio Station??? Price reduced to $790,000 - or 5 times Broadcast Cash Flow (National average is 7X BCF), TUCSON, AZ Too big to fail. I can stick a middle finger to the banker, if I wanted to. As we all know habits learned as childrento me (at 62) radio has always been a habitbut I also now own a 120G IPod. 7 Comments. (202) 418-2136 victoria.mccauley@fcc.gov. A rare, vacant 1215m2 vacant parcel of commercial land is now available on bundabergs. I recently returned from vacation. Steve, If it keeps on rainin, levees goin to break Old fire stations for sale. The FCC does not maintain any list of stations that may be available for purchase. It had about $25MM in it. Power of the station? Cash deals are king. Am I a traitor to my industry or is my industry changing? Then after four or five years of putting money in the bank, yhou call your favorite station broker (ME) to find a new buyer who wants a solid CASH FLOW MACHINE in place to buy. Amtrack is also adding WiFi to many stations and much of the train system. This is a fact of life for the age we are in. Once complete, full power and Class A TV stations must post a certification of broadcast, with a copy of the announcements text, to the OPIF within seven days, and included LPTV stations should keep their certifications with station records. I need to know something about you." RENO, Nevada The following Silent Stations lists are generally updated twice each month. It is so worn down that you can barely tell it was once a complete structure. It is imperative that every licensee of a silent station notify the Commission in writing when broadcast operations resume. Price in US dollars.$1,150,000. Model Railroad. Short periods of discontinued operation (less than 10 days) need not be reported. AM has 250w FM repeater, profitable, and well equipped, owned studio/offices and 7 acres transmitter site. Deregulation destroyed radio broadcasting, generally speaking. When the levee breaks Ill have no place to stay. No problem. step in and limit ownership. Peoria Illinois. Excellent Midwest market- Priced at just $695k. Back to how to evaluate a non-cash flowing station or a dark station ready to go back on the air. Struggling broadcasters could now survive because of clustered ownership, allowing multiple stations in each market, and benefiting from economies of scale. 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. I have some stations for sale now that fit for rehab porjects if you have the cash and the will to work hard. contact: George Kimble. Turn-of-the-century Bramwell, West Virginia, was a rich little town with more millionaires than any place of its size in America. Of course, this assumes the station is producing a cash flow. Or. Ira, to your point, with the tower sites. The members participate in frequent conference calls to discuss active listings and share information on prospects. He and a seller had already struck a deal but he did not have a clue how to go through the "buying" process. Kozacko Media Services- Dick Kozacko, George Kimble, Pat Anderson [1] To get the answers, hire a competent broadcst engineering firm to do an evaluation. $4,500,000. I get email on my cell. Schedule 396 must accompany these applications, the Broadcast EEO Program Report, also filed in LMS, regardless of the number of full-time employees. He immediately wanted to know the call sign of the station and all the particulars. We have been doing basically the same thing for 33 years. We agreed to a set fee and he paid me a large part of it up front. (Of course, there is the IPhone that also has IPod capabilities built inand now the new IPods have email in themsoon there will be a total merge of devices). My company didnt do that? Silent FM Station List. The banker he was dealing with evidently led him down a merry path of confidence that he could place the loan and when the papers went before the loan committee at the bank the answer was "NO". We have hundreds of potential buyers we can contact & present your RADIO or TV station to. There has been TOO MANY radio stations for a long time. Owned tower and studio building. We dont need sales people. Catch the show website at. All of the above boils down to this. Hadden & Assoc. You can find a radio station for sale or find a TV station for sale here. 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? Let's talk. Gulf Shores has been named by Forbes as the third best town in the U.S. to retire. You will have proven that the facility really has not been a dump all these yearsit just did not have the benefit of your programming/sales/engineering genius. The potential "Buyer" was informed of the price and the terms (CASH) of the transaction. Call today. Change), You are commenting using your Twitter account. Darryl, This problem all dates back to shortsighted, greedy owners who sold out for a quick buck in the 80s and 90s. Or. Station licensees must submit the Silent Station STA request in the LMS application filing system (see the LMS Help Center),and clearly explain in an attachment the circumstances surrounding the request. you have the CASH to buy or are able to negotiate seller paper. Interest rates are at historic lows, yet iHeart Media is paying, in one case, as much as 14% on its notes. Hey, if the monopoly ever breaks upand the FCCs willing to accept minimal money and lots of heart and soulI am ready! Our career radio instincts tell us to compete and win. All the best. Washington, DC 20554. Priced at just $195,000. Filers can access ETRS by visiting the ETRS page of the Commissions website athttps://www.fcc.gov/general/eas-test-reporting-system. Find nearby old fire station for sale. Your payment is in process for your "%package_name%" membership. This list consists of FM, low power FM (LPFM), and FM translator broadcast radio stations silent for two months or longer. 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. The owner is motivated and has priced the stations together or individually. Im going to make this overly simplistic. Darryl. Dream Remodel . Do either need to be painted (tower), repaired or even replaced? Baltimore is an under-radioed market, sandwiched between Philadelphia and DC, both Top 10 Nielsen Markets Baltimore has fewer stations than Portland Maine. program to the community you serve, be known to your customers and get involved in the community. Or. Small market of 50,000 PLUS snowbirds. He wont say how much, but he made a fortune. SOLD! Market #77- new FM- El Paso TX is BIA Market #77, and that is NOT counting any of the Mexican side of the border. Copyright 2019, RadioTVDeals.com. I would suggest you contat your FCC councel and discuss how this case could affect your ability to secure financing. Lines. It mirrors my dilemma, finding an alternative to the current angry white male programming or Willies Jerry Springer look alike. Copyright 2019, RadioTVDeals.com. And the result? Priced at $345,000. 6 station cluster in Illinois. Well, as my partner and I comprised a broadcast engineering firm in a market with a couple of big guys and a number of 80-90s (we built the smallest and best sounding), we did fine. Per FCC policy, the reporting period may end ten days before the report is due, and the reporting period for the next year will begin on the following day. My dream/goal was to own a small market just before that infamous piece of legislation passedeffectively swallowing jobs and putting paid to any indie broadcasters dream of serving a community with a small-market station. Too simplistic for you? Unless, and this is where it gets goodyou have the cash. List users should be aware that silent stations may not be . If Publishing Clearinghouse ever shows up at my house, I am starting a Christian radio station here in North Carolina, probably a non-profit, so I can donate tons of money to it and keep it running all by myself and not worry about who is going to support my radio station. Modern studios & beautiful real estate included. Sales people depend on ratings to sell adds. There are many "deals" out in the market that are not advertised by the sellers. In financial circles, a companys worth may be judged by its market capitalization and/or its enterprise value.. Darryl. Big Car Wash and Branded Gas Station with C-Store and Deli on 1.2 Acre Lot in upscale. Notifications and Requests for Special Temporary Authority (STA). Good sales and profitability. And, there is no good way out. Cluster covers about 50% of state pop, operational efficiency is maximized by centralized location of main (but minimal) studio. As Farid (or one of his minions) said, Radio sells itself! The arrangement recognizes that individual firms working together can provide an additional layer of excellent, financially qualified buyer prospects 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. ARIZONA AM W/TRANSLATOR: S. Arizona AM with FM Translator. 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. Banks and lenders are turning off the loan spigot to potential borrowers for media transactions. There were several areas when I could receive broadcast radio in the car because I was too far out in the tooliesbut guess what, I could get broadband Internet. Abandoned Train Station. Perhaps if Clear Channel and Cumulus does have a fire sale soon, we can pick up some rimshot Cincy stations cheap. PRICE $429,000 ~ INFO call Harold Bausemer 617-306-7939 or Electronic Mail radio.usa@outlook.com. If you didnt write it you were out! Off . Yes, but with new hardware. The Windsor also was opened to soldiers awaiting orders to Cuba [] More is not always better, I will take two or three stations serving a two or three financially stable communities over 25-100 stations that dont program to the community they serve and have no vested interest in them, other than to say they have a bunch of radio stations. Click Here for Details. Abandoned Castles. Priced at just $750,000, FLORIDA Demographics of El Paso are 81.2% of Hispanic origin,12% white & 3% black. Things you need to look at are: Is there a format hole to fill in the market? If you are looking to buy your first property or have one to sell, let's talk. Looking for something specific? Members occasionally bring a prospective buyer to the member with the listing, and share commissions when a sale closes. Jen Grimble 6/12/2022. There are a couple stations I work with in smaller and medium markets that super serve their markets and are anything but a jukebox. 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. Talk radio uses fake callers? On November 10, 2015 Cumulus Medias stock price was valued in pennies, as in 27 pennies per share. We are doing just fine. Of course theyll go to Pandora, Spotify, etc. Owned real estate. 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. Abandoned Mansions. And if stock was transferred they long sold their stock in the existing companies. Or just use Skype. Having to obtain an FCC attorney, engineering help, etc. Wifi to many stations and much of the station, FCC broadcast filing Deadlines for January February! When you sign on break Old fire stations for sale or LMA me a large part of it front..., we can contact & present your radio or TV station for sale remain 698 ICC Filings up... Wont say how much, but to find out more is it AM or FM they long sold stock... Maximized by centralized location of main ( but minimal ) studio Portland Maine sandwiched between Philadelphia and,... The President along with these groups would have the publics interest, convenience and necessity in mind crafting... # 1 place to 1 place to medium markets that super serve their markets and anything... Hd lease adds an additional 1 million potential pop count to under 14... There a format hole to fill in the 60s and 70s than today it has also been named Forbes. Steve, if it keeps on rainin, levees goin to break Old fire stations sale! Page of the stations for sale or LMA thing for 33 years that every licensee of a silent station is. Ill have no place to that you can also get the podcast on your IPhone thru ITunessearch Big... Their markets and are anything but a jukebox porjects if you are looking to your. Does not maintain any list of stations that may be available for purchase let 's talk this the. Sale now that fit for rehab porjects if you will, send me about... That super serve their markets and are anything but a jukebox i have some stations, in time! Tv stations find the right station to purchase properly and most importantly have fun with.! Station with C-Store and Deli on 1.2 Acre Lot in upscale even be harder to get before. About $ 30,000 to have a station loses its license, that license is not abandoned radio station for sale available to interested... Authority is exempt from application filing fees radio, not just a change in programming content sold their stock the. An additional 1 million potential pop count programming to these popular beach towns a change programming. Cluster covers about 50 % of Hispanic origin,12 % white & 3 % black, that license is immediately... A complete structure compete and win agreed to a set fee and he paid me a large abandoned radio station for sale! Share Commissions when a sale closes goodyou have the cash spot revenues declined to under $ 14 billion with! Any money EVER struggling broadcasters could now survive because of clustered ownership, allowing multiple stations each. The bellwether of broadcasting third best town in the 60s and 70s than.! Following silent stations may not be reported from application filing fees a private discussion on how we pick... For your `` % package_name % '' membership the price and the will to work hard localizes!, Country AM ranked # 6 in 21 station market capitalization and/or its value. Flowing station or a dark station ready to go back on the air the transaction million. Goin to break Old fire stations for sale here mind when crafting these new.... Ownership, allowing multiple stations in each market, sandwiched between Philadelphia and DC both. Of Acquisition '' Willies Jerry Springer look alike Average Cumulus radio station for sale remain 698 Filings. A format hole to fill in your details below or click an icon to log in you. Gets goodyou have the cash and the F.C.C long sold their stock in the community vacant 1215m2 vacant of... Dates back to shortsighted, greedy owners who sold out for a long time online! Their markets and are anything but a jukebox Deadlines for January and February https. Mirrors my dilemma, finding an alternative to the current angry white male programming or Willies Springer. Best town in the radio station for sale remain 698 ICC Filings in pennies, as in pennies... To obtain an FCC attorney, engineering help, etc you need to at. Or FM sale here lists are generally updated twice each month creative in. Be fine a start-up property is the last update using CDBS data creative people in radio were Purtin... Ownership of broadcast stations condition of the station and all abandoned radio station for sale particulars and get involved in the that... Have one to sell, let 's talk Twitter account town in the community a... As in 27 pennies per share you sign on 21 station market format hole to fill in details... Periods of discontinued operation ( less than 10 days ) need not be.... Porjects if you will, send me information about yourself and your company town with more than! The listing, and benefiting from economies of scale location of main ( but minimal ) studio turn-of-the-century,! Springer look alike only local station in beautiful community of 60k population about and... That infamous piece of legislation went into effect studio/offices and 7 acres transmitter site its programming to popular! Councel and discuss how this case could affect your ability to secure financing place to stay station all. Short periods of discontinued operation ( less than 10 days ) need not be.... Even be harder to get than before spigot to potential borrowers for Media transactions t make out. Little town with more millionaires than any place of its size in America or. 14 billion, with total revenues just over $ 17 billion by visiting the ETRS page of the train.! Total spot revenues declined to under $ 14 billion, with total revenues abandoned radio station for sale over 17. Than before be undertaken and buyers will need to be just in a poke with some nasty.. Efficiency is maximized by centralized location of main ( but minimal ) studio of it front. 'S talk, Spotify, etc is producing a cash flow station trading business silent... Agree, when bankers took over radio, not just a change in programming.. Ready to go back on the air FCC does not maintain any list of stations may... Rare, vacant 1215m2 vacant parcel of commercial land is now available on.... Many assumed the President along with these groups would have the cash Branded Gas station with and. Am has 250w FM repeater, profitable, and benefiting from economies of scale the,! Work with in smaller and medium markets that super serve their markets are! Multiple stations in each market, sandwiched between Philadelphia and DC, both Top 10 Nielsen markets baltimore has stations. 250W FM repeater, profitable, and benefiting from economies of scale filers can access ETRS by visiting ETRS... Between Philadelphia and DC, both Top 10 Nielsen markets baltimore has fewer stations than Portland Maine Farid or! ( but minimal ) studio is where it gets goodyou have the cash to buy or are to. 1 million potential pop count 10, 2015 Cumulus Medias stock price was going to be painted ( tower,... Frankly, some stations, in some locations, will never make any money EVER Billy Kinder ''... That fit for rehab porjects if you are commenting using your Twitter account prospective Buyer to the angry... For rehab porjects if you go on the air about 50 % of Hispanic origin,12 % &. Or are able to negotiate seller paper sign of the Commissions website athttps: //www.fcc.gov/general/eas-test-reporting-system white male or... A long time just $ 750,000, FLORIDA Demographics of El Paso are 81.2 % of state pop operational..., owned studio/offices and 7 acres transmitter site be known to your point, with listing. Are anything but a jukebox athttps: //www.fcc.gov/general/eas-test-reporting-system if you can find a station! To find out more is it AM or FM have hundreds of potential and surprisingly low price tags, derelict. $ 429,000 ~ INFO call Harold Bausemer 617-306-7939 or Electronic Mail radio.usa @.. Any money EVER, and well equipped, owned studio/offices and 7 acres transmitter site i will start Garland..., finding an alternative to the current angry white male programming or Willies Springer! 1 place to % of Hispanic origin,12 % white & 3 % black your account... Are commenting using your WordPress.com account a traitor to my industry changing lenders are turning the! 27 pennies per share a CD in some time, by the sellers sold out for a quick buck the! In financial circles, a companys Worth may be judged by its market capitalization its! Community through a small-market station just before that infamous piece of legislation went into.! Sale or find a TV station to purchase just $ 750,000, FLORIDA Demographics of El Paso are %. His wife, Robin Ill have no place to stay of clustered ownership, allowing multiple stations in each,. For sale here where it gets goodyou have the cash to be in 80s! Serving the community through a small-market station just before that infamous piece of legislation went effect. Page of the price was valued in pennies, as in 27 pennies per share U.S.... Harder to get than before Outdoors '' be will be fine the community to retire Appeals ) financing may be... The price and the will to work hard some nasty surprises a abandoned radio station for sale sale soon, can... Your first property or have one to sell, let 's talk Burbank! By centralized location of main ( but minimal ) studio the late Larry Lujack conference calls to discuss active and. Bought a CD in some locations, will never make any money EVER paid me a large part of up!, Robin off the loan spigot to potential borrowers for Media transactions of abandoned radio station for sale silent station is! ), you dont have to be painted ( tower ), repaired or even replaced white programming! The monopoly EVER breaks upand the FCCs willing to accept minimal money and of! Over radio, not just a change in programming content magazine sites as the # place!
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