Current owner-operator is retiring for health reasons. If you are looking to buy your first property or have one to sell, let's talk. They work for the bank, until they die. Lists are generally updated monthly. And Stevi Nicks made more sense, and told the truth! Darryl. That real money did come in and now the two biggest radio companies, Cumulus and iHeart Media, are in big time trouble. Station does 220k. Filers can access ETRS by visiting the ETRS page of the Commissions website athttps://www.fcc.gov/general/eas-test-reporting-system. Frankly, some stations, in some locations, will never make any money EVER. 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. All Rights Reserved. Primarily number three. Today talented people are told not to be funny or creative. 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. Kozacko Media Services- Dick Kozacko, George Kimble, Pat Anderson Thank you for checking out the blog. California Wine Country- Consistently PROFITABLE BROADCAST STATION "STICK" VALUATION OR THE CONUNDRUM OF HOW TO VALUE A STATION THAT HAS NEVER MADE ANY MONEYEVER. A lot! Darryl. Price reduced to $790,000 - or 5 times Broadcast Cash Flow (National average is 7X BCF), TUCSON, AZ To get the answers, hire a competent broadcst engineering firm to do an evaluation. Now the N.A.B. I remember being called in November 2004 while the FCC Allocation Auction was in progress. No revenue, minimal studio, out of state owner, excellent coverage of Melbourne. I remember thinking, what is wrong with you guys, he is putting you out of a job. There are a couple stations I work with in smaller and medium markets that super serve their markets and are anything but a jukebox. Darryl. If it keeps on rainin, levees goin to break You cant do that with 1,000 stations. Toni Bradford. Amtrack is also adding WiFi to many stations and much of the train system. Stations that go silent should notify Ms. McCauley by letter or e-mail within 10 days of ceasing operation. And, there is no good way out. Building works began on the station in the 1990s, but it was soon left to rot due to a lack of funding. Broadcast station valuation is usually done by using a multiple of the station's broadcase cash flow (BCF). Amtrack by the way is re-equipping their entire passenger fleet to put a 110 outlet at each seat for passenger use. Its been almost 20 years ago since the Federal Communications Commission (F.C.C. If there are no other stations locally, will the market support a radio station? To make it work financially theyll need to get at least 14 times cash flow, may be 16 times, depending on taxes and the cost of sale. And I would run it properly and most importantly have fun with it. 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. All Rights Reserved. Find the best offers for your search vacant service station. Enter a location to find a nearby old fire station for sale. Full Market FM signal that needs a hands on operator. 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. FULL market coverage. Small unrated market with lots of sunshine and a great lifestyle. Do you have a Construction Permit that is running short on time? A rare, vacant 1215m2 vacant parcel of commercial land is now available on bundabergs. I responded"Whoa, settle down just a little. For all stations with websites, the report must be posted there as well. Change), You are commenting using your Twitter account. The auction for spectrum bandwidth for this starts next monthy. but 98% is all LOCAL programing live 2% syndicated (late night). All the best. Car Wash & Gas Station in Orange County. High Volume station on busy intersection. Copyright 2019, RadioTVDeals.com. I do not want to discourage anyone from realizing your dream of oning that first station. This list consists of FM, low power FM (LPFM), and FM translator broadcast radio stations silent for two months or longer. 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. Well thats going to take a few things. All broadcasters as we know them today if they want to stay in business will have everything they put out on the air to be fed to the Internet. I wrote the above several years ago and would like to add this comment with a 2016 frame of reference. 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. Darryl. that shares our listings, so tell us what and where But, heres the killer, each year the money companies pay to service debt is increasing at the same time radios advertising revenues shrink and thats not sustainable. It mirrors my dilemma, finding an alternative to the current angry white male programming or Willies Jerry Springer look alike. Are the copper radials in the ground damaged or corroded away? In 2014, the radio industrys total spot revenues declined to under $14 billion, with total revenues just over $17 billion. Startups always take more money than you think!!! As we all know habits learned as childrento me (at 62) radio has always been a habitbut I also now own a 120G IPod. Second, it will take the people to demand Congress and the F.C.C. It will be 2 or 3 companies. As a former owner, I will tell you it is a lot of work. iHeart? $6,750,000. Attractive HD lease adds an additional 1 million potential pop count. If you don't have FCC counsel, I can suggest some to contact. How are other stations in town doing and why? When the meeting took place, the first thing the "buyer" wanted was to structure a terms deal for 25 years. Its a brilliant explanation of the situation but you probably wont get many social media shares because those of us still pulling greatly reduced paychecks from these companies are hunkered down like moles dodging a flashlight. I have had several cases recently where the number was unintelligible and as a result, I could not return the call. If you didnt write it you were out! Beautiful 4 season market-with lakes & skiing. Heritage radio cluster in year-round tourist and retirement market. Market # 24- NEW FM - This FM Metro Signal can be paired with any AM within 25 miles, or with a leased HD channel. Click Here for Details. You can find a radio station for sale or find a TV station for sale here. Asking for the two stations is $850,000 and there . CALIFORNIA WINE COUNTRY AM WITH TRANSLATOR: Co-brokered with Kozacko Media Services. The owner is motivated and has priced the stations together or individually. Price in US dollars.$1,150,000. 1903 Firehouse in Galveston, TX. There goes the buyer's credibilityand maybe some of mine on how to "vet" a buyer. No, Im not with 700WLW. Synergies will save the day, more jobs will evaporate into the morass of syndication, voice-tracking, and hubbing. FM Super Translators do not count against the number of FM signals one owner in a market can control. 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". ), the National Association of Broadcasters (N.A.B. What are the construction costs? However, it is important to note that a formal consultation must be undertaken and buyers will need to cover all costs for . IF this were a full-power FM the STICK VALUE would be $2 million+. 1. Now the lenders are whining because the poor schmucks they conned into taking out such a loan are unable to make the nut every month. Dream Remodel . Market #77- new FM- El Paso TX is BIA Market #77, and that is NOT counting any of the Mexican side of the border. This established Radio Communications business located in the North QLD Charters Towers region is being offered for sale for. Please call and let me know what you have available. Hope you continue to do well. If you can't hae equity when you sign on, walk away. Keep your head down. Train Stations. A vintage RCA console left behind in the abandoned WFBR Radio Station in Baltimore. It is so worn down that you can barely tell it was once a complete structure. When a station loses its license, that license is not immediately available to other interested parties. 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. Thank you for the kind thoughts. Questions that need to be answered: What is the condition of the AM ground system and tower? Theyre backed into a corner.. FSRE27203. LPTV stations that do not originate programming and TV translators must post renewal notice texts on an acceptable website (station, licensee, parent or as otherwise described by the FCC), linked under the title FCC Applications, within five business days after the date on which the FCC issues PN of the acceptance of the renewal application and must remain posted for 30 days. Id love to buy a radio station really cheap! The arrangement recognizes that individual firms working together can provide an additional layer of excellent, financially qualified buyer prospects 117 Properties from $75,000. If you are an established broadcaster looking to expand or a well financed owner, give me a call. The initial sellers? A common industry approach has been to factor the amount of revenue a particular facility may generate by looking at the amount of advertising revenue the station may be able to secure out of the total revenue available for radio in the market if it reaches a particular audience levelwhewgot that? Both iHeart Media and Cumulus have also been selling tower sites (or land) to create cash. Failure to conduct an engineering inspection can be a costly mistake. With this combined brain power and political and business clout, what could possibly go wrong? A rare, vacant 1215m2 vacant parcel of commercial land is now available on.. To rot due to a lack of funding you do n't have FCC counsel, will. Can find a nearby old fire station for sale or find a nearby old fire station sale! Work with in smaller and medium markets that super serve their markets are... Soon left to rot due to a lack of funding white male programming Willies. 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