abandoned radio station for sale

1903 Firehouse in Galveston, TX. Failure to conduct an engineering inspection can be a costly mistake. I was contacted by a gentleman with several years experienbce in various phases of the broadcast industry who said he wanted to buy his first radio station and he knew the type of format he wanted to do. 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). local TV stations will be able to broadcast direct to Smart Phones & TabletsBYPASSING the CELLULAR & INTERNET providers. "THEM THAT HAS WILL GETTHEM THAT DON'T, WON'T". Lists are generally updated monthly. Its been almost 20 years ago since the Federal Communications Commission (F.C.C. I wrote the above several years ago and would like to add this comment with a 2016 frame of reference. On Star Trek, the Ferengi have their "Rules of Acquisition". 1,458 Railroads. I do not mind workingn with new broadcasters. 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. What looks like a cheap price for an AM property could be a pig in a poke with some nasty surprises. 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. PRICE $429,000 ~ INFO Harold Bausemer, Voice Mail 617-306-7939 ~ Electronic Mail radio.usa@outlook.com, Cap City Station transacts without format or business model, basic/legal studio. Our career radio instincts tell us to compete and win. 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. Another guy will get his corporate jet, perks, and multi-million dollar salary and bonuses instead of seeing that money invested in the product. It certainly has hit a nerve. But wait programmatic buying will save the day! Wanna buy a radio station really cheap in the future? He wont say how much, but he made a fortune. I brought data to an economist/professor I know and his first reaction when checking it out on his Bloomberg terminal was a surprised, Oh. Asking: $1,000,000. 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. 2 adjacent small-market FM signals-profitable-Asking $350,000. The problem is when a company owns more stations than they need to. His response, They cant. The caller was bidding on several permits and wanted to know how much he could flip the construction permits for after the auction was over? It is so worn down that you can barely tell it was once a complete structure. Priced at $850,000. First time buyers are rarely going to get bank financing. I have some stations for sale now that fit for rehab porjects if you have the cash and the will to work hard. All the best. Thank you for the kind thoughts. Today talented people are told not to be funny or creative. Analog and digital low power television (LPTV) stations that operate as television broadcast translator stations; FM broadcast booster stations and FM translator stations that entirely rebroadcast the programming of other local FM broadcast stations; and. Access from your Country was disabled by the administrator. Tower obstruction lighting must be maintained without interruption during all periods of silence to protect general aviation. Its probably less than 1%. 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. Anyone.. please explain to me how Clear Channel (a better name than iHeart) could amass a debt of $20 billion. I started in radio in 1966 and retired in 2010. 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. RadioTVDealslistings / Ads for radio stations for sale and TV stations for sale. The items to upload by this date include: Television License Renewal Applications Due Applications for renewal of license for television stations licensed toNew Jersey or New Yorkmust be filed in LMS. Whoa! I do CONSULTING.Recently I was engaged to help a new broadcaster go through the acquisition process. What is the age of the transmittor? And, they cant get out. I explained what I needed and he immediately became very belligerent that they did not need to provide any information until they knew what the station was and so forth. 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. EXCUSE ME? My company didnt do that? This filing for silent station authority is exempt from application filing fees. What will save radio and broadcasting now is bankruptcy, forcing those who screwed it up hopefully out of the business. PRICE $429,000 ~ INFO call Harold Bausemer 617-306-7939 or Electronic Mail radio.usa@outlook.com. ~Searches Conducted for qualified buyers (requires proof of funds)~, Western NY Rated Market combo: Classic Hits/Oldies FM ranked #2, Country AM ranked # 6 in 21 station market. Call and we can discuss your situation. Or. Off . Written communications regarding silent stations should be mailed to: The following Silent Stations lists are generally updated twice each month. If not, then it wont be such a good deal. *Construction Permit. About old fire station for sale. 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. Second, it will take the people to demand Congress and the F.C.C. you have the CASH to buy or are able to negotiate seller paper. Added bonus of non-radio advertising business included. 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. When the levee breaks Ill have no place to stay. Thanks for reading the blog. I have often asked, How do you screw up free? These companies did. Produced by Bill Kinder and his wife, Robin. As a former owner, I will tell you it is a lot of work. In 2014, the radio industrys total spot revenues declined to under $14 billion, with total revenues just over $17 billion. It had about $25MM in it. Each brokerage firm maintains its individual ownership, but the consortium allows collaboration between the companies in order to expedite the sale of listed properties, when needed. Located in a stable economic area with heavy community involvement and commitment as an ag resource. 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? Abandoned Trains& Train Stations. Old fire stations for sale. Priced at just $750,000, FLORIDA 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. Orange County, CA. Copyright 2019, RadioTVDeals.com. Failure to conduct an engineering inspection can be a costly mistake. 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. SelectHEREcontinue as a FREE MEMBER on the RadioTVDeals site. As we all know habits learned as childrento me (at 62) radio has always been a habitbut I also now own a 120G IPod. If bankruptcy comes, the administrators will hopefully be more prudent than those that caused it. Illinois River. Owner motivatedreduced to $675,000. Kudos to your perseverance! IF you want an excellent FM signal in this highly desirable Hispanic market, please contact us SOON. ft. of commercial real estate space . Smart broadcasters today are already doing it. Of course theyll go to Pandora, Spotify, etc. Name Brand Gas Station W C-Store In Suffolk County. 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. Some in the larger markets saved $1M on programming costs by parting with successful talentsonly to see their revenue reduced by twice the savings. Financials: Asking Price: $330,000 + SAV. Asking Price is $790,000. AM has 250w FM repeater, profitable, and well equipped, owned studio/offices and 7 acres transmitter site. I mean, he would never lie to me, right? FM covers over 1 million for in-car listening. Today's abandonment: The Eagle Mountain Railroad. We help people to find radio stations for LMA (lease) or TV stations for LMA (lease). And the result? EL PASO, TX The problem here is there are many pieces of the puzzle that have to be put together to get an idea of what the numbers should be. Abandoned Train Station. Many large companies overspent, then tried to win by saving money on programming and promotion. and let Clear Channel and Cumulus drown in their debt that was incurred in an effort to take over the world. Broadcast station valuation is usually done by using a multiple of the station's broadcase cash flow (BCF). With this combined brain power and political and business clout, what could possibly go wrong? The real reason was that he and his democratic cronies had to find a way to pay back the big broadcasting companies for contributing to their campaigns. We help people interested in buying radio stations or TV stations find the right station to purchase. High Volume station on busy intersection. (202) 418-2136 victoria.mccauley@fcc.gov. I may have some joint venture money available to build the station and get it licensed before the CP dies. to see what else is available. Sorry, it does not work like that. I do not want to discourage anyone from realizing your dream of oning that first station. I agree, when bankers took over radio, they didnt realize what it took to make a station a success. Hope you continue to do well. It did exactly the opposite. And if theyre in trouble, so is the entire radio industry. For additional information related to silent AM and FM stations, please see Silent AM and FM Broadcast Stations. Stations For Sale: California Wine Country- Consistently PROFITABLE 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. What is the financial condition of the market? Broadcasting is not what it was even 10 years ago. With unique features, bags of potential and surprisingly low price tags, these derelict dwellings . And Stevi Nicks made more sense, and told the truth! You will gain credibility with sellers and brokers. 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. I would suggest you contat your FCC councel and discuss how this case could affect your ability to secure financing. Modern studios & beautiful real estate included. There are many variables. One of which is in the trust. Group of stations for sale. Dream Remodel . A vintage RCA console left behind in the abandoned WFBR Radio Station in Baltimore. Kozacko Media Services- Dick Kozacko, George Kimble, Pat Anderson 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. If there are no other stations locally, will the market support a radio station? 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. Hiker Jordan Liles went on an adventure in the Great Smoky Mountains National Park and stumbled across a most forgotten place - Elkmont. How much up side is there in the market for a new radio station? The auction for spectrum bandwidth for this starts next monthy. 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