![]() ![]() Religious broadcasters just got extra donations from their congregation to up their bid to 700-grand. One thing you can take solace in–the big boys who took advantage of lenient ownership rules and bought as many stations as they could are losing their shirts. Some of these frequencies may just go dark if no one wants them. And lowest common denominator music programming to appease the car dealers who advertise. Lots of syndicated programming to keep costs down. It could be even worse with small businessmen running these stations. People who like so called “alternative” stations are the hardest to please and the most likely to get their local content–news, weather, sports off the infoweb. But will they put “cool” radio stations in place of the cookie cutters? If so they’d better just be doing it for fun and not profit. If 5 buddies have 100 grand each and an operating stash there ya go. ![]() Now you might be able to buy a radio station in a medium sized market for as low as 500-grand. Jake–With Citadel, Clear Channel and Nassau Broadcasting all in financial trouble and looking to sell stations, some smaller companies will assume ownership in the next few years.The big companies way overpaid for clusters of 5 or 6 stations.
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