editor Posted September 3, 2006 Share Posted September 3, 2006 I recently noticed that one of the Houston radio stations is for sale. It's a blind listing through a broker, so I don't know exactly which one. All I know is that it's AM, and it has a signal good enough to be worth an asking price of $10,500,000.00. Anyone want to speculate which one is up for grabs? Quote Link to comment Share on other sites More sharing options...
Guest Marty Posted September 3, 2006 Share Posted September 3, 2006 (edited) I recently noticed that one of the Houston radio stations is for sale. It's a blind listing through a broker, so I don't know exactly which one. All I know is that it's AM, and it has a signal good enough to be worth an asking price of $10,500,000.00. Anyone want to speculate which one is up for grabs?1070 AM KNTH Edited September 3, 2006 by Marty Quote Link to comment Share on other sites More sharing options...
editor Posted September 3, 2006 Author Share Posted September 3, 2006 $10 million for a station that doesn't even show up in the ratings? Seems like a lot. I seriously doubt that station has $1 million/year in cash flow. I've often thought that I'd be a good station owner. A couple of times I almost bought stations, but decided not to. Some of my friends own broadcast stations, and they're really not any brighter than I am. Maybe some day I will, too.Holy crap. I just looked up KNTH's signal. No wonder I've never heard of them. 11 towers!?!? Talk about a maintenance nightmare. And their signal is so incredibly directional that less than half the city can pick them up. They should sell the license for $2 million so the buyer can afford to move it to a less protected frequency. Quote Link to comment Share on other sites More sharing options...
Guest Marty Posted September 3, 2006 Share Posted September 3, 2006 (edited) $10 million for a station that doesn't even show up in the ratings? Seems like a lot. I seriously doubt that station has $1 million/year in cash flow. I've often thought that I'd be a good station owner. A couple of times I almost bought stations, but decided not to. Some of my friends own broadcast stations, and they're really not any brighter than I am. Maybe some day I will, too.You can always turn a station around and if you owned a A.M. station call it HAIF but it would have a K or W In the first letter. Maybe 1590 KMIC is the one? Edited September 15, 2006 by Marty Quote Link to comment Share on other sites More sharing options...
HoustonianInColorado Posted September 5, 2006 Share Posted September 5, 2006 1070 AM KNTHAs an old radio guy, I always wanted to own a station also. Didn't 1070 used to be the old KENR back in the 70s? Quote Link to comment Share on other sites More sharing options...
Guest Marty Posted September 5, 2006 Share Posted September 5, 2006 As an old radio guy, I always wanted to own a station also. Didn't 1070 used to be the old KENR back in the 70s?Yes Quote Link to comment Share on other sites More sharing options...
editor Posted September 6, 2006 Author Share Posted September 6, 2006 I was in radio for a decade, and have been thinking about getting back in. This time as a station owner. Not sure why. Last week I was seriously thinking about buying a little 100kw FM I've had my eye on, but I think I'll continue with my personal goal of paying off my debts before I make any more large purchases. Quote Link to comment Share on other sites More sharing options...
Guest Marty Posted September 15, 2006 Share Posted September 15, 2006 (edited) Up Date; Clear Channel to sell 1200 radio stations. source: The New York Times. I will say 790 KMBE will get sold. And i will go out on a limb and say it will flip format to Mexican music from the 1970's and 1980's. Edited September 15, 2006 by Marty Quote Link to comment Share on other sites More sharing options...
jmancuso Posted September 15, 2006 Share Posted September 15, 2006 it was also KKZR in the 80's and used to play all kinds of heavy metal. Quote Link to comment Share on other sites More sharing options...
editor Posted September 15, 2006 Author Share Posted September 15, 2006 Up Date; Clear Channel to sell 1200 radio stations. source: The New York Times. I will say 790 KMBE will get sold. And i will go out on a limb and say it will flip format to Mexican music from the 1970's and 1980's.Actually, what the Times article says is, "Clear Channel Communications, the nation Quote Link to comment Share on other sites More sharing options...
Guest Marty Posted September 16, 2006 Share Posted September 16, 2006 You know how the media types from New York Consider Houston as some small hick town. I was just trying to think like they do. Quote Link to comment Share on other sites More sharing options...
TheNiche Posted September 16, 2006 Share Posted September 16, 2006 (edited) You know how the media types from New York Consider Houston as some small hick town. I was just trying to think like they do. Isn't Clear Channel based in San Antonio? Btw, Editor...I'm curious what kinds of formats you'd be interested in pursuing. Edited September 16, 2006 by TheNiche Quote Link to comment Share on other sites More sharing options...
Guest Marty Posted September 16, 2006 Share Posted September 16, 2006 Isn't Clear Channel based in San Antonio?I was talking about the New York Times. Quote Link to comment Share on other sites More sharing options...
foxmulder Posted September 26, 2006 Share Posted September 26, 2006 Wow AM radio is still around? XM! Screw Clear Channel and "104 krbe ten songs in a row!" junk. Quote Link to comment Share on other sites More sharing options...
editor Posted September 26, 2006 Author Share Posted September 26, 2006 Isn't Clear Channel based in San Antonio?Btw, Editor...I'm curious what kinds of formats you'd be interested in pursuing.It really all depends on the signal -- it's strength, coverage, and whether it was AM or FM. The station I was looking at a while ago would have been mostly music, but with the occasional news update and lots of local bands overnight. But I recently ran into some financial problems (how many times can ONE PERSON get audited!?), so that's on hold. Quote Link to comment Share on other sites More sharing options...
stan the man Posted September 29, 2006 Share Posted September 29, 2006 You know how the media types from New York Consider Houston as some small hick town. I was just trying to think like they do. The New York Times is the most liberal news source in the country. Most Americans associate NYT with liberals than any other media source in America. Quote Link to comment Share on other sites More sharing options...
editor Posted September 29, 2006 Author Share Posted September 29, 2006 The New York Times is the most liberal news source in the country. Most Americans associate NYT with liberals than any other media source in America.More than NPR? Some days the national stuff out of NPR sounds more like a DNC press release than news. Quote Link to comment Share on other sites More sharing options...
HoustonianInColorado Posted September 30, 2006 Share Posted September 30, 2006 (edited) The New York Times is the most liberal news source in the country. Most Americans associate NYT with liberals than any other media source in America.As an aside, the NY Times owns other properties as well...for example the NBC affilliate (and first TV station in the Oklahoma), KFOR-TV in OKC. It was formerly KTVY and prior to that WKY-TV.As for KBME, I had some great times working there when it was KULF. I also am so old I remember it being KTHT, "Demand Radio 79". Edited September 30, 2006 by HoustonianInColorado Quote Link to comment Share on other sites More sharing options...
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