Wednesday, March 31, 2010

Stations for sale: new opportunities

Media Services Group is exclusively marketing some new radio and TV station opportunities:

• 4 station cluster (2 AM / 2 FM) in a Mid-Atlantic college market. $700k revenue
• 4 FM station cluster in rated Southeastern market. Turnaround priced to sell. Seller financing.
• Small market ABC affiliate TV station
• 4 FM station cluster in rated North Carolina market. Seller financing.
• AM/FM in North Carolina resort market. Seller financing.
• 2 FMs in Southwest rated market.
• 2 FMs in Midwest rated market. Positive cash flow.

If you are interested, please contact me for an NDA (George@MediaServicesGroup.com).

George
Media Services Group

Let's get together at the NAB

The NAB is just around the corner. The Media Services Group suite will be at the Encore this year. If you would like to discuss the station and tower trading marketplace, please get in touch for an appointment. We are available Sunday night through Tuesday.

I hope to see you there!

George
Media Services Group

Monday, March 22, 2010

Good FCC information website for broadcasters

Here is a website from Cavell Mertz & Associates which makes researching FCC station information a breeze (for AM/FM/TV). You can also search Antenna Structure Registration and nearby airports. Very handy. And thanks to Don Curtis for the tip. Click here: FCCInfo.com

George
Media Services Group

Tuesday, March 9, 2010

Are Broadcasters About to Spend Another 24 Months in a Flaming PR Dungeon?

When XM and Sirius hit the marketplace, the companies’ PR machines (and their Wall Street supporting cast) waged war on traditional broadcasters. And for the most part, they won, at least until the truth overcame the hype.

We spent a couple of years reading and hearing about the destruction of free over-the-air broadcasting. Satellite radio was Radio’s Death Star. It would own car radios. Broadcasting was obsolete.

Guess what. XM and Sirius merged and morphed into the niche business it was always destined to become.

Here we go again. Pandora will likely go public in the near future. The hype, much like that with satellite radio, will become deafening as the Wall Street banks line up to rake in big fees from the IPO and run-up of the stock.

Are broadcasters going to again sit idly by and suffer another two years in the PR dungeon?
Pandora is a cool application. It probably has “legs” in the marketplace. But it is another niche product. It cannot beat “local.” It will not beat us at what we do best.

Broadcasters need to unite to tell their story of free, over-the-air radio. We do not need to spend the next two years listening to “Pandora’s Radio Death Star” story. We have incredible reach in every community in the country. Pandora does not now, and I predict, will not ever have it. Let’s tell the world what Pandora really is… a “cool” niche product.

Those are my thoughts. What are yours?

George
Media Services Group

Monday, March 1, 2010

Regent Communications Announces Consensual Restructuring Agreement With Senior Lenders





Regent announced a restructuring this morning which includes a prearranged Chapter 11 filing. Oaktree Capital Management L.P. will assume control. If that name sounds familiar, Oaktree backs the GAP companies and Triton Digital. The press release is HERE.