Congratulations to Edward B. Walker of CityWorks Community Broadcasting in Roanoke (buyer) and Allen Shaw of Centennial Broadcasting (seller) on the completion of their deal for WVMP-FM in Roanoke (licensed to Vinton, VA). The sale price was $500,000.
WVMP programs a AAA format at 101.5 mHz. BIA reports a 60 dBu pop count of 245,854. The price works out to $2.03 per pop. I am pleased to have represented Centennial in the transaction.
George
Media Services Group
Congratulations George. Maybe you can give me some insight on something. How would one go about deciding on a ballpark value on a 200 watt non commercial FM signal that is dark and has only been used as part of a daisy chain. I know the population count in the 60 dBu contour is about 60,000. Any advice is appreciated.
ReplyDeleteI do not know of any "comps" which match your question. But my gut tells me that the value would be less than $3 per pop; perhaps a lot less. And that would assume the station to be fully operational.
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