LR Telecasting Acquires KMYA-DT and KMYA-LP (Press Release)

Veteran Radio and Television broadcaster, William Pollack, of Memphis, TN, is expanding his television holdings, entering the Little Rock market, with his acquisition of KMYA-DT, Camden/Little Rock, and KMYA-LP, Sheridan/Little Rock. The acquiring company, LR Telecasting, is paying $2,750,000* to Seller, I Square Media, LLC.

Pollack also owns KLAX-TV and KWCE-LPTV in Alexandria, LA, and KIEM-TV, in Eureka, CA, as well as a cluster of radio stations in Kennett and Caruthersville, MO.  I Square Media has no other broadcast interests.

Exclusive broker of the transaction was Bill Cate, of Media Services Group. 

For more information: 

Bill Cate

501.727.5100

cate@mediaservicesgroup.com 

*Pending FCC Approval

Join Our LinkedIn Group for Radio and TV Station Buyers and Sellers

If you are a LinkedIn user (and if not, why aren't you??!!), please consider joining our group: Radio/TV Station Buyers.  It is a group for station owners and prospective buyers. We have several thousand members, including many well known broadcasters. 

Our discussions are timely and relevant. Join us and participate regularly. It is a great resource for those of us in the business of buying, selling, and building value with radio and television stations.

George

Media Services Group

LinkedIn groups for broadcasters

If you're involved with the broadcasting industry and using LinkedIn (and if not, why aren't you??!!), here are some groups you might want to consider joining.

The first, Radio/TV Station Buyers, is a group for station owners and prospective buyers (and in full disclosure, I am the Admin). We have almost 600 members, including a lot of well known broadcasters. Our discussions are timely and relevant. Please consider joining us and participating regularly. It is a good resource for those of us in the business of buying, selling, and building value with radio and television stations.

The second, Future of Radio Online, is run by Jim Hooker and is an offshoot from an annual conference which Jim hosts on Hilton Head Island. This will be a great resource for contemplating radio's future. I recommend it highly.

George
Media Services Group

Radio/TV Station Buyers group on LinkedIn adds new Subgroups

We have added new Subgroups to our LinkedIn group "Radio/TV Station Buyers" http://www.linkedin.com/groups?gid=2353823&trk=myg_ugrp_ovr:

• Stations for Sale


• Debt financing


• Equity investors


• Non-commercial


• Transaction services providers

If you are a member, please join and participate in whichever Subgroups are appropriate. If you're not a member (and interested in buying and running radio or TV stations), please join us!

George
http://www.mediaservicesgroup.com/location.cfm?id=3

Radio/TV Station Buyers group on LinkedIn tops 150 members

Radio/TV station trading is alive and well (at least online)!

Six weeks or so ago, I started a group on LinkedIn (Radio/TV Station Buyers) devoted to members interested in radio and television station trading. Since, the group has expanded to over 150 members, surprising given the dismal economy and barely accessible credit markets.

Group members are encouraged to particpate in industry discussions, and post relevant news and jobs. If you're not yet involved, bookmark this site and join us:

http://www.linkedin.com/groups?gid=2353823&trk=hb_side_g

If you know other broadcasters (or prospective broadcasters) who might benefit from our group's contacts and information, please invite them to check us out.

George
Media Services Group
http://www.mediaservicesgroup.com/location.cfm?id=3

Station trading coming back to life?

Just a week ago, I formed a new group on LinkedIn (Radio/TV Station Buyers). I posted a few discussion topics, added some news feeds, and emailed a handful of broadcasters on LinkedIn to join. The "mission" of the group is simple:

"Dedicated to assisting broadcasters and first-time-buyers to successfully value, structure, finance, and purchase radio and television stations.

Members are encouraged to share news, information, and ideas on acquiring radio and television station businesses."

Now, just seven days later, the group has 73 new members. Many are existing station owners; some are broadcasters looking to acquire their first station. Frankly, I'm astounded. Reading the daily headlines, one gets the impression that broadcasting is "over." Certainly, we have our challenges, compounded by a soft economy, an even softer ad market, and an absolute lack of credit. But if the rapid growth of our little group on LinkedIn is any indication, there is still plenty of interest out there in building broadcasting businesses.

If you fall into that category, join us on LinkedIn:

http://www.linkedin.com/groups?home=&gid=2353823&trk=anet_ug_hm

And finally, as with any social group, it is only as good as the input from its members. Please contribute your thoughts, news and ideas. We all want to hear from you.

George

Media Services Group

My New Group on LinkedIn: Radio/TV Station Buyers

If you are "LinkedIn," and are interested in buying a radio or TV station(s), join our new Group:

Radio/TV Station Buyers

It is a forum for news, ideas, and information on the station trading process and market. Click here: http://www.linkedin.com/groups?gid=2353823&trk=hb_side_g

And please be an active contributor!