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Select Univision Radio Stations Sold

LATINO MEDIA NETWORK TO ACQUIRE UNIVISION RADIO PROPERTIES IN TEN MARKETS
Note that these are ALL the Univision AMs, including WADO in NYC and KTNQ in LA. And the deal includes Univision's only remaining diary markets (Fresno and the LRGV) and what is, today, one of the country's worst radio markets revenue-wise, Las Vegas.

The FMs in NYC, Miami, Chicago, Austin, San Antonio, Dallas, Houston, Phoenix, LA, San Francisco and San Diego remain in the Televisa/Univision portfolio.
 
Note that these are ALL the Univision AMs, including WADO in NYC and KTNQ in LA. And the deal includes Univision's only remaining diary markets (Fresno and the LRGV) and what is, today, one of the country's worst radio markets revenue-wise, Las Vegas.

The FMs in NYC, Miami, Chicago, Austin, San Antonio, Dallas, Houston, Phoenix, LA, San Francisco and San Diego remain in the Televisa/Univision portfolio.
Damage control to prevent a massive stock dump by radiodiscussions members?
 
$60M for nine crappy AM's and six-FM's?? PT Barnum was right; there is a sucker born every minute.
If AMs are of any value, the ones in Miami, NYC, Chicago, Dallas, LRGV and LA are good for covering the Hispanic populations. The rest is disposing of diary market properties and one horrible market, Las Vegas.

McAllen used to be a very good profitable market, but the opening of the border has destroyed the economy and businesses are trying to figure out how to control rampant theft and are not advertising.
 
How things change. Interesting that TelevisaUnivision decided to stay in the radio business. Even though a few years before the merger they wanted to leave the radio business as a whole. So I guess they found reasons to stay worthwhile.
 
McAllen used to be a very good profitable market, but the opening of the border has destroyed the economy and businesses are trying to figure out how to control rampant theft and are not advertising.

The crime rate in McAllen is better now than 10 years ago. It was even worse in 2002.

From what I can see, it's lower than most similar cities in Texas.

I like this group that's buying these stations. Would love to see more pooling of money to buy radio stations.
 
The FMs in NYC, Miami, Chicago, Austin, San Antonio, Dallas, Houston, Phoenix, LA, San Francisco and San Diego remain in the Televisa/Univision portfolio.

Apparently, KFZO 99.1 in Dallas is also going to the new company along with KFLC 1270.

$60M for nine crappy AM's and six-FM's?? PT Barnum was right; there is a sucker born every minute.

I had a similar thought. Even with the FM's likely making up the bulk of the purchase price, Univision definitely got out of the AM business at the right price!
 
The crime rate in McAllen is better now than 10 years ago. It was even worse in 2002.
Most of the petty crime is not registered. The police are totally overwhelmed with the border crossings, and merchants are reducing shop hours as they can't get security personnel who will take the risks.
From what I can see, it's lower than most similar cities in Texas.
The same situation I described is true in the entire LRGV, not just McAllen. It is Brownsville, Harlingen and a bunch of other cities right on the border. All my old friends from the stations there say that they are constantly frightened for their families.
I like this group that's buying these stations. Would love to see more pooling of money to buy radio stations.
I don't see any synergy between the markets. I'm glad to see the stations gone from UVN, but as stand-alones in most markets, this is going to be tough. They have a bunch of idealistic leaders and directors who are gong to find that radio at the street level is not what they think it to be.
 
Apparently, KFZO 99.1 in Dallas is also going to the new company along with KFLC 1270.
Saying that one is "in Dallas" is a considerable exaggeration.
I had a similar thought. Even with the FM's likely making up the bulk of the purchase price, Univision definitely got out of the AM business at the right price!
The FMs are in horrible markets. The real value is in the AMs in NYC, MIA, LA, Chicago and Dallas. Most of the price allocation goes to those 6 stations.
 
What about KXTN in San Antonio? Will the new company keep Tejano?
 
Most of the petty crime is not registered. The police are totally overwhelmed with the border crossings,

That's not what the police say:


They have a bunch of idealistic leaders and directors who are gong to find that radio at the street level is not what they think it to be.

It's good that they are idealistic. There needs to be more of that in radio.
 
How things change. Interesting that TelevisaUnivision decided to stay in the radio business. Even though a few years before the merger they wanted to leave the radio business as a whole. So I guess they found reasons to stay worthwhile.
The administration back then was totally different from today's management. That past period was when they bought strange non-Hispanic new media divisions that lost them hundreds of millions.
 
What about KXTN in San Antonio? Will the new company keep Tejano?
Maybe on an HD channel. It's a dead format financially.
 
That's not what the police say:

That's a play with statistics. If you talk to people there, the story is very different. And McAllen is only a small part of the market. The market is a huge collection of medium and small towns and lots of agriculture surrounding them.

One effect has been a rapid increase in weapons purchases by homeowners, business owners and farmers. The citizens are now policing their own properties.

The issues citizens have are things like waking up to find illegal immigrants camped on their property or along the street, petty theft that is not reported as they know nothing will be done, vandalism, etc. Those are the things my friends tell me about... I worked with stations there for over 20 years.

In the agricultural areas of the LRGV market, crops are trampled or the produce picked and eaten. Barns have to be chained at night. Poultry and livestock has to be guarded. Night lighting of property helps keep intruders away, but that increases operation costs immensely. Parents won't let their kids walk to school, so they have to drive them for safety. Going out at night, when a lot of the crossings occur, is fearful and avoided.
 
I heard an interview on NPR within the past hour about this sale. They explained that a more moderate to slightly left group had been employing folks to monitor several stations that target Latin listeners to see see how much blatant disinformation their hosts were spewing out to the listeners who took it as fact - Including telling them during the last Presidential election that Joe Biden is a socialist and if he were to be elected, he was aiming to turn the USA into another Venezuela or Cuba.

More recently, the group that was funding the monitoring decided that, rather than spending their cash on the monitoring, it would be a better use of their funds to simply buy up this group of stations and attempt to make them more moderate and fact-based, to better serve the Latin populace that listen to them, and provide truthful and fact-based information rather than hosts that often spewed gossipy information and hearsay.
 
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So you're saying the police don't actually live there? Or that they're lying?
I am saying that a huge percentage of lesser crimes are not even reported. The statistics make the police look good, but at ground level, the situation makes the average person fearful.

The police are not lying. They can't tabulate unreported crimes, and citizens don't report them as they know nothing will be done.

If you have chickens stolen overnight and no security camera footage, would you report it? If your car is vandalized, and you know the police are overwhelmed with other matters, would you report it? If your mail is stolen, or your Amazon package is missing, would you report it? The police won't even respond to many of those incidents when they know there is no evidence they can follow up on.

And merchants report "shrinkage" at unprecedented levels, so they are shortening work hours and putting more items in locked cases.

I've worked with dozens of people in the market. My best friend there moved his family to San Antonio out of fear, and now that the stations were sold he is looking elsewhere, too.
 
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