Cut and pasted from yesterday's "Taylor on Radio-Info" e-mail..
"Make it two sales this Summer for Spanish hits “Brisa 100.3” KXAL-FM, in east Texas. Sale #1, a regular-ole Form 314 asset sale, was from Dudley Waller-managed Waller Media to William Waller, Jr. Price was $300,000. Sale #2 is from William Waller to Chuck Conrad-led Chalk Hill Communications. Price this time, in late Summer 2009 - $250,000. Just for the heck of it, I tracked back to mid-2005, when Waller Media bought Class A KXAL-FM, Tatum, Texas from Hunt Broadcasting. The price four years ago? $975,000. KXAL is currently simulcasting Waller Broadcasting’s Spanish hits KDVE, Pittsburg, TX at 103.1. We’ll see what plans Chuck Conrad has for it. Broker on KXAL – Bill Whitley of the Dallas office of Media Services Group."
Congrats to Chuck for picking up KXAL. Any big plans for it? I wonder if that Class A can be improved.
"Make it two sales this Summer for Spanish hits “Brisa 100.3” KXAL-FM, in east Texas. Sale #1, a regular-ole Form 314 asset sale, was from Dudley Waller-managed Waller Media to William Waller, Jr. Price was $300,000. Sale #2 is from William Waller to Chuck Conrad-led Chalk Hill Communications. Price this time, in late Summer 2009 - $250,000. Just for the heck of it, I tracked back to mid-2005, when Waller Media bought Class A KXAL-FM, Tatum, Texas from Hunt Broadcasting. The price four years ago? $975,000. KXAL is currently simulcasting Waller Broadcasting’s Spanish hits KDVE, Pittsburg, TX at 103.1. We’ll see what plans Chuck Conrad has for it. Broker on KXAL – Bill Whitley of the Dallas office of Media Services Group."
Congrats to Chuck for picking up KXAL. Any big plans for it? I wonder if that Class A can be improved.