David Eduardo says CC might have to sell entire Houston cluster. Your thoughts?

[aunti-terrestrial]

CC has zero interest in Univision. One of the CC buyers also has an interest in Cumulus and Univision.

There is speculation that CC may have to sell several or all of the Houston cluster.

Does this narrow or broaden the list of possible buyers? Will they all go to one purchaser, or will they be parcelled off nail-by-board? David, please explain to us why CC "may have to" sell. I'm sure a lot of people are interested in this information and how you came about it.

 

[Mediafrog+]

That is from an old post, about the time the CC divestitures were first announced, so information was sketchy. Still just going to be KLOL and either KTBZ or KHMX being spun off, unless there are some unexpected twists.

Might some deal be announced in the next few days? There had been talk about March 15 being a soft target date.

 

[davideduardo]

That is from an old post, about the time the CC divestitures were first announced, so information was sketchy.

Yep. One of the trades speculated on what we see now as "worst case" scenarios that did not occur.

Still just going to be KLOL and either KTBZ or KHMX being spun off, unless there are some unexpected twists.

Since both the DoJ and the FCC are now on record, it looks like 2 FMs is all it takes to make the deal doable.

Might some deal be announced in the next few days? There had been talk about March 15 being a soft target date.

That is this week. The rumor mill has been mighty quiet, which means one of two things... either CC will put the stations in a trust, or there is a deal being done and nondisclosures all kicked in.

This is among the many moments when I am glad not to be working for CCU: Of course, I could have bought the stock two weeks ago and made 20 % by selling today...

[/quote]

 

[kendro]

Investors are starting to back away and even gladly paying to do so.
Not at all nefarious when you realize that ALL invenstments are now scrutinized with the cold accuracy of an electron microscope.
The bad part is that the buy-in is over $100M to even get into the game. That makes it all but impossible for anyone other than a turnaround investment group to play.

 

[InTIMadate]

Hey Kendomeida!

What's your source, your belly button? The deal is going down. Even Tom Taylor has switch out his daily radio pinata from Clear Channel to Cumulus.

 

[PSA_Man]

Re: David Eduardo says CC might have to sell entire Houston cluster. Your though

CC has zero interest in Univision. One of the CC buyers also has an interest in Cumulus and Univision.

There is speculation that CC may have to sell several or all of the Houston cluster.

Does this narrow or broaden the list of possible buyers? Will they all go to one purchaser, or will they be parcelled off nail-by-board? David, please explain to us why CC "may have to" sell. I'm sure a lot of people are interested in this information and how you came about it.

any reason why CC losing any cluster could be a bad thing???
listener would be the winners that is unless taken over by another one of the big boys corp.

 

[walter1]

Re: David Eduardo says CC might have to sell entire Houston cluster. Your though

CC has zero interest in Univision. One of the CC buyers also has an interest in Cumulus and Univision.

There is speculation that CC may have to sell several or all of the Houston cluster.

Does this narrow or broaden the list of possible buyers? Will they all go to one purchaser, or will they be parcelled off nail-by-board? David, please explain to us why CC "may have to" sell. I'm sure a lot of people are interested in this information and how you came about it.

any reason why CC losing any cluster could be a bad thing???
listener would be the winners that is unless taken over by another one of the big boys corp.

Who would buy the stations other than another one of the big boys? You think a single operator with two stations would have a snowballs chance in hell of competing in this market? Not likely, they'd get bulldozed. Hard to fight a cluster than can give you all you need with one stop shopping.

 

[PSA_Man]

Re: David Eduardo says CC might have to sell entire Houston cluster. Your though

CC has zero interest in Univision. One of the CC buyers also has an interest in Cumulus and Univision.

There is speculation that CC may have to sell several or all of the Houston cluster.

Does this narrow or broaden the list of possible buyers? Will they all go to one purchaser, or will they be parcelled off nail-by-board? David, please explain to us why CC "may have to" sell. I'm sure a lot of people are interested in this information and how you came about it.

any reason why CC losing any cluster could be a bad thing???
listener would be the winners that is unless taken over by another one of the big boys corp.

Who would buy the stations other than another one of the big boys? You think a single operator with two stations would have a snowballs chance in hell of competing in this market? Not likely, they'd get bulldozed. Hard to fight a cluster than can give you all you need with one stop shopping.

unfortunately... you are right!

 

[kendro]

Hey Kendomeida!

What's your source, your belly button? The deal is going down. Even Tom Taylor has switch out his daily radio pinata from Clear Channel to Cumulus.

Correct! My belly button... What's yours?
Don't worry, the IP traffic logs won't be used during the first housecleaning round.

 

[ShaneofTexas]

good riddance

 

[radioray]

Re: David Eduardo says CC might have to sell entire Houston cluster. Your though

"You think a single operator with two stations would have a snowballs chance in hell of competing in this market? Not likely, they'd get bulldozed. Hard to fight a cluster than can give you all you need with one stop shopping."

Jerry Lee is doing quite nicely in Philadelphia with WBEB, a stand alone FM. It certainly is difficult, but it also certainly can be done.