M
MediaMogul
Guest
Arkansas
KDXE-AM/North Little Rock
PRICE: $350,000
TERMS: Asset sale for cash
BUYER: Simmons Media Group, headed by President G Craig Hanson. Phone: 801-524-2600. It owns 23 other stations. This represents its entry into the market.
SELLER: AM1380 LLC, headed by VP Arlen Horn. Phone: 501-221-1380
FREQUENCY: 1380 kHz
POWER: 5kw day/3kw night
FORMAT: Sports
BROKER: BuySellRadio Online Inc.
COMMENT: The total amount is payable in cash at closing and includes a $17,500 escrow deposit.
This group has been buying up standalone AMs everywhere using ESPN Radio... i am guessing they sell their own national advertising to go on all their stations. I wouldn't expect much of an impact....
KDXE-AM/North Little Rock
PRICE: $350,000
TERMS: Asset sale for cash
BUYER: Simmons Media Group, headed by President G Craig Hanson. Phone: 801-524-2600. It owns 23 other stations. This represents its entry into the market.
SELLER: AM1380 LLC, headed by VP Arlen Horn. Phone: 501-221-1380
FREQUENCY: 1380 kHz
POWER: 5kw day/3kw night
FORMAT: Sports
BROKER: BuySellRadio Online Inc.
COMMENT: The total amount is payable in cash at closing and includes a $17,500 escrow deposit.
This group has been buying up standalone AMs everywhere using ESPN Radio... i am guessing they sell their own national advertising to go on all their stations. I wouldn't expect much of an impact....