• Get involved.
    We want your input!
    Apply for Membership and join the conversations about everything related to broadcasting.

    After we receive your registration, a moderator will review it. After your registration is approved, you will be permitted to post.
    If you use a disposable or false email address, your registration will be rejected.

    After your membership is approved, please take a minute to tell us a little bit about yourself.
    https://www.radiodiscussions.com/forums/introduce-yourself.1088/

    Thanks in advance and have fun!
    RadioDiscussions Administrators

Greenburg sells KMAS-FM

N

NwzAir

Guest
KMAS-AM/Shelton
PRICE: $725,000
TERMS: Asset sale for cash

BUYER: Olympic Broadcasting/President Dale Hubbard/ owns no other stations
SELLER: Sound Broadcasting/President Harold Greenberg.

FREQUENCY: 1030 kHz
POWER: 10kw day/1kw night
FORMAT: Full Service

COMMENT: A $100,000 cash down payment at closing (including an $10,000 earnest money deposit)
A $575,000 deferred payment note plus a $50,000 promissory note
as a noncompete payment also included in the terms of this deal.
 
> KMAS-AM/Shelton
> PRICE: $725,000
> TERMS: Asset sale for cash
>
> BUYER: Olympic Broadcasting/President Dale Hubbard/ owns no
> other stations
> SELLER: Sound Broadcasting/President Harold Greenberg.
>
> FREQUENCY: 1030 kHz
> POWER: 10kw day/1kw night
> FORMAT: Full Service
>
> COMMENT: A $100,000 cash down payment at closing (including
> an $10,000 earnest money deposit)
> A $575,000 deferred payment note plus a $50,000 promissory
> note
> as a noncompete payment also included in the terms of this
> deal.
> Congrats to both!!

Harolds a good radio guy, his son Gary works a Fisher Radio, and Dale has paid his dues for many years. Started on air at KGHO Hoquiam in the 70's, worked at KTAC in Tacoma for Harold, and I last heard him on, I believe Warm 107, but Dale you can fill in the blanks.
Good luck to both!!!!
MINI
 
> KMAS-AM/Shelton
> PRICE: $725,000
> TERMS: Asset sale for cash
>
> BUYER: Olympic Broadcasting/President Dale Hubbard/ owns no
> other stations
> SELLER: Sound Broadcasting/President Harold Greenberg.
>
> FREQUENCY: 1030 kHz
> POWER: 10kw day/1kw night
> FORMAT: Full Service
>
> COMMENT: A $100,000 cash down payment at closing (including
> an $10,000 earnest money deposit)
> A $575,000 deferred payment note plus a $50,000 promissory
> note
> as a noncompete payment also included in the terms of this
> deal.
>
That's a pretty good price for a station reported to be doing $30K per month. Nice to see a newcomer - not a subsidiary of CCU or Millcreek. Good luck Mr. Hubbard.
 
> KMAS-AM/Shelton
> PRICE: $725,000
> TERMS: Asset sale for cash
>
> BUYER: Olympic Broadcasting/President Dale Hubbard/ owns no
> other stations
> SELLER: Sound Broadcasting/President Harold Greenberg.
>
> FREQUENCY: 1030 kHz
> POWER: 10kw day/1kw night
> FORMAT: Full Service
>
> COMMENT: A $100,000 cash down payment at closing (including
> an $10,000 earnest money deposit)
> A $575,000 deferred payment note plus a $50,000 promissory
> note
> as a noncompete payment also included in the terms of this
> deal.
>
Congratulations Dale, from the folks in neighboring Grays Harbor! It's good to see someone making this kind of commitment to keeping local radio in local hands!
 
Harold is a real pro and will be sorely missed in the industry! He is one of the few real radio guys left, and kept KMAS live and local when so many others have gone a different route. You got a great property Dale...good luck!
 
> > KMAS-AM/Shelton
> > PRICE: $725,000
> > TERMS: Asset sale for cash
> >
> > BUYER: Olympic Broadcasting/President Dale Hubbard/ owns
> no
> > other stations
> > SELLER: Sound Broadcasting/President Harold Greenberg.
> >
> > FREQUENCY: 1030 kHz
> > POWER: 10kw day/1kw night
> > FORMAT: Full Service
> >
> > COMMENT: A $100,000 cash down payment at closing
> (including
> > an $10,000 earnest money deposit)
> > A $575,000 deferred payment note plus a $50,000 promissory
>
> > note
> > as a noncompete payment also included in the terms of this
>
> > deal.
> > Congrats to both!!
>
> Harolds a good radio guy, his son Gary works a Fisher Radio,
> and Dale has paid his dues for many years. Started on air
> at KGHO Hoquiam in the 70's, worked at KTAC in Tacoma for
> Harold, and I last heard him on, I believe Warm 107, but
> Dale you can fill in the blanks.
> Good luck to both!!!!
> MINI
>
Dale worked at KASY in Auburn for so many years. I grew up listening to him. I'm glad he's getting a chance to own his own station. Good luck Dale!!!!
 
> > > KMAS-AM/Shelton
> > > PRICE: $725,000
> > > TERMS: Asset sale for cash
> > >
> > > BUYER: Olympic Broadcasting/President Dale Hubbard/
> owns
> > no
> > > other stations
> > > SELLER: Sound Broadcasting/President Harold Greenberg.
> > >
> > > FREQUENCY: 1030 kHz
> > > POWER: 10kw day/1kw night
> > > FORMAT: Full Service
> > >
> > > COMMENT: A $100,000 cash down payment at closing
> > (including
> > > an $10,000 earnest money deposit)
> > > A $575,000 deferred payment note plus a $50,000
> promissory
> >
> > > note
> > > as a noncompete payment also included in the terms of
> this
> >
> > > deal.
> > > Congrats to both!!
> >
> > Harolds a good radio guy, his son Gary works a Fisher
> Radio,
> > and Dale has paid his dues for many years. Started on air
>
> > at KGHO Hoquiam in the 70's, worked at KTAC in Tacoma for
> > Harold, and I last heard him on, I believe Warm 107, but
> > Dale you can fill in the blanks.
> > Good luck to both!!!!
> > MINI
> >
> Dale worked at KASY in Auburn for so many years. I grew up
> listening to him. I'm glad he's getting a chance to own his
> own station. Good luck Dale!!!!
>
Is the Dale you all refer to, Mr Hubbard, one of the morning guy's on KMAS? If so I'm relieved that KMAS will remain local and get even better. We are very lucky to have a AM treasure here in the NW like KMAS. Thanks Mr. Greenberg too, I've heard from people all over our country, and there are very few live and local stations like KMAS left in this country. I hope KMAS, which is already good gets even better.
 
> > > KMAS-AM/Shelton
> > > PRICE: $725,000
> > > TERMS: Asset sale for cash
> > >
> > > BUYER: Olympic Broadcasting/President Dale Hubbard/
> owns
> > no
> > > other stations
> > > SELLER: Sound Broadcasting/President Harold Greenberg.
> > >
> > > FREQUENCY: 1030 kHz
> > > POWER: 10kw day/1kw night
> > > FORMAT: Full Service
> > >
> > > COMMENT: A $100,000 cash down payment at closing
> > (including
> > > an $10,000 earnest money deposit)
> > > A $575,000 deferred payment note plus a $50,000
> promissory
> >
> > > note
> > > as a noncompete payment also included in the terms of
> this
> >
> > > deal.
> > > Congrats to both!!
> >
> > Harolds a good radio guy, his son Gary works a Fisher
> Radio,
> > and Dale has paid his dues for many years. Started on air
>
> > at KGHO Hoquiam in the 70's, worked at KTAC in Tacoma for
> > Harold, and I last heard him on, I believe Warm 107, but
> > Dale you can fill in the blanks.
> > Good luck to both!!!!
> > MINI
> >
> Dale worked at KASY in Auburn for so many years. I grew up
> listening to him. I'm glad he's getting a chance to own his
> own station. Good luck Dale!!!!
>
 
Belated response to sale, but I wanted to acknowledge the kind words of encouragement and congratulations. I am looking forward to fulfilling one of the last two things left to do in Radio. (the other is engineering, and I ain't goin' there!)

Stay in touch all

[email protected]

> > > KMAS-AM/Shelton
> > > > PRICE: $725,000
> > > > TERMS: Asset sale for cash
> > > >
> > > > BUYER: Olympic Broadcasting/President Dale Hubbard/
> > owns
> > > no
> > > > other stations
> > > > SELLER: Sound Broadcasting/President Harold
> Greenberg.
> > > >
> > > > FREQUENCY: 1030 kHz
> > > > POWER: 10kw day/1kw night
> > > > FORMAT: Full Service
> > > >
> > > > COMMENT: A $100,000 cash down payment at closing
> > > (including
> > > > an $10,000 earnest money deposit)
> > > > A $575,000 deferred payment note plus a $50,000
> > promissory
> > >
> > > > note
> > > > as a noncompete payment also included in the terms of
> > this
> > >
> > > > deal.
> > > > Congrats to both!!
> > >
> > > Harolds a good radio guy, his son Gary works a Fisher
> > Radio,
> > > and Dale has paid his dues for many years. Started on
> air
> >
> > > at KGHO Hoquiam in the 70's, worked at KTAC in Tacoma
> for
> > > Harold, and I last heard him on, I believe Warm 107, but
>
> > > Dale you can fill in the blanks.
> > > Good luck to both!!!!
> > > MINI
> > >
> > Dale worked at KASY in Auburn for so many years. I grew
> up
> > listening to him. I'm glad he's getting a chance to own
> his
> > own station. Good luck Dale!!!!
> >
>
 
Status
This thread has been closed due to inactivity. You can create a new thread to discuss this topic.


Back
Top Bottom