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Is?

Is an AM station with 300 watts nightime and 1000 watts daytime and a full class c fm in the Las Vegas radio market really worth 15.25 million? Just Asking?
 
Everyone always seems to overpay for stations in Las Vegas.....Beasley bought KBET for $2.5 million and paid a total of $113.5 million for the 6 station deal with Centennial in 2000 (3 vegas stations and 3 in new orleans). If you broke out the individual value of each station in the later deal, you have to figure at least $65-70 million of that purchase price would be for the Vegas cluster.....making their investment for KCYE (which was KJUL at the time) somewhere between $20-25 million. Looking at what they paid vs. what they are selling these stations for.....Beasley is losing $7-10 million dollars on these properties (+what they may have lost in operating cost over the last 10 years). Vegas has not been good to Beasley (and many would argue that Beasley has not been good to the Vegas radio market either)
 
True...You constantly need to market your product...They are so lucky to have Larry Martino at KKLZ. That station is on fire! They would have even better ratings success if they spent money on it. With one key addition from KWNR, and a few marketing dollars, Coyote would have driven them out of the format. They have one talent in the building and don't use him properly. If Coyote ever gets their music right, KWNR is done....But we are talking about Beasley, aren't we? They must be scared of success. Good thing they still have Rick Kelly.
 
Most country stations play very similar music. Nationally, there is probably less musical variation between country stations than any other format. KWNR and KCYE are very close musically. The main difference recently is that COYOTE was playing one classic an hour. I noticed this week it's down to around one per daypart. KCYE also seems to be playing more 90s country than they used to.
 
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