Roy Henderson?
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La Calle on KTWL?
- Thread starter Mrtejano
- Start date
Roy Henderson?
Not even close. Just trying to sort through the hieroglyphic posts in these two threads to figure out what's really going on. Some of us are not IN HOUSTON, so we may not be familiar with names like "Hum FM" "Dabang" or "LaCalle". How is it possible to have 3 different simulcast / lease arrangements inside of a month? That's a little hard to believe, even for Roy Henderson.
KTBZ HD3 is what allegedly feeds K287BQ... even though the HD3 is about a minute behind the translator.
Your previous post was very critical, as you described the posts regarding the La Calle updates as, "Blather," almost as if these posters are being paid by you to describe the situations within guidelines you previously created (you even used, "Anything Else," to further my point). One could even go beyond the word "Critical" and use "Defensive," as if placing La Calle on KTWL was your idea. Why, or better yet who, would someone be upset with the description of these findings, or the criticism of these findings? Someone who works for Roy Henderson? Or, perhaps, the Roy Henderson?
Based on your reaction, I wouldn't say I'm far off by any means.
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AnyHuman
Guest
I bet It's just whoever can give Mr. Henderson the most money now. Texas Mix is probably only on 94.9 now and that's apparently low power.
Was silent for me at around 6:00 PM as well. Funny how K287BQ isn’t interfering with KTWL anymore...
I'm surprised he hasn't sold his Michigan stations yet (or turned in their licenses to the FCC; he did turn in one of his Michigan licenses last year). He bought his Michigan "flagship" for $3.8 million (by itself!) in 2001. I would be shocked if he was able to get $3.8 million for all of his stations combined in MI and TX
Nearly every station in America is worth, all other things being equal, between 25% and 30% of the "consolidation frenzy" years pricing.
So a station that went for $3.6 million (not $3.8 million) in 2001 belonging to any owner will now be worth between $1 million and $1.2 million.
A good example is 100.3 in LA, valued at $400 million on the books in a year 2000 transaction, which just sold for $57 million.
Except that what we are discussing here is not depreciation (the expensing of an asset over its useful life) but impairment. Many station owners, big and small, have taken impairment charges in recent years to adjust the book value of the license and goodwill to the level of reality.
"Goodwill impairment is a charge that companies record when goodwill's carrying value on financial statements exceeds its fair value. In accounting, goodwill is recorded after a company acquires assets and liabilities, and pays a price in excess of their identifiable value."
And...
"Under US GAAP and IFRS, goodwill is never amortized. Instead, management is responsible for valuing goodwill every year and to determine if an impairment is required."
In the present moment, with station buyers willing to pay only 5 to 6 times cash flow, and the increased competition to radio by new media, the goodwill and license value of a station have decreased and a station, to comply with standard accounting principles, must take the excess value off the books; there is no depreciation but, instead, a loss of the value of the station goodwill.
I was up in The Woodlands three weeks ago and could clearly hear KTWL in the mall parking lot. It was running Hum FM, not Radio Dabang as widely reported. I’m wondering if the intent was to expand the programming into Montgomery County, as the Hum FM signal on 106.1 doesn’t make it that far (I was hearing KZCC-LP out of Conroe on that frequency.)
Perhaps Hum FM determined no one was listening and cancelled the lease on KTWL.
Perhaps Hum FM determined no one was listening and cancelled the lease on KTWL.
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AnyHuman
Guest
It's probably a lot of money for KTWL's electric bill, and Hum didn't wanna pay.
Let's say that KRWL is running a 5 kw transmitter and a 4 bay antenna to get 9 kw ERP, H&V. That's going to be, including rack equipoment, AC and tower lights, about 8 to 10 kw hourly consumption in the months the AC runs harder. At around $0.13 per kw/h, that's a dollar to a $1.30 an hour for electricity, or around $750 a month in electric bills.
In other words, the electric bill was not the deal breaker.
I guess we are all left to wonder how after much fanfare, the Hum-FM on KTWL deal got torpedoed. Sure would love to get the backstory on this one!
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