Rumors of CBS Sale...

[ChocoMingo]

This was from the rumor that CBS may sell their stations with no TV possibility (anything can happen, as it's a rumor) in the national forum. As CBS Radio in Orlando has no TV partner, it could be next. They currently own Adult Top 40 Mix 105.1, CHR/Top 40 AMP Radio, and Classic Hits Sunny 105.9. A sale to Salem, EMF, or Z88 is a suicide move, so let's not let that happen. Please don't. Who would acquire those stations?

iHeart has all the station's rivals, Magic 107.7 vs. Mix, XL 106.7 vs. AMP, and Real Radio 104.1 vs. Sunny (only weekends, only classic rock music). Same goes for Cox, Power 95.3 vs. AMP and 98.9 WMMO vs. Mix and Sunny.

Could we see Beasley enter the Orlando market? Like I said, anything could happen. What's certain is that either way, 101.9 AMP Radio will switch back to 102 JAMZ ) Everybody will be happy, IMO) , as CBS has the rights to AMP Radio.

But if Beasley gets all the CBS Radio stations (excluding TV, and get back WPOW-FM), then they will have the rights to AMP Radio, and B103.9 in SWFL will become 103.9 AMP Radio, and then Beasley will become the 3rd biggest station owner. Beasley, now that's what I call from rags (only a handful of stations) to riches (lots of them)!!!

 

[TheBigA]

What has hurt the chances of CBS selling (or trading, which is what they did with Beasley in Tampa) is the fact that Beasley has had financial problems with the CBS stations. Let's face it, a big NYC TV-radio company operates with different economies than a smaller radio-only company. Citadel and Cumulus discovered that with the ABC Radio purchase. Other companies who've purchased stations from CBS, such as the now-bankrupt Regent and Wilks (who have sold off half of their CBS stations), have also realized this. So the story now is that the phone isn't ringing as loudly as it once was at CBS.

 

[Kent]

If Beasley were getting CBS Orlando, I would've thought they'd have done that last year as part of the Philadelphia and Miami swap for Tampa and Charlotte.

While radio operators talk to each other constantly, I wouldn't expect to see a deal coming straight out of the ether for the CBS Orlando properties. Swaps are really pretty rare, and, while CBS probably would exit Orlando, Hartford and Las Vegas, it won't do so unless it gets exactly what it wants. Despite 101.9's recent problems, that cluster prints a good chunk of money, and no one has much incentive to unload something profitable.

 

[ok walters]

If Beasley were getting CBS Orlando, I would've thought they'd have done that last year as part of the Philadelphia and Miami swap for Tampa and Charlotte.

While radio operators talk to each other constantly, I wouldn't expect to see a deal coming straight out of the ether for the CBS Orlando properties. Swaps are really pretty rare, and, while CBS probably would exit Orlando, Hartford and Las Vegas, it won't do so unless it gets exactly what it wants. Despite 101.9's recent problems, that cluster prints a good chunk of money, and no one has much incentive to unload something profitable.

Only issue with waiting to get "exactly what it wants" is that the value of the station is not going up or even holding steady - it is dropping over time like almost all other radio properties. Look at the debt situations of almost all major broadcasters who are upside down on their portfolios. You want to get into that mess?