SANDUSKY SELLS TO HUBBARD FOR $85.5 Million

[spotschlepper]

http://www.fortmilltimes.com/2013/07/16/2824494/hubbard-radio-llc-announces-agreement.html

 

[Mike Brewer]

Wow...they got themselves a STEAL!!

Look for "Bonneville Lite" to fill out their new cluster in the next month or 2...

 

[Steenman]

Yeah one more FM station and they have a full compliment is that right? Hypothetically, how cool would it be if there was a music driven female focused single FM station available in the market in the next few months to round things out. Or maybe an oldies station...

 

[fordranger797]

I wonder if the new managment will try anything different with KIXI 880 and KKNW 1150..

 

[Bongwater]

Damn. Has this been one action packed summer of ownership changes or what?

 

[only1moore]

Personally, I don't see Hubbard changing the status quo since KQMV, KRWM and KLCK seem to be doing well ratings wise.

 

[IndigoCoyote]

Well, two out of three, anyway. Isn't Click kind of a dog in the book?

 

[ZooMan7777]

KRWM isn't exactly "heating" up the Arbs either. KPLZ is consistently handing them their butt. I see some personnel changes in the near future on both KLCK and KRWM.

 

[Bongwater]

Personally, I don't see Hubbard changing the status quo since KQMV, KRWM and KLCK seem to be doing well ratings wise.

Which surprised me most of all, as Mike Brewer mentioned: On TOP of having a number one (or very well rated) station in nearly every big demo actually listening on PPM, was they sold it all for what amounts to chump change for Bill Gates.

I expected something like at LEAST $200 ML for an outfit like this. Or at least (you'd think), next to the KOMO and the, remaining, KING empire would be SLIGHTLY sold for at least something (or CLOSE TO) as good?

Seattle seems to be a hot property right now.

But I think this more accurately describes the actual state of corporate radio than any rant I could EVER come up with. And this is the TRUTH.....It's getting CHEAP.

And values WILL go DOWN. A few spikes, But no BIG trend.....

 

[notalent]

Radio is fast becoming the Walmart of media.

Soon the only one in the building will be some retired greeter in a blue vest.

 

[allycat]

I can't see any big personnel changes at KWRM anytime soon; they did that last fall.