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What's New with 1330-AM

aaronread said:
As for "sold to who", the answer is: the same people that bought radio stations back in the 1980's and early 1990's, back when you could buy a station in a small or medium market without needing a seven-figure loan just for the license, nevermind the first six months of operation. I think the aforementioned pressures to sell, coupled with a likely drastic cut in ad revenue, are going to drive down license prices so much that eventually someone will buy it because it'll make sense. Probably a pubradio or religious outfit; many of them are still doing decently well. At least for the moment.
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Considering that the federal government has bailed out the crooks in the banking and loan industries, maybe Congress will pass legislation bailing out some down-on-their-luck media giants whose stocks are worthless.

Religious outfits could afford to buy up more radio properties, which in my opinion would sink radio's audience even lower than it already is.

As for pubradio buying up more properties, remember those operations have to depend on grants and public donations. If the well is dry, I just don't see people handing over money during pledge drives or any other time soon if the economy continues to have cardiac arrest.
 
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