which company be interested in buying 105.9

[captex]

which company be interested in buying 105.9, since aloha trust is holding the channel for clear channel to sale. i believe clear channel and univision have interests in each other companies, when univision bought out a second radio station in austin. they forced clear channel to sale one of thier fm stations 105.9 (which hasn't been sold) likely companies your quess is a good as mine.

emmis-propably has enough stations in austin. cumulus-i dont know
univision- has interests in clear channel. local company-maybe not
entercom -maybe. religious company
entravision-? does univison have any interests in entravision. the company who owns estrella tv, i forgot
border media- no. they're name
simmons media-have been saleing stations off.
citadel-no

 

[davideduardo]

i believe clear channel and univision have interests in each other companies,

Long ago, when Clear Channel was public and HBC was a separate and also public radio company, Clear owned some HBC shares.

Today, the only issue is that private equity companies may own parts of a number of broadcast stations. When Clear went private, they had to sell some stations, but none in Austin (Cincinnati, Houston, Las Vegas and San Jose properties had to be sold)

 

[DominiqueRadio]

Don't forget also a company that has no presence in the market could decide to up and buy it.

It is a decent signal, I'm sure someone will pick it up.

 

[wild949austin]

105.9 is a good frequency, the station can be picked up as far south as Seguin and as far north as Florence. So who knows.

 

[intx]

Entercom has always been the one I've thought would be the most logical. But ... this is the radio industry, where being logical is frowned upon.

 

[Blacknight]

Entercom has always been the one I've thought would be the most logical. But ... this is the radio industry, where being logical is frowned upon.

Remember back in the Winter of '07 when Entercom sold the 104.3 signal to Univision because they believed that Entercom did not need four radio stations and just want to have 3, despite the format on 104.3 at that time was doing well in ratings and revenue.

 

[Kent]

Remember back in the Winter of '07 when Entercom sold the 104.3 signal to Univision because they believed that Entercom did not need four radio stations and just want to have 3, despite the format on 104.3 at that time was doing well in ratings and revenue.

Entercom's sales staff couldn't sell 104.3, and they couldn't find a format they thought had a chance of working on that stick. So, they sold it. I could see them picking up 105.9 because it's right in the center of town and covers more of the Austin market than 104.3 did. The question, however, is whether they'd want to pay Clear Channel's price. Clear Channel hasn't sold very many of the stations parked in the Aloha Trust, and there's a reason for that.

By the way, Citadel has also had a similar problem unloading many of the stations it parked in the Last Bastion Trust. So, it's definitely not a problem unique to Clear Channel.

 

[MisterRadio]

i believe clear channel and univision have interests in each other companies,

Long ago, when Clear Channel was public and HBC was a separate and also public radio company, Clear owned some HBC shares.

Today, the only issue is that private equity companies may own parts of a number of broadcast stations. When Clear went private, they had to sell some stations, but none in Austin (Cincinnati, Houston, Las Vegas and San Jose properties had to be sold)

Not so. Clear Channel did have to sell an Austin station, which is why 105.9 is technically now owned by Aloha Trust....and I understand that it was just SOLD to Christa Broadcasting in Seattle who will be getting the River Format. Remains to be seen what they do with it.

 

[fredcantu]

Crista appears to be a K-Love style non-comm.

http://www.crista.org/broadcasting/

That limits the format possibilities considerably.

 

[intx]

And ... Crista's only stations right now are in Seattle. Weird.

 

[amisdead]

Crista appears to be a K-Love style non-comm.

That's not correct. Crista operates 3 stations in Puget sound. They all are staffed and programmed differently. And all three are commercial.

I don't know where Mister got his information or if the deal is finalized, but Crista is a competent, local radio company. Their good folks and they do good local radio.

I'm skeptical, but if the rumor is true, then the format would definitely be Christian AC, probably closer to where The River was a few years ago than today.

Here is a link to Crista's Christian AC station http://www.spirit1053.com/. Take a listen for yourself.

 

[davideduardo]

Not so. Clear Channel did have to sell an Austin station, which is why 105.9 is technically now owned by Aloha Trust....and I understand that it was just SOLD to Christa Broadcasting in Seattle who will be getting the River Format. Remains to be seen what they do with it.

Aloha did not buy any stations. Clear put a number of stations in trust which might or might not have to be sold under various regulatory situations. Some are coming back into the fold, others may still be sold.

The ones that had to be sold were the ones specified by the DOJ (SJ, LV, Hou, Cincy). The rest were more in the "what if" category... and were put in a trust that is owned but in theory not operated by Clear.

In a similar case, CBS knew it would have to get rid of a station in LA. They hoped that rules might change, but they have not and so, before being forced to take a bath on the value of a station in a buyers' market, they put KFWB in a trust. And a similar issue, TV only, is that with NBC Universal's ownership of 3 TVs in the LA DMA, so one is being sold as it looks like the ownership of three will be an obstacle to the sale of NBC.

 

[fredcantu]

That's not correct. Crista operates 3 stations in Puget sound. They all are staffed and programmed differently. And all three are commercial...

Here is a link to Crista's Christian AC station http://www.spirit1053.com/. Take a listen for yourself.

Their crista.org web site clearly says donations to Crista are tax deductible. It's not unusual for a non-comm to run commercial stations through some creative accounting.

 

[Tower Erection]

Who would buy 105.9? Only a fool because Aloha/CC has the most Ridiculous prices for their properties. Way over market value.
Most brokers agree that stations are worth today $2 per person covered, Maybe $3 in a real large market(Austin is still small market radio). That would mean that an honest asking price would be $2.6 million. Queer Channel probably wouldn't take less than $6 million for this thing or maybe even more, so I see it on the sales block for a long time. 8)

 

[dallasboyz]

austin is in the top 40 markets. thats not small market radio. I believe its 38 or 39.

 

[amisdead]

austin is in the top 40 markets. thats not small market radio. I believe its 38 or 39.

Austin is currently 38 and will likely move up to 36 in the next year or two. I don't have the link to the classifications, but I think Austin would be considered a medium market.

 

[MisterRadio]

My information came from someone inside CC Austin who shall remain nameless. There was a quick all staff meeting shortly after the frequency switch in which the staff was told that Christa had purchased 105.9 and my understanding is they take control of it in a few weeks. I also know that after the Bain Capital/Mays Boys privatization, the staff was told that 105.9 had to be sold in order to satisfy ownership limits that were no longer grandfathered in. Not long after, 105.9 (which was already running jockless) was moved out of its "air studio" into a small voice tracking room and the air studio became a production/tracking studio, the reason being that when the eventual sale went through, they didn't want to lose the nice digital board and furniture in the big room. Instead they would hand over the old and tiny Audioarts board and cheap closet type furniture. I think they even pulled stuff out of the remote van so the wouldn't have to lose that.

 

[JimmyATX]

Details have emerged...

http://austin.bizjournals.com/austin/stories/2010/06/07/daily43.html

 

[intx]

They have about half the details right. Someone should tell the ABJ that 105.9 switched to The River a few days ago ...

 

[willdav713]

which company be interested in buying 105.9, since aloha trust is holding the channel for clear channel to sale. i believe clear channel and univision have interests in each other companies, when univision bought out a second radio station in austin. they forced clear channel to sale one of thier fm stations 105.9 (which hasn't been sold) likely companies your quess is a good as mine.

emmis-propably has enough stations in austin. cumulus-i dont know
univision- has interests in clear channel. local company-maybe not
entercom -maybe. religious company
entravision-? does univison have any interests in entravision. the company who owns estrella tv, i forgot
border media- no. they're name
simmons media-have been saleing stations off.
citadel-no

At first I thought Salem Broadcasting due to their huge presence of Religious/Family oriented programming. But it is some smaller company "Christa" out of Washington state who owns nothing but Christian stations who bought 105.9 well sale is pending FCC approval for now.

Oh and Entravision is Univision (the radio division of Univision formally Hispanic Broadcasting Corporation)

Simmons did all the ESPN programming.
citadel (formally Satellite Music Network owners of Z-Rock and The Touch) does satellite broadcasting for various networks such as BMP's True Oldies. They don't own many of the radio stations they broadcast on.
Emmis would have to sell a station to buy 105.9.
Estrella is owned by Liberman Broadcasting, Liberman usually buys chunks of stations.
Cumulus wouldn't buy just one station, either. They would have to set up shop here