Does anyone know what is going on with the LMA at WIAU? I had someone ask the other day. I would have thought that after 18 months that the LMA would have expired or that Raven would actually OWN the station.
Just curious.
Just curious.
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WIAU ownership
- Thread starter Indy Radio Gal
- Start date
How much money can you loose during an LMA???
Raven is loosing money on WXLW and add the cash flow or lack of in Franklin to this.
Maybe they decided to exit the LMA with no purchase.
LMA - $20 grand a month (20 months? $400,000)
Purchase Price - $5 million dollars
Getting out now while you still have money - Priceless.
Raven is loosing money on WXLW and add the cash flow or lack of in Franklin to this.
Maybe they decided to exit the LMA with no purchase.
LMA - $20 grand a month (20 months? $400,000)
Purchase Price - $5 million dollars
Getting out now while you still have money - Priceless.
S
spark gap
Guest
ChiefEngineer said:How much money can you loose during an LMA???
Raven is loosing money on WXLW and add the cash flow or lack of in Franklin to this.
Maybe they decided to exit the LMA with no purchase.
LMA - $20 grand a month (20 months? $400,000)
Purchase Price - $5 million dollars
Getting out now while you still have money - Priceless.
Loose is what your shoes are if you don't tie them
Lose and losing is what the Byrds are doing.
Thannk yyou ffor poointing thhis oout ffor mme. Soomeoone toold mee myy keeys weere stiicking.
ChiefEngineer said:How much money can you loose during an LMA???
Raven is loosing money on WXLW and add the cash flow or lack of in Franklin to this.
Maybe they decided to exit the LMA with no purchase.
LMA - $20 grand a month (20 months? $400,000)
Purchase Price - $5 million dollars
Getting out now while you still have money - Priceless.
Say, who's that snake-oil salesman on the other side of the LMA agreement?
Was there a broker listed on the deal?
pastor hood is still the owner.
This was an uphill battle from the start. I still think the best option is Southern Gospel on WXLW.
Ofcourse IMUS is looking for a new broadcast outlet.
pastor hood is still the owner.
This was an uphill battle from the start. I still think the best option is Southern Gospel on WXLW.
Ofcourse IMUS is looking for a new broadcast outlet.
ChiefEngineer said:pastor hood is still the owner.
The people leasing the station are losing thousands of dollars by the month. The station's owner's name is hood. Hmmm.
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