WPBS in Conyers has sold for $700,000. It sold in 2005 for $2,250,000. At that time, it was 12,000 watts daytime. Now it's 50,000 watts daytime.
The value of AM stations is based on population count inside the 2 mV/m contour.
WPBS has 1,714,021. 89,898 of that total are Asian. The buyer is paying 41 centers per person.
The new 1260 being moved in from Cartersville will have 1,069,599 in its 2 mV/m contour. Of that total, 35,467 are Asian; 93,620 are Hispanic and 609,823 are African American.
Meanwhile WQXI 790 just sold for $850,000. The buyer has been leasing WPBS. WQXI has 3,872,407 people in its 2 mV/m daytime contour. 221,061 are Asian. The buyer is paying only 22 cents per listener. FM translators which are secondary signals with a maximum allowed output power of 250 watts, meaning they can be bumped off the air if interference is caused to a full power FM, are bringing from 50 cents to $1 per person in the 60 dBu which is roughly the equivalent of the AM 2 mV/m contour.
If these two transactions are indicative of the value or large market AM signals with no revenue, FM translators are now bringing more than AM stations.
The value of AM stations is based on population count inside the 2 mV/m contour.
WPBS has 1,714,021. 89,898 of that total are Asian. The buyer is paying 41 centers per person.
The new 1260 being moved in from Cartersville will have 1,069,599 in its 2 mV/m contour. Of that total, 35,467 are Asian; 93,620 are Hispanic and 609,823 are African American.
Meanwhile WQXI 790 just sold for $850,000. The buyer has been leasing WPBS. WQXI has 3,872,407 people in its 2 mV/m daytime contour. 221,061 are Asian. The buyer is paying only 22 cents per listener. FM translators which are secondary signals with a maximum allowed output power of 250 watts, meaning they can be bumped off the air if interference is caused to a full power FM, are bringing from 50 cents to $1 per person in the 60 dBu which is roughly the equivalent of the AM 2 mV/m contour.
If these two transactions are indicative of the value or large market AM signals with no revenue, FM translators are now bringing more than AM stations.