wsbx am 1020

[Poledo]

Here's a Link that'll explain this new format: http://www.headbangerscrew.com/

Head Banger Screw ???

Sounds more like a porn site than a radio station format... unless it's a weekly late night show on the Valdosta State student radio station... then it could be both!

I guess I'll never understand Mexican Head-Banger culture... I knew head-banging heavy metal music was big in Brazil, but I had no idea it thrived in South West Georgia. Since WSBX is off the air, maybe someone else with grab this format and run wild with it. :

 

[Louis_009]

This topic keep going and going and going about WSBX-AM 1020 Thomasville Ga we countine on this case as this topic becomes a old school classtic topic We now return to our WSBX-AM 1020 topic.

Louis: Still have no clue about this spanish radio thing if WSBX-AM 1020 returns in 2011?

We allready have a spanish radio station on AM dail on WTCL-AM 1580 from
Chattahoochee Florida.....

Speaking of spanish people in the Quincy Florida and Gadsden County area what about ESPN Deportes? if they like sports
(Just Saying) I am not sure how many mexican people in the north florida area.....

 

[Goat Rodeo Cowboy]

Head Banger Screw ???

Sounds more like a porn site than a radio station format...

Yeah, I pondered that also. Then I concluded it might also be: Headbangers Crew. Sounds rowdy, but may not so pornographic.

 

[Louis_009]

So when will WSBX-AM 1020 will return on the air? I know u guys if u do still working on unfinish stuff to get the station back on the air on the facebook it's said WBSX will return in early 2011...

 

[secondchoice]

If I were to buy or buy into a station, I would be dealing with a knowledgeable professional, not shopping on Craigslist.

Some times you can find some one who does not know the value of what they have. Then you bring in some pros and make $$. I can think a couple of deals were some serious $$ was made. Lawyers sometimes do a poor job of checking the values of assets in an estate or a bankruptcy. Then again, Craigslist has some scams. Be careful. Buy local. Triple check everything!

 

[Poledo]

I don't know how to use Craigslist, so I don't know how to look it up... but there is supposed to be a LPFM in the West Pensacola/Orange Beach area listed on there. More info is posted on the Alabama board. I also believe an AM in Marks, MS (?) was listed on Ebay about 5 years back... the license has since been deleted.
If these people use a broker to purchase these stations why aren't they smart enough to use one to sell them?

 

[Goat Rodeo Cowboy]

Are you familiar with the concept some people express: "A penny is of such little value it's worth the energy to stoop over and pick it up if you find it on the sidewalk."

Brokers can spend their time trying to sell a $1,000,000 station and make a really nice commission. Or they can spend the same amount of time (and advertising expense) trying to sell a $100,000 station and make only peanuts. It's like picking up a penny on the sidewalk.

Some people put their station on Craig's list or some other non-traditional listing because no reputable broker will touch the crappy station with a 10 foot pole.

By the way, technically, the FCC rules do not permit the sale of an LPFM. When they wrote the rules they must have assumed that any not-for-profit organization that they would grant a license to for an LPFM would be here and be viable for the next 1,000 years so there is no need to every transfer or sell one.

Control of LPFMs does some times change. And apparently the intention of the FCC is that control of the Not-For-Profit corporation may change, but the station stays with that same corporation.

If you find an LPFM on Craig's list or other vehicle of that type, make sure you have a communications lawyer involved or you may be buying the modern day version of the Brooklyn Bridge scam.

 

[jmtillery]

Moreoften the reason a licensee elects to sell a station without the assistance of a broker is because the licensee believes they can do a better job in finding a qualified buyer resulting in saving a brokerage commission.

What the licensee fails to realize in using this strategy is the broker brings a tremendous amount of credibility to the station sales process. The broker brings many valuable resources to the overall sales process and has the industry contacts which includes qualified buyers and financing sources that the licensee more often does not have. Brokers bring together buyers and sellers of various size stations, markets and selling prices regularly and spends a great deal of time negotiating with prospective buyers to get the absoulute best price and terms while 'weeding out the metaphoric "tire kickers". Brokers pre-qualify prospective station buyers and in essence performs all the "leg work" as well as pay attention to all the "little" details that an inexperienced licensee most often will miss during the qualifying phase.

Let me qualify what I mean by "inexperienced licensee". Quite simply the licensee may very well be highly experienced in operating a successful radio station; However, many are inexperienced in dealing with and negotiating all phases of a media property sales transaction. In many cases what the licensee does not realize is the licensee is actually saving time and financial resources by engaging the services of an experienced, qualified broker who frees the licensee to continue operating the station in question normally while the broker is negotiating with prospective buyers and is "putting the deal together" on behalf of the licensee.

Lastly, unless the broker actually sells the station, the broker has not earned a commission; Hence the licensee has nothing to lose and has everything to gain by engaging the services of a competent, experienced media broker.

 

[Bengalsfan]

Lastly, unless the broker actually sells the station, the broker has not earned a commission; Hence the licensee has nothing to lose and has everything to gain by engaging the services of a competent, experienced media broker.

A broker can also sniff out and eliminate tire kickers and people who are no way qualified to run and operate a radio station. Which is pretty much how this station got into the pickle it finds itself in now.

 

[jmtillery]

A broker can also sniff out and eliminate tire kickers and people who are no way qualified to run and operate a radio station.

You are absolutely correct. And believe me I earn every penny of my commission anytime I sell a station because, for one thing among many others, I pre-qualify any interested parties before I disclose any information to a prospective buyer. This saves the licensee or seller much potential grief later on down the road.

As part of my firm's confidentiality policy, I always require a prospect to sign a legally binding non-disclosure agreement in addition to providing sources of financial ability to close the deal. This form does not legally obligate an entity or person to acquire the station; However, it does give me as the broker, and the licensee as the seller, confidence we are dealing with a real prospective buyer instead of the proverbial tire-kicker.

Financial verification is usually in the form of Letters of Credit from a commercial bank, or other financial sources, with a a bank representative contact name whom I can contact and verify the funds are available. If either of these items are missing from the beginning, I discontinue all talks with the "prospect" until such time an NDA and Letter of Credit is provided. Again, by using a competent and professional media broker, a Seller adds much credibility to the transaction.

 

[Bengalsfan]

Last week, I shared the Craigslist ad to a friend of mine down in south Georgia who's thinking about acquiring a few more stations. He emailed them asking for the usual stuff, current billing and expenses. What staff, if any, will come with the station along with any real property that's included in the deal and additional pictures of the facilities. Naturally, they have not responded. I had already told him the state the station was in. He said he wanted to find out just how serious they are about selling it. It appears they are not too serious about it since they have someone who is actually interested in talking to them about it and they haven't responded yet.

 

[ricksegers]

I have been amazed at the amount of attention this little operation has garnered here and on the Florida boards. It's a nothing going no where and yet has more than 7 pages of comments (this time around) of people wondering and questioning what is going on. All that's really happening (and yes by posting this I am guilty) is we are feeding someone's sought after 15 minutes.

 

[jmtillery]

The station and market size has very little to do with the discussions regarding WSBX. The overall station activity, or lack thereof, has intrigued a few people due to the unigueness and unusual business practices that have transpired over the past two years. The same interest would hold true, given the same set of circumstances, whether we are talking about WABC New York or WSBX Ochlocknee, Georgia.

 

[HGR1290]

The station and market size has very little to do with the discussions regarding WSBX. The overall station activity, or lack thereof, has intrigued a few people due to the unigueness and unusual business practices that have transpired over the past two years. The same interest would hold true, given the same set of circumstances, whether we are talking about WABC New York or WSBX Ochlocknee, Georgia.

Nicely put!

 

[taylorengineer]

I personally miss, "The Woody Nelson Show." (Make sure you visit his site and vote to put Woodyville programming on Sirius/XM.)
Back in the day, you were almost required to be a "character" to get a FCC license. One of the reasons radio has become so stale is because there are too few "interesting/eccentric personalities" in radio ownership/management.

 

[Witchlover]

Woody might not think so, but I like the guy and I am pulling for him to be successful with whatever it is he is doing. That's just it: I'm at a loss to understand what that might be.

 

[Louis_009]

Any News about WSBX-AM 1020 return on the air yet? Thier Facebook said early 2011 they posted the last update was back in Dec. 2010.....

 

[radioboy]

Louis,

I wouldn't get my hopes up too much about this station.

Especially if/when the FCC discovers that the STA filed in Dec. 2008 that they "dismissed"
didn't seem to matter - that station has been silent for at least two years. And I see the FCC has started deleting licenses during January. 1560 in Daleville, Alabama - silent since July 2009 - deleted. As are several others now.

 

[Louis_009]

Thanks Alan for the info I was reading on thier facebook saying WSBX coming back in early 2011 I guess that not ture whoever put that on thier facebook.

 

[radioboy]

At least WSBX's license has not been deleted yet. Maybe it can be salvaged.