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WXRV-FM 92.5 - Selling Price

J

jetman71

Guest
Here's a question I would like to throw out to those that might be willing to provide their thoughts. What do you think the price would have to be to get the fellow that owns the license for WXRV-FM 92.5 to sell it?
 
Judging that they have great coverage in Boston I am will to take a guess of at least 100+ million dollars. If you win powerball you might be able to buy it if the owner is willing to give it up.



----------------
-OZ
The Impulse
91.5 WWLR
lyndonville, VT
thurs 9-noon (starting 1/19)

> Here's a question I would like to throw out to those that
> might be willing to provide their thoughts. What do you
> think the price would have to be to get the fellow that owns
> the license for WXRV-FM 92.5 to sell it?
>
 
> Judging that they have great coverage in Boston I am will to
> take a guess of at least 100+ million dollars. If you win
> powerball you might be able to buy it if the owner is
> willing to give it up.

$100 million? Nah, no one but WCRB and other 128/Pru Class Bs would be able to get that kind of money. Plus, the 92.5 signal is horrible in Downtown Boston as a result of 92.9 WBOS, which is on the Pru these days.

Above $100 million, one of the more recently recorded station sales was in 2001, where two local owners got $165 million from Bonneville for WNIB and WNIZ in Chicago. But Boston is no where as large as Chicago to get that kind of money.

The WXRV signal is slightly further north than WKLB 99.5, so one could likely estimate that the price of 99.5 would be similar to the price of 92.5. Again, because no sales have taken place in many years (last sale was when Radio One bought WBOT in 1999 for $10 million), so the price is hard to estimate. If WCRB goes for $100 million, I'm going to guess $60 million on WKLB, and therefore perhaps $50-55 million for WXRV.
 
> > Judging that they have great coverage in Boston I am will
> to
> > take a guess of at least 100+ million dollars. If you win
> > powerball you might be able to buy it if the owner is
> > willing to give it up.
>
> $100 million? Nah, no one but WCRB and other 128/Pru Class
> Bs would be able to get that kind of money. Plus, the 92.5
> signal is horrible in Downtown Boston as a result of 92.9
> WBOS, which is on the Pru these days.
>
> Above $100 million, one of the more recently recorded
> station sales was in 2001, where two local owners got $165
> million from Bonneville for WNIB and WNIZ in Chicago. But
> Boston is no where as large as Chicago to get that kind of
> money.
>
> The WXRV signal is slightly further north than WKLB 99.5, so
> one could likely estimate that the price of 99.5 would be
> similar to the price of 92.5. Again, because no sales have
> taken place in many years (last sale was when Radio One
> bought WBOT in 1999 for $10 million), so the price is hard
> to estimate. If WCRB goes for $100 million, I'm going to
> guess $60 million on WKLB, and therefore perhaps $50-55
> million for WXRV.


Just to add a little NEBCO insight - like the mastercard commercials - WXRV would be priceless - the company doesn't, hasn't, and doubtfully ever would sell a station...not part of the company philosophy...

especially as it was the first the company ever owned...


>
 
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