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Title: We need a REAL radio network
Source: me
URL Source: [None]
Published: Sep 29, 2011
Author: me
Post Date: 2011-09-29 08:23:27 by Critter
Keywords: None
Views: 834
Comments: 9

There is no such thing as local radio anymore that I can detect. Albany, NY's local AM station has been taken over by neocon syndicated hosts and has absolutely no local focus at all. It drove me crazy when I tried to find out what the heck was going on around me when Irene went through here, and then a tornado cut a 5 mile path through the area. I scanned the AM dial for a local broadcast and could find nothing at all.

The last local talk show host was disposed of last year in favor of Glen Beck. Morning to night it is neocon followed by neocon, followed by neocon, it is sickening.

So, I have been thinking, I want a radio station.

Prior to this, I had been daydreaming about ways to get good internet radio shows on the airwaves around here, and those thoughts always led me to: I want a radio station.

This morning, I searched online for radio stations for sale and found several brokerages with a surprising number of listings nationwide. There is one about which I am going to inquire, somewhere in my area, I believe, by its description. The asking price is $400k.

I don't have that kind of cash, so it gets me thinking...

Probably no one but the Clear Channels of the word has that kind of cash lying around, but how about forming an investment group and start by buying one or two stations, and building a national network from there?

I'd love to brainstorm this with some of the business and investment geniuses here on 4um. Maybe we can start the 4um Radio network, and mix good local programming with some of the best internet programing we can find?

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#3. To: Critter (#0)

This morning, I searched online for radio stations for sale and found several brokerages with a surprising number of listings nationwide. There is one about which I am going to inquire, somewhere in my area, I believe, by its description. The asking price is $400k.

I don't have that kind of cash, so it gets me thinking...

Here's what happened to a local talk radio station in Bucks County, PA back in the mid 90s (WTTM). The owner loaded the time slots with patriot talk shows, and within two years, became such a pain in the ass to local and state wide politicians, he was bought out by one of the big boys for a 10 fold profit. We all lost out gigs, but no one could blame him for cashing out. I certainly didn't.

Bottom line, that initial investment of $400k (borrow as much cheap money as possible) could become a terrific retirement nest egg for a few investors.

Jethro Tull  posted on  2011-09-29   12:07:51 ET  Reply   Untrace   Trace   Private Reply  


#4. To: Jethro Tull (#3)

that's a very interesting story about the station in PA!

Artisan  posted on  2011-09-29   17:39:51 ET  Reply   Untrace   Trace   Private Reply  


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