"Tom Betz" wrote in message
. 70...

Their initial plan was to buy outright six radio stations, but right now,
with media consolidation in full swing and the FCC's loose rules about
multiple-station ownership allowing concentration of ownership in few
hands, that wasn't possible.


I'm not sure how this follows. Media consolidation is in full swing. The
FCC now has loose rules about multiple station ownership. Air America can't
buy the stations they planned on buying. Was Air America planning to buy
stations already owned by the big networks?



LA and Chicago are tight radio markets. They had to do business with
someone who was losing money with what was being aired before.


If Air America paid Liu a million dollars for two months, that breaks down
to almost $600/hr. How can a small time 1kw-5kw brokered station lose money
even if the charge 25% of that amount? The brokered 100kw domestic SW
broadcasters get by on about $25/hr.

Was a million for a couple of months the best deal Air America could cut?

Frank Dresser