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"IBOCcrock" wrote in message
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On Sep 24, 10:27 am, "David Eduardo" wrote:
"Steve" wrote in message

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On Sep 24, 8:50 am, "David Eduardo" wrote:
"IBOCcrock" wrote in message

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Radio Sold Its Soul

"Wall Street has soured on radio. How many investment banks still
actually have a full-time analyst watching this segment? Look to the
falling price of properties. To the few radio deals that get gone
these days. To the pessimism on Wall Street that has put the damper
on
the future of radio."

There is more money looking for stations than there are stations for
sale.
That usually means an increased price. Clear Channel felt the market
was
undervaluing its assets and cash flow, so they are going private.
Univision
did the same early this year, for over $12 billion. Station prices for
decent facilities have shown no erosion, as proven by the Clear
Channel
and
CBS spin-offs.

Yes, and when the market is "undervaluing" your assets and cash flow,
that's always a good sign....lol

This is what has been called the "Viacom Syndrome" where an entire
industry
was punished on the Street for the problems of one company in the sector.
Viacom recognized it two years ago and split into two parts; others have
gone private as the value is there, based on revenues and cash flow or
profits, but the market is undervaluing the issues... a perfect time for
private equity to get something for less than it is worth.- Hide quoted
text -

- Show quoted text -

Yup, the Street is punishing broadcast radio for the HD Radio farce.


Eduardo is really a shill for the corporate media conglomerates. It's pretty
obvious what his agenda is here. It seems that I was pointing the vapid
stupidity of many of the hosts not to mention the lack of quality programs
on the corporate FM jukeboxes.

If you want to listen to real radio, find a station that is locally owned
and operated not some overpriced corporate jukebox owned by Entercom, Clear
Channel, etc. When I make a reference to Memphis it's one of the better
ethnic music cities where LOCALLY owned stations generally exist with local
DJs and local people. Not some satellite feed from some Ivory tower place in
NYC or some other major metro.

Ever notice that in many places overseas, they don't have the media
concentration we have in the US. I'm not talking about governments
controlling broadcasting, I am talking about locally owned stations in the
Carribean, Europe, and other countries. Not this corpratized crap that they
call radio in the US.