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June 6th 11, 11:12 PM
posted to rec.radio.broadcasting
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Real estate worth more than an AM
"Mark Howell" wrote in message
... now the company is selling the 22 acres of real estate associated with the 5-kw fulltime station, and turning in the license to the FCC. When land in Chattanooga is worth more than ad receipts, you know that AM radio is in trouble. Frankly, I'm surprised that more Bay Area AMs haven't been turned into real estate developments. To date I know of only one. |
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