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Original thread:
Post 5 made on Sunday December 27, 2015 at 09:26
highfigh
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September 2004
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On December 27, 2015 at 06:59, buzz said...
But the station ended up as one station over the market limit for corporate and was sold again, and again, and again as various corporations jockeyed for market position and dumped their over the limit weak child. Each sale resulted in about a $10M profit. After being passed around and around, the final sale that I'm aware of was for about $60M. I can't imagine a business plan that can support that level of debt. Perhaps someone figured out how to use it as an accounting gimmick. Maybe it was the towers that everyone wanted. (Good location, AM & FM, permits in order)

In any case they can keep their corporate games, I'm not playing.

The price of the station is high, but if their advertising costs $200/minute (I doubt it's that low) and they run ads 12 minutes/hour, they'll take in over $21 Million, annually.
My mechanic told me, "I couldn't repair your brakes, so I made your horn louder."


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