Sure, "interested" isn't the same as "ready to sign the check" -- heck, I'm interested in buying ABC Radio, but that ain't going to happen...
Clear Channel Interested In ABC?
DJ
Clear Channel Interested In ABC?
DJ
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Marketwatch.com: Clear Channel Interested In ABC
- Thread starter BossRadioDJ
- Start date
K
KMRichards
Guest
> Sure, "interested" isn't the same as "ready to sign the
> check" -- heck, I'm interested in buying ABC Radio, but that
> ain't going to happen...
Well put. All Access, in reporting same, noted that Clear Channel would have to spin off a good amount of stations to stay under the ownership caps, since most of ABC's stations are in markets where CC also owns stations.
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> check" -- heck, I'm interested in buying ABC Radio, but that
> ain't going to happen...
Well put. All Access, in reporting same, noted that Clear Channel would have to spin off a good amount of stations to stay under the ownership caps, since most of ABC's stations are in markets where CC also owns stations.
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> > Sure, "interested" isn't the same as "ready to sign the
> > check" -- heck, I'm interested in buying ABC Radio, but
> that
> > ain't going to happen...
>
> Well put. All Access, in reporting same, noted that Clear
> Channel would have to spin off a good amount of stations to
> stay under the ownership caps, since most of ABC's stations
> are in markets where CC also owns stations.
>
What is the limit of the amount of stations you can own in one market?<P ID="signature">______________
Kevin</P>
> > check" -- heck, I'm interested in buying ABC Radio, but
> that
> > ain't going to happen...
>
> Well put. All Access, in reporting same, noted that Clear
> Channel would have to spin off a good amount of stations to
> stay under the ownership caps, since most of ABC's stations
> are in markets where CC also owns stations.
>
What is the limit of the amount of stations you can own in one market?<P ID="signature">______________
Kevin</P>
K
KMRichards
Guest
> What is the limit of the amount of stations you can own in
> one market?
Summarized from <a target="_blank" href=http://ftp.fcc.gov/cgb/consumerfacts/reviewrules.html>http://ftp.fcc.gov/cgb/consumerfacts/reviewrules.html</a>:
In a market with 45 or more commercial radio stations, up to 8 commercial radio stations, not more than 5 of which are in the same service (AM or FM).
In a market with between 30 and 44 commercial radio stations, up to 7 commercial radio stations, not more than 4 of which are in the same service (AM or FM).
In a market with between 15 and 29 commercial radio stations, up to 6 commercial radio stations, not more than 4 of which are in the same service (AM or FM).
In a market with 14 or fewer commercial radio stations, up to 5 commercial radio stations, not more than 3 of which are in the same service (AM or FM), except that one company may not own, operate, or control more than 50% of the stations in that market.
No one can own television stations that would reach more than 35% of U.S. television households. “Reach” is defined as the number of television households in the TV Designated Market Area (DMA) to which each owned station is assigned. VHF stations are attributable with all TV households in the DMA; UHF stations are attributable with 50% of the DMA households.
A company can own two television stations in the same DMA provided at least one of the stations is not ranked among the four highest-ranked stations in the DMA, and at least eight independently-owned commercial or non-commercial broadcast television stations would remain in the DMA after the proposed combination.
Common ownership of at least one television and one radio station in a market is allowed; in larger markets, additional stations can be owned depending on the number of other independently owned media outlets in the market, as outlined above.
Sorry if that made you dizzy.
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> one market?
Summarized from <a target="_blank" href=http://ftp.fcc.gov/cgb/consumerfacts/reviewrules.html>http://ftp.fcc.gov/cgb/consumerfacts/reviewrules.html</a>:
In a market with 45 or more commercial radio stations, up to 8 commercial radio stations, not more than 5 of which are in the same service (AM or FM).
In a market with between 30 and 44 commercial radio stations, up to 7 commercial radio stations, not more than 4 of which are in the same service (AM or FM).
In a market with between 15 and 29 commercial radio stations, up to 6 commercial radio stations, not more than 4 of which are in the same service (AM or FM).
In a market with 14 or fewer commercial radio stations, up to 5 commercial radio stations, not more than 3 of which are in the same service (AM or FM), except that one company may not own, operate, or control more than 50% of the stations in that market.
No one can own television stations that would reach more than 35% of U.S. television households. “Reach” is defined as the number of television households in the TV Designated Market Area (DMA) to which each owned station is assigned. VHF stations are attributable with all TV households in the DMA; UHF stations are attributable with 50% of the DMA households.
A company can own two television stations in the same DMA provided at least one of the stations is not ranked among the four highest-ranked stations in the DMA, and at least eight independently-owned commercial or non-commercial broadcast television stations would remain in the DMA after the proposed combination.
Common ownership of at least one television and one radio station in a market is allowed; in larger markets, additional stations can be owned depending on the number of other independently owned media outlets in the market, as outlined above.
Sorry if that made you dizzy.
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If CC were to acquire ABC Radio and all of the stations, then in Chicago as an example, 94.7 would have to be divested as CC already owns 5 FM stations and all 5 signals cover the entire market being on the John Hancock & Sears Tower (93.9 WLIT, 95.5 WNUA, 102.7 WVAZ, 103.5 WKSC-FM, & 107.5 WGCI). CC has 2 AM stations (1390 WGRB & 1690 WRLL), so they would keep 890 & 1000 if acquired, and sell 1690 because of the lack of night coverage in the market, and would sell 1300 because it covers mainly the south suburbs of Chicago with little city coverage, especially at night. They would keep 1390 because it's profitable for them, covers their demographics well for day & night, and it would put them at their maximum limit.
K
KMRichards
Guest
> If CC were to acquire ABC Radio and all of the stations,
> then in Chicago as an example, 94.7 would have to be
> divested as CC already owns 5 FM stations and all 5 signals
> cover the entire market being on the John Hancock & Sears
> Tower (93.9 WLIT, 95.5 WNUA, 102.7 WVAZ, 103.5 WKSC-FM, &
> 107.5 WGCI). CC has 2 AM stations (1390 WGRB & 1690 WRLL),
> so they would keep 890 & 1000 if acquired, and sell 1690
> because of the lack of night coverage in the market, and
> would sell 1300 because it covers mainly the south suburbs
> of Chicago with little city coverage, especially at night.
> They would keep 1390 because it's profitable for them,
> covers their demographics well for day & night, and it would
> put them at their maximum limit.
They would?
Or are you just guessing?
(Of course, the answer doesn't matter, because you made the point rather well that CC and Disney have overlapping markets and CC is at or near ownership limits in those markets.)
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> then in Chicago as an example, 94.7 would have to be
> divested as CC already owns 5 FM stations and all 5 signals
> cover the entire market being on the John Hancock & Sears
> Tower (93.9 WLIT, 95.5 WNUA, 102.7 WVAZ, 103.5 WKSC-FM, &
> 107.5 WGCI). CC has 2 AM stations (1390 WGRB & 1690 WRLL),
> so they would keep 890 & 1000 if acquired, and sell 1690
> because of the lack of night coverage in the market, and
> would sell 1300 because it covers mainly the south suburbs
> of Chicago with little city coverage, especially at night.
> They would keep 1390 because it's profitable for them,
> covers their demographics well for day & night, and it would
> put them at their maximum limit.
They would?
Or are you just guessing?
(Of course, the answer doesn't matter, because you made the point rather well that CC and Disney have overlapping markets and CC is at or near ownership limits in those markets.)
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