• Get involved.
    We want your input!
    Apply for Membership and join the conversations about everything related to broadcasting.

    After we receive your registration, a moderator will review it. After your registration is approved, you will be permitted to post.
    If you use a disposable or false email address, your registration will be rejected.

    After your membership is approved, please take a minute to tell us a little bit about yourself.
    https://www.radiodiscussions.com/forums/introduce-yourself.1088/

    Thanks in advance and have fun!
    RadioDiscussions Administrators

Auction 62

A

ajhenderson

Inactive
Inactive User
I was on RECNET and saw that one of the allotments up for auction (whenever the delayed one is) was a CP "licensed to" Cumulus. How do we know this is the case, even if they are the only ones who put the $1500 down?
 
If I remember right, some of the folks who bid in the last auction decided they really didn't want the channel once they won it. So they didn't make the final payment.

Now what happens is the channel goes up for auction again. The company that pulled back is still on the hook for the difference between what they bid and what the channel eventually goes for. Believe Cumulus pulled back on one of those channels
 
Status
This thread has been closed due to inactivity. You can create a new thread to discuss this topic.
Back
Top Bottom