Re: Vikings upset Karmazin

[SteveOrdinetz <steveord@wavewizard.com>]

At 02:40 PM 4/25/00 +0000, dan.Strassberg@att.net wrote:
>But at the price 
>Infinity paid for WBCN, that was $700 million worth of 
>stations that he could have gotten for maybe $7 million 
>30 years earlier. Even if you take the time value of 
>money into account, I think his companies--if they 
>existed 30 years ago--would have been way ahead.
>


Didn't Infinity buy WBCN back in the late 70s?  I'm pretty sure they were
one of their original properties.  Dunno if Mel was at the helm in those
days though.  They can't have paid that much for it---back around then 'COZ
was whuppin' 'BCN pretty good, and WBCN was still stuck at Woodstock.