Re: Vikings upset Karmazin

[mwaters@mail.wesleyan.edu (Martin J. Waters)]

>Dan Strassberg wrote:
>Years and years ago (I have no idea when--the 70s,
>maybe), Cox acquired KFI, arguably the best AM facility
>in the US. There were still Class IA clear-channel
>stations at the time and KFI was one. Moreover, KFI is
>on 640 kHz, the lowest frequency of any such station in
>the US. If I recall, the selling price was $110 million,
>which I believe was the highest price ever paid up to
>that time for any US radio station.
<snip>


        When such a long time has elapsed, you need to adjust for inflation
to make a good comparison of the prices.