Radio in 2009

[A. Joseph Ross]

On 12 Dec 2008 at 14:51, Garrett Wollman wrote:

> Well, nationally, I'm looking for a number of group owners to enter
> bankruptcy.  This will create opportunities for the better-managed
> firms with access to private capital to acquire stations from
> companies like Salem at attractive prices.  CBS will still be in the
> radio business, and will still be trying to flog off its
> smaller-market properties.  GE will still not be in the radio
> business, but they might finally get a deal done with Ansin to buy
> channel 7.  I wouldn't be surprised to see Bonneville acquire more
> stations, perhaps getting back into New York if something comes on the
> market at a decent price.  (You could have all of Emmis for slightly
> less than $15 million today.  Act now!)

Hey, maybe stations will be cheap enough for Bob Bittner to buy a few 
more. ;->

-- 
A. Joseph Ross, J.D.                           617.367.0468
 92 State Street, Suite 700                   Fax 617.507.7856
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