Something to watch out for...

[Dan.Strassberg]

What station does NBC own here? Not 7, not 56. What? A Providence
station?

-----
Dan Strassberg (dan.strassberg@att.net)
eFax 1-707-215-6367

----- Original Message ----- 
From: "Garrett Wollman" <wollman@bimajority.org>
To: "Larry Weil" <kc1ih@mac.com>
Cc: "Boston-Radio-Interest" <boston-radio-interest@bostonradio.org>
Sent: Sunday, November 16, 2008 2:04 PM
Subject: Re: Something to watch out for...


> <<On Sun, 16 Nov 2008 12:52:16 -0500, Larry Weil <kc1ih@mac.com>
> said:
>
>> Of course, there would be the additional complication that Sunbeam
>> also owns and operates, from the same facilities, WLVI.  I doubt
>> NBC
>> would want WLVI, so it would need to be sold off separately, if
>> anyone even wants them at this point.
>
> At the moment, it appears that there are a lot more properties on
> the
> market than there are buyers.  Actually, scratch that.  It appears
> that there are a lot of broadcast properties on the market and no
> buyers at all.
>
> I'm told that Salem is particularly hard-up for cash and looking to
> sell off whatever they can to keep the larger-market stations
> running
> until the economy picks up.
>
> I wouldn't be surprised to see a number of broadcast groups in
> Chapter
> 11 by the middle of next year if the financing crunch continues.
>
> I suppose that if Fox ends up buying WSVN, they could fairly easily
> take WLVI off Ansin's hands at the same time.  That would presumably
> mean the end of news on 56.  NBC couldn't take it (they already own
> in
> this market).  There's nobody else in the business with access to
> capital on reasonable terms right now.
>
> -GAWollman
>