Amazing WLNE Numbers

[Cdsull502@aol.com]

Consider this:  The first time the station was sold was in  1966.  The 
original ownership group sold the then WTEV to Steinman Stations  for $5,775,000 
in 1966 dollars.  Based on the US Bureau of Labor Statistics  Inflation 
Calculator, that amount is equal to $39,446,000 in 2011 dollars.   Yet today, 
the station was sold for an amount equal in real dollars that are  about 9.8% 
of what it was worth 45 years ago.  Add to that the fact  that 6 wasn't 
doing all that well when it was first sold in  '66!     

 
Chris  Sullivan
CdSull502@aol.com