Am prices in Boston....

[John Mullaney]

American Radio was bought by CBS but they had too many properties in Boston
so they had to get rid of all but WBMX. They made a deal with Entercom to
trade stations in different markets so WAAF, WEEI and WRKO went to Entercom
here. Don't remember what CBS got.

-----Original Message-----
From: Boston-Radio-Interest
[mailto:boston-radio-interest-bounces@lists.BostonRadio.org] On Behalf Of
Ted Larsen
Sent: Tuesday, June 09, 2015 8:17 AM
To: Jeff Lehmann; boston-radio-interest@lists.BostonRadio.org; Don
Subject: Re: Am prices in Boston....

I remember the sale price was $3,000,000 when American Radio Systems bought
it, but I can't find the Entercom price.

http://en.wikipedia.org/wiki/WEEI.

I remember as a small kid listening to Bob & Ray. Wow am I old! They had
such great characters and I remember most of them. 
http://en.wikipedia.org/wiki/Bob_and_Ray

I was doing business with one of the cable TV pioneers, Steve Dodge. He sold
850 and started American Tower Systems which was a brilliant business move,
"Build a tower and they will come." And they certainly did.

http://www.americantower.com/corporateus/global-country-selector/index.htm

-----Original Message-----
From: D. A.
Sent: Monday, June 08, 2015 9:43 PM
To: Jeff Lehmann ; boston-radio-interest@lists.BostonRadio.org ; Don
Subject: Am prices in Boston....



Anyone recall how much Entercom paid for 850AM?

Any idea what it would bring now?

Basically you would be buying a stick...on a dying band,
with no local  programming, no ratings, and no billing.

Anyone want to speculate?