WMEX sold for $175k

[Jibguy@aol.com]

Rumor has it... Rent $25,000 a month.   Tower site  electricity $4,500 a 
month.  That's about $360,000.00 a year, just to  keep the tower site 
running... Then there music royalties, FCC Regulatory Fees,  Studio costs, 
employees, payroll taxes, tower light replacements.    The station will (and has) 
destroy anyone who owns it.
 That said.... would I buy it for $175k?  Probably yes, since  with better 
coverage day & night, I'll bet I'd get that much from  fundraising efforts.  
But I'd have to be in a very daring mood.
----jibguy
 
 
 
In a message dated 6/24/2015 9:50:29 A.M. Eastern Daylight Time,  
011010001@interpring.com writes:


Wow.  That's well below what it would cost to rebuild the transmitter site.

I  wonder how much the rent and utilities at that site  cost.


Rob

On Wed, 24 Jun 2015, Bob Nelson wrote:

>  Salem bought WMKI for $500k, right? Now WMEX is sold for even less to  
Daly
> XXL\
>
>  
https://radioinsight.com/blog/headlines/93436/daly-xxl-converts-wmex-boston-lma-to-purchase/
>