Could these breakdowns longtern be good for the radio and TV business? The stations owned by the mega companies will be bought by someone. The beginning of the re-privatization of broadcast perhaps?
http://mediamemo.allthingsd.com/2009021 ... next-week/
borrowing issues - first the borg, next - CBS
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Force Commander
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borrowing issues - first the borg, next - CBS
"We are the CC Borg. Lower your shields and surrender your broadcast stations. We will add your biological and creative distinctiveness to our own. Your broadcast personality will adapt to service us. Resistance is futile."
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AmpedNow
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Re: borrowing issues - first the borg, next - CBS
CBS will end up unloading even more markets than they already have. Cleveland and Pittsburgh may be on the chopping block, because they are "small" by CBS' standards with little hope of growth. They may hang on to Charlotte, though, because of the growth potential there.
One thing's for certain: the radio landscape will look very different in 1-2 years than it does now... I wouldn't rule out a freak buyout or merger proposal that comes out of nowhere, either.
However, the days of the Ma & Pa operations are over, IMO. As long as dereg exists, these stations will still hold value for corporations, big or small. Also, the price points on them will remain too high for the "average Joe" to aquire one, even though they may lose more value before this meltdown is over.
One thing's for certain: the radio landscape will look very different in 1-2 years than it does now... I wouldn't rule out a freak buyout or merger proposal that comes out of nowhere, either.
However, the days of the Ma & Pa operations are over, IMO. As long as dereg exists, these stations will still hold value for corporations, big or small. Also, the price points on them will remain too high for the "average Joe" to aquire one, even though they may lose more value before this meltdown is over.