Hawaii Checklist Purchasing a Broadcast Station

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This checklist provides a general idea of the documents and information that will be necessary for a due diligence investigation when purchasing a broadcast station.

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FAQ

While it's totally possible to run your internet radio station yourself, it doesn't have to be just you contributing content. If you're the kind of person who likes to work on a team or if you want to involve friends or guests in your work, now is the time to tell them about your new internet radio station!

The most important equipment you'll need includes a microphone, headphones and playback devices. You'll have to pay for engineering fees and transmitting equipment to broadcast signals to your target audience. All the gear also needs to be licensed and approved for the country you're operating in.

The same principles apply: use the tiny computer to create and broadcast the signal, and attach an antenna to give it the broadcast range.Set up your Raspberry Pi.Install the FM radio software.Choose some music.Add an antenna.Broadcast.Tune your radio and enjoy.

Both generally cost around $3,000 and $3,500, respectively. Overall, internet radio stations often have the lowest cost, whereas you can launch a low power FM (LPFM) radio station for under $15,000 upfront. Month-to-month, you may be able to swing by with just under $1,000 of expenses.

Many stations get on the air for under $15,000 and can stay on the air for less than $1,000 per month. The main start-up expenses for a radio station are engineering fees, studio equipment for producing radio shows, and transmitting equipment for sending your signals out to the world.

Both generally cost around $3,000 and $3,500, respectively. Overall, internet radio stations often have the lowest cost, whereas you can launch a low power FM (LPFM) radio station for under $15,000 upfront. Month-to-month, you may be able to swing by with just under $1,000 of expenses.

Both generally cost around $3,000 and $3,500, respectively. Overall, internet radio stations often have the lowest cost, whereas you can launch a low power FM (LPFM) radio station for under $15,000 upfront. Month-to-month, you may be able to swing by with just under $1,000 of expenses.

How much profit can a radio station make? The exact profit of your radio station will obviously depend on factors ranging from audience size to programming cost to the amount of advertisers. However, the most popular local radio stations in the country are able to make over $60 million in ad revenue each year.

Here's what you will learn about: Broadcasting Software: Types of software you can use to broadcast live that map to equipment. Microphones: A range of different mics, from entry-level to professional. Processors: Microphone processors for amplification and equalisation to improve audio.

Typically, you can buy a radio station using one of two methods: purchasing the station's assets or purchasing the station's stock. Each sale could have different tax consequences, depending on the circumstances. You should discuss tax implications with an accountant.

More info

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Hawaii Checklist Purchasing a Broadcast Station