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.
North Carolina Checklist Purchasing a Broadcast Station
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You can launch a small-scale FM radio station (like a campus radio station) in the U.S. for about $20,000. Starting a medium-scale, standard station can easily cost close to $350,000 or more.
Given the looming headwinds for the radio industry, radio ownership in the future is a questionable investment with minimal potential for asset appreciation. Yes, I said it is still a good business for the time being. Radio stations in 2015 can still generate 30% cash flow.
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 are a few steps you can take to tackle the task of creating and starting your very own TV network:Stake out your territory. Many people don't realize that there are channels available for lease by everyday people.Set up your technical equipment.Announce your channel.Generate a paycheck.
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.
Buying an Existing Station If you are considering purchasing a broadcast station, you must contact the current owner of the station. The FCC does not keep a list of stations potentially for sale, nor does it participate in negotiations of any sales contract.
Owning a radio station can be an exciting new business or hobby. However, you will need to perform thorough research before buying one. Radio stations are not the good investment they once were, so you should closely study the station's financial statements, audience data, and employee salaries.
TV Station Equipment ListStudio mixing board.Microphones.Headphones.Cameras.Broadcast Media Server for television automation.Capture cards for ingesting Live material.Scheduler.Hardware encoder.More items...
Obtain a construction permit by completing and submitting an electronic application. If you are buying a television station for sale, after you sign the contract, complete FCC form 314, which is an application giving consent to assign a construction permit to another entity.
This can be done online by Googling "radio station broker" or by looking in your local yellow pages for "brokers." A radio station broker is just like any other broker, such as a real estate broker. They are in business to help owners sell their radio stations and find buyers for these stations.
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