The information, obtained by a reliable local broadcast source, indicated that a decision on who would ultimately win out might be known by the first of the year or even sooner. The source requested anonymity due to the nature of the information.
Various industry sources have placed the price of KTRB at roughly $12 million, including assumable debt.
The A's are eagerly trying to acquire the station, but reportedly do not want to "overpay" at any cost. It is well known that the other investors, notably the religious-oriented Principal group have the available financial means to overpay for a station that has 50,000 watts, if not the best dial position, (and a slew of tower maintenance issues to boot.)
One thing is certain: The A's would like to have their radio broadcast situation handled as soon as possible. Throughout the past decade, the team has been all over the dial and the potential possibility of having to go to another small outlet would be irksome at best.
RL 415 Media Exclusive.
Rich, I looked at your post about the November ratings and KTRB was tied with the online stream of KNBR at .1 -- Is anyone still listening to the station at all anymore?
ReplyDeleteThis is laughable A's news. The A's were going to sign a star Japanese pitcher-didnt sign him. They were going after Adam Dunne..didnt sign him. And then the A's announced they made a offer to Beltran...that and the radio station I will guess will have the same results.
ReplyDeleteHey-I'm interested in buying the Mona Lisa and the Golden Gate bridge and maybe Sweden...bound to get lucky with one of those blonds..
Rich, your story is 'sour grapes' in advance of the results.
ReplyDeleteSo if anyone but the A's ends up buying the station they have "overpaid"?
You would think the A's would be ashamed to publicly announce how they are going to do so many things,then always back down. They are like the boy who cried Lew Wolff once too often. Who believes them anymore?
ReplyDelete