[BC] seattletimes.com: Asset too valuable to sell

[Alan Alsobrook]

If the station is doing that good, there would be no reason to sell it. 
With just a small amount of underwriting it could provide a positive 
cash flow. thus supporting it's self and giving a little something back 
to the school system.  If someone wants to buy it for 8 Mil you can bet 
the cash can be easily made. So in closing I think it's more valuable to 
the school in the building than sold down the street.

I take care of a College station that after 10 years just started 
accepting underwriting. They have different companies beating on their 
door wanting to sponsor the station. They declined the offers for a long 
time holding on to the theory of a truly Educational station. (used to 
give their communications students true radio experience) for quite some 
time. Now that they are accepting some underwriting (and they do keep it 
very limited) they are able to pay for the operational costs of the 
station and are paying back the cost of a recent facility upgrade caused 
by a required relocation of the antenna and transmitter.

While dance music may not be a treasure in your mind, I seriously doubt 
that the entity that wants to buy it for 8 Mil has anything other than 
another religious outlet in mind. (paying 8 mil, they want it for the 
cash it can raise not the word it can spread) In the mean time you have 
high school kids getting a nice introduction to radio. a few of which 
you'll probably be passing in the hallways of some station near you in a 
few years. So yes it is a valuable education asset, and most likely 
provides a nice service for the school.


Craig Bowman wrote:

> Is there any data to support the assertion this station is helping kids 
> stay in school.
> Personally, I think a dance station is the farthest thing from a "public 
> treasure"!  Lets keep things in prospective, this is likely a luxury the 
> school system can no longer support.  Do all the classes have enough 
> books?  How many kids per class?  Should I continue?  Yes, this might be 
> a short term financial problem, and selling the radio station will mean 
> that it is gone forever  How many students might do without in the 
> absence of this money and what is the value of that.
> 
> Craig Bowman


-- 
Alan Alsobrook CSRE CBNT
St. Augustine Fl. 32086 904-829-8885
aalso at Bellsouth.net