RadioDiscussions.com

 
RadioDiscussions.com Discussion Boards
Login May 19, 2013, 05:39:15 PM *
Username Password Session Length
 
Welcome, Guest. Please login or register. Did you miss your activation email? Did you forget your password?
:  
   Home   Help Search Contact Us Login Register  
RadioDiscussions.com Discussion Boards>TELEVISION STATES>New England TV>Bill Binnie Adds To His New England Portfolio
Pages: [1]   Go Down
« previous next »
  Print  
Author Topic: Bill Binnie Adds To His New England Portfolio  (Read 1164 times)
DToTheJ
rimember

Offline Offline

Posts: 20114
Bill Binnie Adds To His New England Portfolio
« on: May 08, 2012, 05:36:08 AM »
Along with radio veteran Jeff Shapiro, the owner of Channel 50 has acquired over two dozen radio stations in New Hampshire, as well as Maine and Vermont, from bankrupt Nassau Broadcasting via auction. Total price: $12.9 million.

The full listing of stations:
http://radioinsight.com/blog/headlines/57250/nassau-broadcasting-auction-results/
Logged
NOTE: If this is the last post in this thread and you wish to reply,
hit the REPLY button below... NOT the quote button above.
The result: less clutter, and less aggravation for our blind members.

Thanks!
mescutia
rimember

Offline Offline

Posts: 453
Re: Bill Binnie Adds To His New England Portfolio
« Reply #1 on: May 09, 2012, 05:24:08 PM »
Alright, any bets as to which station or stations get the you-know-they're=coming WBIN-AM or -FM call letters?
Logged
DToTheJ
rimember

Offline Offline

Posts: 20114
Re: Bill Binnie Adds To His New England Portfolio
« Reply #2 on: May 10, 2012, 05:36:08 AM »
My guess is they'd both be in the Concord/Manchester market, with the WBIN-AM calls slapped on news/talker AM 1490 (WEMJ). As for the FM side... maybe, just maybe, one of the five FM stations in the market will be flipped to a simulcast of said news/talker...
Logged
NOTE: If this is the last post in this thread and you wish to reply,
hit the REPLY button below... NOT the quote button above.
The result: less clutter, and less aggravation for our blind members.

Thanks!
whdh1920
tv/radio nerd
rimember

Offline Offline

Posts: 295

looking for a change!!
Re: Bill Binnie Adds To His New England Portfolio
« Reply #3 on: May 10, 2012, 08:36:50 AM »
Quote from: DToTheJ on May 10, 2012, 05:36:08 AM
My guess is they'd both be in the Concord/Manchester market, with the WBIN-AM calls slapped on news/talker AM 1490 (WEMJ). As for the FM side... maybe, just maybe, one of the five FM stations in the market will be flipped to a simulcast of said news/talker...
  They could also tie it in to there tv station which has news at 10..
Logged
huge Boston sports fan no matter what!!
azumanga
rimember

Offline Offline

Posts: 4986
Re: Bill Binnie Adds To His New England Portfolio
« Reply #4 on: May 10, 2012, 03:42:47 PM »
Quote from: DToTheJ on May 10, 2012, 05:36:08 AM
My guess is they'd both be in the Concord/Manchester market, with the WBIN-AM calls slapped on news/talker AM 1490 (WEMJ).

The WBIN calls are currently in use by an AM station in Tennessee:

http://en.wikipedia.org/wiki/WBIN_%28AM%29
Logged
taylorjsdad
rimember

Offline Offline

Posts: 186
Re: Bill Binnie Adds To His New England Portfolio
« Reply #5 on: May 15, 2012, 06:54:16 PM »
I am wondering how this is going to work out.... Shapiro is probably close to (if not already) being maxed out of as many stations as he can own in the Upper Valley (1230, 95.3, 96.3, 104.3, 106.1, 107.1) and owns at least one station in the Concord area (107.7A - Hillsborogh).    Will they have to spin some stations off in order to stay under the ownership limits in these areas?   I also believe the 3 Nassau signals in the Rutland area were part of their bid...  I wonder if that counts against what he owns in the Upper Valley since they are part of the same market.   
Logged
DToTheJ
rimember

Offline Offline

Posts: 20114
Re: Bill Binnie Adds To His New England Portfolio
« Reply #6 on: May 22, 2012, 05:56:08 AM »
Not so fast, says Goldman Sachs, which placed a $14 million reverse bid, eclipsing Binnie's $12.5 million bid.
http://www.radioink.com/Article.asp?id=2460610&spid=24698
Logged
NOTE: If this is the last post in this thread and you wish to reply,
hit the REPLY button below... NOT the quote button above.
The result: less clutter, and less aggravation for our blind members.

Thanks!
DToTheJ
rimember

Offline Offline

Posts: 20114
Re: Bill Binnie Adds To His New England Portfolio
« Reply #7 on: May 23, 2012, 06:06:08 AM »
Never mind - Goldman Sachs withdrew their bid:
http://www.allaccess.com/net-news/archive/story/106283/carlisle-capital-corp-wins-bidding-for-rest-of-nas
Logged
NOTE: If this is the last post in this thread and you wish to reply,
hit the REPLY button below... NOT the quote button above.
The result: less clutter, and less aggravation for our blind members.

Thanks!
Pages: [1]   Go Up
  Print  
« previous next »
 
Jump to:  

Powered by MySQL Powered by PHP

Postings on Radiodiscussions.com are the opinions of the people who post them. Views expressed do not necessarily represent the views of Radiodiscussions.com or its owner or operator. In fact many of the views expressed here are just plain wrong. But they are opinions and this site allows us all to discuss those opinions. Any reliance on information posted is done so at the user's own risk. For a detailed look at the rules, regulations and uses of Radiodiscussions.com please see our TERMS OF SERVICE.

 Valid XHTML 1.0! Valid CSS!
Page created in 0.379 seconds with 20 queries.