Posted by ed kramer is god on April 02, 2009 at 19:06:24:
In Reply to: Good Karma to Portage? posted by Radio sale? on April 02, 2009 at 19:05:58:
I would have to agree that 1.1 is A LOT of money for these stations. I cannot image that their combined billing is that respectable. Would take some time to get your investment back.
Just curious...anyone know of what happened to some of the staffers when Kramer owned the operation? Doug Peters still around Portage?
: I hear a rumor swirling that a deal is in the works for Good Karma Broadcasting to buy the pair of radio stations that Zoe Communications owns in Portage, WPDR and WDDC. From what I've been told, an agreement is in place, just working on a final price and the minor details. I believe Zoe bought those stations in 2003 for 1.1 million. With the economy what it is, there's no possible way they could get that for them now, is there? Anyone have any opinions?