[BC] All Sports Stations

[Broadcast List USER]

Man!  $41 Million for a TV in a "major" market.

No wonder my 500 shares of Emmis are in the toilet!

Come on Jeff, preform for us shareholders!

WOW!


On May 6, 2008, at 6:00 AM, broadcast-request at radiolists.net wrote:

> Message: 3
> Date: Mon, 05 May 2008 17:54:49 -0700
> From: Tom <radiofreetom at gmail.com>
> Subject: Re: [BC] All Sports Stations
> To: "Broadcasters' Mailing List" <broadcast at radiolists.net>
> Message-ID: <7.0.1.0.2.20080505175426.04221d90 at oldradio.com>
> Content-Type: text/plain; charset="us-ascii"; format=flowed
>
> Speaking of All Sports...
>
> Indianapolis Business Journal has this article in today's online  
> edition...
>
>         Saints owner buys Emmis station in New Orleans
> Emmis Communications Corp. today said it has signed an agreement to
> sell Fox affiliate WVUE-TV in New Orleans for $41 million to
> Louisiana Media Co. LLC, which is principally owned by Tom Benson,
> owner of the New Orleans Saints. After-tax proceeds are expected to
> be about $35.5 million, Emmis officials said. Indianapolis-based
> Emmis has been trying to sell the station since before Hurricane
> Katrina devastated the region in 2005.