Bad news travels slowly…sometimes. Such is the case with former KMBC KC’s CSD PAUL TRANISI, who is recovering from West Nile Virus. Lots of rehab for everything like speech and movement. West Nile is a you-know-what. Send him some luv and lift his spirits. His sense of humor would get a kick out of it and remember, laughter is the best medicine.

SO where were we with TV brokerage info? Let’s go back to https://blog.welldunnetalent.com/october-18-2023/ where you learned how stations are priced. So let’s say you find a station you want and a lender who will write you a large check. Things to know now (that effect your department budget) include the fact a buyer must show it has one year’s operating costs available to pay everyone. And the overall price only requires one-third at time of closing;  the rest will be repaid out of operating the station. Thus a leveraged buyout. If the numbers go wonky, either paid too much or not enough income, things go awry. Think about that. No matter what happens, the lender will get their money, so stations begin looking for ways to make operations less costly. Not pointing any fingers, but it sure does explain some actions.

Job Alert – Director of Marketing KGNS Laredo TX

Think About This: “All great things are preceded by chaos.”  ~  Deepak Chopra