Posted on 07/14/2009 12:48:31 PM PDT by raccoonradio
The New York Times Company has announced that it has sold Classical 96.3 WQXR New York for $45 Million as part of a three way deal with Univision and WNYC.
The way the deal is structured, Univision will pay $33.5 Million for the 96.3 frequency while WNYC pays $11.5 Million for the 105.9 frequency from Univision and the WQXR intellectual property. Spanish Tropical “La Kalle” WCAA will shift to the stronger 96.3 allocation.
96.3 WQXR is a Class B broadcasting with 6kw at 1362′, while 105.9 is a Class B1 with 610 watts at 1365 feet. The Non-Commercial WNYC operates Talk 820 WNYC and Talk/Classical 93.9 WNYC-FM in New York. In addition to La Kalle, Univision operates Spanish News/Talk 1280 WADO , rimshot Regional Mexican “92.7 La Que Buena” WQBU and two television stations in the New York market.
Si usted quiere música clásica en la Ciudad de Nueva York, usted tendrá que afinar a FM 105,9 que tiene una señal más débil.
Para ingles, por favor depresar _dos_...
WNYC announced today that the station has acquired classical music station WQXR and the radio channel 105.9 FM from the New York Times for $11.5 million.
WQXR broadcasts on 96.3 FM, but in a separate deal with Univision, the Times exchanged the station’s current spot on the dial for 105.9 FM, then sold that location, along with the WQXR call letters, to WNYC. WQXR will move to its new channel in October.
Through the acquisition, WNYC will turn WQXR into a public radio station and preserve its 73-year classical music format, whose future was in doubt due to the Times‘ economic woes.
ML/NJ
Bigger than that: WBCN, Boston is folding.
Who made an FM frequency in NYC valuable?
Who is rightly entitled to that value?
Did the NYT make 96.3FM valuable? Well, maybe ... for as long as the pushbuttons on car radios last.
Who made 105.9FM valuable? Whoever had it last?
Or was it we-the-people, by our presence and our buying power?
WHY ON EARTH SHOULD THAT VALUE BE PRIVATIZED? Shouldn’t we be conserving those dollars, for our common use, instead of permitting their privatization by any special interest? That revenue could permit us to reduce wage taxes, sales taxes, building taxes, or other taxes which burden the economy which employs us.
The reality is that ... altogether now! ... the airwaves belong to the American people, and commercial and other ventures ought not to be permitted to privatize value that all of us have created.
Every entity which claims for its use some portion of the electromagnetic spectrum ought to be paying annual rent to we-the-people based on the value of what they claim. The payment ought to be high enough that licenses change hands for a nominal price, or a price based only on the equipment involved.
Spectrum is a natural resource. Secure title is important, but it ought not to be a source of enrichment to those who own it. USUFRUCT.
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