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For $700 Grand, Beasley Buys Vegas Translator

Broker says it's third largest translator price ever

Who would have thought years ago that FM translators would ever sell for this kind of money?

Beasley Media Group has reached agreement to pay $700,000 for an FM translator in Las Vegas, acquiring it from Southern Nevada Educational Broadcasters, a Nevada Trust. The contract is subject to FCC approval.

Bob Heymann of Media Services Group was broker for the buyer; Robert Branch represented the seller. The license bears call sign K268CS; it airs at 101.5 MHz and is currently associated with KKVV(AM). Beasley holdings in Las Vegas include talker KDWN(AM).

Heymann said BIA/Kelsey data indicates that this would be the third highest cash price ever paid for an FM translator.

Some related statistics: There were 6,186 FM translators and boosters in the United States at the last FCC count, published mid-year. That is a 54% increase over 10 years from the 4,026 in June of 2006, and a 130% increase over 20 years from the 2,687 in 1996.