How to Buy a Television or Radio Network




Communication comes in many forms including television and radio. You will remember that in the past decade there has been a surge not only in the types of music and television programs but in the number of television and radio networks. Some of these networks have grown and become quite profitable while others were disasters that flopped and are no longer on the air. You can find a TV network for sale or even a radio network for sale through various methods.

Finding a Television Network for Sale
One way to find television businesses for sale is through an Internet search and asking around in your community. You can even contact the various TV networks to determine if one of the television businesses is for sale in your area. In fact, your strongest option is to locate one through direct contact with the station manager who will then be able to connect you with the station owner for buying the TV network for sale.

Finding a Radio Network for Sale
Radio stations and radio networks for sale are found using the same method as finding television network for sale. It will be important to be resourceful to find a potential seller in this niche of the communication industry. Do not despair because it is very probable to find a great radio network for sale.

Legal Assistance
You will need to have a strong business lawyer to help you finalize the paperwork for the sale and to make certain that everything is accurate on the legal forms. It is important to secure a business lawyer that is familiar with FCC regulations and knows about the radio and television industry. The lawyer will be able to help you think of aspects of the business that you might have missed without the legal assistance.

Bank Loan
In order to acquire a network, you will need some sort of funding. This would not fall under your traditional small business loans. You will need to find a bank that is willing to give a medium or large commercial business loan to you and make the necessary applications. Again, a business lawyer will be able to assist you with this aspect of buying a television or radio network.

Making Changes to the Network
One big mistake that new network owners make in the initial phase of buying a new radio or television network is changing the network format and theme. The network may not be extremely profitable but it has built up some level of customer loyalty and following. If the network is successful and the owner is simply retiring, you can be certain that there is a strong following and listeners or viewers that are extremely loyal to the network. Suddenly changing the theme or format of the new network that you buy can completely ruin and destroy the network causing you to lose your investment very quickly. While you will need to make some changes to the company, it is important not to sabotage the network by the changes being sudden or drastic in nature.

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