The Trojan Horse Deal to Rope in Station Buyers

  • Jeff Warshaw is rushing to almost give away Alpha stations that are a drag on his Connoisseur merger.
  • The only surviving radio buyer EMF is not interested so Warshaw has concocted a scheme that helps get his expenses down.
  • What he is doing to make it virtually impossible for a potential buyer not to buy his unwanted stations.
  • But it’s blinding the downside risk which should trigger “buyer beware”.
  • This is the future of selling radio stations specifically for small-to-mid-sized markets – imitators will follow.

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