Since the July 29th window opening for FM translators, there have been a flurry of sales. In just the last week (August 5-12), we have monitored 11 more FM translators sales filed at the FCC for a total value of $357.5 thousand. This brings the total to date 88 sales of nearly $4 million in value.
We expect that the sales activity will continue to be strong as there is a tremendous opportunity for AM stations to improve their service (especially at night) utilizing these FM translators. In fact, According to BIA/Kelsey’s Media Access Pro™, as of August 15th, there are 1,727 AM stations utilizing 1,961 FM translators.