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Media brokers who buy and sell magazines are particularly sensitive about negative reports.
The rush to buy cable television systems appears to be slowing, industry executives and media brokers say.
I checked with a media broker who places placards on buses and taxis.
His father is a media broker who negotiates sales of the licenses and assets of radio stations.
"People are always moaning about how somebody can get that kind of money," said Gary Stevens, a media broker specializing in radio transactions.
He was the founder of Choueiri Group, the Middle East's largest media broker.
Gary Stevens, a media broker, says only a handful of AM stations, but most on FM, are earning money.
The acquisition was made in partnership with the American private equity firm and media broker Veronis Suhler Stevenson, part-financed with credit loans.
"I think WFAN is highly profitable," said Gary Stevens, a media broker based in Stamford, Conn., who is familiar with the business of selling radio stations.
Media brokers and Wall Street bankers have begun advising clients on what is expected to be a scramble of mergers that would reshape the media landscape in many communities across the country.
The company has signed a deal with InterAir Media, a media broker specializing in the airline industry, to sponsor branded airplanes flying from Las Vegas McCarran International Airport.
George Otwell, 63, a retired media broker in the broadcast industry, and his wife, Linda, have owned four different homes and a lot in the development since it opened and now live on the first hole of a golf course.
Several sources said they had been approached by a Los Angeles media broker, Norton J. Lehman, who recently handled the sales of both Broadcasting, a trade maagazine, and Variety, the trade paper, about a possible sale.
"Companies that decided they needed to own two stations in a single market to survive may conclude that now they need four," said Gary Stevens, a media broker in New Canaan, Conn., who helps sell radio stations.
Radio vet Kevin McCarthy was reported to have expressed serious interest in buying the station, but interference from a local media broker, who was trying to force its way in as a middleman on the transaction, ended up ruining the deal.
Also charged was Mary Ann Nevins, 41, of White Plains, an associate of Mr. Goldschmidt, and Kenneth Hochman, 32, of Brooklyn, a media broker who acted as a contact for Mr. Goldschmidt.