JJSPC1372, you mean the WMVP relocation on the 820 night tower? I did not know Newsweb owned the land/tower. Thought they were leasing it. That land is not very desirable for buildout, at least not now.

I also believe Newsweb owns the real estate on Milwaukee ave where the studios are located.

AM station values have corrected in the last 10 - 20 years. We can muse but the main factors are, down listeners, lack of technology (digital ISP delivered content), change of the family structure, more women working during the day). AM stations no longer take in brokering dollars like they used to. (see reasons before and add on: no FM counterpart, why pay high rent when you can sit at home and stream or upload your content for audiences?) For radio geeks, listening to music filler on Brokered AM's is a cool oddity, for the owner every second of music filler is closer to death.

A friend and I were going to test a gold dance format and also a HOT AC gold format you do not hear on terrestrial radio by brokering AM time, since there is no full signal FM that offers it. We elected against it, even with lower broker rates. Why even bother when there is no AM Stereo or AM HD? We'd chase away any potential listeners that would even tune in. Taking it online, we can be international w/ high fidelity. (This is same with spoken word brokering).

Z