Beasley Buying Las Vegas

RADIO DEAL PART OF EXPANSION PLAN
[SOURCE: Las Vegas Review Journal, AUTHOR: Jennifer Robinson]
Beasley Broadcast Group expands its presence in Las Vegas by buying another radio station. "We have three FM stations in the (Las Vegas) market, and we want more stations in the market," said George Beasley, chairman and chief executive of the Naples, Fla., company. "We think KDWN will complement our present cluster. We'd like to continue to add more stations in Las Vegas, because we're excited about the high growth in the market. It's a dynamic market, and one of the Top 50 radio markets in the country -- none of which seem to be growing faster than Las Vegas." At 50,000 watts, and with its signal-boosting position on the lower end of the spectrum, KDWN is "about as big an AM station as you can build in the United States," said Dave Garland, owner of Dave Garland Media Brokerage in Houston. Garland said 50,000-watt stations are a rarity in America; of the 13,000 radio stations nationwide, fewer than 100 carry a 50,000-watt AM signal. KDWN is the only such station in Las Vegas. Its wattage means its broadcast range during the day is 200 miles. At night, when atmospheric conditions change, KDWN's signal spans the Western United States and into Canada, Mexico and sometimes Hawaii and Guam.
http://www.reviewjournal.com/lvrj_home/2006/Mar-29-Wed-2006/business/657...