CHIN would never be sold as a stand alone. It would most likely go as a cluster plus deal.
Don’t forget, there’s CHIN AM 1540, plus also CHIN FM Ottawa.
It is not likely that just one station alone would be sold.
However, for example sake, 100.7 IS a very strong signal. Couple that with the shortage of available signals in the Toronto market and you have…oh wait! Before suggesting a price, keep on mind the format might be CRTC protected.
With 100.7 being restricted to multicultural use, a price in the millions might be shortened or limited to the reality of what a multicultural broadcaster is willing to pay.
It’s hard to place an exact price on that.
When Newcap bought 97.3 and 93.5FM a few years ago, $112 million got them 5 stations. The two in Toronto and 3 in other markets.
While this could easily sugget that the Toronto frequencies are worth 22.4 million each, the math may be a little off if any of the other 3 stations were actually worth more.