Over the past handful of years, we now have seen the rise of tower leasing corporations nationally and worldwide.
Promoting their tower is interesting to some broadcasters as a result of it places a big sum of cash within the broadcaster’s fingers instantly upon the sale closing. Additionally the tower upkeep, lighting, website maintenance and different overhead objects now turn into the tower leasing firm’s accountability. Total, this idea provides a pleasant bit of cash to make use of for different areas of the business.
I need to say, on the floor, this association appears very interesting to a cash-strapped station proprietor. However until the station proprietor reads and negotiated the small print of the sale and lease-back settlement rigorously, she or he might finally encounter some surprising conditions.