Issue link: https://www.epageflip.net/i/5680
Saturday, January 2, 2010 – Daily News – 5B TOP PICKS REAL ESTATE TEHAMA COUNTY REAL ESTATE TEAM • OPEN 7 DAYS A WEEK www.redbluffcoldwellbanker.com See All Tehama County Listings at C & C PROPERTIES An Independently owned and operated Member of Coldwell Banker Residential Affiliates. 741 Main Street, Suite #2 Red Bluff, CA 96080 1-800-287-2187 (530) 527-2187 FORECLOSURES- ~ 3/2 on 1.5 Acres................................$150,000 prop code 4919 ~ 3/1 with Lg backyard............................$67,900 prop code 4009 ~ 2/1 Townhouse .................................... $70,000 prop code 4349 ~ 3/1 on 4.5 acres...................................$75,900 prop code 4829 ~ Duplex on Corner Lot........................$104,900 prop code 4699 ~ 3/1 w/ Lg backyard ............................ $109,900 prop code 4099 ~ 3/2 w/ lots of storage.........................$153,900 prop code 4119 ~ Large updated 3/2.............................$167,900 prop code 4379 ~ Newer 3/2 w/ fenced backyard ..........$167,900 prop code 4149 ~ 4/2 on 3 private acres........................$215,180 prop code 4519 ~ 3/2 on 7.8+ acres .............................. $238,500 prop code 4959 ~ 3/2 W/ Lg custom floor plan...............$249,100 prop code 4259 FOR 24/7 PROPERTY INFO CALL 1-888-902-7253 AND ENTER THE PROPERTY CODE FROM THE AD. LICENSE # 01486553 Robert Thayer Cell: 530-515-3367 E-mail: robert@selltehama.com North State Properties Bank owned 2 bed 1 bath PENDING 10 acres south west Red Bluff, power, phone on road. $55,000 3.43 acres well, septic, power, shop $161,000 5 acres West end of Walnut Street in Red Bluff $175,000 2247 sq. ft. 3 bed 2.5 bath $180,000 2109 sq. ft. 4 bed 2 bath $198,000 3120 sq. ft 3 bed 2 bath 3 car garage on 10 ac PENDING Bank owned 2006 1915 sq. ft. 3 bed 2 bath $199,900 1734 sq. ft 3 bed 2 bath with second home on 10 ac. $250,000 160 ac. with 1000 sq. ft. cabin with year round creek $280,000 Bank owned 2522 sq. ft. 3 bed 3 bath on 3.24 ac $324,000 Remodeled 4 bedroom, 2 bath, fenced yard, large carport. $89,000 OWC!! Contact Jamie Hess (530) 921-4849 $2,000 DOWN ON 10 AC. PARCELS A Must See With Only $5000 Down I ALSO HAVE FOR Lake Shasta Time Shares Big 3 story house on 3 acres that sleeps 44! Two houses (19 Rooms) customized into one! Lake Shasta Views, Pool w/waterfalls, Jacuzzi, HotTub, Recreation Room, Sale/Rent Timeshares, half or whole by the day or week. Call for information: Jamie Hess @ 530-921-4849 Visit the website @: www.silverthornvacationhome.com WESTERN REAL ESTATE MINCH PROPERTY MANAGEMENT 760 Main St. • 530-527-5514 Commercial Properties For Sale: • 330 Walnut St. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15,000 sq/ft • 734 Main St. (Owner financing available) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3,250 sq/ft • 840 Main St. (Or lease) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11,400 sq/ft • 1870 Montgomery (Industrial) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 Acres • Flores Ave/I-5 ( Industrial freeway frontage) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 53 or 62 Acres • Large Lot (Vacant) on Byron Ave near Gilmore . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Possible 6 units • 13545 Saint Marys Ave. (Or lease) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 40,000 sq/ft Commercial Properties For Lease: • 590 Antelope Blvd. (Quality, energy efficient suites) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 832 sq/ft • 340 South Main St. (Riverside Plaza) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .35,000 sq/ft pad • 705 Jefferson St. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .3150 sq/ft • 460 Antelope Blvd. (Retail space available in Holiday Market) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .1 to 3,000 sq/ft • 731-741 Main St. (Upstairs) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . various size suites • 349 Pine St. (Office space) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 819 sq/ft • 225 Walnut St.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2,000 sq/ft • 807 Jefferson St. (Professional suites) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . various sizes • 955 Main St. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2,995 sq/ft • 22660 Antelope Blvd. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18,000 sq/ft • 22686 Antelope Blvd. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14,000 sq/ft • 22690 Antelope Blvd. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18,240 sq/ft • 417 Main St. (Office space) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1377 sq/ft • 741 Main St. #14 (Downstairs) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1000 sq/ft • 821 Walnut St. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1750 sq/ft Jody D. Bartley Home Mortgage Consultant 750 Main Street Red Bluff, CA 96080 530-528-7700 Phone Wells Fargo Home Mortgage is a division of Wells Fargo Bank, N.A. © 2009 Wells Fargo Bank, N.A. All rights reserved. 103759 8/09 We're ready to help you. Call today! Bring Your Homeownership Plans To Life Everyone has personal and financial goals, but not always a plan to reach them. When you work with a knowledgeable home mortgage consultant, we help you get the guidance and home financing solution that meets your needs, whether you're: • Purchasing your first home • Investing in rental properties or a second home • Looking to make the most of the equity in your home Broadcasters' woes could spell trouble for free TV NEW YORK (AP) — For more than 60 years, TV stations have broadcast news, sports and entertainment for free and made their money by showing com- mercials. That might not work much longer. The business model is unrav- eling at ABC, CBS, NBC and Fox and the local stations that carry the networks' program- ming. Cable TV and the Web have fractured the audience for free TV and siphoned its ad dol- lars. The recession has squeezed advertising further, forcing broadcasters to accelerate their push for new revenue to pay for programming. That will play out in living rooms across the country. The changes could mean higher cable or satellite TV bills, as the net- works and local stations squeeze more fees from pay-TV providers such as Comcast and DirecTV for the right to show broadcast TV channels in their lineups. The networks might even ditch free broadcast signals in the next few years. Instead, they could operate as cable chan- nels — a move that could spell the end of free TV as Americans have known it since the 1940s. ''Good programing is expen- sive,'' Rupert Murdoch, whose News Corp. owns Fox, told a shareholder meeting this fall. ''It can no longer be supported sole- ly by advertising revenues.'' Fox is pursuing its strategy in public, warning that its broad- casts — including college foot- ball bowl games — could go dark Friday for subscribers of Time Warner Cable, unless the pay-TV operator gives Fox high- er fees. For its part, Time Warner Cable is asking customers whether it should ''roll over'' or ''get tough'' in negotiations. The future of free TV also could be altered as the biggest pay-TV provider, Comcast Corp., prepares to take control of NBC. Comcast has not signaled plans to end NBC's free broad- casts. But Jeff Zucker, who runs NBC and its sister cable chan- nels such as CNBC and Bravo, told investors this month that ''the cable model is just superior to the broadcast model.'' The traditional broadcast model works like this: CBS, NBC, ABC and Fox distribute shows through a network of local stations. The networks own a few stations in big markets, but most are ''affiliates,'' owned by sepa- rate companies. Traditionally the networks paid affiliates to broadcast their shows, though those fees have dwindled to near nothing as local stations have seen their audience shrink. What hasn't changed is where the money mainly comes from: advertising. Cable channels make most of their money by charging pay-TV providers a monthly fee per sub- scriber for their programing. On average, the pay-TV providers pay about 26 cents for each chan- nel they carry, according to research firm SNL Kagan. A channel as highly rated as ESPN can get close to $4, while some, such as MTV2, go for just a few pennies. With both advertising and fees, ESPN has seen its revenue grow to $6.3 billion in 2009 from $1.8 billion a decade ago, according to SNL Kagan esti- mates. It has been able to bid for premium events that networks had traditionally aired, such as football games. Cable channels also have been able to fund high- quality shows, such as AMC's ''Mad Men,'' rather than recy- cling movies and TV series. That, plus a growing number of channels, has given cable a bigger share of the ad pie. In 1998, cable channels drew roughly $9.1 billion, or 24 per- cent of total TV ad spending, according to the Television Bureau of Advertising. By 2008, they were getting $21.6 billion, or 39 percent. Having two revenue streams — advertising and fees from pay-TV providers — has insulat- ed cable channels from the reces- sion. By contrast, over-the-air stations have been forced to cut staff, and at least two broadcast groups sought bankruptcy pro- tection in 2009. Fox illustrates the trend: Its broadcast operations reported a 54 percent drop in operating income for the quarter that ended in September. Its cable channels, which include Fox News and FX, grew their operating income 41 percent. Analyst Tom Love of ZenithOptimedia estimates that ad revenue at the big networks dropped 9 percent in 2009 and will be followed by an 8 percent drop in 2010 and zero growth in 2011. A small chunk of the ad rev- enue is being recouped online, where the networks sell episodes for a few dollars each or run ads alongside shows on sites such as Hulu. Media economist Jack Myers projects online video advertising will grow into a $2 billion business by 2012, from just $350 million to $400 million in 2009. But that is not significant enough to make up for the lost ad revenue on the airwaves. Adver- tisers spent $34 billion on broad- cast commercials in 2008, down by $2.4 billion from two years earlier, according to the Televi- sion Bureau of Advertising. So rather than wait for the Internet to become a bigger source of income, the networks and local stations are mimicking what cable channels do: They're charging pay-TV companies a monthly fee per subscriber to carry their programming. Since 1994, the Federal Com- munications Commission has let networks and their affiliates seek payments for including their pro- gramming in the pay-TV lineup. Not everyone demanded pay- ments at first. Instead they relied on the broader audience that cable and satellite gave them to increase what they could charge advertisers. The big networks also were content to let their broadcast sta- tions essentially be subsidized by higher fees for the cable channels that fell under the same corporate umbrella. A pay-TV company negotiating with the Walt Disney Co., which owns ABC, is likely paying more for the ABC Fami- ly channel than it otherwise would, with the extra assumed to help Disney cover its costs for the ABC network broadcasts. But over time — such con- tracts generally run about three years — more networks began demanding payments for the sta- tions they own. And affiliates already receiving the fees have bargained for more money. Some talks have been tense. In 2007, Sinclair Broadcast Group, which operates 32 net- work-affiliated stations around the country, pulled its signals for nearly a month from Mediacom Communications Corp., which provides cable TV to about 1.3 million subscribers, mainly in small cities. Mediacom may again lose signals from Sinclair's affiliates in markets as large as Des Moines and Cedar Rapids, Iowa, after last-ditch negotiations on fees Monday failed to produce a replacement for an agreement expiring Friday. Mediacom spokesman Tom Larsen said Sin- clair wants a 50 percent hike in fees, though neither company would provide specific figures. Sinclair's general counsel, Barry Faber, said no new talks have been scheduled. The American Cable Associa- tion says its members — mainly small cable TV providers — have seen their costs for carrying local TV stations more than triple over the past three years. The group's head, Matt Polka, says those fees have gone ''straight to consumers' pocket- books'' through higher cable bills. Gannett Co., for instance, which operates 23 stations, has taken in $56 million in fees from pay-TV operators in 2009 after negotiating a new batch of agree- ments, up from $18 million in 2008. Dave Lougee, president of Gannett's broadcast arm, defends the fees, saying ''broad- casters were late to the game in really starting to go after the fair market value of their signals.'' Analysts estimate CBS man- aged to get as much as 50 cents per subscriber in its most recent talks with pay-TV providers that carry CBS-owned stations. CBS Corp. chief Leslie Moonves said such fees should add ''hundreds of millions of dollars to revenues annually.'' That could be just the begin- ning. CBS and Fox are also ask- ing for a portion of the fees that their affiliates get, arguing that the networks' shows are what give local stations the leverage to ask for fees. Over time, the networks might be able to get even more money by abandoning the affili- ate structure and undoing a key element of free TV. Here's why: Pay-TV providers are paying the net- works only for the stations the networks own. That amounts to a little less than a third of the TV audience, which means local affiliates recoup two-thirds of the fees. If a network operated pure- ly as a cable channel and cut the affiliates out, the network could get the fees for the entire pay-TV audience. If forced to go independent, affiliates would have to air their own programming, including local news and syndicated shows. Fitch Ratings analyst Jamie Rizzo predicts that at least one of the four broadcast networks ''could explore'' becoming a cable channel as early as 2011. Any shift would take years, as the networks untangle compli- cated affiliate contracts. At an analyst conference in 2008, CBS's Moonves called the idea an ''a very interesting proposi- tion.'' But he added that it ''would really change the uni- verse that we're in.'' MCT photo Comcast founder Ralph J. Roberts, right, and his son Brian Roberts, chairman and CEO, are shown Nov. 24 in Philadelphia. The company will buy NBC Universal giving it control of the broadcast network and several cable channels.