Deets here: http://www.businesswire.com/news/ho...ces-Definitive-Agreement-Acquire#.VIW4_DHF8ms
How does this affect 94Q, er, Q100, um Star 94?
How does this affect 94Q, er, Q100, um Star 94?
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Lincoln Financial Media acquired by Entercomm
- Thread starter bclark71.
- Start date
Hopefully Rick Dees back on the weekends. He's on their sister Hot AC station FM100 in Memphis. Cross my fingers.
Folks this is big news regardless of what format you prefer to listen to. Entercom radio stations sound sharp but their playlists are not the simple corporate cookie cutter stations. In Kansas City, Entercom has several stations and all stand out from the Iheart, Cumulus and CBS competitive formats.
We all agree Iheart and Cumulus (the suits) have ruined radio but Entercom is probably the last standing true local radio corporation. If you are wanting active rock, oldies, variety - Whichever.... Entercom would do it right! No, I don't work for Entercom, I'm just have a radio geek orgasim at the moment.
We all agree Iheart and Cumulus (the suits) have ruined radio but Entercom is probably the last standing true local radio corporation. If you are wanting active rock, oldies, variety - Whichever.... Entercom would do it right! No, I don't work for Entercom, I'm just have a radio geek orgasim at the moment.
Emmis is also a good 'independent' group..I have heard no negative comments (have friends at both groups...who say they would not leave for a Cumeless/Cc-iHeart job even if the money was better! They like where they are at for toooooo long)
Emmis is another one. I actually live in St. Louis and tend to enjoy Alternative and classic rock music. Here in St. Louis, we have The Point which is a unique alternative station which tends to be harder than most alternative stations during the day and more indie sounding at night. They also do a way back weekend where they dig deep, like real deep, into the 90s industrial rock and grunge era. Then when have the legendary KSHE 95. This station has an huge library of classic rock and on Sunday mornings, they do about 6 hours of deep classic rock and classic hits. Stuff I have never even heard. Yes, you will hear King Crimson on KSHE. They also do a show called "Seventh Day" which is about 4 hours long where they play selected albums in their entirety without any interruptions. Last night they did the Black Sabbath first album and the 1965 album from The Byrds so you get the feel of a station that is not afraid to play the hard rock of the 70s and hair bands of the 80s while still playing the psychedelic stuff from the 60s, a side of classic rock that most stations have moved away from.
So yes, I will agree, Emmis and Entercom are the two you want to see come to a metro area.
So yes, I will agree, Emmis and Entercom are the two you want to see come to a metro area.
I'll also add that Emmis and Entercom don't have format turnover rates nearly as high as the Iheart/Cumulus/CBS stations. Some of the oldest classic rock, active rock, alternative, and AC stations in the country are owned by these two giants which tells you they are doing something right if they can keep a format going for 10 plus years. KSHE has been rock since 1967 and still rates in the top 5 and like I said above, many active rock stations owned by Iheart and Cumulus have flipped to alternative due to the lack of ratings and billing for active rock (project 961 for example). With Entercom and Emmis, those active rock stations are still standing and are still pulling in good numbers.
Entercom is not known for its management, and Lincoln Financial is. Not understanding why the price was so low.
It wasn't that long ago that Star, or any decent stick was worth 90 million. Really cheap price for the chain, but LF hasn't wanted stations years.
While I'm sure you are right, I really hope you are wrong.
I think the swap scenario is very plausible. Lance Venta mentioned Entercom possibly trading Atlanta and Miami for the CBS stations in San Diego and perhaps another market. Makes sense since CBS has announced its intentions to sell all but the biggest markets. And CBS just consummated a similar trade with Beasley.
I'm still kind of surprised by the low price. Did LFM want to exit radio that badly? And where were Cumulus and Alpha, a company that's been aggressively buying stations?
I'm still kind of surprised by the low price. Did LFM want to exit radio that badly? And where were Cumulus and Alpha, a company that's been aggressively buying stations?
Yes IMHO: If you were a Lincoln Financial Group shareholder, this should have happen a decade ago. I believe they were the last major insurance company in broadcasting.
I said after the Jefferson-Pilot merger that the longer LFM kept their stations the less they would get for them. They put the stations on the block as soon as the buyout was done. They unloaded J-P Sports to Raycom pretty fast. I wonder how much Cumulus offered for them a few years back.
Cumulus offered too little for LFM a few years back. LFM wanted out of radio the second they bought Jefferson-Pilot.
J
JonFever
Guest
I've been hearing a ton of rumors about an oncoming economic collapse as great or greater than in 2008. Perhaps, as bad as that selling price appears, they are getting out while they can.
Whose infomercials have you been watching?
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