HR issues are not publicly "confirmed". This is not subject for a press release.
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The Sound to be Born Again as a EMF-owned Station
- Thread starter only1moore
- Start date
HR issues are not publicly "confirmed". This is not subject for a press release.
Alright then. I assume Entercom will do swaps for their remaining spinoffs in Boston, Seattle, San Francisco, and Sacramento.
At this point, there is nothing that can be "assumed". They will do whatever is necessary and expedient to get DoJ and FCC approval. If they can, they will avoid tax implications, but if that is not possible they will have to do straight sales.
I'm sure Sky is smiling from ear to ear!!! This is a big boost to get new listeners to The New 88.5FM in LA and OC. No word when KSBR HD2 will be heard in Orange Co. Joe G
Meanwhile, I will continue bracing for impact until the DOJ and FCC approve the merger.
Even with the expansion, the signal isn't strong enough to make a dent into the market. Also 88.5's marketing budget is a drop in the bucket versus traditional radio stations. It's likely these listeners will migrate to KLOS or Jack. I feel bad for Salem and The Fish. 100.3 will seep into areas they have not been able to cover before.
EMF=The radio industires largest unemployer!
Mike: You're proving the old adage about "assume". Sit back, watch and learn. You've spent six months on these boards playing armchair CEO, suggesting swaps and format changes that simply show you're not very well-versed about what actually happens in these situations.
Helpful hint: In today's radio, if you're divesting, the first thing you want to do, if possible, is get the station into the hands of someone who won't use it against you. Ethnic, brokered, religious...whatever.
I would rather see Entercom swap stations in markets to companies who aren't maxed out for stations in markets where Entercom isn't maxed out, which would be the most likely case for Entercom's other divestitures. I consider selling stations to non-commercial operators a last resort.
Well, we know the aggregate purchase price suggests that KSWD went for slightly under $55 million. Given the minimal cash flow and billings and the lesser signal, that fits right in with the $82 million price for KPWR two months ago.
That's your preference. Very different from a prediction. And very, very different from a strategy...especially a winning one. Selling stations to non-comms, or commercial broadcasters who program in different languages, gets you cash and takes a potential competitor off the board, which increases your chances of a healthy market share.
While I'm still surprised about the sale of KSWD to EMF considering the conflict over the K-Love branding with Univision, I'm not expecting Entercom's remaining divestitures being sold to non-commercial owners. In fact, Entercom should have plenty of options for their divestitures.
Sounds about right. Someone once calculated the value of KSWD when Bonneville swapped with Entercom to grease the wheels on the Lincoln Financial deal. Can't remember, but recall you have to stand on your head, wiggle your left foot, and recite "turn me on, dead man" backwards. Talk about buy high and sell low, but the landscape has changed since Bonneville overpaid for 100~Three. All three stations go non-comm and request waivers on the main studio rule. Interesting that EMF can bail on the Wilkes-Barre station and reduce the three station price if remediation issues exceed $50k. Gotta be an interesting story there.
Mike Novak, the CEO of EMF, is a pro (one of the best jocks at KFRC in the 70s and 80s). He's been planning the introduction of the K-Love brand in Los Angeles for some time. You can bet there's been conversations between EMF and Univision and that there will be some announcement fairly soon.
Meanwhile, I will continue to brace for impact until the DOJ finally approves the CBS Radio-Entercom merger.
Safe assumption.
Is anyone even a little surprised that Entercom ended up deciding to unload 100.3 instead of moving KROQ there and selling off the much inferior 106.7? Am I misremembering that those were the two signals that they said were being considered to get under the cap?
Moving a legendary brand to a new frequency is certainly not trivial, but they aren't making any more Mt. Wilson FMs.
Moving a legendary brand to a new frequency is certainly not trivial, but they aren't making any more Mt. Wilson FMs.
How many years has KLVE been K-Love? I remember seeing the billboards in the 1980s.
Since the early 70's when it was first given the name by owner PSA, the airline company. It kept the name when it went Spanish 40 years ago.
I am just disappointed that again, it is my favorite station playing my favorite music (classic rock, AAA, or a mix of the two) that is the one on the chopping block, no matter how predictable the outcome (I and many others predicted this outcome once the merger was announced - it wasn't the hardest scenario to figure out).
But how many times has this happened? KNX-FM, KMET, KMPC-FM/KEDG, KLSX, KSCA, KQLZ ("Pirate Radio"), KACD/KBCD ("World Class Rock") and now KSWD. I could also count Arrow 93, but due to high repetition Arrow 93 was never my favorite, and as I've mentioned before, I always thought "Jack" was the logical successor to Arrow. The list would be double if I included the soft rock/light hits, pop, and oldies formats that, although are not my favorites, I also enjoyed extensively, and rock/pop stations that passed away before my time, such as KFWB and KRLA (although I do remember "Hit Radio 11, K-R-L-A" very well from my childhood).
Sirius/XM is definitely not as good as it was during the Lee Abrams era (please, for the love of God, bring him and his programming back!) but they do have over a dozen rock channels and I never have to worry about whether any of them (at least the ones I listen to) will be there when I tune them in again tomorrow. And of course I understand it isn't always just me, almost everyone losses their favorite station eventually, it just seems to happen to us rock and AAA fans way more often.
But how many times has this happened? KNX-FM, KMET, KMPC-FM/KEDG, KLSX, KSCA, KQLZ ("Pirate Radio"), KACD/KBCD ("World Class Rock") and now KSWD. I could also count Arrow 93, but due to high repetition Arrow 93 was never my favorite, and as I've mentioned before, I always thought "Jack" was the logical successor to Arrow. The list would be double if I included the soft rock/light hits, pop, and oldies formats that, although are not my favorites, I also enjoyed extensively, and rock/pop stations that passed away before my time, such as KFWB and KRLA (although I do remember "Hit Radio 11, K-R-L-A" very well from my childhood).
Sirius/XM is definitely not as good as it was during the Lee Abrams era (please, for the love of God, bring him and his programming back!) but they do have over a dozen rock channels and I never have to worry about whether any of them (at least the ones I listen to) will be there when I tune them in again tomorrow. And of course I understand it isn't always just me, almost everyone losses their favorite station eventually, it just seems to happen to us rock and AAA fans way more often.
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