WKLB makes a strong move into the top 5
They'd be better off selling artisinal muffins and teaching spin classes at this point as a business venture.
I don't even need to get into how they managed to get a 1 share by trying to play the hits, or even the KROQ debacle. They'd be better off selling artisinal muffins and teaching spin classes at this point as a business venture.
Entercom got rid of the better of two sports stations and the better of two rockers. For that, they have a 2.5 to 1 deficit in share in morning drive and $8 million in gross cash after, yep, Beasley drove them out of the format. To illustrate how not great that dollar figure is, Mindich got $11 million for WFNX eight years prior.
And, as I mentioned before, the alt audience in LA was shrinking every year.
Remember, those trades were needed to get FCC and DoJ approval of the CBS merger. They would have kept them if they could.
I'm getting really tired of the calling of the KROQ decline a "debacle".
And yet just three years ago, they were considered among the best owners.
Right. They could have kept Sports Hub and WZLX, and jettisoned WEEI and WAAF, no?
Magic is noticeably down. Was the mid-day change a good idea?