Hearing from a very good source that a big cluster is leaving NYC any guess who it could be? Announcement to come soon from what I hear .
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Hearing a big cluster ..
- Thread starter radioislife2020
- Start date
Can't be iheart or audacy. Univision? They already sold 92.7.
Could be Emmis or maybe Cumulus finally sells their remaining stations.
Why do I get the feeling it will be something mundane, like Salem Media moving their studios to Seacaucus or something.
Univision already moved its radio operations to NJ. Done.
They are also completing the move of the corporate offices to FL.
"Moving" is not the same as "Selling". "Moving" means removing operations from NYC and, possibly, NY state to another location that is more efficient cost-wise.
Oh my mistake.
OP didn't say "moving," he said "leaving NYC." That's ambiguous, it could either mean leaving high-rent Manhattan for cheaper studio space in New Jersey, or exiting the market altogether. I took it to mean the latter.
You mean Mediaco? They purchased majority control of WBLS and Hot a few years ago.
I agree. During the pandemic people have been working more from home, making expensive Manhattan facilities extraneous. Every company has efficiency experts looking for ways to consolidate resources. There was a stretch when the CBS cluster was operating from four different buildings around town. They consolidated everyone on Hudson street just a few years ago, so I doubt its them. iHeart is also fairly consolidated in mid-town.
The Emmis/Mediaco situation is very different. Jeff seems to be planning some kind of retirement strategy. Perhaps he's ready to make that situation more permanent.
I don't consider where iHeart is to be Midtown. More like Soho, Canal Street area.
iHeart will be shortly moving their New York studios from 32 Avenue of the Americas into the building where the company's main headquarters are on 55th Street.
That's the building I meant.
Actually, it's in Tribeca.
Apologies to Jimmy Ruffin and fans of his classic Motown hit, but I couldn't help but sing that question. Wish I could come up with a rhyme for "theater."
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