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Royce International saga, update

leethalweapon

leethalweapon

The show rolls on...

Judge Rules Royce International’s Bankruptcy Won’t Be Converted Into A Liquidation.

"A federal bankruptcy judge has rejected an attempt to push the ongoing chapter 11 reorganization of Royce International Broadcasting into a chapter 7 liquidation of the company. Judge August Landis offered no explanation in his two-page decision which was brought in response to a petition filed by Larry Patrick, who earlier worked as a receiver for the Royce stations. The judge also ordered Patrick to provide additional accounting paperwork to Royce owner Ed Stolz as he works to finetune his reorganization plan."
 
It will be interesting to see when this is settled. I am intrigued when Stoltz says there are “5 to 6 broadcasters have so far expressed interest in buying KREV”. Who are they? Audacy, Bonneville, Salem or perhaps new to the market Hubbard. I would not count out VCY America as one of them either...
 
MartyG said:
It will be interesting to see when this is settled. I am intrigued when Stoltz says there are “5 to 6 broadcasters have so far expressed interest in buying KREV”. Who are they? Audacy, Bonneville, Salem or perhaps new to the market Hubbard. I would not count out VCY America as one of them either...
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What about Eagle Communications? They should also buy 95.7 The Game.
 
MartyG said:
It will be interesting to see when this is settled. I am intrigued when Stoltz says there are “5 to 6 broadcasters have so far expressed interest in buying KREV”. Who are they? Audacy, Bonneville, Salem or perhaps new to the market Hubbard. I would not count out VCY America as one of them either...
Click to expand...
No major broadcaster wants a signal that covers less than a third of the market with its 60 dbu and less than 25% with the 65 dbu.

It's a bad Class A FM in the one of the largest MSA areas in the country.
 
DavidEduardo said:
No major broadcaster wants a signal that covers less than a third of the market with its 60 dbu and less than 25% with the 65 dbu.

It's a bad Class A FM in the one of the largest MSA areas in the country.
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I did not know that 92.7 is one of the worst Class A FM in the country. Its signal pretty much covers Alameda, San Francisco, some of the Peninsula and not much of Marin County. No signal reach in San Jose I do believe...
 
MartyG said:
I did not know that 92.7 is one of the worst Class A FM in the country. Its signal pretty much covers Alameda, San Francisco, some of the Peninsula and not much of Marin County. No signal reach in San Jose I do believe...
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It's not a truly bad Class A. It is just a regular Class A in market that goes from Santa Rosa to Gilroy... and that makes any Class A in the SF market limited... and bad.
 
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MartyG said:
It will be interesting to see when this is settled. I am intrigued when Stoltz says there are “5 to 6 broadcasters have so far expressed interest in buying KREV”. Who are they? Audacy, Bonneville, Salem or perhaps new to the market Hubbard. I would not count out VCY America as one of them either...
Click to expand...
"Five to six broadcasters" in this case does not mean five to six MAJOR broadcasters.
 
DavidEduardo said:
It's not a truly bad Class A. It is just a regular Class A in market that goes from Santa Rosa to Gilroy... and that makes any Class A in the SF market limited... and bad.
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I moved away from the Bay Area before they moved their transmitter to Candlestick, but 92.7 had an OK signal when they were on the Bellaire Tower in Russian Hill, I expect it's a bit better down the Peninsula and toward Hayward compared to before. About the same in Oakland/Berkeley. Yes, it'll never be full-market. It's also odd that the Class A signal is located so close to the full-power class B's. Usually the A's are outliers (think KRTY, KKIQ, KKDV, etc). What David originally said was that no MAJOR broadcaster wants a class A signal that only covers part of the market. That's true. But I can see where a niche-market broadcaster could be looking to give it a try. Flying Bear did exactly that with their "pure dance" format. It eventually failed, but they also had a huge note to pay off, which probably affected their bottom line more than anything else. The likely sell price for 92.7 is one-sixth of that.

There's some discussion in another thread about wealthy individuals purchasing stations as a hobby. Not sure there's anyone in San Francisco that will do that, but there certainly are individuals who have the capability. Now... If Warren Hellman was still alive...

Dave B.
 
I think the only way a small signal works in a major market is that (1) there is no streaming available, (2) the format is unique, and (3) targeted to a specific audience. I believe 92.7 as KJAZ was reasonably successful for a time back in the day because there was a compelling reason to go to great pains to pick up the signal.

KPPC the previous call letters of KROQ back in the day ran 50 kW at 500 ft BELOW average terrain and barely got out of the San Gabriel Valley. Their progressive rock format was new and different, people all over LA were trying to find a way to get decent reception. Even the jocks passed along information from their chief engineer to help.
 
TomásEstefan said:
I think the only way a small signal works in a major market is that (1) there is no streaming available, (2) the format is unique, and (3) targeted to a specific audience. I believe 92.7 as KJAZ was reasonably successful for a time back in the day because there was a compelling reason to go to great pains to pick up the signal.

KPPC the previous call letters of KROQ back in the day ran 50 kW at 500 ft BELOW average terrain and barely got out of the San Gabriel Valley. Their progressive rock format was new and different, people all over LA were trying to find a way to get decent reception. Even the jocks passed along information from their chief engineer to help.
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You'd be hard-pressed to find listeners willing to go to that trouble today. More likely, if a large enough specific audience existed, a competitor would put a stream or HD channel up to siphon those listeners away.
 
michael hagerty said:
You'd be hard-pressed to find listeners willing to go to that trouble today. More likely, if a large enough specific audience existed, a competitor would put a stream or HD channel up to siphon those listeners away.
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You're absolutely right...try to find a high-gain roof-top FM antenna today...there aren't any available!
 
sfradio said:
The game is not flipping formats or selling unless they lose the warriors.
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sfradio said:
The game is not flipping formats or selling unless they lose the warriors.
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Thats true. If the Warriors did leave 95.7 thats a “nail in the coffin” for the station and most definite a format change. The only threat to KNBR would be itself unless lets say ABC has interest in buying KGO 810 away from Cumulus and turns it into a sports station...now thats competition!
 
michael hagerty said:
You'd be hard-pressed to find listeners willing to go to that trouble today. More likely, if a large enough specific audience existed, a competitor would put a stream or HD channel up to siphon those listeners away.
Click to expand...
There's a thread in "stations that people went to great lengths to hear"
 
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