Again, though, shares/ratings are a secondary consideration when it comes to some musical genres. Alternative rock, like country music, is a tough, tough sell in New York. Even stations that post what would be acceptable numbers for pop or urban formats find themselves in trouble on Madison Avenue, where ad agencies and their clients have a negative opinion of the sort of people who listen to them. As we are seeing with 92.3 and saw before with 94.7, even a format with significant barriers to overcome -- too many similar stations in the market in 94.7's case, appeal to the "poison" 55+ demo in 92.3's case -- is still viewed as having more bottom-line value in New York City than country or alt.
New Rock 101.9's "beauty pageant" numbers may have appeared OK on the surface, but the only way to truly judge the station's success would be to compare its billing with other stations in the market posting similar 6+ numbers.