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WABC-Building a Brand

Barry said:
Once again, WABC's owner is indicating he is seeking an additional FM signal for WABC.
I'm surprised he didn't buy WFAS FM 103.9. There may not be any other FM stations for sale for awhile that reach a large portion of the Metro area.
WABC
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I re-read that article you linked. He doesn't say he's seeking an additional FM signal. He said he's "closing a deal in the next room.' When asked if plans for FM are in the cards, he coyly replies that he has something up his sleeve. He doesn't say it's FM.

He also says, “We have additional plans for WABC that's going to put us even bigger on the map”...“I'm looking at WABC to be worldwide, an international station, not just east coast”

Maybe you read that as him saying he's trying to obtain an FM signal but it sounds to me more like someone who is working on a syndication deal or possibly getting a satellite channel or some other form of distribution.
 
Theater of My Mind said:
I re-read that article you linked. He doesn't say he's seeking an additional FM signal. He said he's "closing a deal in the next room.' When asked if plans for FM are in the cards, he coyly replies that he has something up his sleeve. He doesn't say it's FM.

He also says, “We have additional plans for WABC that's going to put us even bigger on the map”...“I'm looking at WABC to be worldwide, an international station, not just east coast”

Maybe you read that as him saying he's trying to obtain an FM signal but it sounds to me more like someone who is working on a syndication deal or possibly getting a satellite channel or some other form of distribution.
Click to expand...
Getting a SiriusXM channel would put Cats in Canada (along with the radios of subscription cheaters in parts of Mexico and the Caribbean using American mailing addresses) but not "worldwide." Shortwave would take WABC worldwide but would be an even sillier move than AM-only was. Syndication? For what? His own show? The whole schedule? I'm stumped. Maybe it's just Trumpian hyperbole and there's really nothing all that earthshaking in the works.
 
AllAccess indicates WABC is beefing up their news department (at a time when many other stations have been cutting back). They have rehired Noam Laden as their News Director. Laden was the morning news anchor at WOR. He also had been with WABC for many years, in the past.
 
Barry said:
AllAccess indicates WABC is beefing up their news department (at a time when many other stations have been cutting back). They have rehired Noam Laden as their News Director. Laden was the morning news anchor at WOR. He also had been with WABC for many years, in the past.
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and if it werent for mr money bags owner, i doubt theyd be doing all this.. id be shocked if WABC is turning a profit
 
delgriffith said:
I have a friend who says he’s profitable now. I can’t find any link that has that info. Anyone know?
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There's profitable, and there's profitable. Does that mean EBITDA profit, or after taxes and depreciation and amortization are taken off the top? Or is it just cash flow positive? Or true profitability, the way accountants would calculate it if the company were a public entity, subject to GAAP (Generally Accepted Accounting Principles)?

We don't know, because Cats has a private company. He doesn't have to publish revenue, expenses and taxable earnings, except to the IRS and state taxing authorities. (And we know from Trump how much corporate tax returns for private entities are subject to manipulation by the wealthy and their accountants and tax attorneys.)

Cats also bought WABC outright, so is he amortizing the purchase, or not, when he calculates profit or loss? And is his accounting team allocating salary and overhead for those of his employees that work for both WABC and other parts of his Red Apple corporate empire? (As one example, the CFO and accounting team that has to figure these questions out.)

I don't have any of those answers. Neither do you, or anyone else on this board who's not an insider (and I doubt they're going to spill the beans in a public forum like this). So ultimately we get back to the original question: what does profitable mean in this context?
 
Barry said:
Once again, WABC's owner is indicating he is seeking an additional FM signal for WABC.
I'm surprised he didn't buy WFAS FM 103.9. There may not be any other FM stations for sale for awhile that reach a large portion of the Metro area.
WABC
Click to expand...
Isnt WFAS FM a "rimshot" to New York City and Long Island???
 
BJSteigner said:
Isnt WFAS FM a "rimshot" to New York City and Long Island???
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It is not a "rimshot" as it is inside the New York City Metro Survey Area. It is simply a station that does not fully cover the whole market due to a limited signal, just like WLNG in Sag Harbor.

Correctly, a "rimshot" is a station licensed outside the MSA trying to cover all or part of a market from outside.
 
There hasn't been much talk of late about Pacifica running short of money and perhaps being open to a big money offer for 99.5 FM. That seems likely -- barring a fire sale by Audacy -- to be the next full market FM signal to possibly be available.
 
OldiesMaven said:
There hasn't been much talk of late about Pacifica running short of money and perhaps being open to a big money offer for 99.5 FM.
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Do you remember what happened the last time? It wasn't that long ago. The courts ruled against Pacifica, in favor of WBAI.

radioinsight.com

Judge Orders Return Of WBAI To Local Control

Manhattan Supreme Court Justice Melissa Crane ruled today that the Pacifica Foundation must return control of 99.5 WBAI New York
radioinsight.com radioinsight.com

Pacifica has sold its own headquarters building in Berkeley and is now sharing space with KPFK in LA

Any attempted sale would result in legal action by the local board that runs WBAI.
 
OldiesMaven said:
There hasn't been much talk of late about Pacifica running short of money and perhaps being open to a big money offer for 99.5 FM. That seems likely -- barring a fire sale by Audacy -- to be the next full market FM signal to possibly be available.
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That would be the perfect opportunity to move WQXR back to a full power signal. 99.5 is a great frequency as you have 99.1 and 99.9 in Connecticut so that reduces the chance of first adjacent channel interference in its coverage area.
 
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