There are several known parties interested in the former Emmis properties, including SBS and Urban One. And Mr. Cat is as wild card and if he bought an FM, he won't be looking as much at multiples as at opportunities.
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ESPN 98.7 FM to be no more come August 31, 2024
- Thread starter NYAZSporty
- Start date
Yeah, for a market its size, New York is underserved when it comes to Spanish FMs. Compare it to LA.
Granted, New York, due to being a majority Dominican market, is hard to program for.
As I’ve mentioned before, here’s your chance to make it happen. Form a group of like-minded pals, pool your money, purchase the station or the LMA, and show the world how Alternative, Country, EDM, etc is done right!
It's not a majority Dominican market. It is, however near 50% Dominican among 18-49 Spanish dominant persons.
The largest group overall is Newyorican, with four resident generations of persons from the Island or descendants of the Marine Tiger mass migration of the 50's and well into the 60's.
There are now over a million Mexicans or Mexican Americans, but their legal status makes it hard for Nielsen to measure them. There is also a huge Ecuadorian community, as well as a huge variety from everywhere else.
It's no harder to program for Dominicans than for any other group. The station I set up, structured and hired for in 1986 is still going strong at an absolute #1 in La República: Z-101 and El Gobierno de la Mañana.
I'm speaking from the perspective that New York is the only market in the US where Dominicans are the majority among Spanish dominant people. This makes it unique among radio market. It is neither Pan-Caribbean like the Northeast or Florida nor mostly Mexican like the West or Southwest.
What do you mean by Northeast? New York is part of the Northeast. Do you mean Boston?
That isn't accurate. There are many areas where ESPN-branded stations are the only game in town with limited local programing. What you're implying is a scenario unique to a large market such as New York.
And ESPN Radio is not going out of business.
The rest of the Northeast. Boston, Philadelphia and other northwest markets... except for DC maybe, as that area is also unique with the Salvadorans.
Or you can say a station that serves Mexicans.
Never said that. Majority of Espn National stations that are in major cities competing against local stations leave the market or downgrade to a translator or move to am
As the post alludes to, ESPN NY will continue on 1050 AM after 98.7 shuts down & so it'll likely carry over.
And who will listen to the AM signal. Isn’t that why all of these stations are moving to FM to begin with.
It may not be a bad option for a one-station owner wanting a format without competition. I’m thinking of LA’s Go Country 105.
I don't think anyone will pay $50 million to make it a rock station.
Audacy doesn't have $50 million. They can't get $50 million for 94.7. So it would be a loss.
The reason you have GoCountry is that the owner bought that station 60 years ago. It's all paid off. Nobody is going to spend $50 million for music format as a one-station owner
But the big Salvadoreño migration to DC was in the later 60's and early 70's, and then again in the early 80's during "El Problema". Most 18-49's are second generation now.
It will work in the embedded markets, but not the full metro survey area book.
Different market. LA has no embedded markets that can stand on their own.
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