Randy Michaels purchases Cincinnati's only FULL power Spanish-language FM. (Source: RadioInsight): Randy Michaels Acquires WOXY – RadioInsight
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Randy Michaels Acquiring WOXY
- Thread starter 101.9 La Kalle
- Start date
Full power is kind of a technicality since it rimshots in from Middletown. I'm curious to see what he'll do with it. Classic Country seems like an obvious choice given the hole left by WNKN, but we all know that format can be a tough sell. Wishing Randy the best of luck!
He overpaid. He's paying about $3 per head for residents within the 60 dBu as a commercial operator at a time when values are depressed. WNKN gets much, much deeper into the Cinci Metro and also has a better Dayton Metro signal than WOXY. That station was sold last October for $4.5 million.
Doubtful 97.7 can be moved closer to Cincinnati. It probably could be moved closer to Dayton with a major modification request.
Doubtful 97.7 can be moved closer to Cincinnati. It probably could be moved closer to Dayton with a major modification request.
A little bit maybe. Will require some additional moves due to 97.3 WYGY.
I don’t know about that. There is a 97.7 in Lima. And Lance is right….97.3 in Cincinnati could be an issue with moving it south. I will say one thing….WOXY’s signal is much, much stronger since moving to the Middletown stick than it ever was from Oxford.
The article says the other stations he owns are all leased to third parties. Not sure I see him doing anything differently with WOXY.
115 km (71 miles) separation is required for Class A to Class A co-channel. 97.7 could definitely be moved much closer to Dayton while maintaining sufficient separation vis-a-vis WTGN in Lima.
B1 to A would require 89 miles separation for co-channel and 30 miles separation for second adjacent. B1 to B first adjacent (with 97.9 WNCI in mind) would require 90 miles separation. So, an upgrade to B1 while maintaining sufficient spacing to both WNCI and second adjacent WYGY (30 miles minimum separation required) likely would be very difficult to impossible.
www.ecfr.gov
B1 to A would require 89 miles separation for co-channel and 30 miles separation for second adjacent. B1 to B first adjacent (with 97.9 WNCI in mind) would require 90 miles separation. So, an upgrade to B1 while maintaining sufficient spacing to both WNCI and second adjacent WYGY (30 miles minimum separation required) likely would be very difficult to impossible.
Federal Register :: Request Access
www.ecfr.gov
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A "major modification" in FCC language is a move of more than three channels up or down and/or to a new location that's not mutually exclusive with the existing license.
The FCC only allows those to be filed during application windows, and there's not one right now.
An upgrade to WOXY would be a minor mod if it even can move at all. It's not just co-channel stations that would be an issue. There's a 97.5A in Union City northwest of Dayton to contend with, plus WNCI and WBNS-FM.
And yes, going south toward Cincy hits 97.3 which is a problem.
I think it's as good as it's going to get. Will Urban One move to take over now being the only Spanish station in the market? I remember being in northern Kentucky last year and the 101.5 signal was not good. Could another operator make a change to go after the Hispanic market? But for sure they overpaid for this station at that price tag they could have gotten a better signal in a bigger market.
So WOXY has approximately 900,000 people within the 60 dBu contour. At a sales price of $1,600,000 that comes out to between $1.7 and $1.8 per pop. While it isn't quite a fire sale, that's really not a premium price in today's market. The analysis on this signal might be a little more complicated since the population is split between Cincinnati and Dayton. Depending on the use case though, such as K-Love, that may or may not matter. And that is before factoring in any other assets such as equipment or land. Is the WOXY site included or is it owned by a third party?
Also, Randy is one of the most competent radio operators of all time. A first ballot hall-of-famer if there ever was one. He's a had a lot of high-profile wins and a few misses, but I wouldn't want to bet against him and I am excited he seems to be picking the bat up again in his home market. Few people in the modern industry have such deep knowledge in all the multiple areas of radio (engineering, management, programming, sales, etc.) like Randy.
You are right that a COL change with no change to class or assigned frequency is a minor modification so long as certain requirements are met. That is "my bad" !
97.5 Union City is a class A facility. Only 45 miles separation is required for a first channel adjacent Class A. Dayton is 50+ miles from Union City.
WBNS is third adjacent and over 70 miles east of Dayton. They would not be any sort of impediment to moving a Class A operating at 97.7 MHz to Dayton.
I hope I’m wrong, but I suspect that those of us romancing what might be with Randy’s purchase are going to be disappointed.
No. 96.5's COL was changed from Hamilton to Lebanon so that Lebanon would still have service when 97.3 changed from Lebanon to Fort Thomas. Nothing to do with 97.7. The change to Mason was tied to the 97.7 in Georgetown
I have zero expectation that for those who the call letters WOXY mean a lot to, that anything Randy Michaels does with it is going to excite them.
I hope he at least doesn't do whatever it is with those call letters. Let the legacy remain with those who cared about it, and do whatever you're going to do. But I don't see Michaels as someone sentimental for the "future of rock and roll."
I hope he at least doesn't do whatever it is with those call letters. Let the legacy remain with those who cared about it, and do whatever you're going to do. But I don't see Michaels as someone sentimental for the "future of rock and roll."
The Beaver 97 and 7/10.
But he has no success story in Spanish and no real experience in the segment
Given Randy's other stations owned but are leased out I believe (he does not program them directly) who says he won't lease it back to Mega? Anything is possible.
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