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Buffalo BIG plans for WEBR

Ok - well then we can all keep throwing up our hands complaining that radio is circling the drain the there is nothing we can do about it.

You can buy some stations and try to fix it from the inside. That's what some people are doing. That's what Buddy Shula did. He got tired of watching his former employers make mistakes, so he took matters into his own hands.

This thread is really indicative of why AM/FM radio is in decline. A large number of people in the industry have decided to just cash their checks until they retire and not try to do something new or different from what has been done for the last 50 years.

Not everyone is at that point. Jeff Warshaw just spent $185 million to buy a bunch of radio stations:


He's not doing it like iHeart. He's hiring local staff and trying to run radio the way it used to be run. We'll see what happens.
 
Yes, yet look at how many do donate. NPR and PBS would not exist without it. Even when they were getting govt funding listener donations + underwriting was the bulk of the revenue.
Let's see how well NPR and PBS are doing 10 years from now.
Yes - I know you will all brow beat me for saying the above but it is really one of the most negative industries I can think of. Suggesting trying something new is met with scorn yet I have more data to back up that what I propose may work than anyone here has to indicate it won't (with WJIB as the example).
That's one station. Can you give me any data which shows what their donations were last year vs. expenditures? For all we know, John Garabedian may be funding most of it himself. Show me what they're bringing in vs. what they're spending and who's funding them.

Just because one station or person decides to fund their own stations like it's a personal jukebox, doesn't mean they're successful. Ted Tucker has a ton of stations across the west, and he self-funds a bunch. He seems to be one of those owners who lives for the thrill of the upgrade. Ted Tucker gets licenses and spends untold dollars moving them hither and yon. That's great. Doesn't mean he's successful. It just means he has a lot of money and too much time on his hands.

Radio has been a free medium for over 100 years. You can't suddenly ask people to pay for something they've been getting for free. If McDonald's had started out giving away hamburgers, and then 50 years in decided to start charging, people would walk away and stop eating there. Same thing for Radio. If we ask listeners to start paying for something they've been getting for free, we lose them.

Oh, by the way, the electronic noise on AM is just one reason it's dying. For some, it's operating daytime only. It's the limited nighttime signal of some. It's the fact that FM sounds better, as has been pointed out. AMs operating in mono are okay for news-talk and sports. Guess what? That's what a lot of operators are using their signals for. It's the fact that AM tower sites are a copper thief's dream. Oh, and don't forget municipalities and government agencies eyeballing tower sites. If a tower falls in the dark, the first people to hear it are people looking at ways to utilize that land for more lucrative commercial projects, or the DNR stepping in to keep the tower from being rebuilt in order to save the yellow-bellied three-toed cross-eyed salamander that somehow only mates where that darn AM tower was. A shopping mall or a housing development is worth more to the tax base than an AM tower site is. Know how I know? I have plenty of friend's who have shut down their AMs rather than fight City Hall.

AMs are cheap. If anyone was beating down the owner's doors to buy them, they'd sell them.

It's okay to have ideas. Thinking that us dinosaurs don't want to change is wrong. Most of us over 50 started on an AM. We loved them then. They were beautiful. Now, though, we see them for what they are and, most importantly, are not. They're a burden financially and technically, and if we are going to fight Spotify, SiriusXM and the like, they're not equipped to go into battle long-term. We fight with what suits the battle best.
 
In the 1980s Group W decided they were an AM company and they sold all their FMs. They then invested in their AMs as if there was a future and they made a future for them that has continued on to the present day.

Are you sure about that? I'd check their history again. In 1988, they bought a bunch of the Metromedia FMs from John Kluge when he was leaving radio for cellular media. They owned them until their merger with CBS in 1995. The only FM I can see that they sold in the 80s was WBZ FM in Boston.


Westinghouse Radio Division President Dick Harris told R&R, "This is part of a continuous effort for a further positioning of our desire to build a full FM group. We now have two additional opportunities for FM stations in other markets."

That sounds very different from what you're saying. The two markets he was referring to were Denver and Phoenix.
 
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The only group owner I ever heard that was actually against FM was Storz.

That didn't work out too well for them by the late 1970s. Their fate may have been different if they had also owned FMs in St. Louis, Miami, Kansas City, New Orleans, Minneapolis/St. Paul and Oklahoma City.

I know Todd Storz died in 1964 and maybe his heirs weren't very forward thinking. But I wonder why they were anti FM?
 
I managed an AM daytimer in Houston. We were 25kw. directional pointing toward downtown at 1520. Only a couple of stations managed to cover the market.

If you woke up to us and drove downtown to work, we'd fade out before you got there. In winter, you went to work before sunrise. We were off the air. In winter you were still driving home when our sign off hit at 5:30.

That is a tough sell no matter how you try to present it.
 
The only group owner I ever heard that was actually against FM was Storz.
That is an unusual case. Todd died in 1964, and the company did not have the insightful management base to recognize the potential of "having 7 more stations".
That didn't work out too well for them by the late 1970s. Their fate may have been different if they had also owned FMs in St. Louis, Miami, Kansas City, New Orleans, Minneapolis/St. Paul and Oklahoma City.
More than that, it would have been different if Todd Storz had not died in early' 64.
I know Todd Storz died in 1964 and maybe his heirs weren't very forward thinking. But I wonder why they were anti FM?
They were living off the income, and never added a new market after Todd's death.
 
Group W decided they were an AM company and they sold all their FMs. They then invested in their AMs as if there was a future and they made a future for them that has continued on to the present day.

Are you sure about that? I'd check their history again. In 1988, they bought a bunch of the Metromedia FMs from John Kluge when he was leaving radio for cellular media. They owned them until their merger with CBS in 1995. The only FM I can see that they sold in the 80s was WBZ FM in Boston.

As I keep saying ... never post something as a "fact" if there is any chance someone else will come along, Google it, and prove you wrong.

In fact, I said that in another thread earlier today. (Oh, and don't fact check using only Wikipedia, either.)
 
Jeff Warshaw just spent $185 million to buy a bunch of radio stations:


He's not doing it like iHeart. He's hiring local staff and trying to run radio the way it used to be run. We'll see what happens.

And he has also been spinning off clusters in markets that he doesn't believe fit into the Townsquare model. In the long run, that may be how he can afford to run his stations with local staff.

The major consolidations (iHeart, Audacy, Cumulus, etc.) were supposed to benefit from economics of scale. Instead, the economics of trying to do everything with the fewest amount of employees seems to have been the end result.
 
The major consolidations (iHeart, Audacy, Cumulus, etc.) were supposed to benefit from economics of scale. Instead, the economics of trying to do everything with the fewest amount of employees seems to have been the end result.

Their theory would have worked had the economy not crashed in 2008 and 2020. Those companies have reinvented themselves as multi-platform companies that are now on the brink of being profitable,

 
Their theory would have worked had the economy not crashed in 2008 and 2020. Those companies have reinvented themselves as multi-platform companies that are now on the brink of being profitable,

The way our economy is wobbling -- and I will not bring in the politics of why that is -- they'll manage to fall off the brink before the profit starts.
 


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