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910am Tower Move

NEPA_radiobored said:
NigelWick said:
I can't say I'm thrilled with the newspaper or radio content, but the Lynetts have built quite a company.
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Actually, it's like just like most old money companies...the older generation made it quite a company, the younger ones are just riding the name...
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In all honesty, like the family or not, they have grown that company considerably in the last 25 years or so. Really, they had to; with the original brothers and sister all having several children, most of them grown with their own children, more sources of revenue had to be developed. Did you know that the Lynett family has their very own custom designed college-level training course strictly for family members? Maybe someone here knows who actually runs that program, but I've heard it is sophisticated and was created by Lynetts for Lynetts as they enter the Lynett business empire.
 
masterg said:
... their very own custom designed college-level training course strictly for family members? Maybe someone here knows who actually runs that program, but I've heard it is sophisticated and was created by Lynetts for Lynetts as they enter the Lynett business empire.
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A friend who worked there says it's true. Each of the next generation enters college and somewhere near graduation they are absorbed into a "Lynett's Only" internship program which places them at strategic points in different areas of the family business.

Then after a given time they rotate through to another facet and position, newspaper, radio, NTR. They are given titles and some minor responsibilities with goals that are more like their class project. Upon completion they get a management position and eventually it'll be up to them to figure out how to cut that pie again for the next generations exponential demand for a big paycheck which I have to guess amounts to their version of "gas money" since with each new birth another name is surely added to the list of inheritors.

Are they many generations away from just selling it all outright or can they keep expanding? It seem to be nearing top-heavy already. What happens when the demand for chiefs overtakes the need for them?
 
I don't know if they completed the move, but if they did the signal is not very clear in the Avoca area. I could never get the 980 signal w/o static at night during low power, but 910 was always clear, now there is a lot of static on 910 as well, still a little better than 980 but defintely degraded.
 
Each of the next generation enters college and somewhere near graduation they are absorbed into a "Lynett's Only" internship program which places them at strategic points in different areas of the family business.

When I worked for Shamrock the company had that internship program in place. What struck me was how for the most part, the heirs were polite and willing to learn. Although I was in sales, I did witness some of the kids doing other things at the station. Some might fault it as an "easy pass" to the family fortune but at least the Lynetts put together a plan. In my lifetime I have seen so many father's hearts and wallets broken by second and third generation heirs who had no clue about responsibility and hard work. I know I've told this story here before, but let me repeat it. One day, I'm riding the elevator up to the fifth floor with Jim Loftus. One of the Lynett wives gets on with us with two little kids, maybe 6 and 8 and go to the third floor. As soon as the door closes, Loftus with those bulging brown eyes says, "Someday those kids will be our bosses!". The timing was impeccable as only Loftus could deliver the line.

Yonkstur
 
One of my compatriots over at the V of the C had a column headlined that WILK's transmitter was moving. Whoever did the head, either she or the layout person, sure got it wrong.

And since both this and Beale's are used, I'm sure I'll get an e-mail about it.
 
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