-
Get involved.
We want your input!
Apply for Membership and join the conversations about everything related to broadcasting.
After we receive your registration, a moderator will review it. After your registration is approved, you will be permitted to post.
If you use a disposable or false email address, your registration will be rejected.
After your membership is approved, please take a minute to tell us a little bit about yourself.
https://www.radiodiscussions.com/forums/introduce-yourself.1088/
Thanks in advance and have fun!
RadioDiscussions Administrators
92.7 Rev
- Thread starter sfradio
- Start date
That was why I used the example of Pacific & Southern's Top 40 attempt on 970. A suburban signal that did not cover the whole market. Either a poor signal finds a niche, or it sells time to ethnic broadcasters.
92.7 is a horrible signal for a country format.
It might be a decent signal for Urban AC if KBLX wasn't around.
Some kind of niche format. Non-com operator, asian, a pet project for a tech bro.
I wonder if the guy who created Revolution in Miami would be interested and has the funding to expand to the West Coast.
I think this market would be great for a station like Radio Milwaukee. It's multi-platform and culturally inclusive, but not advertising dependent. What's a Bay Area KEXP or KUTX sound like? I think that's a model that should be explored.
Great idea. All it takes is a person to lead the process. Some of us were inspired the late Lorenzo Milam, who started KRAB in Seattle in the 60s. The concept of community radio is still alive, and San Francisco is a perfect place for it to flourish. San Francisco has the culture, the resources, and the heritage to make it work. It just takes one person.
For those unfamiliar with Lorenzo Milam, here is is most famous publication: https://worldradiohistory.com/BOOKSHELF-ARH/Business/Sex-and-Broadcasting.o.pdf
I was never a full fan of his philosophy, as he also advocated strike applications and other disruptive actions.
If anywhere, San Francisco, Portland, Seattle and perhaps Boston and "the other Portland" in Maine.
The Portland in Oregon is named after the Portland in Maine.
And those are named after the Isle of Portland in England.
"The name Portland is used for one of the British Sea Areas, and has been exported as the name of North American and Australian towns." (Wikipedia)
I'm sure Crazy Ed will ask a reasonable price for a property that has no listeners, revenue or a decent signal.
Would you buy it if you had the money to invest and it was any other owner selling the station? Even the way it is now? How about anyone else reading this? Could you make a living with it? Not getting rich just making a decent living?
Personally, if I had the money.. the way the industry is now, it would not be a business venture or investment, or a way to make money. I would only buy this one station, and no others, and it would be a fun HOBBY station for me. I'm already imagining how much it would be, adding new songs everyday from my eclectic taste in music. It may not attract very many listeners Lol , but then I'm doing it for me. I wouldn't have to worry about demo's, the hell with Nielsen, no worries about finding advertisers, it would be non commercial. I just know it would be very unconventional, and definitely have everyone on Radio Discussions talking about it , but I wouldn't rant back at everyone like Buddy Shula... I'll be nice.
That's what I was talking about in post #193. There are some people who are taking small stations and running them as hobbies. I hear about them from music fans who rave about them because they have deep playlists. But we don't see people like Jeff Bezos or Elon Musk who have unlimited funds picking up a station like WPLJ and running them commercial free as a hobby.
It's not a hobby for him. It's a business. He is very serious.
In fact, a while back he mentioned that he took out loans to get started but has paid them off already. It's a business.
Exactly. A hobby radio station, especially in a major market, is not something for millionaires. Their pockets aren't deep enough. They have to be billionaires. And there are enough of them around to finance at least one such station in each major market. Plus to really be effective, the ESTATE of the founder needs to be involved so that the station is endowed beyond the life of the hobbyist. That why KRTY San Jose ended up getting sold to EMF. The owner died and his estate sold it to EMF.
Getting back to KREV, there are enough people with deep pockets who live within the 60db contour of the station, who could easily afford to buy the station and use it as part of a multi-platform music site similar to KEXP. They may not be aware of the station, or thinking in that way, but they could easily do it.
Or at least well into the mid to high 8-figures. We looked at buying a station or two in the Coachella Valley market and saw that for every $1 million investment, the annual cost would be a loss of about $40,000 in investment income or around $80,000 in interest. We just could not see tolerating the startup costs and risk of capital with the probability of not even being profitable.
And the lenders who knew me said, "We won't do a single market deal. Too Risky".
K.M. Richards
Program Director, The Eighties Channel™
I somehow doubt that the talented Steveland Morris considers his ownership of KJLH to be as a "hobby station", as he has now owned that facility for 43 years.
You're right...he more likely considers it a tax write-off.
At one time, quite a few successful recording artists owned radio stations. I think Stevie is the last one.
Not really. It is actually quite profitable as many accounts see it as "community support". Pre-pandemic, it was billing just under $10 million a year.You're right...he more likely considers it a tax write-off.
There were a bunch of country artists who owned smaller market stations around Tennessee and the deep south. I think those are all gone now....
Dolly parton owned the AM and FM where her park are, in seveierville TN
Don't forget Buck Owens his family still owns KUZZ 107.9 & 550 KUZZ-AM Along with Classic Country KCWR 107.1
- Status