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An impending format change in market #1 is nothing at all to post about on a radio discussion board? OK.
During a break just now, TJ stated:
"There's going to be a very exciting new format, there's nothing else like it in New York, and I'm so excited to hear what's coming."
So make your predictions, or nothing at all. Your choice, really.
My question is, what is the price Emmis is asking for outright ownership? Is the figure realistic given the state of the industry?
No one–not even John Catsimatidis–is going to pay Emmis $50 million for that station.Jeff Smulyan said in September 2023 that he was looking for $50 million. He needs that amount of money to buy out his stockholders and take the company private. He hasn't addressed that issue again since then.
Is it realistic? That's a matter of opinion. I'm sure like anything the price is negotiable. Making an offer involves having the money. Right now, that seems to be an issue, given the number of bankruptcies in radio.
Hopefully, Smulyan has come to accept reality and reduced his asking price. My gut tells me otherwise.
98.7,Polka Heaven."The station where you've got a friend"
Well, "doesn't have to do a thing" means Emmis continues to keep a NYC FM station on the air with no income. But Emmis wants to get out of the radio business and sell both 98.7 FM and 1190 AM. If having someone simply lease WEPN-FM for a few more years were an acceptable option, Emmis and Good Karma could have come up with a new leasing deal. But we've heard Emmis needs to sell 98.7 to pay off its investors and exit the radio biz.He doesn't "have" to do a thing. It's up to a buyer to make him an offer he can't refuse. Otherwise he continues doing LMAs.
And THAT is the thing... Ask 10 different people their opinions and you'll get 10 DIFFERENT answers. Not everything is going to be everyone's cup of tea or radio delight, even with demos taken into consideration. While I have no idea what the arrangement is that involves TJ and the Syndicator, it is an opportunity that I am sure he was all too happy to accept in Market #1. No revenue though is the be all end all... I suppose the "very exciting new format, there's nothing else like it in New York" statement by TJ could help point us in the right direct but its nothing short of speculative as we've seen here through this thread. Is it another "pop up" format or permanent one by an LMA? We shall see in a matter of hours...They got me to listen today, bc of what I read on this board & I was bored 🥱. TJ is boring. If they just played the music they play during TJ. I might listen to 98.7.
Well, "doesn't have to do a thing" means Emmis continues to keep a NYC FM station on the air with no income.
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If SBS gets it (a bit doubtful with their money issues, but they've done the impossible before), it will be La Raza and La Privada will go on an HD2.![]()
SBS To Expand La Privada Brand Nationally
As part of a Q&A at Billboard Latin Music Week on Monday, Spanish Broadcasting System Chairman/CEO Raúl Alarcón said thewww.radioinsight.com
It's time for Regional Mexican Urbana on La Privada 98.7 (SBS). So let's party on with rico y suave, blah!