And it is much more rhythmic. Think Shakira and not José José. Even some crossovers from Maná fit AC today.
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98.7 Rumors
- Thread starter davideduardo
- Start date
Maybe Vivir 98.7 (like Recordar Es Vivir) new radio station by playing Classic Spanish AC Hits of the '90s & '00s with little '80s like Luis Fonsi, Vicente Fernández, Paulina Rubio, Shakira, Alejandro Sanz, Juanes, Enrique Iglesias, Maná, Ricky Martin, Juan Luis Guerra 4.40, Chayanne, Marco Antonio Solís (Los Bukis), Gloria Estefan, Obie Bermúdez, Cristian Castro, Sin Bandera, Thalía, Marc Anthony, Alejandro Fernández, Olga Tañón, Luis Miguel, Ricardo Arjona, Laura Pausini, Selena, Ana Gabriel, Jon Secada and much more...
Some of those artists have much less appeal among Caribbean origin audiences and are not warranted (Like Marco Antonio Solis and Selena) and some like John Secada and Obie Bermúdez only had one or two songs and neither is likely to test today. Vicente has nothing for a Caribbean audience. Ana Gabriel was over before the 90's, and Gloria Estefan had no real hits in that decade, either.
To have been a fan of an Ana Gabriel song you'd have to be about 50 older or more today. Spanish language radio is primarily bought against 18-49 demographics.
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Maybe let's just stick to the most likely formats if WEPN is purchased by SBS:
98.7 La Raza - Regional Mexican (Adult)
La Privada 98.7 - Regional Mexican (CHR-ish)
Those of us in Houston are having a good laugh at the SBS 98.7 speculation.
The SBS purchase of KROI for a relatively dinky $7.5M has been a fiasco. The FCC approved the sale from the Urban One divestiture trust in October 2023, and the closing has now been pushed back three times, as SBS searches under sofa cushions, car floors, and fast food drive-through lane pavement for spare change to make installments. Latest target date for closing is now late November 2024, if SBS can scrape together the rest of the money. The divestiture trust will have to file four extensions of consummation with the FCC just to get to that point, and it would surprise no one if this drags into 2025.
SBS could still pull this off if Emmis is willing to delay any closing for several years.
Or they get a lender who will take that one single station as collateral for a specific loan. SBS has done that sort of thing a number of times before.
So why hasn’t SBS done that for the KROI purchase?
If I were Emmis I’d probably tell SBS to “Close on the Houston deal and then we’ll talk about WEPN-FM.”
Must be a slow news day on this site 🥱
Small station, new market. SBS has "bankable" extensive success over the last half of a century in New York City.
I know it's just a rumor, but I did not expect Regional Mexican to be a possibility. The format has been tried several times on AM and twice on 92.7 over the years without success. I could be wrong, but I don't see how it will fare any better on a full signal FM.
Not to throw cold water on the discussion, only to offer up this "news"...
Via BarrettNewsMedia.com, this is from Monday, May 13, 2024 amidst the Rudy Giuliani departure from WABC.
barrettnewsmedia.com
While appearing on the "Sid + Friends" WABC morning show,
John Catsimatidis addressed the possibility of working with Giuliani again:
“Anything is possible. We’re buying another station soon. We have a letter of intent that’s been sent out. So anything’s possible,” Catsimatidis said. “Never say never.”
Via BarrettNewsMedia.com, this is from Monday, May 13, 2024 amidst the Rudy Giuliani departure from WABC.
John Catsimatidis: Red Apple Media ‘Buying Another Radio Station Soon’ | Barrett Media
"We have a letter of intent that's been sent out. So anything's possible. Never say never."
barrettnewsmedia.com
While appearing on the "Sid + Friends" WABC morning show,
John Catsimatidis addressed the possibility of working with Giuliani again:
“Anything is possible. We’re buying another station soon. We have a letter of intent that’s been sent out. So anything’s possible,” Catsimatidis said. “Never say never.”
92.7 was a horrible purchase. I opposed it, saying that in NYC you have to look at the 65 dbu coverage in the heavily populated areas due to high building density. Instead, the money people looked even beyond the 60 dbu signal because someone said that "56 dbu is listenable".
There are pockets of Mexican residents in various areas of the metro so a big signal will get fairly decent ratings and will be a beautiful combo sell for SBS with the other two. They can try to claim 100% of all Hispanic buys.
The Regional Mexican format they put on 92.7 was terrible. There is only so much one person can do to tell people they are wrong....
And Cats is one of the few who would pay a decent price for the station. So that chatter has to be considered as a viable possibility.
I shudda' started a pool on this one...
In UVN's defense, WLIR wasn't originally bought to be its own station, but to simulcast WCAA's smaller signal on Long Island.
I forget, did Cats pay for 770 solely out of pocket or was it financed?
It was a cash deal.
That's what I thought. Obviously prices for AM and FM are like apples and oranges, but if he did put in a bid, it'd be totally different from an SBS bid with financing.
Emmis wants to exit radio and go private. Jeff is probably looking for an "all cash" deal which means either the Buyer has the cash, or can finance it on their own. SBS does not have the cash, that's obvious. Can they convince a banker to finance the deal is the 50 million dollar question.
Who said that Emmis needs only an all-cash deal? They are in a situation where there may even be tax advantages in taking the proceeds over a longer period. But more likely is that SBS can pull a station-specific loan based on their 4 decades of success in New York City.
Jeff Smulyan worked closely with another minority broadcaster, Urban One, to sell some of his stations. He may be motivated to do the same with Alarcón. Remember, Jeff even owned stations in Argentina at one time.
And Cats can likely pay for the station with cash on hand if he really wants it.......................
No, it was not. It was purchased with the intent of providing a second format to the market. Quite simply, some folks in management thought the signal was a lot better than it really is.
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