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98.7

SCMcKinney said:
In your estimation, would it really take $10 million more to start it up?
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How much is office space in NY? Add to it a rebuild plus studio equipment. Then a staff of at least 10 people. With no revenue for six months. What does that come to?

SCMcKinney said:
There is nothing to say he couldn't grab a seat on a younger hosted roundtable and say his piece to that generation.
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Just what young people want to hear. Grandpa lecturing them about politics. That usually empties the holiday dining room.

If he was actually thinking about radio, he might revive classic WPLJ. But that's not where his head is.
 
Rollo-Smokes said:
Catsimatidis is only concerned about pushing his own agenda and won't take the advice of any consultant. That doesn't make for good radio. And don't let the positive posturing fool you, WABC is a mess both on-air and off-air.
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Yet it is getting quite impressive ratings in the over 55 demographics.
 
Loverofradio said:
Didn’t we agree SBS was a potential buyer
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fybush said:
With their current financial problems? Not likely.
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SBS is struggling to complete its $7.5M purchase of KROI in Houston, with installment payments being spread out over nine months after the deal was approved by the FCC. Consummation supposedly will finally happen this July, but nobody in Houston will be surprised if the sale falls apart.

No way SBS can pay for any NYC acquisition unless it is able to offload its TV assets.
 
Theater of My Mind said:
According to Forbes, Catsamatidis is worth $4.3 billion. It would be like me putting a quarter into the shopping cart at Aldi.
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A couple weeks ago, another billionaire boomer bought the Baltimore Sun newspaper. Too bad all the rich boomers aren't fans of your favorite music. If Cats buys this station, that's yet another frequency on your dead list.
 
TheBigA said:
A couple weeks ago, another billionaire boomer bought the Baltimore Sun newspaper. Too bad all the rich boomers aren't fans of your favorite music. If Cats buys this station, that's yet another frequency on your dead list.
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I'm no fan of Cats or his politics. But honestly, I'd put that station on a preset and likely check in on it on a regular basis out of curiosity, and for the novelty factor. Which is more than I can say for the current occupant of the 98.7 frequency. So no, in that case it would rise from from my dead list.
 
The bigger issue for Emmis is getting rid of WLIB. I've been saying that if they can get rid of both to one buyer, they'd be more willing to take a haircut on the price. But selling 98.7 for less money, and still getting stuck with an AM is not a good situation. That's the spot Cumulus is in with WFAS. It's just a big boat anchor.
 
Theater of My Mind said:
According to Forbes, Catsamatidis is worth $4.3 billion. It would be like me putting a quarter into the shopping cart at Aldi.
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Remember, "billionaires" may be worth lots of money, but most of it is based on the value of their investments in companies and is not readily convertible to cash. Yes, it serves as collateral for loans, but no "rich" person sits on bunches of cash. So investing in a station and sustaining its operation for an initial period of losses is not a slam-dunk option.
 
TheBigA said:
The bigger issue for Emmis is getting rid of WLIB. I've been saying that if they can get rid of both to one buyer, they'd be more willing to take a haircut on the price. But selling 98.7 for less money, and still getting stuck with an AM is not a good situation. That's the spot Cumulus is in with WFAS. It's just a big boat anchor.
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In the end, Emmis may want to donate WLIB to some entity rather than trying to find a buyer. AM sales today in big metro areas often come with huge EPA issues at transmitter sites, site lease sustainability, etc.
 
DavidEduardo said:
In the end, Emmis may want to donate WLIB to some entity rather than trying to find a buyer. AM sales today in big metro areas often come with huge EPA issues at transmitter sites, site lease sustainability, etc.
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It currently shares studio space with WBLS and WQHT, so handing it off to MediaCo might be the easiest solution, since there's no real demand for a weak AM signal. But getting rid of it completely would be best, and combining it with 98.7 gives them leverage.

101.9 La Kalle said:
WFAS could go online permanently while the AM shuts down and no one would even notice unless they scan through the AM-HD dial.
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The ONLY benefit Cumulus gets from WFAS is a #1 market clear for their talk programming. Moving it online would remove that benefit.
 
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