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ABC/Disney Begins Voluntary Assignment of License Process

BossRadioDJ

BossRadioDJ

In today's FCC Daily Digest:

AM STATION APPLICATIONS FOR ASSIGNMENT OF LICENSE ACCEPTED FOR FILING

KMKY 1310 KHZ
----------------------------------
Voluntary Assignment of License
From: KGO-AM RADIO, INC.
To: RD SAN FRANCISCO ASSETS, LLC

KGO 810 KHZ
----------------------------------
From: KGO-AM RADIO, INC.
To: RADIO LICENSE HOLDING VIII, LLC

KSFO 560 KHZ
----------------------------------
From: KGO-AM RADIO, INC.
To: RADIO LICENSE HOLDING VIII, LLC

The process of moving KGO and KSFO over to the Citadel side of the ledger begins...

DJ<P ID="signature">______________
<center>

</center></P>
 
Re: ABC/Disney Begins

Sad. The ink is hardly dry.


In today's FCC Daily Digest:
>
> AM STATION APPLICATIONS FOR ASSIGNMENT OF LICENSE ACCEPTED
> FOR FILING
>
> KMKY 1310 KHZ
> ----------------------------------
> Voluntary Assignment of License
> From: KGO-AM RADIO, INC.
> To: RD SAN FRANCISCO ASSETS, LLC
>
> KGO 810 KHZ
> ----------------------------------
> From: KGO-AM RADIO, INC.
> To: RADIO LICENSE HOLDING VIII, LLC
>
> KSFO 560 KHZ
> ----------------------------------
> From: KGO-AM RADIO, INC.
> To: RADIO LICENSE HOLDING VIII, LLC
>
> The process of moving KGO and KSFO over to the Citadel side
> of the ledger begins...
>
> DJ
>
 
Re: ABC/Disney Begins

> Sad. The ink is hardly dry.
>
>
> In today's FCC Daily Digest:
> >
> > AM STATION APPLICATIONS FOR ASSIGNMENT OF LICENSE ACCEPTED
>
> > FOR FILING
> >
> > KMKY 1310 KHZ
> > ----------------------------------
> > Voluntary Assignment of License
> > From: KGO-AM RADIO, INC.
> > To: RD SAN FRANCISCO ASSETS, LLC
> >
> > KGO 810 KHZ
> > ----------------------------------
> > From: KGO-AM RADIO, INC.
> > To: RADIO LICENSE HOLDING VIII, LLC
> >
> > KSFO 560 KHZ
> > ----------------------------------
> > From: KGO-AM RADIO, INC.
> > To: RADIO LICENSE HOLDING VIII, LLC
> >
> > The process of moving KGO and KSFO over to the Citadel
> side
> > of the ledger begins...
> >
> > DJ
> >
>


Guys...

What's "SAD" it that KMKY is what they CHOSE to keep. BTW, the Ink won't be dry till about September. As long as The FCC,IRS,SEC and Anti Trust folks all agree.
Their ONLY sales person quit today. The station now has 3 employees.
 
Re: ABC/Disney Begins

> What's "SAD" it that KMKY is what they CHOSE to keep.

You still don't get it, do you, PB?

KMKY is a brand extension of Disney, and was <u>never</u> part of ABC Radio.<P ID="signature">______________


</P>
 
Re: ABC/Disney Begins

> > What's "SAD" it that KMKY is what they CHOSE to keep.
>
> You still don't get it, do you, PB?
>
> KMKY is a brand extension of Disney, and was never part of
> ABC Radio.
>
There is no logic to having Disney-branded stations run by anyone other than Disney. The stations, almost all of which are garbage dial positions and sticks, have no value other than to promote things Disney. Bet KGO alone is worth more than all the Disney-branded stations, like KMKY.

Similar situation with ESPN. These stations are ESPN vehicles, not your run of the mill sports radio station.
 
Re: ABC/Disney Begins

> > What's "SAD" it that KMKY is what they CHOSE to keep.
>
> You still don't get it, do you, PB?
>
> KMKY is a brand extension of Disney, and was never part of
> ABC Radio.
>

Dear Moderator, I work there, I GET IT, I GOT IT, in fact, I have constantly corrected the "Broadcast Experts" who got "that" wrong on this site. You may want to check that out.

NOW

Perhaps what "I" think is "SAD", AS AN EMPLOYEE, you understand,(and forgive me for having an opinion) is that ABC/Disney thought so little of the 22 Owned Radio stations. (That have been Proping Up Radio Disney "Brand Extensions Stations")

(Too subtle? Next time I'll try to work in the "Dog House" and go for somthing easy to understand)

NOW

ABC Radio made ABC/Disney $210 million dollars last year. Yet Disney said the profitable stations were not a "CORE ASSET" , and sold the stations and the network, Radio Disney however is. It is also well known within ABC and radio in general, that they make no money !
Radio Disney was (conviently) part of ABC radio when they were/are being
supported by the O/O ABC stations when they were clustered with.
They just were not part of the sale. From the moment the company went up for sale, Disney stated that. ESPN Radio too.

Lost Leader? Bad Business? I guess we are all intitled to our own opinion.
It will be fun to see them have to pay for engineering, accounting and support
services when the REAL stations are seperated off into Citadel.

BTW, I think JV and Elvis were the 2 of the 101 Dalmations. But that's only my opinion. ;)
 
Re: ABC/Disney Begins

Whats the 10 year clause mean? I don't understand. Will the stations go back or what? Why not sell them outright?
 
Re: ABC/Disney Begins

> Whats the 10 year clause mean? I don't understand. Will the
> stations go back or what? Why not sell them outright?

This is a limit on how long the buyer can use the ABC trademark, if I read correctly. After tha, they can no longer use it.

This a "temporary use" permit for the trade mark and brand, not the stations themselves.
 
Re: ABC/Disney Begins

> > Whats the 10 year clause mean? I don't understand. Will
> the
> > stations go back or what? Why not sell them outright?
>
> This is a limit on how long the buyer can use the ABC
> trademark, if I read correctly. After tha, they can no
> longer use it.
>
> This a "temporary use" permit for the trade mark and brand,
> not the stations themselves.
>
If ABC still owns the majority of the stock in the new venture, what's the issue? Why the limitation? ABC did not give up a controling interest in their own stations.
 
Re: ABC/Disney Begins

> >
> If ABC still owns the majority of the stock in the new
> venture, what's the issue?

Disney will own none of the stock. They are distributing the radio stations to the shareholders of Disney stock as part of this complex deal.

There is no company called ABC. ABC radio, TV and networks are currently owned by Disney (NYSE: DIS) and Disney will end up with no part of the radio stations.

> Why the limitation? ABC did not
> give up a controling interest in their own stations.

Disney has done nothing yet. The deal has not been filed and approved by the regulatory bodies, and is expected to close towards the end of the year. At that time, ABC will own no par of the radio stations or of Citadel... but Disney shareholders of record at the deal strike point will own 52% of Citadel.
 
Re: ABC/Disney Begins

> > > What's "SAD" it that KMKY is what they CHOSE to keep.
> >
> > You still don't get it, do you, PB?

I don't get it either!

> > KMKY is a brand extension of Disney, and was never part of
> > ABC Radio.

That part I get.

> There is no logic to having Disney-branded stations run by
> anyone other than Disney. The stations, almost all of which
> are garbage dial positions and sticks, have no value other
> than to promote things Disney. Bet KGO alone is worth more
> than all the Disney-branded stations, like KMKY.

I never hear anything about our Disney station where I live WGFY. Seems like they could do more to promote it. WGFY sure is a garbage dial position. It's the weakest 5KW station I've ever heard and I'm well within the coverage area of their directional pattern.

> Similar situation with ESPN. These stations are ESPN
> vehicles, not your run of the mill sports radio station.

Most of those at least are better signals.
 
Re: ABC/Disney Begins

> > > > What's "SAD" it that KMKY is what they CHOSE to keep.
>
> > >
> > > You still don't get it, do you, PB?
>
> I don't get it either!t all of
> which
> > are garbage dial positions and sticks, have no value other
>
> > than to promote things Disney. Bet KGO alone is worth more
>
> > than all the Disney.

Must be all about the money! But why mess with KGO and throwing it to the wolves?
 
Re: ABC/Disney Begins

> > > > > What's "SAD" it that KMKY is what they CHOSE to
> keep.
> >
> > > >
> > > > You still don't get it, do you, PB?
> >
> > I don't get it either!t all of
> > which
> > > are garbage dial positions and sticks, have no value
> other
> >
> > > than to promote things Disney. Bet KGO alone is worth
> more
> >
> > > than all the Disney.
>
> Must be all about the money! But why mess with KGO and
> throwing it to the wolves?
>
Who says that they will make any real changes? At first anyway, why upset the applecart just for the sake of doing so? Talk about being shortsighted! Disney has sure to have put in some type of safeguards for the near term at least!
 
Re: ABC/Disney Begins

> > > What's "SAD" it that KMKY is what they CHOSE to keep.
> >
> > You still don't get it, do you, PB?
> >
> > KMKY is a brand extension of Disney, and was never part of
>
> > ABC Radio.
> >
>
> Dear Moderator, I work there, I GET IT, I GOT IT, in fact, I
> have constantly corrected the "Broadcast Experts" who got
> "that" wrong on this site. You may want to check that out.
>
> NOW
>
> Perhaps what "I" think is "SAD", AS AN EMPLOYEE, you
> understand,(and forgive me for having an opinion) is that
> ABC/Disney thought so little of the 22 Owned Radio stations.
> (That have been Proping Up Radio Disney "Brand Extensions
> Stations")
>
> (Too subtle? Next time I'll try to work in the "Dog House"
> and go for somthing easy to understand)
>
> NOW
>
> ABC Radio made ABC/Disney $210 million dollars last year.
> Yet Disney said the profitable stations were not a "CORE
> ASSET" , and sold the stations and the network, Radio Disney
> however is. It is also well known within ABC and radio in
> general, that they make no money !
> Radio Disney was (conviently) part of ABC radio when they
> were/are being
> supported by the O/O ABC stations when they were clustered
> with.
> They just were not part of the sale. From the moment the
> company went up for sale, Disney stated that. ESPN Radio
> too.
>
> Lost Leader? Bad Business? I guess we are all intitled to
> our own opinion.
> It will be fun to see them have to pay for engineering,
> accounting and support
> services when the REAL stations are seperated off into
> Citadel.
>
> BTW, I think JV and Elvis were the 2 of the 101 Dalmations.
> But that's only my opinion. ;)
>
Do any of you think that in the future if the brass at ABC/Disney really wanted to that they could just as easily buy their way right back into radio ownership simply by writing a check to whichever radio group wanted to take their money?
 
Re: ABC/Disney Begins

> > > > What's "SAD" it that KMKY is what they CHOSE to keep.
>
> > >
> > > You still don't get it, do you, PB?
> > >
> > > KMKY is a brand extension of Disney, and was never part
> of
> >
> > > ABC Radio.
> > >
> >
> > Dear Moderator, I work there, I GET IT, I GOT IT, in fact,
> I
> > have constantly corrected the "Broadcast Experts" who got
> > "that" wrong on this site. You may want to check that out.
>
> >
> > NOW
> >
> > Perhaps what "I" think is "SAD", AS AN EMPLOYEE, you
> > understand,(and forgive me for having an opinion) is that
> > ABC/Disney thought so little of the 22 Owned Radio
> stations.
> > (That have been Proping Up Radio Disney "Brand Extensions
> > Stations")
> >
> > (Too subtle? Next time I'll try to work in the "Dog House"
>
> > and go for somthing easy to understand)
> >
> > NOW
> >
> > ABC Radio made ABC/Disney $210 million dollars last year.
> > Yet Disney said the profitable stations were not a "CORE
> > ASSET" , and sold the stations and the network, Radio
> Disney
> > however is. It is also well known within ABC and radio in
> > general, that they make no money !
> > Radio Disney was (conviently) part of ABC radio when they
> > were/are being
> > supported by the O/O ABC stations when they were clustered
>
> > with.
> > They just were not part of the sale. From the moment the
> > company went up for sale, Disney stated that. ESPN Radio
> > too.
> >
> > Lost Leader? Bad Business? I guess we are all intitled to
> > our own opinion.
> > It will be fun to see them have to pay for engineering,
> > accounting and support
> > services when the REAL stations are seperated off into
> > Citadel.
> >
> > BTW, I think JV and Elvis were the 2 of the 101
> Dalmations.
> > But that's only my opinion. ;)
> >
> Do any of you think that in the future if the brass at
> ABC/Disney really wanted to that they could just as easily
> buy their way right back into radio ownership simply by
> writing a check to whichever radio group wanted to take
> their money?
>

Allisonmarie, Sure everything is for sale at the right price. Sometimes you sell
sometimes you buy. They just don't feel radio has much growth left as in $$$.
Their term, "Full mature Business" but things change.
 
Re: ABC/Disney Begins

> > > > > > What's "SAD" it that KMKY is what they CHOSE to
> > keep.
> > >
> > > > >
> > > > > You still don't get it, do you, PB?
> > >
> > > I don't get it either!t all of
> > > which
> > > > are garbage dial positions and sticks, have no value
> > other
> > >
> > > > than to promote things Disney. Bet KGO alone is worth
> > more
> > >
> > > > than all the Disney.
> >
> > Must be all about the money! But why mess with KGO and
> > throwing it to the wolves?
> >
> Who says that they will make any real changes? At first
> anyway, why upset the applecart just for the sake of doing
> so? Talk about being shortsighted! Disney has sure to have
> put in some type of safeguards for the near term at least!
>



Allisonmarie and Paulsic, First ! It is ALL about the Money. However Second,
Disney has sold all the contracts with KGO and KSFO and ALL the other stations involved too. Talent Personal Service, Managment, and Union Contracts. To make everyone on KGO/KSFO GO AWAY, which would wreck the place. Citadel would have a lot of Large severance checks to write. Would or Could the do it? Sure, Will they do it? Hmmmm Well not all at once. They will let contracts expire and not resign them, they will buy out managment they want gone, The unions will have to negociate with them when their deals expire. NOW, I don't think you want your Air staff on the street on strike when you've just paid $155 mil per for 22 stations. So,they will Deal with AFTRA and get staffing levels and Future wages down etc. If they fire Air people while the Union contracts are in effect, they will have to hire new people at the same rates because the contract is still in effect.
I would predict that at least 20-25% of ABC Station staffs will leave/quit/retire to take other jobs before Citadel takes over.

KGO and KSFO do very well in the ratings, which is a sales tool for ad revenue,
you start messing with those and your Ad rates will have to go down, which will effect your bottom line...as in less income. A 6.5 is much better than a 2.5.

They won't throw KGO to the Wolves all at once, it will be an ear here and
a paw there...for the first couple of years. They will want to decrease cost
while increasing revenue. So More spots per hour, more salespeople selling,
everything will have a sponsorship that doesn't already...people will leave and
not be replaced. Jobs will be combined, depts will be cut. They will use syndication, they will automate large dayparts on KSFO and The other ABC stations with Blocks of syndicated progaming. Look for the weekends on both stations to be effected first.
BUT, Why would you want to sound like KNEW ?
Because you save money thats why !

This will be my 4th sale since I started in the business. I can tell you there
will be changes because they spent 2.7 Billion Dollars, and the VERY LEAST they will do is Paint :)

Yes Allisonmarie and Paul...It's ALL ABOUT THE MONEY.
 
Rothman

John Rothman said he got a 3 year contract on his show this morning. So we'll see what Citadel does
> > > What's "SAD" it that KMKY is what they CHOSE to
> > keep.
> > >
> > > > >
> > > > > You still don't get it, do you, PB?
> > >
> > > I don't get it either!t all of
> > > which
> > > > are garbage dial positions and sticks, have no value
> > other
> > >
> > > > than to promote things Disney. Bet KGO alone is worth
> > more
> > >
> > > > than all the Disney.
> >
> > Must be all about the money! But why mess with KGO and
> > throwing it to the wolves?
> >
> Who says that they will make any real changes? At first
> anyway, why upset the applecart just for the sake of doing
> so? Talk about being shortsighted! Disney has sure to have
> put in some type of safeguards for the near term at least!
>
 
Re: ABC/Disney Begins

> Perhaps what "I" think is "SAD", AS AN EMPLOYEE, you
> understand,(and forgive me for having an opinion) is that
> ABC/Disney thought so little of the 22 Owned Radio stations.
> (That have been Proping Up Radio Disney "Brand Extensions
> Stations")

Given the experience you have in the business, I would think you would see what Disney did in a more professional light, rather than taking a parochial view.

The context of your original remark makes the "sad" remark sound as if the inside knowledge you have was lacking in your comment.

Besides, we already all knew how you felt. It wasn't necessary to say it for the 47th time.<P ID="signature">______________


</P>
 
Re: Rothman

> John Rothman said he got a 3 year contract on his show this
> morning. So we'll see what Citadel does

The closing is probably 9 to 10 monts away, so it is going to be a long wait.
 
Re: Rothman

> John Rothman said he got a 3 year contract on his show this
> morning. So we'll see what Citadel does
> > > > What's "SAD" it that KMKY is what they CHOSE to
> > > keep.
> > > >
> > > > > >
> > > > > > You still don't get it, do you, PB?
> > > >
> > > > I don't get it either!t all of
> > > > which
> > > > > are garbage dial positions and sticks, have no value
>
> > > other
> > > >
> > > > > than to promote things Disney. Bet KGO alone is
> worth
> > > more
> > > >
> > > > > than all the Disney.
> > >
> > > Must be all about the money! But why mess with KGO and
> > > throwing it to the wolves?
> > >
> > Who says that they will make any real changes? At first
> > anyway, why upset the applecart just for the sake of doing
>
> > so? Talk about being shortsighted! Disney has sure to have
>
> > put in some type of safeguards for the near term at least!
>
> >
>
All of the on air Talk/news folks have personal service contracts. The air staff is represnted by AFTRA who negociates a staff contract, then managment
cuts personal service deals with the talent with the Staff Agreement as the Base language and rules and minimum rates. As I said in an earlier post. Citadel Gets the contracts. Its part of the deal. Since I am a member of AFTRA and work for the stations, this was one of our first questions to Disney.
NOW, No one says they can't buy you out of a contract...that will be expensive and since Union Contract's are still in place (Master Staff Agreement with AFTRA) they will have to hire people for the same rates. Give em two years to wreck the place ok ?
 
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