Audacy also owns Kiss and Star. They are very definitely younger and more female. Audacy saw weakness at WYRK and thought they might be vulnerable to a direct challenge. Townsquare saw the same weakness and finally hired someone (from Audacy) who knew the market and the had the juice to make a deal that gave him more programming freedom than previous programmers. WYRK made a comeback and The Wolf never invested in the talent and promotion required to really make a dent. So, now their meager 1.5 share has eroded to 1.1 instead of growing. TSQ made a move that worked out far better than what they did with WBUF. Audacy saw their Country share in Rochester slip significantly after Bob Barnett made the move to WYRK. In fact, Audacy has lost share pretty much across the board in both Buffalo and Rochester after they cut more local personnel and increased their reliance on VT and syndication.
There is no “comeback” at YRK. They have been a top station in Buffalo for 30 years in ratings and revenue.
Audacy never expected to make a dent in YRK. The only dent they can possibly make is taking some local direct dollars. Getting a rouge person from the YRK morning show and putting her on the Wolf means zero. It is only good for endorsement money.
Bob was a great PD at WBEE, but he left for a long period of time. During that time WBEE did fine. They will continue to do fine. These are heritage stations with popular, targeted formats. They are not going anywhere.
The Wolf has a duplicate of YRK format, no name recognition, no localness, an inferior signal, no promotion. It will not make a dent in YRK. For a guy like me, I could make a great living out out it, but for Audacy, it’s just another FCC license in the arsenal . They have few expenses, so it’s about the revenue, at the sacrifice of any ratings.
Radio stations in large groups can care less about ratings anymore. It does not matter to them. Selling digital does.
The great thing about Radio One is we put significant profit back into the company, continually making the product better with great people, great technology, great marketing, and an awesome local on air product. As Radio One grows, this will be the continued game plan.
Profits drive our company, but they don’t dictate it. If we can provide fruitful employment, continue a great local product, and make a decent, fair profit, I’m ok with that.
I’m happy provided a good workplace for our employees, and I like to see them flourish. I am very proud with the principles we operate under.
As far as the other companies, their people will all trickle down to WECK and any other stations that may be in the mix.