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Biddle to WNSR; Plaster signs new deal; Blake Fulton a sales rep...

N

NewtotheNasti

Yeah, its a no-brainer that WGFX resigns the SportsZone guys (any guesses how much their paying Daunic & McFarland?)--solid ratings, good reveune.

The only question about Biddle going to WNSR is how does a station with no ratings produce enough revenue to hire anyone? I'm sure they don't pay much, but let's face it, WNSR has shown they will hire anyone if they think they have a "name" in middle tennessee (or at least they've offered jobs to any and everyone), but how do they do it? Why would anyone buy time on a station with no arbitron #'s and a weak signal??? Jeff Kolb must be a heckuva sales guy to pull that off. Hats off to him...

Meanwhile, Blake Fulton (remember him?) is a lowly Acct. Rep for Fox Cable in Orlando, FL. How much difference a year makes, huh?
 
Kolb is just a good B.S.'er. I found that out. He, Randy Bell (the majority owner) and Ted Johnson are all good B.S.'ers in my book! Beware of any business dealings you have with them!

R
 
Yeah, I've heard stories how they go around dismissing arbitron ratings like its some kind of right-wing conspiracy against them, but they can't possibly be making $$$ over there are they? Besides being a good BS'er, there has got to be more to it than that...

Dont' know Randy Bell, but Ted Johnson is more of a techno nerd than salesman (although he does like to go around touting himself as THE GM of the station--I'm sure J. Kolb loves that!)

Anyway, I'm sure none of their "talent" makes much (doesn't King have family money or something?), making WNSR sort of the last refuge for castoffs and wannabes. Honestly, I would forget the station existed if it hadn't been in the paper this morning. Biddle is truly a lazy columnist (more the Tennessean's problem than wnsr's) at this point in his career and doesn't offer much but fumes to wnsr--hence the $7.50/hr he probably makes.

As for WGFX, I think I have a pretty good idea what kind of compensation Plaster commands, but it would be really interesting to see what of deal Daunic and McFarland get. Very doubtful they would have much success outside of 'Nashvegas', but Plaster resonates well here and as long as they remain "his boys" they'll be fine as supporting characters and holding the fort while George is away.

Oh yeah, before all the Daunic supporters jump all over me--I know, I know he's a good guy and solid reporter, but as a lead guy, he would REALLY struggle out of this market to separate himself from the pack--nice guy, but just not enough personality. History counts for alot in the Nashville market and Daunic has been around a long time.
 
Blake may or maynot be an Account Rep. in florida. Bottom line is "Survival". Sometimes you gotta do what you can to keep your head above water until the next opportunity arrises. Radio is there today and gone tomorrow. You gotta go with the flow, the best you can.
 
NewtotheNasti said:
The only question about Biddle going to WNSR is how does a station with no ratings produce enough revenue to hire anyone?
Click to expand...

You'd be surprised what you can do when you're not bound by a major corporation's ROI demands.
 
jetfli said:
NewtotheNasti said:
The only question about Biddle going to WNSR is how does a station with no ratings produce enough revenue to hire anyone?
Click to expand...

You'd be surprised what you can do when you're not bound by a major corporation's ROI demands.
Click to expand...

Yeah, I see your point, but how do you get a potential sponsor on-board when you seemingly have so little to offer??? Few, if any, listeners and a weak signal to boot (I know they laud their signal, but I have major difficulty during my travels, especially north and east of Nashville where I generally roam).

Again, I could see it if they only had themselves to pay (the 3 owners I'm speaking of), but when you factor in their payroll, even if one presumes its very low, how is their any money left over for profit???

It just doesn't seem to be a very attractive package for a potential sponsor...
 
During the Plaster lawsuit, I read where he was likely earning in the $150K range. I assume his Citadel deal to be at least that lucrative. Regarding his two "yes" men, Daunic probably picks up a few extra bucks with the Predators. Still can't see the Mcfarland appeal.
 
Hence the MAY or MAYNOT in my response. My point simply being, .."so what?" Not sure what kind of person blak fulton may have been or is.., but if he's working as an Acct. Rep or running the rides at Disney florida... does it really matter? The guy has to eat and pay his bills. Radio can turn a person sour ORRR you can spin a situation and take the good with the bad and excel with it and just stay in that holding pattern until the next opportunity. Unless, your one of a number, who grow bitter over the industry and take your aggressions out in an ugly and unproductive manner on boards such as these. Remain Postive!
 
NewtotheNasti said:
Yeah, I see your point, but how do you get a potential sponsor on-board when you seemingly have so little to offer???
Click to expand...

Their rates are a lot lower, and what audience they can deliver is still of some significance to some potential buyers. If you want to reach a sports fan, and can't afford the big boys, you can buy here.

NewtotheNasti said:
Again, I could see it if they only had themselves to pay (the 3 owners I'm speaking of), but when you factor in their payroll, even if one presumes its very low, how is their any money left over for profit???
Click to expand...

Basically, you're willing to take less in profits. When you are a publically-traded company, the expectations are higher, and you have performance quotients to meet. The way the big boys whine, you'd think it would be impossible for smaller stations to make any money. But they do, every day, by keeping costs low and selling inventory accordingly.
 
Thanks jetfli for the Radio Econ. 101 class :)

However, let's break it down even further: Let's assume that wnsr pays their hosts & board ops (a total of 6 after looking at their website) a conservative avg salary of $20k per year plus other operating expenses of $30k a year (also conservative). That's $150k/yr just in expenses (I'm sure its much, much more than that)!!!

If you have to figure they get no national advertising because no media buyer would buy a station with no ratings (a quick glance at the book shows almost non-existent ratings), so even if they can convince a local, unsophisticated advertiser into buying what is presumably a low rate, there is no way they have enough inventory to cover $150k in expenses.

Again, I barely remembered the station existed until I saw it in the paper and dont listen, so what type of advertiser does business with them? Are they really able to bamboozle enough local advertisers to buy packages at rates higher than we can imagine? I just dont get it and it doesn't add up...

They've been on the air long enough it seems that they could only burn and overpromise a few advertisers before they would run out of potential sponsors.

Bottom line is this: Who buys a station (even if cheap) with no ratings? AND how does a station cover those kind of admittedly conservative expenses I outlined with such cheap rates? It just doesn't add up.
 
Wow! What's the dishin' on WNSR for? Everything from personal attacks to quotes from Arbitron. Do any of you actually know Mssrs Kolb, Johnson or Bell? Worked for them? The business remark is borderline slander and from what I understand they didn't hesitate more than 30 seconds in suing Cumulus and ABC, you think your lawyers are any better than theirs?

Take a look at BIA if you want to take a guess at the station's billing. From what I just read, it's a lot more than you think it is. As to the comment about the signal, I took a look at the pattern; It's on the FCC's website) It's a north/south pattern. Obviously protects WHBQ to the west. I don't know what is at 560 to the east.

Bottom line: Why don't you try competing in Nashville against the Cumulus' of the world. My boss does it everyday and it's no cake walk. All I have to do is worry if the station's on the air, I can't imagine what it must be like to actually have to sell against the big guys. WNSR, be it good or bad, at least gives it a shot.
 
BigTimeEngineer said:
Take a look at BIA if you want to take a guess at the station's billing. From what I just read, it's a lot more than you think it is.
Click to expand...

What's BIA? I'm just trying to learn something about the economics of radio from a non-corporate perspective.

Hey, I give J. Kolb credit--if he's able to sell that product, he must be a rally good salesperson.
 
Let me set the record straight of who owns what in WNSR-AM. This is according to the FCC databases and the latest Ownership Report filed with the commission:

Randy Bell owns 72% of the Voting Stock in Southern Wabash Communications of Middle Tennessee, Inc. This means HE IS THE REAL OWNER! He has the contoling interest. This means he owns the station, and he can take away the voting stock from the other members, if he wishes.

Ted Johnson owns only 5% of the Voting Stock

Bill Kincade owns 10% of the Voting Stock

Jeff Kolb owns 10% of the Voting Stock

Scott McCallen owns 3% of the Voting Stock

Randy Bell gave these guys a little piece of the pie to get some work out of them. I love how Jeff Kolb has ran around town and has lied to the public that he owns the station. What he doesn't realize is the FCC records are public information and anybody can find out anything about these radio stations.

Kolb....stop your lying!
 
1. When discussing WNSR's financial situation, we should consider the station's "dirty little secret" -- the many sports bet tipsters' shows it runs on weekend mornings (particularly during football season). I'm pretty sure that all, or at least most, of those programs are brokered, and if so, the sale of all that airtime to all those annoying sleazes may well make up for any shortfalls in spot advertising revenue.

2. Okay, so we know that someone named Blake Fulton is a sales rep at Fox Cable Networks. How do we know, then, that he is the Blake Fulton and not some "anonymous" schmo who happens to have the same name?
 
Mr. Bailey, a.k.a. Rocko11:

I appreciate your taking the time to present the percentages of ownership of the shareholders of WNSR. By virtue of his stock, Mr. Kolb is indeed an owner of WNSR.

Elsewhere on this board, you purport to be an owner of WMRO. As in Mr. Kolb’s case, with regard to WNSR, you, too, do not hold a majority interest in WMRO. But, you still choose to call yourself an owner. However, under the guise of “setting the record straight”, you characterize Jeff’s just and legal ownership as “lying to the public”.

It seems to me that the respective ownership interests, Mr. Kolb’s and yours, actually mirror one another; Neither is a majority. Yet, you both maintain an interest in a broadcast property, and are entitled to use of the term “owner”.

Nonetheless, when it comes to the definition of ownership, the percentage of stock is only relevant when it meets your goals to enhance your own (self-) image and, furthermore, to discredit and harm another individual’s reputation. The latter is unacceptable.

As to your comments about our corporation's officers, I am somewhat confused. To the best of my knowledge, individually or corporately, we have never had any contact whatsoever. And, quite frankly, considering your propensity for presenting your personal opinions as fact, I hope that we never will.

The foregoing notwithstanding, if you have a factual issue with our company, I would be most willing to discuss it. You are welcome to call me at anytime. On the other hand, considering the originating source, and your choice of venue, I suspect that your remarks are much ado about nothing.

In closing, may I offer a personal observation to you? I have to wonder how you would react if you read a variety of personal attacks on you, your family, and/or "your" daytimer in Gallatin? Presumably, you would find such comments as disconcerting as I have found yours to be. Additionally, to what degree would such "opinions" be tolerated? With respect to same, our tolerance is rather brief.

President, Southern Wabash Communications Corporation
 
Network 23 said:
1.

2. Okay, so we know that someone named Blake Fulton is a sales rep at Fox Cable Networks. How do we know, then, that he is the Blake Fulton and not some "anonymous" schmo who happens to have the same name?
Click to expand...

I actually have no idea if that is the real BF, I just read somewhere that he was in Orlando doing HS football games or something--more likely he's a sales rep for Fox Sports Networks.

Personally, I couldn't care less what he's doing--it was more to provide general interest to the board. However, with BF's ego and aspirations (he thought he was a "star"), its go to be quite a blow to the psyche...
 
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