C
casual observer
Guest
DavidKaye makes a very good point about the revenue potential of Oldies stations.
As potent as WCBS-FM is in the New York market, their billing is nowhere near what it was 4-5 years ago. Last year with excellent ratings, they billed $18 million. In 2005, it was closer to $30 million. Granted, today's advertising market isn't what it used to be and that accounts for much of the difference. But in reality, listeners of these stations have an average age well north of 50 making Oldies stations a very tough sales pitch.
Top rankings in 6+ do not always guarantee top revenue. The big dough is in 25-54. And even though stations like WCBS-FM and KRTH rank well in this demo, their top-heavy age makes it difficult to convince many buyers they deserve the lion's share of the buy.
As potent as WCBS-FM is in the New York market, their billing is nowhere near what it was 4-5 years ago. Last year with excellent ratings, they billed $18 million. In 2005, it was closer to $30 million. Granted, today's advertising market isn't what it used to be and that accounts for much of the difference. But in reality, listeners of these stations have an average age well north of 50 making Oldies stations a very tough sales pitch.
Top rankings in 6+ do not always guarantee top revenue. The big dough is in 25-54. And even though stations like WCBS-FM and KRTH rank well in this demo, their top-heavy age makes it difficult to convince many buyers they deserve the lion's share of the buy.