B
Bob1370
Guest
"OMG Bob! If you only knew how close big Larry was to losing it all...he was not a good businessman. Great creative guy, lousy at the numbers. Larry could not have kept the Bills, he'd be sitting with a tin cup outside of Tops on Elmwood right now if he had tried to keep his stations."
Were you there?
Looking at it from the inside, was a lesson in how quality can make strongly profitable enterprises. There's a reason he not only was able to buy out his partners but ultimately quadruple his money in the sale to Kerby Confer. The reason he sold, had a lot to do with the fact that the next generation in the family just wasn't interested in carrying on in the radio business...so he wisely decided not to force the issue, but to sell at a premium at a point not far from the top of the broadcast market. Don't feel sorry for him.
Had Bob Rich stayed in command at WGR, that station probably would have also been a good home for the Bills over the long term....not to mention baseball, given that the National League's first choice for an expansion site in the NL Eastern Division in the early 90s expansion round was apparently Buffalo, not Miami. But of course, Rich examined what operating a competitive MLB team would cost, decided the numbers didn't make sense and wouldn't be sustainable in the long run in Buffalo (sadly true), and pulled the plug on the baseball bid and ultimately on its intended broadcast flagship, Rich Communications. Everything changed in the Buffalo radio market afterward, and we've seen how it played out. No one will probably want to make the commitment to marketing the Bills that they want--so they'll have to get realistic and take the best deal they can get, just like they'll have to make the most of the Buffalo market as a permanent site because there's no better place for the team for the foreseeable future..
Were you there?
Looking at it from the inside, was a lesson in how quality can make strongly profitable enterprises. There's a reason he not only was able to buy out his partners but ultimately quadruple his money in the sale to Kerby Confer. The reason he sold, had a lot to do with the fact that the next generation in the family just wasn't interested in carrying on in the radio business...so he wisely decided not to force the issue, but to sell at a premium at a point not far from the top of the broadcast market. Don't feel sorry for him.
Had Bob Rich stayed in command at WGR, that station probably would have also been a good home for the Bills over the long term....not to mention baseball, given that the National League's first choice for an expansion site in the NL Eastern Division in the early 90s expansion round was apparently Buffalo, not Miami. But of course, Rich examined what operating a competitive MLB team would cost, decided the numbers didn't make sense and wouldn't be sustainable in the long run in Buffalo (sadly true), and pulled the plug on the baseball bid and ultimately on its intended broadcast flagship, Rich Communications. Everything changed in the Buffalo radio market afterward, and we've seen how it played out. No one will probably want to make the commitment to marketing the Bills that they want--so they'll have to get realistic and take the best deal they can get, just like they'll have to make the most of the Buffalo market as a permanent site because there's no better place for the team for the foreseeable future..