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Biz Radio gone again?

purpledevil said:
As of this morning at station sign on, KTEK/Alvin,Tx. became "Business 1110" under the Salem Communications flag. The new programming will still feature Ray Lucia and Dan Frishberg at their normal times, but quite a bit of the Biz Radio programming is being replaced by Bloomberg News. After an interview of Dan Frishberg this morning on KTEK, it was announced that Biz Radio's partnership with Salem will expand into other Salem markets. The initial plan is to expand the partnership within the State of Texas and then to move into markets across State lines.

Given that Dallas/Fort Worth is the biggest market in the State, one would assume the Metroplex would be next in line for this new partnership. Where would you expect to see this format debut in Dallas?
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1360 KMNY is the only logical, suitable, underutilized signal. However, if nighttime operation is critical, i would guess that they would want a nite signal that serves Dallas best rather than Hurst/Irving. KVCE is unsuitable in my opinion, the severe signal nulls make it distort severely in most of the areas of Fort Worth that I visit. Ray Lucia is on KVCE, I wonder if it would stay there if another station was broadcasting it (or would the other station lose Ray)?
 
purpledevil said:
After an interview of Dan Frishberg this morning on KTEK, it was announced that Biz Radio's partnership with Salem will expand into other Salem markets.
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I am shocked, stunned, amazed, taken aback and out of metaphors, i.e., speechless.
 
Well, if Frishberg said it, it must be true. If you take Frishberg's statement and applied it to his history of telling the truth then this "partnership" has a 10% chance of actually happening. From all that has occurred with Frishberg & Co. over the last few months there's a better chance of prison time than a Salem partnership.
 
adguy, I don't know how much of this expansion is actually going to take place, but the partnership here in Houston is well under way. Now, it may be that he is just leasing the time from Salem on 1110, in which Salem would be an absolute genius if this were the case. He just sold it back to them for just over 3 million, which is 4 million less than he paid for it 2 years ago. Top that with the fact that he is giving some portion of that money back to Salem to rent the time for his programming. However, that is not the way it sounds, and if it is untrue regarding the partnership I would suspect Salem would put a stop to the misrepresenation in a heartbeat.
 
purpledevil said:
adguy, I don't know how much of this expansion is actually going to take place, but the partnership here in Houston is well under way. Now, it may be that he is just leasing the time from Salem on 1110, in which Salem would be an absolute genius if this were the case. He just sold it back to them for just over 3 million, which is 4 million less than he paid for it 2 years ago. Top that with the fact that he is giving some portion of that money back to Salem to rent the time for his programming. However, that is not the way it sounds, and if it is untrue regarding the partnership I would suspect Salem would put a stop to the misrepresenation in a heartbeat.
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I wouldn't call Salem genius. I'd just call them good business people. Assuming they took the station back, why not lease to anybody willing to pay to broadcast on that signal. They'll lease to Frishberg until he stiffs them on the bill, which will probably be within a week or two. At that point "the partnership" as Frishberg refers to it, will cease to exist. I'll bet dollars to donuts that you'll see pigs fly before you see a "business radio" partnership between Frishberg and Salem in any other market.
 
But do you think Salem knew his business model would tank when they sold Frishberg the KTEK facility for 7.7 million? You saw the failure coming 2 years ago. What's saying Salem didn't share that insight? That's the genius part. Ditching a property that didn't fit their typical "cluster" for a big payday and then taking it back for half of what they paid and a nice monthly rent to boot.

You are most likely right on the money in your assessment for what is to be in the future for this partnership. The amazing part to me and to those I've spoken with on the subject is that Salem would even put their name and reputation on the line in this partnership. If you're leasing Biz Radio the time great. If it's more of a relationship than that, as an outsider looking in, the question that comes to my mind is why? What does Salem see that we don't and why would you risk the image you've built as an honest Christian business by having your name attached to future legal procedures involving Biz Radio?
 
Look! Up in the sky! It's a bird, it's a plane, it's....a pig? Looks like pork can fly.

Salem's 1520 WHIM/Orlando flips to business news/talk as "Business 1520". The partnership has spawned it's second child. Looks like Dan and Co. are making good on his 1st day promise of expanding outside of the State.
 
Hmmmmm...

Well I think their NYC station (The Apple) is not doing well as talk. Maybe they would be next to flip and can now compete with Bloomberg on their own turf?

-BGH
 
Hey, money speaks louder than ethics. Remember a conversation on here a while back, where MRBI corporate was taken aback by the wants and desires of future lessee Rational Radio at 1360? MRBI primarily leases to ethnic or religious operations, and seems to put its operation on sort of a higher, "religious" plane. When Rational wanted to come in with "hell" and "damn" and to freely challenge the Religious Right on the airwaves, it was apparently a MAJOR point of contention. Money, of course, won out, as it usually does.

And, normally, a station absolves every bit of responsibility for the on-air product that it possibly can, when it comes to a lease. Think about how many station owners have no clue what is being said over their own station, if it's being leased to some foreign language talk that the owner doesn't understand! But sure, if it came down to brass tacks, I'd bet the FCC would be fining the owner AND the lessee if a profanity issue was cited.

Then again, is KVCE or 1190 getting any flak from any lawful authority for leasing time to Cliff Robertson?
 
purpledevil said:
But do you think Salem knew his business model would tank when they sold Frishberg the KTEK facility for 7.7 million? You saw the failure coming 2 years ago. What's saying Salem didn't share that insight? That's the genius part. Ditching a property that didn't fit their typical "cluster" for a big payday and then taking it back for half of what they paid and a nice monthly rent to boot.

You are most likely right on the money in your assessment for what is to be in the future for this partnership. The amazing part to me and to those I've spoken with on the subject is that Salem would even put their name and reputation on the line in this partnership. If you're leasing Biz Radio the time great. If it's more of a relationship than that, as an outsider looking in, the question that comes to my mind is why? What does Salem see that we don't and why would you risk the image you've built as an honest Christian business by having your name attached to future legal procedures involving Biz Radio?
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If anybody offered me $500,000 for my 4 year old gas guzzling SUV I would it take without thinking. Forget the image, anyone offering $7.7M for that crappy signal worth less than half of that will get attention from Salem, the Vatican or anybody.

Again, this is all about money. Like Chuck said, they were looking at business formats before BizRadio got involved. With regards to this Houston property, you'll hear Frishberg right up to the time he stiffs Salem on a payment. That will be Salem's operational status for KTEK. Nobody's been convicted of anything (yet) so Salem won't rock the boat as long as money is coming in. I stand by my statement that Frishberg has nothing to do with any sort of partnership with Salem in any other market besides Houston. His partnership with Houston, again, is only there until he misses a payment, which will be soon based on the problems he has with his allegedly defrauded investors, Sidiqqui and God knows who else.
 
Free to attend, it says, but you know Dan's "street team" will be hawking all the books and other related garbage to the crowd, ad nauseum.

LOVED the expose on Elisea. There was a time when we were told at the Dallas office that Elisea was now calling the shots for the radio side (and it was a matter of weeks thereafter before I stepped down.) That's when her horrid excuse of a radio show started. Did I mention in an earlier post (?) about the time she was hyping her show all week with promos, saying she was interviewing Ed McMahon and Casey Kasem on her show that weekend, and when our board op previewed the CD before airplay, both interviews were actually badly-edited forgeries---she had taken two existing interviews and grafted her own voice in there asking the questions!!

She must have honed her interviewing prowess from listening to Dickie Goodman records.

So next week on MY show, I'm interviewing Obama, Bill Gates and maybe even the late Michael Jackson. JFK will be stopping by and giving a speech or two as well.
 
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