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BLOCK looking to bail out Salem?

I heard a rumor that BLOCK is looking at jumping into the radio biz with stations in Louisville and Pittsburgh.

Could they pick up WFIA-A/F and WGTK-A? What could they possibly pick up in Louisville to compliment WDRB and WMYO?
 
101.7 was (and presumably still is) put into the Aloha Trust established by Clear Channel. As far as I know no deal has been reached for the station.
 
The Bloch (dba Block) interests would probably be good operators for the AMs, given their good management of the WDRB/WMYO duopoly over their years of ownership.

This reminds me of when WLKY/Pulitzer owned WLKY-AM 970...when Hearst-Argyle bought the TV station, they spun off the AM despite pleas from the Louisville management and staff to keep it as an all-news complement to the TV. It had very respectable ratings and a healthy client list, but Hearst was only into TV acquisition and spun off WLKY-AM to Salem.
 
ericjbard said:
I heard a rumor that BLOCK is looking at jumping into the radio biz with stations in Louisville and Pittsburgh.

Could they pick up WFIA-A/F and WGTK-A? What could they possibly pick up in Louisville to compliment WDRB and WMYO?

Bail out Salem from what?
 
Looking at Salem from Wall Street, it doesn't need a bail out, last year they did just fine, handing out
dividends..... good stock to own these days..... keep running that long form programming
 
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