Boston Radio is taking a bad turn

[Ray D. Oh]

I too, am miffed at the state of radio in Boston. The recent KISS and Jamn' moves are absolutely ridiculous for two stations who are such obvious long-time players and ratings leaders in the market. Clear Channel and their philosophies are truly making our business much weaker in both the short and long haul. The best thing that could happen is the new owners of Clear Channel decide to throw out the current management and hire someone who takes a long range view of how the company will thrive or sell it all to operators who are broadcasters. Thank God some stations in the market (Greater Media and CBS) still are doing things the way major market radio should be done. They will be the beneficiaries of Clear Channel's blunders. CBS and Greater Media...go get your unfair share of the listeners and revenue dollars!

 

[GenXRadio]

Clear Channel is not selling the broadcasting arm of their company, they are selling Live Nation and Clear Channel outdoor.
They plan on keeping the radio part but will be selling smaller stations outside the top 100 markets.
There were rumors that they may sell some stations within the top 100 market but that would be the only way you're going to see the kinds of changes you're talking about at Kiss & Jam'n

 

[Neggy]

CC is selling the radio business.

Clear Channel said it plans to sell 448 of its 1,150 radio stations and all of its 42 television stations.

That means Bain Capital and Thomas Lee partners, who are buying CC will end up with about 700 stations in the top 100 markets.

 

[starchild]

CC IS selling the broadcast arm...KISS..Jamin'...those recent events are the prep work.

 

[Radiodeity]

{sniff.. sniff.. sniff.. }

What's that smell? Is it satellite? Could Clear Channel be selling off a major part of the terrestial radio business because they see the direction it's heading - and buying up even more of XM Satellite Radio? With the announcement just a few days ago about Sirius Satellite offering Video in early 2007, could this be the new wave?... Contrary to some opinion, Clear Channel isn't stupid - unethical at times maybe - but not stupid. Cash focused and bottom line driven... We'll have to wait and see...

(Just another point of view...)

 

[keyjock]

CC IS selling the broadcast arm...KISS..Jamin'...those recent events are the prep work.

If that were the case, you know look "Lean and Clean" for perspective buyers, they would've dumped Matty and the HUGE salary of his, as a start.

 

[argytunes]

To paraphrase a quote from THE WIZARD OF OZ:

"Pay no attention to that consultant (holding a checkbook) behind the curtain!"

argytunes

 

[Signpost]

Clear Channel's plan: convert the stations into entities whose sole purpose is to promote and support their websites. Let the websites scoop up all the revenue as the online share of the advertising market continues to increase - while radio's continues to decline.

The flaw here is that CC has a disproportionate share of radio's slice, while thier share of the online slice will never be able to compete with Google, Yahoo, AOL, MySpace, etc.