RXP was performing quite well in the ratings after it moved more towards a Modern Rock sound (still sounded like a bloody mess though)-if Emmis didn't have some bills that had to be somehow paid in the near-future, I'm positive RXP would still be around AND be hovering around a 3.0.
If Emmis didn't have the big debt bill coming last September, and had not announced many months earlier that RXP and the Chicago stations would be sold, the RXP Alternative format would have been dumped sooner. It just wasn't performing up to what a NYC Class-B FM should be doing. It was the fact that it was going to be sold anyway that they kept it going as long as they did. There was no point in changing staff or investing in a new format before the sale.
If merlin put its stations up for sale who would buy them ?
First of all, Merlin is not likely to sell any stations. It just bought another one in Philadelphia. Its financial backers have deep pockets and are used to waiting years for their investments to pay off. One blog claiming rumors of a format dump doesn't mean its going to happen, but if Merlin is throwing in the towel on doing all-news it will probably try some other kind of spoken-word or talk format. In Philly, it's new station is news in the morning and talk the rest of the time.
As far as doing Country or Alternative on a NYC Class-B, which currently successful formats should be dropped to make room? Think in terms of who's got the ratings and is making money and not what format you would like to hear. Don't forget the NY Radio Market is 40-percent Black and Hispanic, and only 33-percent of the NYC population is non-Hispanic white. There are currently four commercial frequencies that are being used by non-comms, three Spanish language FMs, three Urban format stations, two spoken word FMs, WPLJ owned by Cumulus, and the rest of the music FMs are doing great and are owned in the CBS and Clear Channel clusters. And those big boys aren't going to change a thing, with the exception of CBS dumping music for FM sports or news at some point in the future.
Do a frequency count like that in Boston or Philly, take the ethnic population of the market into consideration and you'll see why they can squeeze more music formats on the dial. From the bottom, in Boston and Philly the NPR affiliates are in the non-commercial band, in Boston there is one Spanish language, and one hip hop station on the FM dial; in Philly, there are three Urban Contemporary stations and a Hip Hop, but no Spanish language stations on the FM dial.
And again, the Boston radio market is 14-percent Black and Hispanic, the New York radio market is 40-percent. And that's why there are more Black and Hispanic FM stations in New York, and no room for Alternative and Country. WRXP didn't do well enough, and WYNY, when it was country, didn't do well enough either. It's not about the music, its about the listener demos it brings for advertising sales. Alternative, or Country wouldn't add any demos that the music clusters aren't getting already, and Alternative might draw from CBS's WCBS-FM, and Clear Channels WAXQ. Those big guys aren't going to hurt what they already have. They will go after somebody else but they aren't going to threaten, or cannibalize, their own successful stations with a rival music format.