I have to agree that oldies will not likely return on a major stick in NYC - and even though it's estimated that CBS will loose more than 15 million on the change in the first year, CBS is not likely to admit they made a mistake... if in fact it is a mistake. And I don’t think that it was a mistake -- more likely a jump into a format that didn't have legs.
But I have to object to the "oldies being dead" thing...
In many markets it IS ... however, as an agency owner and media buyer, I point to stations where "oldies" (not classic hits) is still a factor.
Some respectable markets too ... a random look at a half dozen markets where it's still working:
Cleveland (25) oldies #1
Boston (11) oldies #5
Providence (36) oldies #5
Fredericksburg VA (154) oldies #3
Philadelphia (6) oldies #4
St Louis (4) oldies #5
Large markets and small…These are 25-54 numbers - still a hot demo. Could I buy around them - certainly? Would I want to? Not likely. Because psychograpically, these people are passionate and listen to the radio in a different way -- they actively listen (compared to "hearing") ... and they respond to the advertiser in a different way.
I handle several national clients. I will not blow off an oldies station simply because of the format. If the station offers me slammin’ 25-54 numbers, I’m buying.
But I have to object to the "oldies being dead" thing...
In many markets it IS ... however, as an agency owner and media buyer, I point to stations where "oldies" (not classic hits) is still a factor.
Some respectable markets too ... a random look at a half dozen markets where it's still working:
Cleveland (25) oldies #1
Boston (11) oldies #5
Providence (36) oldies #5
Fredericksburg VA (154) oldies #3
Philadelphia (6) oldies #4
St Louis (4) oldies #5
Large markets and small…These are 25-54 numbers - still a hot demo. Could I buy around them - certainly? Would I want to? Not likely. Because psychograpically, these people are passionate and listen to the radio in a different way -- they actively listen (compared to "hearing") ... and they respond to the advertiser in a different way.
I handle several national clients. I will not blow off an oldies station simply because of the format. If the station offers me slammin’ 25-54 numbers, I’m buying.