mj said:even if that was the budget expectation ($5.0 million), it really is not unreasonable based on San Diego being a $200 million revenue market. For perspective....In 2006 KOGO did almost $14 million, XPRS 13.5, KFMB-AM over 9.0... that is just the AM side...
KPRI did $5.5 million with their signal deficiencies. KLSD did 2.5 in '06. That really is not good enough based on their ratings position, and the amount of inventory they had to sell.
Two quick points.
One, KLSD would kill to have the signal of KOGO, XPRS or KFMB-AM. In an "FM world," where radio stations need (NEED) to be audible 24 hours a day in order to be competitive, it is not KLSD's 5-kw day signal that defines their universe, but rather its 1-kw/directional night signal. Its dial position at 1360--in the middle of the Interference Zone on everyone's AM dial--just makes it worse. But before CC ditches what they've got, they'd better ask themselves the critical question: What WILL bring in $5 million with a killowatt @ 1360? (The answer: Nothing).
Two, even at a "mere" $2.5 million in annual revenue, KLSD is so incredibly inexpensive to run that CC is likely cashflowing 60% on that little sucker. Major market clusters are among the most profitable businesses of ANY kind in America--hell, in the world. Mr. Mays & Mr. Hicks knew what they were doing when they wrote the legislation for the Telecom Bill of 1996. If 60 percent profit isn't good enough, what is? What is the limit on greed?