• Get involved.
    We want your input!
    Apply for Membership and join the conversations about everything related to broadcasting.

    After we receive your registration, a moderator will review it. After your registration is approved, you will be permitted to post.
    If you use a disposable or false email address, your registration will be rejected.

    After your membership is approved, please take a minute to tell us a little bit about yourself.
    https://www.radiodiscussions.com/forums/introduce-yourself.1088/

    Thanks in advance and have fun!
    RadioDiscussions Administrators

CBS Sacramento

D

djj

Assuming Sacramento is considered a "mid-size" market, here's
something to ponder via All Access News this hour:

50 Mid-Size Stations To Be Sold

"Reaffirming a previously announced strategy, CBS said it aims to sell off 50 mid-size market radio stations to fund a share buyback. At present, there is not a specific list of stations/markets affected as the 'situation is fluid'."

Stay tuned...
--jay

(P.S. - a similar news post was given on the New York board, but this
concerns Sacto)
 
Lemme spout some theory for a moment:

CBS' core business is TV. Clearly, whatever money they're going to make is going to come from the television side...between O&O's, nets and distribution. If CBS has done one thing well, it has built solid local TV operations around the country -- duopolies (and triopolies) in a few. My guess is that, wherever CBS is NOT doing local television, they'll get out of radio. Those are: West Palm Beach, Charlotte, Palm Springs, Cleveland, Hartford, Houston, Las Vegas, Orlando, Portland, Phoenix, Palm Springs, San Diego, Seattle and Washington, DC (which is a large market, but hardly a top performer for CBS). That's 64 stations. It makes better economic sense to be where the money is, and I think TV is going to dictate where CBS stays and where CBS goes away from.

Translation: Sacramento, with KOVR/KMAX, is probably safe...for now.
 
Realizing that cost is always a consideration... why wouldn't CBS take advantage and the cross-promotional opportunities by putting all their radio and TV stations under one room... at the KOVR/KMAX studios in West Sacramento?

Especially with KMAX's five-hour long morning show, there's got to be ample opportunity to have talent from various radio stations appear on-air... plugging whatever they've got going on... events, etc.

They could even utilize KHTK talent to do sports hits on KOVR or KMAX shows... Maybe simulcast talk shows as a way to get some more local programming... instead of a syndicated show.

Maybe we could then get a look at that guy on Jack-FM. Oh, he isn't really in Sacramento. Never mind.
 
All_Static said:
They could even utilize KHTK talent to do sports hits on KOVR or KMAX shows... Maybe simulcast talk shows as a way to get some more local programming... instead of a syndicated show.
Click to expand...

Why not?

After all, Gary Radnich will (once again) simulcast his highly-successful midday-show from
50,000-watt KNBR 680 via seperately-owned Comcast Sports Net in September:

http://www.contracostatimes.com/sports/ci_9901374?nclick_check=1

--jay
 
DC & Houston are both major markets. I don't see CBS selling those off, but the rest of your theory is I think spot on.

So save the above two, and I believe you'd be at 56.

But I think Phoenix and Seattle would be also safe. Baltimore would more likely be a casualty before either Seattle or Phoenix, based on that DC is so close in region.
 
Re: CBS Sacramento - FOR SALE

Well, here's the lowdown: CBS says it will divest all of its radio properties in markets ranked outside the Top 15 -- including Sacramento. The process should take 12-18 months and CBS has already identified potential bidders (which has been reported this afternoon in a variety of places).

The affected markets and some of their biggest CBS stations: Sacramento (KNCI), Phoenix, Las Vegas, Palm Springs, Hartford (WTIC), Orlando, Cleveland, West Palm Beach, Riverside/San Bernardino (KFRG trimulcast), San Diego (KYXY), Baltimore, Charlotte, Denver, Minneapolis-St. Paul (WCCO), Pittsburgh (KDKA), Portland, Tampa-St. Petersburg and West Palm Beach.

The staff at Sac are being told of the news right now. Business as usual is the message.
 
I wonder what bearing the availability of the CBS stations mentioned
by JVP (above) will have on the availability of the Cheap Channel
"Aloha Trust" stations TBA...

One thing for certain...most of these stations will not come cheap,
even for a "newbie" that wants to enter da wonderwoeful world
of radio...
--jay
 
The strategy is to try to find one company to buy ALL the stations...if that's not possible, then sell clusters as a whole (i.e., all six Sacto stations at once; all the West Palm stations at once, etc.). Failing any of that, and if the offers are good, sell stations one or two at a time.

One wonders if there's actually ANY buyers out there that really want to buy 50 stations at once.
 
Ah, I yearn for the days of mom and pop operated stations, where someone local owned a station and took pride in the product and serving the needs of the local community....


It'd be nice to see that happen. But I'm not holding my breath.
 
Quick-somebody get me Ed Stolz! Ed Stolz...come in, Ed. Earth to Ed Stolz...do you read? Are you on this frequency?
 
jvparent said:
One wonders if there's actually ANY buyers out there that really want to buy 50 stations at once.
Click to expand...

There wasn't the last time they divested roughly two years ago. I don't think any buyer got more than three markets.
 
AllAccess.com has posted a list of probable stations being sold. All the Sac stations are listed...
 
Salesslap said:
Quick-somebody get me Ed Stolz! Ed Stolz...come in, Ed. Earth to Ed Stolz...do you read? Are you on this frequency?
Click to expand...

ROFL!!!
 
DJBigOne said:
AllAccess.com has posted a list of probable stations being sold. All the Sac stations are listed...
Click to expand...

I did notice that AllAccess did leave Jack off the list. They don't make money for record companies. Well neither does KHTK and they're on the list.
 
Newsperson responds:

12 to 18 months seems like a long time. Yes you would expect a company to buy say, all of the Sac stations. Does anyone know if CBS is over the limit in Sacramento? If that's the case then one station could be sold seperatly, like Jack. Attention K-Mart Shopppers!

In Las Vegas CBS appears to be way under the limit and in this case some in-market buyers could buy them seperalty (if they wanted them) and if CBS was willing to enter into contingency sales.

In San Francisco many of the board commenters would love to see CBS sell KFRC so a new company could run it like a live radio station and not a jukebox.

Any thoughts of buyers for Sacramento or Las Vegas?

I will look for your replies.

Newsperson
 
jvparent said:
Lemme spout some theory for a moment:

CBS' core business is TV. Clearly, whatever money they're going to make is going to come from the television side...between O&O's, nets and distribution. If CBS has done one thing well, it has built solid local TV operations around the country -- duopolies (and triopolies) in a few. My guess is that, wherever CBS is NOT doing local television, they'll get out of radio. Those are: West Palm Beach, Charlotte, Palm Springs, Cleveland, Hartford, Houston, Las Vegas, Orlando, Portland, Phoenix, Palm Springs, San Diego, Seattle and Washington, DC (which is a large market, but hardly a top performer for CBS). That's 64 stations. It makes better economic sense to be where the money is, and I think TV is going to dictate where CBS stays and where CBS goes away from.

Translation: Sacramento, with KOVR/KMAX, is probably safe...for now.
Click to expand...

Phoenix has CBS local television
 
Re: CBS Sacramento - FOR SALE

jvparent said:
Well, here's the lowdown: CBS says it will divest all of its radio properties in markets ranked outside the Top 15 -- including Sacramento. The process should take 12-18 months and CBS has already identified potential bidders (which has been reported this afternoon in a variety of places).

The affected markets and some of their biggest CBS stations: Sacramento (KNCI), Phoenix, Las Vegas, Palm Springs, Hartford (WTIC), Orlando, Cleveland, West Palm Beach, Riverside/San Bernardino (KFRG trimulcast), San Diego (KYXY), Baltimore, Charlotte, Denver, Minneapolis-St. Paul (WCCO), Pittsburgh (KDKA), Portland, Tampa-St. Petersburg and West Palm Beach.

The staff at Sac are being told of the news right now. Business as usual is the message.
Click to expand...

Isn't Phoenix market 15?
 
newsperson said:
Newsperson responds:

12 to 18 months seems like a long time. Yes you would expect a company to buy say, all of the Sac stations. Does anyone know if CBS is over the limit in Sacramento? If that's the case then one station could be sold seperately, like Jack. Attention K-Mart Shopppers!
Click to expand...

I agree - 12 to 18 months seems like eternity in this case...

In talking with two Sacto-area-radio-folk and one Bay Area consultant today, I don't think a "newbie" or a
wannabe-corporate group can afford to purchase a lot of Cadillac-powered FMs and a coupla AMs from CBS -
the radio station-buying market is soft right now, and for awhile to come...especially with cluster-buying...
(see also below)...

newsperson said:
Newsperson responds:
In Las Vegas CBS appears to be way under the limit and in this case some in-market buyers could buy them seperately (if they wanted them) and if CBS was willing to enter into contingency sales....

...Any thoughts of buyers for Sacramento or Las Vegas?

I will look for your replies.

Newsperson
Click to expand...

One I spoke with thinks Entravision could use a fifth (stronger) Sacto FM to go with their four FM signals...
if CBS wants to part-out that cluster, which they may hafta do anyway, given the economy and state of
radio-sales...

Any existing group-owners interested in Sacto not already in Sacto? Let's see:

Cox Broadcasting? Makes sense to me...if they want to grow, here's their chance...
Citadel? Fuhggedaboudit - they're "tied up" right now...
Cumulus? Don't think so...
Emmis? Who knows?...
Bi-Coastal Media? A very good group, but the stations are outta their price range...
Mapleton? My head hurts thinking about that one...

Others? Probably in the same plight as Bi-Coastal...
--jay
 
Status
This thread has been closed due to inactivity. You can create a new thread to discuss this topic.


Back
Top Bottom