I feel that with Citadel up coming bankruptcy (see last week’s lead story in this site) there might be a chance of another cluster in the Atl. I look for Citadel’s 101.5 and 106.7 to be sold for cash or “traded” to CBS making a 103.3, 101.5, 106.7 and 92.9 Cluster with FM facilities as good or better than Cox or CC. I forget the max # of FM’s with COL’s in a market you can have you can have so 92.9 a C1 might be the “odd station out”. I am not certain if the FCC can over ride The Bankruptcy Court so the 92.9 might not be an issue. (GM did a lot of things in Bankruptcy that surprised me) Of course Cumulus or Lincoln might end up with 101.5 and 106.7. Either way I think a new major player might really change Atlanta Radio for the better.
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Change for the Better?
- Thread starter secondchoice
- Start date
If CBS or Cumulus end up with both of those signal I would suspect SportsRadio on the FM dial would have a good shot of coming to the ATL. Perhaps if Lincoln gets it The Zone could make a play to license one of the signals like their 790 the Zone arrangment. Too good to be true to hear Sports in the winter after 6:00 pm.
I will kick in a a frew extra bucks just to see the those Good Time Oldies go away.
I will kick in a a frew extra bucks just to see the those Good Time Oldies go away.
Cumulus is in about the same situation as Citadel. I don't see them picking up stations right now.
RTibbs said:
Like it or not True Oldies has proven that a varied Oldies format works in Atlanta. If 106.7 would go sports, someone would pick it up. Even CC might see an opportunity to “non-local” 96.1 like WGST. True Oldies’ music is better done than either Fox 97 or 105.7. I just wish it was all local!
Wasn't there a deal being considered whereby Bonneville would pick up a lot of Citadel's stations, and then Bonneville would trade WKHX and WYAY to CBS in exchange for some CBS stations in a big Bonneville market?secondchoice said:
I don't think that CBS would be maxed out...Cox has four FMs (WSB-FM, WSRV, WBTS, and WALR-FM) in the market already, and so does CC (WKLS, WUBL, WWVA, and WBZY). Is ATL large enough for someone to own 5 FMs, or is 4 the limit in ATL (not that that would matter for CBS)? IIRC, it's measured by overlapping city-grade contours.
CBS also owns WAOK and that shouldn't be an issue, either.
Not hardly. When the file for it, the deal is already worked out. They will be swapping control/equity for forgivness of the loans or partial forgivness. There will be very little outside changes on the companies. While it would be smart to sell off some properties, they are getting very little for them. For example, when the spending spree started, they were giving upwards of 10x cash flow. Now, selling a property you'd be lucky to get 4 or 5x BCF.
jabba17 said:
Cox also owns WSB-TV and the Atlanta Journal-Constitution (via waiver of the newspaper cross ownership rules). Unless they sell the paper...they cannot acquire another station. Clear Channel appears at the max.
CBS nor Cumulus is nowhere near the max...which would make them candidates. Cumulus is not in an acquiring mood.
Keep in mind a lot of the ownership rules have been thrown in the garbage can over the past few years. And the courts have ruled in favor of even less limits.
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