SirRoxalot said:
Entercom has two talk stations - both on AM, the band that you contend is on life support.
The BAND is on life support, but some older cities still can have a couple of successful AMs. Detroit, Philly, Boston, and New York are a few. Same with Buffalo. That doesn't mean the band is making a comeback. A mall that has only two open stores is still a mall on life support.
When did Entercom sell WGR? Or did they flip to oldies? I'd suggest the one-two punch of BEN and GR are contributing a lot to the bottom line mainly because, as I said before, they can run a lot more commercials in talk and sports without alienating their audience. And yes, their demos are nearly dead, but that's OK, because they LISTEN to the radio. Talk and sports radio are foreground formats, and it's why companies are moving them to FM.
I was reading how the one-two punch of WCBS-AM and WINS-AM in New York City, two AM stations with aging demos, helped CBS Radio become the #1 biller in the city. Add WFAN and you get a trifecta. CBS FM stations are on the bottom end of the revenue scale, even though WCBS-FM is in the Top 5. Why? The audience hates commercials, and music radio, even with similar demos, is a tough sell. That could cause a problem for WHTT, even with a good book.
As I've said before, I believe music radio stations will have to cut their spotload even more to keep their audience. That will mean they will have even less money for talent. Meanwhile, companies will move news, talk, and sports formats to FM, where they'll attract younger demos, and the industry will gain another 15-20 years with terrestrial radio, before everyone moves completely to some form of digital delivery system.