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Connoisseur Media acquires Bonneville’s San Francisco Cluster
- Thread starter TheM1ghtyBear
- Start date
I hate bad jokes, but it was there, so...
But the difference is this EMF wants you to believe.
I believe that EMF (K-Love) is greedy and keeps hoarding signals I'm pretty sure they don't need.
c
K.M. Richards
Program Director, The Eighties Channel™
As I have said previously, it almost seems sometimes that they have forgotten the definition of "covet".
I will also ask again: Given that God is omnipotent, why does He need transmitters?
I agree!
It's been my observation that many so-called Christians have lost their way, and have become too concerned with, among other things, accumulating excessive amounts of material wealth – radio signals, money, etc – while seemingly ignoring the basic teachings or bending them to fit their narratives, whichever is most convenient. Isn't this in direct contradiction to Christian ideals? I have similar qualms about Catholicism, going all the way back to antiquity (the Spanish Inquisition, the Crusades, and the Colonization of America, to name but a few historic examples of Church-condoned violence, destruction and acquisition of great material wealth). Believe what you must, but In my view, the Church has not historically been particularly benevolent.
Maybe I'm naive (I'm not particularly religious, but I'm not an atheist), but it seems to me like the best thing a Christian (or anyone, really) can do is follow the golden rule and simply be kind to others regardless of their beliefs. Who does that anymore?!
But anyway, I don't want to go down that track and go totally nuts with this topic (politics is bad enough!). Just stating my beliefs for the record in response to @K.M. Richards.
c
K.M. Richards
Program Director, The Eighties Channel™
And I agree with you, too.
Thank you!
I wish all people could agree so easily!
When we can all agree on a point, it makes getting along so much easier!! No fighting! No arguments! No wars!
c
KOME was pronounced "come". They may have dialed it back as time went on, but in the mid-70s, nobody there was being subtle.
Liners included:
"You've got KOME on your radio."
"You've got KOME in your ear."
"Don't touch that dial---it's got KOME on it."
"You've got "KOME" oozing out of your speakers."
"98-point-5...the KOME spot on your dial."
The KOME Spot - A Tribute To The South Bay's Legendary 98.5 FM KOME
A Tribute To The South Bay's Legendary 98.5 FM KOME 2021 BARHOF Legendary Station Award KOME Familybayarearadio.org
The continuing responses to that post reminded me---in 1981, when I was working at KTVN, the CBS TV affiliate in Reno, a new station, Channel 21, went on the air.
The call letters were "KAME".
My first response, out loud, in the newsroom?
"The got the tense wrong."
They. Not the.
Dammit.
Dammit.
They already have KDFL - transmitting from the same site as KKIQ:
Dave B.
Couldn't agree more! They are perhaps among the top two or three in the above categories- the old Group W being another that comes to mind.
For th
And I just tripped across this...Warren Zevon visiting KOME and jock Joe Kelly.
The T-shirt reads "Give KOME the finger".
KOME was pronounced "come". They may have dialed it back as time went on, but in the mid-70s, nobody there was being subtle.
Liners included:
"You've got KOME on your radio."
"You've got KOME in your ear."
"Don't touch that dial---it's got KOME on it."
"You've got "KOME" oozing out of your speakers."
"98-point-5...the KOME spot on your dial."
The KOME Spot - A Tribute To The South Bay's Legendary 98.5 FM KOME
A Tribute To The South Bay's Legendary 98.5 FM KOME 2021 BARHOF Legendary Station Award KOME Family
And I just tripped across this...Warren Zevon visiting KOME and jock Joe Kelly.
The T-shirt reads "Give KOME the finger".
I'm just amazed every time I hear one radio company is going to buy a cluster from another radio company. It makes me think things are not as dark in the world of radio as I fear.
Emmis can't find a buyer for WEPN-FM 98.7 and WLIB 1190 New York. The 98.7 frequency is one of only 15 full power commercial FM stations in Market #1. 1190 is 10,000 watts by day, 30,000 watts at night, a really good AM signal, improved much since it was a daytimer years ago. But nobody will pay what Emmis wants so it is reluctantly running its own version of Spanish/English AC on both frequencies. Emmis reportedly wants $50 million.
And in Tulsa, a doctor/businessman bought the Cox cluster of stations: highly rated News Talk KRMG-AM-FM, Country KWEN, Classic Rock KJSR and Hot AC KRAV. That one doctor could buy five high-earning radio stations in Market #63 boggles the mind. The price was not disclosed.
Emmis can't find a buyer for WEPN-FM 98.7 and WLIB 1190 New York. The 98.7 frequency is one of only 15 full power commercial FM stations in Market #1. 1190 is 10,000 watts by day, 30,000 watts at night, a really good AM signal, improved much since it was a daytimer years ago. But nobody will pay what Emmis wants so it is reluctantly running its own version of Spanish/English AC on both frequencies. Emmis reportedly wants $50 million.
And in Tulsa, a doctor/businessman bought the Cox cluster of stations: highly rated News Talk KRMG-AM-FM, Country KWEN, Classic Rock KJSR and Hot AC KRAV. That one doctor could buy five high-earning radio stations in Market #63 boggles the mind. The price was not disclosed.
There very likely IS a buyer, but current FCC ownership laws prevent the company from buying another station. We'll see how the FCC handles this purchase in San Francisco. If they grant a waiver, and not require spin-offs, then you may see a sale in NYC. I expect it to happen in 2026.
FCC filings reveal that Zoellner Media Group paid $20M for Cox Media Group’s five Tulsa radio stations, including KRMG and The Eagle.
Zoellner paid $20 million for the Cox Tulsa stations. I was in Tulsa last week for the Paul McCartney concert, and word on the street is that he's very bullish on radio and wants to expand his holdings. I doubt you'll see him become the next big station owner, and he almost definitely won't be buying WEPN or any potentially Connoisseur castoffs in the Bay Area. Some people, however, still believe in the medium, and, while less than what it was even a few years ago, you can still make good money operating in it.
Let's introduce you to the "greater fool theory" for which there's an entry in Wikipedia: Greater fool theory - Wikipedia
Is that's what happening here? Maybe, maybe not. Radio stations aren't liquid assets valued in an open marketplace with many participants. So the only indication of value is the price someone is willing to pay for the asset at a given point in time. Whether that represents fair value is something none of us who participate in message boards will likely know.
The Tulsa stations still are in very early days under new ownership. I'd wait a few years before making judgments. If it were my money, I'd do something else with it. But money may not be the primary motivation here.
Remember, the sale of those stations is in some form or another tied to Jeff Smulyan's plan to take Emmis private. And that $50 million price was only publicized about two years ago.
Further, WLIB is at best a fair signal. Look at the 20 mV/m coverage area vs the extremes out on Long Island, and on the western and southern parts of the market.
That reported asking price is a few years old now. Emmis is waiting now until the FCC acts on potential deregulation as it makes Audacy and iHeart as capable of adding 98.7.
The price was disclosed. The cluster bills well and he is using it as well to market his other businesses in Tulsa.