I really get sick of this point of view. It only involves two companies, neither of which own KOMO. Debt service isn't a problem for Sinclair. They're buying up stations all the time. They're investing in lots of things. But none of that changes the fact that the audience for all news radio is too old for most advertisers. That's what the problem is here. Ask your kids about news radio. Tell me what they say. That has more to do with this discussion than debt service.
You should follow the thread. Rob mentioned that no one that would buy the stations would keep KOMO as all news. One can extrapolate that the potential buyers from Sinclair's Seattle radio cluster would include those two companies with debt service issues.
And while there is the possibility one of the other major radio groups would come in and pick up the cluster, would anything be different with their operating behavior. The industry has an oligopoly structure with a couple of major players dominating the major markets. Those who are doing better financially aren't operating their divisions substantially differently than the biggest players, because they are just following the leader.
Who will be the disruptive innovator?