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Cumulus announces divestiture plan in NWA

Anyone else see a small FCC action late last week? Cumulus has found away to keep their Northwest Arkansas stations and will soon be taking KYNF back from the Volt Trust. KMCK-FM "Power 105.7" will change COL from Siloam Springs to Prairie Grove to make up for KYNF leaving. KYNF will be relicensed to Cedarville, in Crawford County near Van Buren. The move will make KYNF a Ft. Smith market station, where Cumulus is far enough below ownership limits it can pick up another FM and, thus, reacquire KYNF.
 
No. Cumulus isn't eligible to acquire another station in NWA without spinning something off, and KYNF becomes their next FM in the Fort Smith market, where they presently have three FM's but can legally own four. They were able to justify five FM's in Fayetteville under the old ownership rules, but they lost their grandfathered status when they took over Citadel. Cumulus finances very little with cash and debt, and the Citadel deal caused a substantial change in the company's ownership because all but about $300 million of the deal was financed through stock transactions with existing Citadel shareholders and private equity firms.

Most likely, the listeners will notice no changes. KYNF will probably still broadcast out of the old "Mt. Noalmark" studios, though it might move its public file to Ft. Smith and make other behind the scenes changes that will be completely transparent to the average listener.
 
Kent said:
Anyone else see a small FCC action late last week? Cumulus has found away to keep their Northwest Arkansas stations and will soon be taking KYNF back from the Volt Trust. KMCK-FM "Power 105.7" will change COL from Siloam Springs to Prairie Grove to make up for KYNF leaving. KYNF will be relicensed to Cedarville, in Crawford County near Van Buren. The move will make KYNF a Ft. Smith market station, where Cumulus is far enough below ownership limits it can pick up another FM and, thus, reacquire KYNF.

Pay no attention to the man behind the curtain.

This is another (apparently successful) "abra-cadabra" move by the clown princes of radio to circumvent the spirit of the law by getting around the original purpose of the regulations.

Yeah, I know...it's legal, but that doesn't make it right. There are a lot of things done by "the dark cloud" that are legal but are nowhere close to being the right thing to do. Great legacy, huh?
 
After the change of COL, the transmitter locations, wattage and tower height are essentially the same on those 2 stations. In Fort Smith, 94.9 has the third best signal of the Fayetteville stations (behind Magic 107.9 and KUAF-where both stations come in quite clear in FSM). 94.9 comes in moderately good, but can sometimes have some static even in a good car radio if you are up against a south facing hill. Some indoor radios have trouble picking Kruz up at all. I recall in the past, 94.9 would sometimes show up in the Fort Smith book as a 1 or so share. Point is...due to signal limitations I don't see them shifting advertising/listenership focus to the Fort Smith market. Probably just behind the scenes legal stuff that most won't notice except for the once an hour station ID (i.e. KMCK Prairie Grove/Fayetteville and KYNF Cedarville/Fayetteville-or will they legally now have to say KYNF Cedarville/Fort Smith?)

How far back does the KMCK COL relationship to Siloam Springs go back to? Doesn't it go way back to the late 40s or 50s as an AM? If I remember right, KMCK (back when they were K106) was celebrating 40 years on the air back in the late 80s. Perhaps Big Dan would know.
 
Bat Fastard said:
This is another (apparently successful) "abra-cadabra" move by the clown princes of radio to circumvent the spirit of the law by getting around the original purpose of the regulations.

Since when is it the job of the owner to act as a regulator? Just because the FCC is abdicating its responsibilities doesn't mean the owners are required police themselves.

If someone in the Media Bureau feels the applicant is circumventing the spirit of the law, he can deny the application. If he doesn't, then it's the failure of the regulators to do their job.

The reason people drive above the speed limit is because they feel they can get away with it.

Put the blame in the appropriate place.
 
TheBigA said:
Bat Fastard said:
This is another (apparently successful) "abra-cadabra" move by the clown princes of radio to circumvent the spirit of the law by getting around the original purpose of the regulations. 

Since when is it the job of the owner to act as a regulator?  Just because the FCC is abdicating its responsibilities doesn't mean the owners are required police themselves.

If someone in the Media Bureau feels the applicant is circumventing the spirit of the law, he can deny the application.  If he doesn't, then it's the failure of the regulators to do their job.

The reason people drive above the speed limit is because they feel they can get away with it.

Put the blame in the appropriate place.

Pretty thin, Big A.  It's that same argument that was at the heart of the financial crisis of the not-too-distant past.  The idea that you should "do it if you can get away with it" speaks to the lack of integrity in such business dealings.

Of course "integrity" is a concept that's foreign to the big corporate ownership...and some small ones, too.
 
TheBigA said:
Since when is it the job of the owner to act as a regulator?

Ya' know... I think I could argue that question either way. If fact, on another issue, I have that argument with myself EVERYDAY! I live on a peninsula. The street in front of my house is the ONLY way in and out of this neighborhood. Just past my house begins the "Bird Sanctuary" that covers most of the peninsula.

Our street has a 20 M.P.H. speed limit.

It is a walker's paradise... but you must walk the edge of the street for there are no sidewalks in the rocky, jagged southernmost extension of Appalachia.

Who should I fuss at over the people driving 60 to 70 on this little "over the hills and through the woods to grandmother's house we go" lane? Is it the job of the car owners (drivers) to act as regulators or is it the job of the Sheriff's office? When they do come out and set up radar about once every 90 days, they tend to set up right across the street from my house. I have gone out to have conversation with them and I guess the unofficial position is: "I will allow up to 35 mph. Go past that and the blue lights will start flashing."

So. What is the "rule of the road" in my neighborhood? Should I be standing out in the yard with a big paddle sign (like an old funeral home fan) that says "Shame on You!" and hold it up when drivers fly by, or should I be down picketing the Sheriff's office? Or do I just sit here as usual, mumbling and grumblig but doing nothing?

NOW, BACK TO OUR REGULARLY SCHEDULED PROGRAM.

This discussion is about the place I call home... the market(s) where for all my radio years I dreamed to returning to. My little hometown village no longer has it's own radio station because it was migrated into one of these two markets. And when I lived there the trip from Fort Smith to Fayetteville was a tortuous, grinding, twisting-and-turning journey that seemed to take forever. They were two little sleepy markets, but both had their own flavor, their own charm. Today they are connected by an Interstate that tells the mountains to get out of the way... "I don't twist and turn for nobody!" The trip between those two Arkansas towns is probably less demanding than my trip from the lake country down into Atlanta. And the last time I looked it up... there was talk of combining the the two markets into one metropolitan statistical market which would be the largest market in Arkansas... outstripping Little Rock in retail sales and other forms of commerce.... and population.

Does a company like Cumulus have any fiduciary responsibility to the people or Northest Arkansas to make sure a healthy media market exists, or is it totally the job of the regulators? What happens when the rules written to keep media healthy in Detroit or Boston on San Francisco has no reasonable amount of traction in this little Ozarks enclave?

I see the merits of both side of the argument.
 
Bat Fastard said:
Pretty thin, Big A. It's that same argument that was at the heart of the financial crisis of the not-too-distant past. The idea that you should "do it if you can get away with it" speaks to the lack of integrity in such business dealings.

I don't disagree with what you say. There were federal agencies whose job it was to police the banks and other financial institutions. They apparently were all on an 8 year vacation.

The FCC has decided broadcast radio doesn't matter any more. There's a reason we have these regulatory agencies. If they're not going to do their job, let's eliminate them and save the tax money. But don't pay people to regulate, and then complain when companies do whatever they want. People don't follow the law when there are no consequences.
 
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