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CUMULUS BUYS CITADEL FOR $2.4 BILLION
- Thread starter Mad Mike
- Start date
More stations for Lew to screw up.....Mad Mike said:
Hasn't happened yet, and if the FCC had any sense, they would never allow the sale, what with so many lashing out at the corporate ownership of radio. This would continue the direction of putting what was once a "public trust" in the hands of only a few, and the climate of late has been to push in the opposite direction. I cringe at the thought of The Zone and KDF in the hands of Cumulus.
jetfli said:
Where have you been for the last 13 years? First of all, the only person "lashing out at corporate ownership" is Michael Copps, and he will object. But he will be the only one. If Comcast was allowed to buy NBC, and Sirius was allowed to buy XM, then it stands to reason that Cumulus will be allowed to buy Citadel.
TheBigA said:
Not true, Big A. Go back and read the news stories about the town meetings the FCC held in various places around the country in the past few years, including one in Nashville. Corporate ownership was raked over the coals. But you're right, since they allowed the Comcast buyout of NBC Universal, they'll probably allow anything.
prediction -
92.1 and 106.7 are sold at bargain-basement prices. i106 and country format on 103.3 go bye-bye.
92Q format moves to 97.1 (Q97?)
97.1 format gets tweaked back to more of a classic rock vibe and format moves to 103.3, bringing back the "103 KDF" moniker
as for 104.5, expect at least one of the players to exercise an out in his contract and search for a new home. i won't name names, but it rhymes with snorge klaster.
92.1 and 106.7 are sold at bargain-basement prices. i106 and country format on 103.3 go bye-bye.
92Q format moves to 97.1 (Q97?)
97.1 format gets tweaked back to more of a classic rock vibe and format moves to 103.3, bringing back the "103 KDF" moniker
as for 104.5, expect at least one of the players to exercise an out in his contract and search for a new home. i won't name names, but it rhymes with snorge klaster.
BazookaJoe said:
Don't think Cumulus would care about bringing "103 kdf" back. But they would only want one country format... and don't rule out they might want to stop royalty payments to use the WSM-FM calls if they had their hands on KDF.
Where would snorge go this time? Cromwell? South Central? Would be fewer choices if this becomes a reality.
TheBigA said:
Again, there were definite "lashings" in the town hall meetings and in various parts of the broadcast and recording industries separate from the meetings... all still most likely to to be as ignored as rants on bulletin boards (which definitely carry no weight at all)... unless the FCC gets the notion that they can't let another big one get by so soon after the Comcast buy... but I'm not counting on it.
From today's Tennessean:
http://www.tennessean.com/article/2.../Cumulus-Media-might-acquire-Citadel-stations
At the bottom of the article, it reads:
"Cumulus owns several stations in Nashville including WNFN-FM, 106.7 The Fan..."
Of all the sticks they own in the Music City, The Tennessean decided to mention one of the lowest-rated and least powered among them - and most likely one that would be sent packing in the event of a sale.
http://www.tennessean.com/article/2.../Cumulus-Media-might-acquire-Citadel-stations
At the bottom of the article, it reads:
"Cumulus owns several stations in Nashville including WNFN-FM, 106.7 The Fan..."
Of all the sticks they own in the Music City, The Tennessean decided to mention one of the lowest-rated and least powered among them - and most likely one that would be sent packing in the event of a sale.
DToTheJ said:
Not only did they cite a dead format, they totally missed the significance of the sale for Nashville, which is the only market in which properties will have to be sold in order to comply with the FCC. Of course, the lack of real reporting at the Tennessean is just one more example of what corporate ownership does to local media...
You guys certainly can't be surprised by the fact that The Ragassean had any of their facts wrong? If there should be any town meetings to complain about poor quality media....
I would expect KDF will re-classic-rock and take on 105.9 and RQQ will become the old 92 Q.
Unless WSM-FM goes AC again... hmmmm. Then again.
I would expect KDF will re-classic-rock and take on 105.9 and RQQ will become the old 92 Q.
Unless WSM-FM goes AC again... hmmmm. Then again.
This is yet another bad sign for radio. Cumulus operates on a shoestring budget with the "less is more" theory. All this means is more voicetracking for music stations and syndicated programming for others.
N
NashRadio
Guest
DttJ + Tibbs, It was an AP story, so who knows who wrote it? But I caught it, too.
True it is an AP story, but, in honor of today's world of alleged journalism, aka post journalism...the final paragraph is added in locally and is not found in other newspapers
outside Nashville or Tennessee.
There is no excuse for a Nashville media entity to not know their competition. Especially
after the station flipped formats many months ago, and the story of it's change was carried in the same newspapers Sports section. It's typical. No one is paying attention to detail.
outside Nashville or Tennessee.
There is no excuse for a Nashville media entity to not know their competition. Especially
after the station flipped formats many months ago, and the story of it's change was carried in the same newspapers Sports section. It's typical. No one is paying attention to detail.
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