Jim Boyle said July's 6-7% projected drop in revenues will be radio's 15th straight monthly decline. My guess is this has something to do the demise of Renda’s 1360. Taking on a syndicated programmer will cost Renda almost nothing. In exchange for content, Renda gives up a few ad avails that the network sells.
It's like a trade for content and saves cash flow!
For a company that is struggling, dumping local talent was the only thing left they cold do to stop their bleeding.
If 1360 was a 100,000 watt ratings monster this would be a much different story. But it’s a dog with fleas…
In some markets these little AM radio peanut poppers still do very well. They have strong local heritage talent with a mix of syndicated programs and have strong ties to the local community. WTSN in the Portsmouth, Dover Rochester market is just one example.
It's like a trade for content and saves cash flow!
For a company that is struggling, dumping local talent was the only thing left they cold do to stop their bleeding.
If 1360 was a 100,000 watt ratings monster this would be a much different story. But it’s a dog with fleas…
In some markets these little AM radio peanut poppers still do very well. They have strong local heritage talent with a mix of syndicated programs and have strong ties to the local community. WTSN in the Portsmouth, Dover Rochester market is just one example.