F
fred flintstone
Guest
RadioDailyNews.com:
The article refers to Sheldon and Anita Drobny as AAR's "owners." They are often credited as founders and backers. I have not seen an authoritative source report they have a controlling equity interest in Piquant LLC, although that is entirely possible.Reportedly, the Drobnys also started NovaM to purchase or lease stations to carry progressive talk programming, in general, and AAR programming, in particular. They are already operating stations in Phoenix and Little Rock. Previous reports suggested that NovaM would use its own money (although a fund raising drive was held in Phoenix by local host Mike Newcomb to get AAR back on the air). This article suggests the Dobnys are seeking community investors (large and small - as small as $10) following the example of the Green Bay Packers football team, to lease or purchase station.In the "Not at 100 yet" thread, "Barooosk" observed:Air America owners are looking for local investors for a "Green Bay Packer community model" of joint ownership in a Milwaukee radio station. They've been rebuffed by Packers Hall of Famer Willie Davis, owner of talk station WMCS-AM (1290)READ MORE - Milwaukee Biz Journalhttp://www.bizjournals.com/milwaukee/stories/2006/05/22/story5.html?f=et167&hbx=e_vert
Good point. The growth of the progressive talk format has slowed somewhat. Clear Channel - it's biggest station owner - has not been flipping stations to progressive talk in new markets as they were last year. Maybe station owners are in a "wait and see" mode. Maybe they want to see if AAR is in it for the long-haul. (All the more reason for AAR to focus on strong and potentially strong affiliates which can demonstrate a track record of success.)It looks like the Drobnys don't want to wait for the format to grow and develop (IMHO). The Drobnys do know something about making money but they act like don't think progressive talk radio is a money maker. This Packer model also sounds to me somewhat desperate. It's better thought out than the $50 bumper stickers plan but it's still more crusade than business model.I think progressive talk can be a profitable format if programmed and managed well. Maybe not everybody agrees. ???In any case, what remains to be seen is what AAR (and lib radio in general) will they do next. Over the past six months, lib radio has seen virtually no growth and ratings have just grown slightly. Unless something is done to jump start the format, it might just die on the vine.