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Ed Perry and WMEX

A rumor has been going round for a couple weeks, hopefully it's not true, that the sale may hit a snag because the Renegade guys want to do a morning show on a Perry-owned WMEX.That doesn't sound like what Ed expressed in his hope for the station.

Meaning they think they have a valid contract with previous ownership that Perry is obligated to honor? For how long? Is it ironclad?
 
Could be they're insisting in being part of the deal in buying the station, and that's involved in the agreement? My source said it was a "rumor around for several weeks".So, could be only a rumor..same source had earlier revealed to me "WMEX could go dark if not sold" and "Ed Perry wants to buy WMEX"...
 
A rumor has been going round for a couple weeks, hopefully it's not true, that the sale may hit a snag because the Renegade guys want to do a morning show on a Perry-owned WMEX.That doesn't sound like what Ed expressed in his hope for the station.

This has to be only a baseless rumor. First of all there is enough division in the former owners family that Mr 1% of renegade has no power or influence. Secondly, no sale goes with a provision that any talent (and really the term does not apply to renegade) has to go with a station. If there is a snag, the sop who owned the station had too much wine and had second thoughts about the price and terms.
 
Secondly, no sale goes with a provision that any talent (and really the term does not apply to renegade) has to go with a station.

Tell that to Disney, which has had to run Pat Robertson every evening on its cable channel Freeform, formerly ABC Family Channel, chasing off whatever audience its regular programming was attracting, under the ironclad stipulations of a deal Robertson's CBN made nearly 20 years ago. And that deal was with Fox, which went on to sell Family Channel to Disney, and Disney STILL can't crawl out from under that stipulation! If such a thing can be done in network TV, then you'd think someone would have done it in radio at some point.
 
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That is true, that was more of a corporate deal with an existing contract. The renegade clowns have none and Ed is smart enough to know that their kind of humor, if you can call it that, won’t play well in the Marshfield-Duxbury-Scituate area.
 
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Tell that to Disney, which has had to run Pat Robertson every evening on its cable channel Freeform, formerly ABC Family Channel, chasing off whatever audience its regular programming was attracting, under the ironclad stipulations of a deal Robertson's CBN made nearly 20 years ago. And that deal was with Fox, which went on to sell Family Channel to Disney, and Disney STILL can't crawl out from under that stipulation! If such a thing can be done in network TV, then you'd think someone would have done it in radio at some point.

there was also an "ironclad" stipulation that the channel had to have the name "Family" in it , in perpetuity, and that got tossed out on the last re-branding and so far Pat has not sued for specific performance.

also, Disney and Fox are not employing Pat Robertson as "talent", they are contractually obligated for some length of time to give him or his entity 2 hours of time a day, at specific times. Think of it as a 99 year leased time contract.

As for the old troll of Rock and Roll, he was apparently the only person that though the 1510 license was worth anything, and Ed is not stupid.... crazy yes, stupid ...not a chance.

He did not get the station in the auction, where the minimum bid was 300k, be put an offer for substantially less on the table, and when nobody offered 300K in the auction ( were there any bids at all) the owners of 1510, or the owners that controlled 99% of the stock decided Ed's offer was better than having their entire investment vaporize.

You can bet the farm on this, Ed Perry would not sell those 2 dopes air time, let alone be forced to take them on as employees.
 
I'm hearing WMEX may owe $ to tower site and it went to court.Perry just wants the license at stated price or less. If the sale doesn't happen and nobody else steps in say farewell to 1510 forever by June 30.
 
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