Water over the dam and then under the bridge, really.
Word was it that when Steinbrenner was active, his baseball braintrust at one point consisted of eleven people. Ten of them each possessed a single vote. Steinbrenner's counted for eleven votes.
Emmis pocketed some swell mad-money from the deal plus still owns a good chunk for if and when 101.9 becomes the last word in radio journalism.
And their own name and rep are not the ones sporting flak vests now, either. In the last quarter-century of denial and accountability phobias, it is sort of interesting to see two marquee radio veterans put their own reputations and money where their mouths have been for so long.
'101.9' might someday make a good Broadway musical. But for the present, though ......that initial risk in 2011 ....... that industry buzz ..... that undenaible responsibility for the outcome, definitely counts for valor points in an otherwise gutless industry. If I had a mint but archaic VW minibus I was trying to sell in my driveway and someone gave me money for half of it plus good revenue when they rented it out as a soccer van, I'd jump.
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How did WRXB do in billing, by the way, vis-a-vis the other stations in NYC? Any net increase there should assuage most of Emmis' sorrow over having just visitor's rights now.