the golden boy said:Sports, even on FM, is not a highly-rated format. Even though they may be performing lower than it was under 93X (which I wish were still around), I'm willing to bet they're making more money, especially when you take into consideration that mostly-satellited programming means less overhead.
Were you speaking about Memphis or just in general? Birmingham's WJOX-FM is in fourth place in the 12+ numbers, with a 5.8 this quarter. WNML in Knoxville manages a 3.3. KTXX Austin pulled a 4.5 in the summer. WGFX Nashville did 4.9.
Of course I cherry-picked some of these. It appears they are all big college sports (football) towns, so maybe they are all anomalies? Memphis doesn't seem nearly as rabid in that respect as some of these other places.