How'd I end up this late to the party?
I don't know, have you been doing your annual Passover prep? Or maybe watching your 401K evaporate? 🤣 🤣 🤣
Considering you wrote what you wrote at 4:12 AM PDT, I hope you're back East with the family. Otherwise your sleep problems are worse than mine.
Here's the thing,
@Weiserguy (tagging you since it's been a while)---you may care about cume, but as
@DavidEduardo noted, the agencies don't anymore.
If you'd scrolled back a couple more posts, you'd have read this little missive from moi to Señor Eduardo:
David, what you wrote is technically accurate, but I have the luxury to not care about the implications of agency buys when I comment on a station's ratings or share. Cume is an indication of how many gross listeners the station has, and for use in comparisons it has currency. I doubt there are very many agencies looking to make a buy on a station like KSFO anyway, since their audience is the Cranky Old Men demo, well outside the demo agencies are looking to buy.
I appreciate that you folks who've spent your careers in commercial media are finely attuned to what agencies demand, but there is a meta-discussion too, which is that the total number of listeners to a station/network/program/etc. counts for something. For instance, if I own a station and spend a $Million to improve my signal, and all that buys me is a hundred new listeners (I'm picking numbers that are easy to do without a calculator), I've blown $10,000 to gain each new listener. If I gained 10K new listeners, then maybe that $Hundred per might be worth it over time.
Obviously it matters what demos those new listeners fall into for sales purposes, but does anyone think that a $Million to buy a hundred new listeners in even the most prime money demos would ever be recouped in their lifetime? Whether or not agencies are overtly considering share, cume or the blondeness of the sales person, cume must matter if buys are to have any correlation to reality.
If you're Cumulus, you've taken a format that is likely to do better the further south it can be heard, goosed it from something like 16th to 9th in the South Bay and you've increased share (the thing the agencies do buy) in that book by 26%.
And you've done it while essentially maintaining the share the format had in San Francisco.
In the overall SFBA market, how much has the shift from 560 to 810 really benefited Cumulus? In the Feb book, KSFO is #19 with a 1.8. In Jan they were at 1.4, a tie for #22. (I'll ignore the Holiday book and KOIT's annual sugar rush.) In Dec they were at #21 with a 1.6, and in Nov it was also #21 with a 1.7. And looking at the cume from the March book (since I don't have retrospective reports handy), they were #27, pulling about the same cume (139K) as little KUIC (143K) from up around Vacaville. (Not belittling KUIC, just pointing out that they get their 143K listeners with all of 490 watts, besting KSFO on the mighty 810's 50Kw flamethrower.) Does that sound like they're succeeding?
I think I'd better stop now, I'm starting to sound like
@Gregg. again.