This is from Tom Taylor's daily column:
Revenues for WRXP, New York (101.9) were down 60% for the latest fiscal year.
The ratings are up to a 1.9 share in the latest September PPMs, for age 6+ AQH shares. (They'd been as humble as a 0.9.) And the cume has climbed past 1.8 million. Even more hopefully, Emmis tells the SEC that “a station that was a primary competitor recently changed its format and no longer competes directly” with the New York Rock Experience, doing adult alternative. That’s CBS Radio’s new CHR “92.3 Now FM” WXRK, the former K-Rock. By confessing that revenues for the fiscal year that ended in late February were 60.4% lower than the year before, Emmis also gives itself the platform to show nice percentage growth – even if the absolute number of dollars is relatively small. Emmis says its other two New York stations (urban Hot 97/WQHT and urban AC “Kiss” WRKS) “exceeded the performance of the overall New York market” for the fiscal year. They put a tourniquet on the losses in Los Angeles at KMVN (93.9) by LMAing it out to Grupo Radio Centro, and now if they can get WRXP (the former smooth jazz WQCD) contributing, it will really help the company.
Revenues for WRXP, New York (101.9) were down 60% for the latest fiscal year.
The ratings are up to a 1.9 share in the latest September PPMs, for age 6+ AQH shares. (They'd been as humble as a 0.9.) And the cume has climbed past 1.8 million. Even more hopefully, Emmis tells the SEC that “a station that was a primary competitor recently changed its format and no longer competes directly” with the New York Rock Experience, doing adult alternative. That’s CBS Radio’s new CHR “92.3 Now FM” WXRK, the former K-Rock. By confessing that revenues for the fiscal year that ended in late February were 60.4% lower than the year before, Emmis also gives itself the platform to show nice percentage growth – even if the absolute number of dollars is relatively small. Emmis says its other two New York stations (urban Hot 97/WQHT and urban AC “Kiss” WRKS) “exceeded the performance of the overall New York market” for the fiscal year. They put a tourniquet on the losses in Los Angeles at KMVN (93.9) by LMAing it out to Grupo Radio Centro, and now if they can get WRXP (the former smooth jazz WQCD) contributing, it will really help the company.