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Heidi May & Randy Lundquist out at KJR-FM/Oldies 95.7

Abner Jenkins said:
And once again a thread on the Seattle board decomposes into another "dreamers vs. realists" battle.

Yes, it's sad to see people lose their jobs. Got a better way? Put your money where your mouth is. Don't you think the esteemed Mr. Wolfenbarger (and other operators FTM) would LOVE to have live talent around the clock?
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I am an owner/operator of small market radio stations and I have more full time employees on-air than they do because I did not overpay for my radio stations and I feel that live and local jocks are better for the radio industry and my personal industry (my business).
 
"I'm sure there are plenty of employees displeased with Costco, just as I've heard many that give high praise and are happy to work at Clear Channel."

I have from a good source that the firing of KT Mills on Long Island has shell-shocked that station and that they may lose some important account executives over it because they feel it's not worth it working for a company if 20 plus years of solid results mean nothing in terms of returned loyalty.

A firing like this destroys corporate morale. Don't thus wonder why you are having trouble hiring good sales people. They see what you did to a loyal and by all accounts producing employee. Think of the bigger picture not just the short term savings. Think of how to make money not save money.
 
WKomm said:
Some facts as I see them:

GooRoo comes off as the broadcast equivalent of Willie Lohman. No doubt a middle-level functionary who deems himself a mover because his Men's Wearhouse suit was just dry cleaned, More to the point:
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Yet again, you brazenly make it a point to claim you know the facts when clearly you don't. The fact is, I don't own any suits from the Men's Warehouse.

I recognize that the Clear Channel basher-parrot crowd, which apparently you are a card carrying member, have no doubt never been in a position of upper management. Because of your lack of knowledge or upper-management experience, you instead choose to point at a symbolic voiceless entity and proclaim it as evil in the interest of covering up the fact that you don't actually understand how the broadcast business actually works. I suspect there are others reading this thread who also recognize your comments for what they are.

Singling out the large radio group as being the root of why you can't hold a job in radio is just another a small microcosm similar to those who proclaim that all big banks are evil because they insist you pay your mortgage, or automakers because they won't repair your car for free after you haven't seen fit to maintain it.
 
Am I correct in reading that Bob River's first monthly is down 1.6 shares 12+, its lowest since last fall? Wish I could see the meaningful demos, anyone have inside scoop?
 
That's pretty funny. They hire Bob Rivers and the ratings go down 1.6 points, or 25% (6.3-4.7=1.6 divided by 6.3=.25).

Nice work. :mad:
 
Rivers was actually up a tick, but it killed the rest of the station. None of his audience stayed around for the rest of the day and the station dove. Can't help wonder if KJR-FM should have stayed Classic Hits or leaned Classic Rock to better fit Rivers.
 
"none of his audience stayed around for the rest of the day" ya think?? several times ive woke up listening several hours past the bob rivers show(ya, i work all night), and into the normal KJR format. sorry, but no thanks CC, off it goes.

i predict KJR switching to classic rock hits, in an effort to fit into the past bob rivers demographic later this year. and no, it wont work for the rest of day listening gains. one lame CC format into another? your (CC)Cookie Cutter playlists are yawners!

if KVI/fisher was smart, they'd hire heidi to run afternoons, and let heidi be heidi, and open up the "on air" personality factor w/calls, if/when/as they work. oh, and format some decent oldies music too...lord knows there is 3 or 4 decades of masterpiece hits to sample with. geez its not that hard is it people????

heidi live and local on KVI AM afternoons with good music, or hours old voice tracks on CC/KJR FM? i think KVI would work. especially if they educate the listeners about the "old" voice track facts about their competition.
 
>> Singling out the large radio group as being the root of why you can't hold a job in radio is just another a small microcosm similar to those who proclaim that all big banks are evil because they insist you pay your mortgage, or automakers because they won't repair your car for free after you haven't seen fit to maintain it.<<

Easy to see where the GooRoo tag comes from. A rube would look at this jumble and with a big ol' "Gawrsh!" be very impressed. Anyone want to try and sort this out? " ... a small microcosm ... " As opposed to a large microcosm, right? And I've yet to see anyone say all big banks are evil - they usually include the medium-sized and small ones as well. And who blames a mortgage holder for a mortgage? I'd like to see evidence of this. The automaker thing makes ZERO sense and goes into the minus numbers if it's somehow an analogy for disliking CC.

I dislike CC as an entity. As individuals, there are some fine folks w CC. I've worked CC stations and supplied shows to CC affiliates. What I don't like is the wholesale canning of employees simply to be MORE profitable - as opposed to "make a profit". Not to mention a company who is completely over-leveraged when buying a station or a chain and because of that stupidity, it costs jobs. Those folks have a right to be agitated.

I don't have a lack of knowledge of upper-level management (as GooRoo sniffs haughtily, adjusting his ascot) ... I have a lack of INTEREST. If I wanted to be in management, I would have taken business classes rather than communication. Maybe it was wrong to assume that as much as we live in different worlds, management was on the side of talent and we were all out for what was best for the station.

Not one single person in radio longer than a weather break is surprised by firings. It has happened, is happening and will happening. What people with an ounce of compassion dislike is blindly using a bottom line to slice to the marrow. Greed vs profit always results in the working stiff getting hosed.

GooRoo, of course, remains high above the fray, ensconced behind a closed door, a "voiceless entity" who loves to post on places like this to preen and strut his "upper management" feathers, surprised that so few of us seem to understand that greed is good. If we change just a few letters, we'll find the truth in "up-yers management" - which is precisely what CC and the suck-ups like a certain board poster enjoy.

Excuse me, GooRoo - an important message coming in on my sat phone. The pilot of my G12 is wanting to know ... do you want to have lunch today and we'll discuss more employee cuts? And I think we can do without those pesky trash cans if every employee (well, the ones who remain) each take home a pocket of garbage each night.

Toodles!
 
Once again folks, other than a large word count and mocking remarks from Wkomm, nothing brought to the party..

On a somewhat related note: Clear Channel Q1 performance from broadcast bond analysts Cheen/Herbert is out (paraphrased for size) and I included some other Seattle-market group owners:

CC Media Holdings reported earnings better than expectations, with revenue of $1.32 billion, up 4.5% YoY, and EBITDA of $314.0 million, up 20% versus the prior year. Estimated $1.31 billion in revenue and $281 million in EBITDA. Clear Channel’s radio business improved 2.8% on the top line (boosted by local and digital, which more than offset a slight decline in national), while radio EBITDA grew an impressive 15% YoY.

Looks like their work is paying off!

Salem Communications Corporation reported Q1 total revenue of $51.8 million, up 7.2% YoY from $48.3 million, while adjusted EBITDA decreased 4.0% to $11.5 million from $12.0 million, a year earlier. For Q1, net broadcast revenue was $42.7 million (+3.2% YoY), station operating income was $14.9 million (-3.1%) and same-station net broadcast revenue was $41.8 million (+3.7%).

Not bad for primarily syndicated and block programming!

Entercom Communications Corp. reported Q1 net revenue of $82.5 million, up 2% YoY, while adjusted EBITDA declined 13% YoY to $15.1 million. Station operating expense for FY 2011 is expected to be up in the mid-single-digit range, reflecting continued investment in emerging digital initiatives, the reformatting of several stations, a restoration of the employee 401(k) match, as well as certain contractual increases.
 
Suggesting that radio is doing well by comparing it to one year ago, is like suggesting the Mariners are on fire by comparing them to the 100-loss season.

Instead of selectively looking at how radio companies are doing compared to one year ago, why not look at a 5-year trend.

5 years ago Salem stock was at $15; now $2.50.

Entercom was over $30, now under $10. (Sure it's better than the $2.00 price of 18 months ago.)

5 years ago stock for Cumulus was at $12.00; now about $4.

Fisher was over $50; now under $30.

And let's not forget, Citadel declared bankruptcy, thousands of employees were fired, all stockholders lost every cent they invested and the CEO received a new contract with a raise and a bonus.

Ahh, but the beancounters march out their spreadsheets saying performance is "up from a year ago" (because the management team slashed staff and salaries) and so the CEO's get raises.

The last new, innovative development in radio was Rush Limbaugh 20 years ago.

Meanwhile the 20-somethings of the world are busy with their smartphones and IPads and don't know what radio is.
 
Thread decomposition complete. Mods, lock 'er up...unless you don't mind more poo-flinging...
 
Abner Jenkins said:
Thread decomposition complete. Mods, lock 'er up...unless you don't mind more poo-flinging...
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Agree this thread has gone full circle. No need to lock it up, as someone soon will bring up Ricker's name or something about country music, this thread will fade away.
 
I think Ricker would be great on the Wolf.


"Green Country- Rocky Mountain High"

Thread complete.
 
equaliner - well said.

And as long as suggestion this thread is over are being offered ...

Perhaps GooRoo would be better suited to a board like Fortune500.com or aynrandrules.org. This is a radio board. I imagine I speak for many by saying no one is too interested in financial spreadsheets. Not to mention that just like ratings, financial numbers can be finessed to back most any point wanting to be made.

In case you folks haven't figured it out - and most of you have = GooRoo is the kind of charmer right at home at a high dollar dinner as he discusses eliminating your job and the jobs of all your friends. Then again, the net being what it is, he may well be a board-op somewhere with delusions of grandeur.

Have a nice weekend.
 
The suggestion about KVI hiring Heidi is interesting. If they took off the no-talk restrictions (like they had at KJR) would she stretch out a bit and have fun. With the ratings it may be a tough sell to Fisher management to bust loose more money for salaries.
 
WKomm said:
This is a radio board. I imagine I speak for many by saying no one is too interested in financial spreadsheets. Not to mention that just like ratings, financial numbers can be finessed to back most any point wanting to be made.

In case you folks haven't figured it out - and most of you have = GooRoo is the kind of charmer right at home at a high dollar dinner as he discusses eliminating your job and the jobs of all your friends. Then again, the net being what it is, he may well be a board-op somewhere with delusions of grandeur.

Have a nice weekend.
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at least we know where goorus coming from. unlike all the silent, but deadly ones, we dont see posts from. ya, maybe he's a board op, and isn't livin "up town". ya sure, maybe he drives an old VW, not a new BMW. it still beats my minimum wage job at mcdonalds, and my old beat up tiyoter with bald tires.
 
While I was mentioning that KVI might benefit if they'd hire Heidi May I neglected to rememberthat Randy Lundquist is a former Fisher employee and he could also slip right into what KVI is doing.
 
Nothing against Heidi and Randy but how many more market veterans do you think KVI can afford to bring on with their current ratings?
 
mightymoose said:
While I was mentioning that KVI might benefit if they'd hire Heidi May I neglected to rememberthat Randy Lundquist is a former Fisher employee and he could also slip right into what KVI is doing.
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Huh?
 
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