And that "contemporary rock" you're talking about is not attracting listeners anywhere from the numbers I've been seeing and hearing about.
You must not have looked very hard or far. Seems to be performing quite well for 102.7 WEBN for the time being. In a rust belt market such as Dayton, I'd rather be playing crunchy rock than wimpy indie/alt rock.
There are many areas of the country where it does not perform well, but hard rock formats seem to have better staying power in many midwestern markets.