Been cleaning my house this Sunday evening and had 'Alexa' play different Top 40 stations for a change. And I never thought I would say this but Club Kane isn't a bad sounding show. I don't see why Power 96.1 doesn't run it here. Sunday nights on Power is just run of the mill same song after are same song. Not even a big fan of Kane's voice (have to say) but the mini mixshows and the live call ins are least something a little different from the norm. Kind of reminds me of the old Open House Party. Don't see why Power can't try out Club Kane here. Oh well.... Atlanta is a strange market. Thoughts?
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iHeartAtlanta rant.... (small one)
- Thread starter deejaywestbrook
- Start date
Didn't Kane used to do Open House Party on Sunday nights years ago? Speaking of iheart, I stumbled across 94.9 hd2. It's running an Adult hits format called the Lake. I know Charlotte and Chattanooga (now owned by entercom) have this station too. It sounds great in my opinion. It should move to 105.3 if things don't work out. 94.1 hd2 sounds good too but I think this ones better.
Until (if) Davis can seriously challenge 105.3 revenue wise, 105.3 will get the majority of Hispanic buys due it’s coverage. It is kind of like a dividend check. The money comes in with very little effort. 105.3 recently changed a few things I guess to protect this revenue stream. 105.7 is sort of the same way the only (safe) Alternative station for out of town media buyers. That being said, the old CC Atlanta cluster management has flipped every signal they have in Atlanta. With iHeart’s Bankruptcy, I doubt anyone would “giveaway” guaranteed revenue. But after Bankruptcy is over would these stations be considered “underperformers” and be subjected to a sale like Cumulus did with 106.7? Would IHeart sell 105.3 or 105.7 to Salem? The Fish needs a better signal in the western end of the market. Is there another “nonprofit” or educational organization that has the cash to buy signals?
I think the potential buyers are becoming fewer and fewer.
You are probably correct. I wonder what will become the trust stations iHeart and Cumulus had.
IMHO: there should have been a total number of stations limit at 100 or 200 stations for any broadcaster. If you can't make money with a hundred stations you have no business in the radio. What has happened iHeart and Cumulus are "too big to fail" like some banks have become. There is no one around that can pick up the assets during a liquidation or buy them out after they failed. If CC and Cumulus and others been stopped at a couple of hundred stations: the consolidation, with it's debt and jacked up prices that damaged to the industry would have been limited. There would be some established, or new and hopefully innovative players to enter the business now.
IMHO: there should have been a total number of stations limit at 100 or 200 stations for any broadcaster. If you can't make money with a hundred stations you have no business in the radio. What has happened iHeart and Cumulus are "too big to fail" like some banks have become. There is no one around that can pick up the assets during a liquidation or buy them out after they failed. If CC and Cumulus and others been stopped at a couple of hundred stations: the consolidation, with it's debt and jacked up prices that damaged to the industry would have been limited. There would be some established, or new and hopefully innovative players to enter the business now.
But I was promised new owners who would hire all the old DJs back!
Here's an indication of what the future will be:
https://radioinsight.com/headlines/...oha-station-trust-to-emf-for-six-translators/
They make lots of money. Hundreds of millions of dollars. It's just not enough to pay off the debt.
Sounds like wishful thinking that doesn't take into account external factors. Lots of companies stopped at a couple hundred stations voluntarily. Companies like ABC and CBS chose not to over-expand. Where are they now? Why did they sell?
Yes, some "new and innovative players" entered the business with hundreds of millions of dollars, and revolutionary ways to run radio stations. One of them is called EMF.
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How much does 105.7 actually bill? Alt's not the juggernaut it was in the 90s. And Rock 100.5 has been adding more active rock to their playlist, which does give them some competition in the "new rock" market.
Getting back on topic (sorry), typically what happens is a station gets into a routine on Sunday night, and carrying a great hosted show, like this one, would mean carrying a certain amount of barter spots. Even though it's inside the same company, and its moving money from one pocket to another, it costs "money." And it might require someone to do some scheduling that they don't normally do.
And just like WSB-FM-HD-2, neither of those HD stations stream online.
They might have had a lot of sales but they didn’t make money. Financial Wealth is created when there is enough cash generated to pay All of the expenses including debt.
ABC’s radio stations were a “distraction” for The Mouse. Disney’s business is movies, TV / cable networks and theme parks. BTW I believe they did keep a couple of radio stations for ESPN radio. They basically sold the radio stations that were not large clusters in their markets (big disadvantage) at top dollar tax free to Citadel. Citadel could not execute because they: paid too much, thought they could cut staff to make a profit, thought they were better programmers / operators than ABC, got caught in an economic downturn, or combination of factors.
CBS is all about TV and networks. The radio stations were in strong clusters and generating positive cash, but were a distraction to some Wall Street folks. There are a lot of traders in the financial markets that like “pure play” businesses that have some volatility so the options players can gamble.*
IMHO: CBS, Disney, and any one that sold out to Entercom, Citadel, CC, or Cumulus walked away from radio with cash or stock that could (should) have been sold for cash. Cash allows you to move on to other opportunities.
If you are not a "radio" company, why stay in a business that is going thru "changes" when you can cash out.
* IMHO The largest Casino in the world is the stock market.
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Exactly, so Cox, Journal, Lincoln Financial, and other successful owners are cashing out.
And in their place, EMF is a "new and innovative" company that is changing the way radio is done. They are doing what iHeart didn't do, which is fire all the local staff, and run a national system from one place.
Very Christian of EMF to do that!
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