MikeShannon914 said:
Yeah, I know these are 12+ numbers, but if this were the non-corporate world of radio from decades past, you can bet most of these would have gone bye-bye after 2 or 3 bad books. Most of these have struggled for years, but, as you said, "yet not a thing changes." Sad when we still have gaping holes out there for Smooth Jazz, Modern Classic Rock, 80s, slow AC, Contemporary Black Gospel Music, and nice slices of pie available for another oldies station and another Pop AC.
We havent had a "Gaping hole" in this market in quite some time. it's been YEARS since the days where KVIL, WBAP, KISS(IIRC) and a few others were in the 5's and 6's while everybody else languished in the high 2's and low 3's. Look now at how close most stations are in the ratings...it's a crap shoot from trend to trend as to where you'll actually end up. You could be 5th, you could be 15th...Back then there wer gaping holes, because you could look at the market and say "you know if we could just flank KVIL and draw off X% of their audience, that would be a 3.0 and we'd be making money hand over fist"..Now with this many signals in the market, there's no gaping holes, just niches and small slices...
And if you really think there's a gaping hole for some of those formats, why do you think none of those have been tried or succeeded?
Here's a hint Mike. None of those make money. or have a big enough slice of the pie to make them more attractive then what is currently sucking on some of those frequencies you mentioned.
But okay, let's play. Let's take 80's. I assume you mean a 'Classic Edge" alt-rock type of 80's format...Where do you think that audience is going to come from? Using your numbers, if they take 1/3 of the Bone's audience (.6-7), and 1/3 of Jack's (a .8 let's say) and a little from KDMX and a couple of tenths from what, maybe KVIL or someplace else, you know what they've got? a 2.0. So they lose a bunch of advertising revenue in the change, have to spend a ton of money marketing it, and what do they end up with,
exactly what they've got now? And this would be a good idea because.....why?
And don't get me wrong. I'd LOVE a 80's station. I just don't see it being hugely successful in the current market conditions.
And one more hint Mike- if you REALLY want to see where the gaping holes are in this market, stop looking at 12+ ratings, and sweet talk somebody in sales to show you the Miller-Kaplan numbers.
Because this isn't about what formats you think MIGHT be 'needed' in the market. It's about what formats can make money. Shouldn't need to point this out, but with the exception of Mr Bass, don't we all work in COMMERCIAL radio?
Sure Jack is stuck in 17th place. But something close to 100% of their audience is 25-54, and they're revenue place is much much higher. I know everybody hates "Movin", but I bet they're making more money with a 2.0 then Smooth Jazz did with a 2.5
Sure KLIF is in 30th. But WBAP is (or was, they keep trading with the Ticket) the biggest biller in the market. KLIF probably does pretty well cleaning up WBAP's scraps...Advertisers that don't like WBAP, can't afford the rates, etc...
ratings is what everybody looks at. But revenue is where the decisions are really made...