David, maybe this should be a separate thread but it's clear Salem is more interested in advancing its Evangelical Christian political agenda on its AM Talk stations. If they make a little money or break even, great. If they don't, they get propped up by the Religion stations, and in some markets Contemporary Christian FM stations. That's where Salem makes its money. Yes, they have to answer to shareholders, but many of them hold their same philosophy. While the paid religion station rakes in the bucks in a given market, if that Talk station on the other side of the building bashing Obama and the modern world doesn't make much money, who's gonna know?
If you look at the financials you'd see that Salem has quite good margins. They are able to monetize the talkers by a combination of national sales and local direct where ratings are not generally very important. There are lots of local accounts that do want to be in that kind of programming.
Terrible ratings on WNYM NYC, KKLA LA, WIND Chicago, etc. They're not on fulltime Class A 50,000 watt signals but those are not terrible signals either.
KKLA is a Mt Wilson FM... not the best, but definitely not the worst of those up there at 5000 feet AMSL. WIND is an excellent signal given its dial position, although WNYM is definitely deficient.
And even if PPM may have changed the ratings landscape a bit, to say Stern would only be #10 or #11 all those years he dominated morning ratings is a stretch.
Based on the very low cume and the fact that low cume stations with "niche appeal" did not grow much in PPM, and using a range of TSL calculations for comparable programs "before and after" it is very clear Howard would have dropped to around 10th in both NYC and LA.
Yeah, maybe his fans were writing in their diaries that they listened more than they did.
Yeah, about 60% to 70% more on the average. Broader appeal formats made up for part of the loss by showing they had larger cume than previously reported, but TSLs plummeted. A station that had 8 to 9 hours of diary listening showed 2:30 to 3:15 in the PPM (broad averages).
But I'm sure listeners to other stations did the same.
No, they didn't. That's why some formats were killed by PPM and others prospered.
I don't think we can go back and say Diary Ratings cannot be trusted to the point where the #1 morning guy really was the #10 morning host. When People Meters were introduced, some stations dropped a bit, some went up a bit but there wasn't such a dramatic change.
When you look at rating and AQH persons, not share, you see that overall listening levels declined nearly 40% with the PPM. There will always be 100 shares, so comparing share is not relevant for this discussion. Overall listening declined so each share point represented 40% fewer people. The most affected were narrow-appeal shows and formats that did not somewhat compensate with increased cume.
In the case of Stern and shows like that, there was no phantom cume being under-reported in the diary. If you listened to Stern, you knew it and you tended to write down long, uninterrupted listening spans. That does not work in PPM.