Jodesha sells KLSY to Centro Familiar Cristiano for $6.75 million

[Mike Brewer]

And now you know why Boss Bill chose the format he did...

Tom Taylor's NOW Newsletter says Mr. Wolfenbarger's holding the paper at 6% interest over a nearly 14 year long term. IOW, a nice retirement fund.

 

[crainbebo]

And 93.7, the waste of a channel as it is, is going to be even more of a waste of a channel...I'm sure there's probably 11 people that listen to this station if at all. And a couple of them are DXers tuning around rimshot semi locals!

-crainbebo

 

[davideduardo]

And 93.7, the waste of a channel as it is, is going to be even more of a waste of a channel...I'm sure there's probably 11 people that listen to this station if at all.

The buyer already has a very successful web of AMs and translators, and they appear to be listener supported. That means that there are listeners and the listeners are so appreciative of the programming that they support it with donations.

Check http://laestaciondelafamilia.org/ as it appears to be competently and professionally run with a logical and interesting format for Spanish speaking Christians.

Or, are you saying that out of 85 stations home to the Seattle market, Hispanics who are Christians should not have at least one that programs to their religious beliefs? I think you owe that community an apology.

 

[placebo1969]

There are 85 stations in the Seattle market?

 

[iamarussianpirate]

Or, are you saying that out of 85 stations home to the Seattle market, Hispanics who are Christians should not have at least one that programs to their religious beliefs? I think you owe that community an apology.

yeah crainebo, you owe the entire hispanic christian community a very grande lo siento.

 

[davideduardo]

There are 85 stations in the Seattle market?

There are a total of 85 AM's, FMs and non-coms licensed to the Seattle Metropolitan Survey Area. If you include translators, CPs and LPFMs, there are 113.

The market is defined as Island, King, Kitsap, Pierce, Snohomish and Thurston counties.

 

[crainbebo]

Apology accepted. Now I still wish 93.7 was either Soft AC, Smooth Jazz, AAA or 50s/60s Oldies, but obviously the $$$ is what counts !

-crainbebo

 

[fordranger797]

Or, are you saying that out of 85 stations home to the Seattle market, Hispanics who are Christians should not have at least one that programs to their religious beliefs? I think you owe that community an apology.

I really don't understand why someone cannot have an opinion on what they think about the format. With bandwidth tight in the Seattle market these days and a bunch of other trash spread across the dial, I think just about everyone on this board was hoping for at least something that would be a nice change.

I think this move would be fine if KMIA in Auburn moved to the 93.7 frequency. I just don't really see the goal in the current religious format though. KMIA could make great use of reception across the Puget Sound area.

As for the Jodesha sale. I think it would have been a better decision to try to build up some sort of unique niche format, and then sell the station for even more money. It certainly sold for a pretty penny, but I think it could have been worth a lot more if it had a following and charted on the rating chart.

 

[Lightingnut]

And now you know why Boss Bill chose the format he did...

Tom Taylor's NOW Newsletter says Mr. Wolfenbarger's holding the paper at 6% interest over a nearly 14 year long term. IOW, a nice retirement fund.

Lovely...

 

[davideduardo]

I really don't understand why someone cannot have an opinion on what they think about the format.

However, saying that the Spanish language Christian format is a "waste" of the channel is demeaning to the people who will listen as well as snarky.

With bandwidth tight in the Seattle market these days and a bunch of other trash spread across the dial, I think just about everyone on this board was hoping for at least something that would be a nice change.

One person's trash is another's treasure. That applies to radio as well as yard sales.

I just don't really see the goal in the current religious format though.

Perhaps you don't find the format appealing, but the buyer has made a nice little group of AMs elsewhere in the region. Their goal, as stated on their website, is to spread the word as they believe "the word" to be.

KMIA could make great use of reception across the Puget Sound area.

And that would likely be why the ministry bought it.

As for the Jodesha sale. I think it would have been a better decision to try to build up some sort of unique niche format, and then sell the station for even more money.

Doubtful. It's still a rimshot, and I think the price was excellent by today's metrics.

It certainly sold for a pretty penny, but I think it could have been worth a lot more if it had a following and charted on the rating chart.

Ratings are not much of a help unless you are in the top 10 stations in some demo that advertisers want. A rimshot is going to have a hard time getting that high up. I think "bossbill" did a great job improving the facility and getting a good reward for it... he's a good local broadcaster who deserves to do well for himself, personally. Kudos to him.

 

[AQH]

However, saying that the Spanish language Christian format is a "waste" of the channel is demeaning to the people who will listen as well as snarky.

There have been way more snarky things said around these parts. And I would say even far more stupid things too. That's why there are trolls with several logins here.

 

[Lightingnut]

David, you shouldn't act like your taking the high road...I've seen YOUR snarky remarks on many of these boards.

 

[davideduardo]

David, you shouldn't act like your taking the high road...I've seen YOUR snarky remarks on many of these boards.

There are many moments when the realities of business, radio and audiences are ignored by some despite repeated explanation, verification and validation. In these cases, a snark bite is appropriate.

In this case, both the faith and the radio choices of a group of people was being demeaned just because the poster did not find the format appealing.

 

[crainbebo]

See the closed "the new KRTH" thread! The thread title says it all.

-crainbebo

 

[fordranger797]

One person's trash is another's treasure. That applies to radio as well as yard sales.

Except the topic discussed most frequently on this board is the notion that the Seattle radio dial abysmal. The only people who benefit are the teenagers out there who want as many CHR's and country signals as possible.

 

[fordranger797]

Ratings are not much of a help unless you are in the top 10 stations in some demo that advertisers want. A rimshot is going to have a hard time getting that high up.

Another comment I want to make; how do you know that 93.7 would be an impossible frequency for a top rated radio station? Its not full market, but if it had was programmed correctly with something exciting that isn't already being done in Seattle, I could see how it could be a major hit. It hits enough of the metro area to compete with the other stations in town. For example, if it presented a different take on CHR, I can potentially see how it would be popular and would even have a following in regions where it may not even have a city grade signal. If it had a unique quality that caught on, it'd be worth more in price.

Right now in Boston, MA a new country station on a weak rimshot frequency is attemping to give the main country music station a proverbial "run for their money" (rimshot from Boston metro into the suburbs). Granted, I don't know if the station has adopted the country music format or not at this current date; however, IF this station intends to have a new take on the conventional country music format, I predict this station causing a massive disturbance on the rating board.

Bottom line, I don't think "rimshot" should automatically be considered out of the realm of possibility for a major listener-base.

 

[crainbebo]

Now a regular countrypolitan station on a 2KW rimshot vs. one with 50KW that has been going for years will not do so good. But having a rimshot with a really good Soft AC format (late 60s/70s/80s/90s/early 00s) or Adult Album Alternative might do OK. Advertisers might like it and so would tens of thousands of possible listeners.
Cue David saying "it's a niche format and will be 19th in the PPM!!!"...

-crainbebo

 

[fordranger797]

Cue David saying "it's a niche format and will be 19th in the PPM!!!"...

-crainbebo

David must not listen to any niche formats for listening pleasure. As I have previous mentioned, niche does not mean failure. It actually means you garner a loyal listener base that doesn't fluctuate radically.

 

[boombox4]

I have heard one or two of the La Estacion De La Familia stations, KVAN 1560 when it comes in at night. I think they play some music as well as Spanish preaching. A bit similar to KNTS 1680.

 

[AQH]

David must not listen to any niche formats for listening pleasure. As I have previous mentioned, niche does not mean failure. It actually means you garner a loyal listener base that doesn't fluctuate radically.

The issue is the definition in this tiny section of the internet when it comes to "niche." For example, Hot 103.7 is a niche format but since they play at least one song in common with another station within 200 miles of the studio, here they are not deemed as niche.