MarkW said:My point: CBS should've kept KOME intact on 98.5 and sold 105.3's facilities instead (they could've gotten considerably more money for 105.3's facilities than 98.5's, I would think), OR they should have moved KOME's intellectual property to 105.3.
KOME had not achieved 3 share levels for many, many years... under different competitive situations. To compare then with now is ingenuous.
There is essentially no South Bay market, and San Jose is an SF metro embeded market that attracts less total revenue than one top 5 SF station bills. It's a bad place to base your critique of CBS on.
Similarly, you talk of NY yet do not mention that they got it right, finally, with Fresh. And you don't accept that Philly can be turned... they don't have to beat MMR to do it, either.... just develop their own audience independently.
Running clusters turned out to be harder than imagined in 1996... who gets attention and who gets neglected is a critical issue. I learned by a big mistake at my market cluster in the 60's that you have to give independent thought to each station and you can not protect each station against the others you own, or you open holes for competitors. So having a few poor performers in the group is natural for any large group.