I mean, I'm happy for him. But really, it's one step up from barter. And that seems like the next logical step. You buy the time and sell spots or endorsements to try to profit.
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Kevin & Sluggo Cut At KLOS
- Thread starter lanceventa
- Start date
I mean, I'm happy for him. But really, it's one step up from barter. And that seems like the next logical step. You buy the time and sell spots or endorsements to try to profit.
He's not buying the time. He's also just a regular host whose show is the same format as everyone else on the station.
But his manager represents him to specific sponsors. These are clients the station doesn't have.
In that way, he's not dependent on the station or their sales staff for his pay.
$90,000 salary.
28.7% income tax base rate: $25,830.
So now you're at $64,170.
And IF you can find a place to live in Los Angeles for triple the rent you pay now, that leaves you $4,170 a year for food, utilities, vehicle costs, and a dozen or so other things.
Oh, and I forgot deductions from your paycheck for insurance, etcetera, and union dues if KLOS is AFTRA.
I didn't see an LA residency requirement. I know people who commute an hour each way to get to work.
Okay, IF he can find a place to live within an hour of the KLOS studios for triple the rent he pays now.
I don't think that bit of pedantry changes a whole lot in this equation.
There was a time when I needed a part time job to augment my radio income.
I'm sure I wasn't the only one.
Were you doing afternoon drive on a heritage full-power FM in market #2?
I was under the impression that most DJs need a full-time job to augment their radio income.
I say "wrong" here. Totally. Radio stations are very good examples of "trickle down" theories of economics. It starts with the General Manager and includes some elements of corporates management, too.
The GM has to provide a good product to sell and employ a very good sales manager to create and motivate a sales staff that can present the product to advertisers.
The quality of the sales staff is totally dependent on the GM and the GSM they hire. Great sellers with bad management do no better in the long run than bad sellers who should not have been hired or kept on the staff.
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Not in LA, though.
And radio revenue market #1?
I don't disagree. Just adapt what I said to include that. The salaries and careers of everyone on staff depend on GM, GSM, and sales.
Radio automation runs just as cheaply in Revenue market #1 as market #200 and is never a member of AFTRA.
The future is almost here. Still a lot of people not grasping this (or wanting to).
MassMusicMan
Banned
Triple my current rent would be $2,550 a month. Perhaps I'm playing the roommate game.
I get a personal exemption on the tax, don't I?
I don't purchase health insurance. I'd imagine that an LA station is union, but the ad doesn't make it clear that it is.
MassMusicMan
Banned
Clarification: If my current rent was tripled, my total spend for the year would be $60,000.
I pay $850 a month in Rutland, VT. $2,550 a month I'd imagine gets me a shoebox in LA, but I can play the roommate game, and pocket some of that.
MassMusicMan
Banned
Yep. Doable with the 90K salary.
Life is easy to live when you don't buy houses or impregnate women.
I’ve got six lines for that and every one of them ends with a stern warning from Lance.
You can make it in Los Angeles if you summon your inner Johnny Fever. Settle for a raggedy plaid wardrobe, live in a dilapidated RV camouflaged on the street outside the station with the other homeless, and bum your dinners off the winos cooking their canned food pantry beans over their trash fires on the sidewalk. Rent: $0/month. In ten years, you'll have enough cash saved to buy a 10 acre spread in Tennessee.
Add in the high, high state income tax, the very expensive gasoline, the high vehicle license fee, higher than national average auto and home insurance, higher cost of food and a number of other "above average" costs and $90 k does not seem like much.
Those of us who bought our first home here over 30 years ago may have traded up or moved to a lower cost area, but we preserved the equity due the exclusion on much of our real estate capital gain. Newcomers are at a real disadvantage.
However, you buy the house if you can as its value appreciates but the taxes and many other costs don't. Rents never go down unless you are in a city with a hugely declining economy, like Detroit.
Like Michael, I will skip commenting on anything relating to pregnancy.
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