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Kiid 1470

bradgoehl

bradgoehl

Anyone have insight on the fate of 1470? Most of the big groups in town are still under the limit on AM, Or maybe one of the smaller Spanish broadcaster's or an independent?
 
bradgoehl said:
Anyone have insight on the fate of 1470? Most of the big groups in town are still under the limit on AM, Or maybe one of the smaller Spanish broadcaster's or an independent?
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Does anyone really want it?

I got an idea. Turn back on the HD and start an oldies station.

Yeah, right? I know, don't throw stones, I was only kidding.
 
If your going for that 60+ crowd and with music that was recorded in mono anyway. It could work, music on AM even without HD sounds decent if processed properly.
 
From the online records it looks like park land, but you actually have to go down to the county records office or call to get official ownership info.
 
bradgoehl said:
If your going for that 60+ crowd and with music that was recorded in mono anyway. It could work, music on AM even without HD sounds decent if processed properly.
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Is that really true? :) My wife and I are in our late 30's and we LOVE oldies. Are you the exception?
 
stewie said:
Is that really true? :) My wife and I are in our late 30's and we LOVE oldies. Are you the exception?
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It's likely that the people who research this will say you and your wife are the exception. But then again, I'm an exception. I'm in that "older" demographic but I generally appreciate new music. I'll listen to anything once, and more often than not I like it. I suspect a great many people on this message board have opinions that don't match what the researchers say. We're radio nerds. But there aren't enough of us to please the advertisers.

I was at the "Experience Hendrix" show in Davis last night. One would think it should attract an older crowd. They were there, but so were lots of young people. That audience was probably skewed since students of the college get discounted tickets, but those people are music nerds - just like we're radio nerds. People who explore different genres of music the way we explore radio. Again, not enough numbers to constitute a mass market.

The operating costs of an AM station - with the necessary infrastructure for that low frequency - are very high compared to an FM. Cost-cutting in the facilities (compromised ground, etc) just doesn't work very well. So it becomes a real challenge for the AM operator. You have this thing that costs a lot to maintain but you're typically relegated to a niche format with not a lot of listeners. A difficult scenario at best.

Dave B.
 
DaveBayArea said:
It's likely that the people who research this will say you and your wife are the exception. But then again, I'm an exception. I'm in that "older" demographic but I generally appreciate new music. I'll listen to anything once, and more often than not I like it. I suspect a great many people on this message board have opinions that don't match what the researchers say. We're radio nerds. But there aren't enough of us to please the advertisers.

I was at the "Experience Hendrix" show in Davis last night. One would think it should attract an older crowd. They were there, but so were lots of young people. That audience was probably skewed since students of the college get discounted tickets, but those people are music nerds - just like we're radio nerds. People who explore different genres of music the way we explore radio. Again, not enough numbers to constitute a mass market.

The operating costs of an AM station - with the necessary infrastructure for that low frequency - are very high compared to an FM. Cost-cutting in the facilities (compromised ground, etc) just doesn't work very well. So it becomes a real challenge for the AM operator. You have this thing that costs a lot to maintain but you're typically relegated to a niche format with not a lot of listeners. A difficult scenario at best.

Dave B.
Click to expand...

I agree with your synopsis.

My wife isn't a radio nerd, regardless, we're not the norm.
 
stewie said:
Is that really true? :) My wife and I are in our late 30's and we LOVE oldies. Are you the exception?
Click to expand...

Here's the thing: With any format that skews older, there will be younger people who enjoy it. But not enough of them all at once to move the needle in the younger demographics. 65+, on the other hand, will jump on it like it's gold. So you still end up with a 65+ format.
 
Does anyone know how to look up the past sale prices of 1470 going back to 1979 when it was sold to Brown Broadcasting? It seems that there were 3 or 4 owners after that before it was bought by Disney. I'm told that the current asking price is $1.5 million. Which is an unrealistic amount IMO for an AM facility that owns no real estate and has a huge null that loses all of the Eastern suburbs at night.
 
To find that info you would need to go back an look at the exhibits from the transfer of license forms, but unfortunately most of the older apps do not have the information scanned and on the FCC site. So you/your representative, would have to go to DC or request the info on paper. Probably more trouble than its worth.
I'm with you on the asking price if its 1.5mill. But given that a 92.1fm sold for 2.25mil they may not be that far off.
 
bradgoehl said:
I'm with you on the asking price if its 1.5mill. But given that a 92.1fm sold for 2.25mil they may not be that far off.
Click to expand...

But 92.1 is FM. This is an AM with a high dial position. Given that 840 in Modesto just sold for $50,000 I'd say they're dreaming. Yes, the SAC market is 4 times the size of Modesto, and the sale probably includes the transmitter and towers, along with a transfer of the lease. But still...

Dave B.
 
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