Hot Hits said:How do you lose money when you are a not for profit station? KRLA was a cash cow! Plus we have already done this. KIQQ used Transtar's Format 41 fulltime with local mornings done by Jim Carson back in 1985.LARadioRewind said:Billo Earl says that in 1976 KRLA was losing money and came very close to putting on a Drake-Chenault syndicated oldies format but then decided to bring in Art Laboe, who became program director and put up his own money to save the station. In late 1993 KLAC dropped country music for Westwood One's satellite-fed adult standards format. Was KLAC the first Los Angeles station to use a satellite service full-time? Jim Hilliker will know. (And yes, I'm way off topic. Again.)
Non-profit doesn't mean you don't have fixed expenses you have to meet.
The KRLA cash cow started drying up with Shadoe Stevens' album rock approach in 1972. The AC format that followed from '73-'76 did so poorly the station, even automated, wasn't meeting expenses.
Art Laboe invested money, became GM and hired Bill Pearl and Tom Greenleigh to program. They beat KHJ in the Fall '76 book. Bill and Tom used that to junp to KIQQ, replacing Bill Drake in Spring 1977. At that point, Art Laboe took over programming at KRLA, and eventually handed the GM reins over.
