KMGX said:
…and you seem to have a very limited understanding of internet broadcasting as evident by the fact that you totally dodged the point that you were incorrect. Your statement was that non-terrestrial relayed net stations are not profitable, but it’s completely false—I can cite dozens that are profitable. Some are “not for profit” of course, others run by 12 year olds that would like a profit but just don’t know the ins-and-outs of the business, etc.
A few exceptions do not make the rule. And some streams that make a fuew hundred dollars a week on some click-throughs is not comparable with the kind of revenue a radio station gets.
[/quote]I’m pretty savvy as to the amount of money possibly generated by FM’s with their internet streams, I appreciate your discounting the perceived lack of knowledge simply because your views don’t jive with mine. WBLI in Long Island gained $500,000 last month on their net stream—although that is apparently an aberration in the Cox Radio family, most of their stations don’t garner quite that much. I never said independently owned net stations could gross as much, just refuting your unfounded claim that net radio is unprofitable. [/quote]
I'm unfamilar with the term "gain" in a financial context. Do you mean gross? Or EBITDA? or net income?
In any case, were WBLI to make a profit of $500,000 a month on the web... in fact if it grossed $500 k, it would be headlining everything from R&R to Inside Radio. WBLI's FM gross is about five and a quarter a month, so you are talking about a station, the first one on the planet, that made more on the web than on its FM station!
Pardon me, but I am a bit skeptical of that one....
“Indecency” does not equal “obscenity”, you may wish to review the supreme courts definition of this before you use these interchangeably. Most of the compatriots I have within the terrestrial radio industry don’t use these interchangeably. Moreover, I am well aware that the FCC regulates more than simply content—I was using that as an example for another pitfall of terrestrial radio. Again, your assumption of my knowledge is just that, an assumption.
The only part of content the FCC regulates is the dirty talk and innuendo part. Nothing else is signficantly regulated... and overall, content is vastly less regulated than the 50's and 60's for example.
And, FYI, inside a staiton, we tend to use one of the words as a "slang" to identify "indecency and obscenity," which is kind of a polysyllabic mouthful. We just say one of the words, and we all know that we are talking about the single area that the FCC exerts control over. Most people, in an environment where they are comfortable with each other, like co-workers, use abbreviations and slang and in-house acronyms. If you don't know this, you must not have a very nice work environment.
I quoted data from the RAB.
And you got it wrong. Which now ocmes as no surprise; you said Clear Channel was bleeding red ink, and yet it has only had one 2in the red" year since 1996... 2001 when we had the dot bomb, a mini-recession and 9/11 and the NASDAQ lost 60% of its value. Bud, everyone had a bad year then. Oh, and you claimed CBS lost money in Q4 of 2005, when CBS did not exist in Q4 of 2005... it was all Viacom until the end of that year when it became two separately traded issues.
RAB data
Radio revenue
1996 $12.4 billion.
2005 $21.45 billion
The only down years for radio in the last 45 years were 1991 (recession) and 2001 (referenced above... recession, dot com crash and 9/11). Otherwise, it has grown every year since RAB has reported, which is 1960.
Nice try, but you obviously picked on purpose 2000 to compare with, knowing that the stock markets crashed twice the next year and the overall economy went into shock. Or maybe you did not know. In fact, in 2001, every medium was off, including cable, TV, internet, radio, magazines, newspapers, etc. When the media as a whole is off, singling out radio alone is a bit ingenuous. [/quote]
and quite honestly end up shaking their heads at ALL the local programming, radio and TV.
Snip, snip snip. Why do you answer two different posts from two different people in one single new posting? Hell, that is confusing, man.
My advice: short XMSR and cover at 12.
