Fantastic. There are lots of AM stations available right now. They can partner with Americano Media and program a bunch of AM stations with Spanish conservative talk that no one will listen to because you say Hispanics don't listen to AM. Great idea. No wonder Salem stock is selling for 60 cents.
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KZFO KFLC Now Run By LMN
- Thread starter TheBigA
- Start date
Fantastic. There are lots of AM stations available right now. They can partner with Americano Media and program a bunch of AM stations with Spanish conservative talk that no one will listen to because you say Hispanics don't listen to AM. Great idea. No wonder Salem stock is selling for 60 cents.
Salem is able to make money with minimal ratings based on appealing to advertisers and paid programs that support their focus.
Americano Media was a bunch of Cubans who had no idea that most Hispanics in the US could not even understand much of the vocabulary and accent of Cuban Spanish.
Salem and its associates have developed successful Spanish talk and religion stations in a bunch of markets. The plan there was to expand that operation to get better scale.
That type of station does not sell ratings. Salem does not buy ratings in most places. Yet Salem's stations make money.
Oh, and nobody said Salem was going to do conservative Spanish language talk. That was the fear of the Soros group, and it had no basis. Salem was, in fact, looking to do mixed paid block programming, mostly religious, in Spanish just like the stations they already have in that sector.
Great. As I said, lots of AM stations available. If it's such a great idea, they should be buying. There's no competition. It's a buyers market.
But nowhere could they get a “set” of stations in nearly all of the major Spanish dominant Hispanic markets… NYC, Miami, Chicago, Houston, Dallas, San Antonio, LRGV, LA, Las Vegas and Fresno all together with standardized transmitters, automation, etc.
One lawyer fee. One due diligence. Single deal to cancel contracts, staff and other deals. Same accounting practices everywhere. One seller FCC counsel to deal with. And lots more economies. And better facilities than most anything else available in those markets.
The only significant markets not included are Phoenix, San Diego and San Francisco.
So according to you, all they have to do is wait until after the election, and they can buy the group at an even lower price.
As you said, it’s been two years have gone by and it will will be over three In early 2025. I suspect the amateurs at LMN will have diminished both the value and viability of the stations.
announcement coming soon but a good old co-worker of yours David
"Good" and "co-worker" don't always go together.
Houston’s KLAT, which supposedly is now under direct LMN control, is still running TUDN, as is Univision’s KQBU. Separately owned stations with the same programming? Something’s gotta give…🤔😖
Pronto in Houston, Latino Media Net- Oops! It's gone already.
But at least Salem would try and connect an FM translator to the AM stations.
All the LMN ´purchased stations are now under their control except WADO. But they have a one-year deal with Televisa to continue to run the stations until LMN has their entire staff on board.
No, it is not. They are working to build infrastructure while running Televisa programming under the sale contract.
Years ago Univision did an extensive study in all markets about adding translators to the AMs and found that none were available that did good HDHA coverage.
Starting back in the 1920's, this concept was called a "network". Same thing today. LMN is buying programming from TelevisaUnivision while they build their structure.
When exactly does that one year deal end? Closing of the LMN purchases was this past January, IIRC.
But networks generally don’t have two separately owned stations in the same market running identical programming, exclusivity being my point. But I assume that will change in January 2024 with KLAT flipping to something else…unless Univision has a surprise in store for KQBU.🤔
The only reason the LMN Houston situation isn’t totally weird is that we are following the even more bizarre Urban One/SBS soap opera.🤪
NPR doesn't grant program exclusivity.
One year is generally 52 weeks. And deals can be extended.
Since LMN, except for a good engineer, has not hired anyone talented and skilled in radio, we can't even guess what they think they should be doing. Instead, their new non-radio CEO spent last week with the group that gathered in DC to discuss automaker removal of AM radios from cars. This is like the kid with a go-cart attending a pre-race meeting at Talledega, Indianapolis or Daytona Beach!
Actually, since the LMN deal affects 10 markets, I'd say that it is a much bigger deal!
Yikes, has COVID made you more snarky?😷😵💫😂😂🤣🤣😇
Well, yes, nationally. But just for Houston the SBS situation surpasses whatever is going on with LMN and KLAT.🤔😑😮
I know, I'm just saying that they'll be gone before you know it, and they won't be missed.
Well, if I were Univision (just using this as an example), I'd move WADO to 92.7 FM. Going Spanish AC was a huge mistake, if a signal like WPAT can't be successful with a format like that, what makes them think that using Regional Mexican programming on their AC station will help it? (Referring to El Bueno, La Mala y El Feo airing on WQBU's AC format when it was still on the radio in NY).
WPAT, although second, has always been very profitable as it is sold in combo with Mega.
Mexicans are the second largest group of Spanish dominant Hispanics in New York. The problem with 92.7 is that it does not have a decent signal in all but one of the market´s HDHAs and you can't get good numbers with that.
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