Oh. Thank you for clearing that up.
-
Get involved.
We want your input!
Apply for Membership and join the conversations about everything related to broadcasting.
After we receive your registration, a moderator will review it. After your registration is approved, you will be permitted to post.
If you use a disposable or false email address, your registration will be rejected.
After your membership is approved, please take a minute to tell us a little bit about yourself.
https://www.radiodiscussions.com/forums/introduce-yourself.1088/
Thanks in advance and have fun!
RadioDiscussions Administrators
KZFO KFLC Now Run By LMN
- Thread starter TheBigA
- Start date
Update: The transfer of KFZO to Latino Media Holdings was consummated today. Keep an eye on this once Audacy exits bankruptcy as a further sale might be in the works.
LMN CEO has stepped down, I believe about a few weeks ago. No mention in the industry rags but it may be a non-news factor since I don't think they made any difference in the company other than being hired.
Assume you are talking about Sylvia Banderas Coffinet who became LMN CEO in May 2023. Jumping ship before taking on too much water, or thrown overboard?
Article about her from last year: Sylvia Banderas Coffinet on Becoming Latino Media Network’s New CEO - Hispanic Executive
And another one: We Talk With Latino Media Network's New CEO - Radio Ink
Makes you wonder..
if they know what there doing right? my opinon is you need a Radio CEO at the helm not magazine CEO|
and yes its true she is gone!
Latino Media Network CEO Sylvia Banderas Coffinet Departs After One Year – RadioInsight
RadioInsight Exclusive: After just one year at helm of Latino Media Network, Sylvia Banderas Coffinet has exited the company. Banderas Coffinet was appointed Latino Media Network's first CEO in May 2023. She had previously held roles as Vox Media General Manager of Marketing Equity & Inclusion...
radioinsight.com
Has LMN done anything at any of the stations it acquired? Here in Houston LMN’s KLAT is still running a simulcast of TUDN with TU’s KQBU 18 months after the sale closing.
Let's remember that KTNQ got a new schedule in April and the Fresno and Vegas stations picked up Dodgers. That's really just about it. Doubt that they'll be able figure out something with Univisión to pick up WADO here in the NY metro.
At the beginning of the year, they rebranded Vegas rimshot KRGT 99.3 from "Latino Mix" to "Latino Beats." That seems to be about it so far.
Supposedly, 2024 was supposed to be when they would start taking over operational control of the stations they bought.
They're still using the Jan-Sep 2014 KRGT logo still on the LMN website.
Attachments
IIRC, Univision was able to move-in KRGT to the Black Mountain tower farm before the sale. Granted, it is only at 8.8 kW of ERP. But since they have a full view of the Las Vegas valley from the mountaintop, they have no issues covering Vegas anymore.
Supposedly, they take full control of the Regional Mexican Stations in LV, Fresno, Dallas, McAllen at the end of the month when there LMA ends from Univision, as far as the AM and other formats they already have control of them, an inside source told me they are already running out of money as one of the reasons there former CEO left, not sure if this is completely true
They’re going to have to do something completely different with KFZO. I don’t see it being able to compete against The TU and MediaCo stations in DFW. Maybe just sell it to Hope Media Group for its Vida Unida format, which is already on KAWA HD-2.
And have done nothing with most of those. KLAT in Houston must be setting a ton of money on fire, especially when you can get the TUDN programming on a TU owned FM.
The FCC finally approving the Audacy restructuring is likely when we might see some action on the LMN stations, due to the Soros investment group being involved with both. Much speculation they will be folded into the Audacy group.
Count me among those who don't see LMN being "folded into Audacy." The fact that they're coming out of bankruptcy is not a good time to pull in some money-losing AMs. If anything, it's the time to jettison off the weakest stations in the group.
My view is Audacy can provide management and leadership without actually combining the two companies. Keep LMN at a distance, so that the losses don't bring down the bigger battleship.
Not saying I agree with that speculation. Only future I see for KLAT is Spanish language religion. Signal totally inappropriate for any sort of ethnic programming.
Audacy has almost zero Hispanic market programming and sales experience. And they have no experience with Spanish language major market AM stations.
The winner is TelevisaUnivision who got rid of the stations that made nearly no money but took up an inordinate amount of management time. Hispanic use of AM is much lower than in the general market, and many of the AM stations they bought are dog facilities such as San Antonio, Las Vegas and Chicago.
They did poor due diligence and ended up without a station in the New York City market and lost most of the HDHA coverage in Houston as well. The AM in Vegas runs 24/7 off diesel generators and is on low power now. The Dallas FM is an ultra-rimshot. Their name is eternally tainted in Miami due to the WAQI fiasco and in a market where the Cuban community controls the radio dollars, they will have a horrible battle.
I predict a liquidation soon after the election and inauguration. They ended up way too late in reprogramming the stations to have any political impact. In my opinion, Soros had them purchased just to keep Salem from buying the same package of woofing dogs.
And the night signal is not good over the HDHA areas where most of the Spanish dominant listeners are located. Remember, in November to February, huge parts of AM and PM drive are during FCC night hours and the signal will not be usable by many.
That's OK. What's missing at LMN is strategy, whether Hispanic or otherwise. To me, the strategy the Soros haters put forth was much better than the one they have now, which is none. There needs to be a broadcaster in the building. It doesn't matter what language he speaks.
The main thing is Audacy CAN'T afford to lump those AMs into an already bankrupt company.
Why wait?
It would be a better situation if the person has experience with Spanish language radio. Ideally, they should speak Spanish fluently and be of Hispanic background.
I gave the example previously of actually filling in their on-line application and attaching my full curriculum vitae and never even getting an acknowledgement or "acuse de recibo".
And the FMs don't make much difference: Fresno, McAwful, Las Vegas and the ultra rimshot in Dallas. Remember, they bought a number of FMs, too.
Because all the people who might pull the trigger are worrying about the current presidential campaign, SCOTUS decisions and the like. Radio is not even on the back burner..
Oops, I completely forgot they did the downgrade-to-a-C2-to-get-closer bit. They bought so many poor AM and FM facilities, it was easy to forget they moved out of the rimshot pile...
- Status