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So Mancow's salary goes to Dees. And almost to the day as Mancow becomes a free agent (from Emmis Chicago) the end of next week.
From InsideRadio.com:
Emmis’ new “Movin 93.9” could also
get revenues moving.
Merrill Lynch’s Laraine Mancini says KZLA’s move from country to a Rick Dees headlining rhythmic AC will hurt ad sales in the short-term (like any format change) but says it could ultimately lead to a 50% increase in revenues. KZLA billed about $25 million last year – accounting for roughly 10% of Emmis revenues. Bank of America’s Jonathan Jacoby says Emmis was able to afford Dees by not renewing the $2 to $3 million-a-year deal it had with Mancow in Chicago
From InsideRadio.com:
Emmis’ new “Movin 93.9” could also
get revenues moving.
Merrill Lynch’s Laraine Mancini says KZLA’s move from country to a Rick Dees headlining rhythmic AC will hurt ad sales in the short-term (like any format change) but says it could ultimately lead to a 50% increase in revenues. KZLA billed about $25 million last year – accounting for roughly 10% of Emmis revenues. Bank of America’s Jonathan Jacoby says Emmis was able to afford Dees by not renewing the $2 to $3 million-a-year deal it had with Mancow in Chicago