Revenue is likely terrible for almost all of Radio. It wasn't great before the Pandemic for many stations. Yes, we know if you owned STAR it would be Country (and would bill over 7 million a year).
It's unlikely that Entercom would flip STAR to Country (or anything else). Radio becomes less relevant with each passing year. The "new" WBUF launched with zero promotion. They know there's no point in bothering. These companies are just trying to hang on. They aren't interested in innovation or growth...
Your talking about "these companies" . I am not "these companies". I do things the opposite of what they do. I do not believe radio becomes less relevant with every passing year. That could said for just about any media outlet or retail business. 92% of the population still listens to terrestrial radio during their week. I think you have this bitterness toward radio. There is less cume than before, but it has held it's own pretty well. I would be worried more in a were a newspaper company. And you can bet that if I have a full power Country station, it would bill far more than STAR currently does.
The "new" WBUF is a corporate trainwreck. They will make nothing on that station. I totally disagree with the format they picked. Remember that 50% of all radio dollars in Buffalo, goes to these formats. News, Talk, Sports, Country . That's where the money is.
As you know, I am not a fan of corporate radio, which is why I bought a station that I could control. We are doing great. That's all that matters. But it is hard work, and radio 101. WECK does many things right that other companies would not or could not do.
Plus the WECK staff is incredible. Each one of them cares about radio, the listeners and my company. It's passion that can't learned. The people in every department of WECK are exceptional. That's the reason we have been successful. We sound like a major market station in a medium market. This is because my entire staff is exceptional.
Radio is as irrelevant as a company will make it. Most are making it irrelevant. We are trying very hard to to follow that. As I have said before, I was making $250K a year for 20 years at Entercom. I could of easily stayed. But I saw the potential in WECK, and it has by far been the best move I ever made. I cruise All Access all the time. WECK is one of the only independently owned radio stations in the top ten 12 plus of any market 1-60 in America. There are some others, but not many.
You say it's becoming more irrelevant. I would like to forward you the emails for our listeners that say the opposite. As long as my staff, my clients, and listeners are happy, that's all I care about.