Miami Move-In Filed @ FCC for 104.3

[FLjack2]

Sorry, but EMF or Classical SoFL will NOT be buying this station. Why pay for a commercial license when you're going to be non-commercial? Makes no sense.

 

[Kent]

Well, EMF bought stations in the commercial range in Houston and Kansas City. So, it's not out of the question. After all, EMF pays per head, and this is a deal for stick value anyway. EMF, however, would likely be a last resort buyer. Goodman probably hopes there will be a bidding war between commercial operators, which would push EMF out of the picture unless everyone else was lowballing it.

I do, however, agree with you that there's virtually no chance Classical South Florida will buy the station. Classical has a hard time getting underwriters, and, with cuts likely in public broadcasting's future, they'll probably want to concentrate their resources more elsewhere.

 

[xmusicmatt]

Well, EMF bought stations in the commercial range in Houston and Kansas City. So, it's not out of the question. After all, EMF pays per head, and this is a deal for stick value anyway. EMF, however, would likely be a last resort buyer. Goodman probably hopes there will be a bidding war between commercial operators, which would push EMF out of the picture unless everyone else was lowballing it.

Oh and we can't forget up the coast and to the left... EMF Bought 97.5 WABB Mobile which was a Commercial station.

 

[davideduardo]

.
Oh and we can't forget up the coast and to the left... EMF Bought 97.5 WABB Mobile which was a Commercial station.

And they bought a rimshot commercial station from Univision in the San Antonio market recently, too.

But the real issue would be whether EMF would spend about $14 to $17 million on a stick for a market they likely see as not even being in the Top 20 due to the ethnic makeup of Miami.

 

[Ai4i]

What market size is Miami if we just count the 35% who speak English as a primary?

 

[davideduardo]

What market size is Miami if we just count the 35% who speak English as a primary?

It's not that extreme. The Miami radio market, which is Miami/Dade and Broward, is about half Hispanic. That group is about 60% Spanish dominant. And the 20% Black population is also composed of a significant Haitian Kreyol speaking segment. And based on the markets where EMF has significant ratings, it really underindexes among African Americans.

So, of a total population of 4.3 million, those that might be active prospects for such a format would be well under half the total population... let's say 2.2 million, or 30th in rank and about the size of Salt Lake City or Cleveland where FMs might go for $5 to $7 million.

 

[Ai4i]

...about $14 to $17 million on a stick...Miami.

Wow, a third less than what APMG/CSF paid for WMCU on 89.7.
They could buy 104.3 and sell 89.7...nah, unlikely.

 

[SportsDotCom]

What's the latest rumor on who buys this signal?

 

[Groove1670]

Looking at the coverage map (if correct) the signal barely city grades Miami and 60db contour misses Kendall. If you take that out of the equation, the signal covers a great deal of population Not so good for PPM ratings.

 

[davideduardo]

Looking at the coverage map (if correct) the signal barely city grades Miami and 60db contour misses Kendall. If you take that out of the equation, the signal covers a great deal of population Not so good for PPM ratings.

The proposed site is one of the thousand-foot towers just above the Dade / Broward line. It's 100 kw at about 280 meters, and covers the markert just fine

 

[nfladxer]

Looking at the coverage map (if correct) the signal barely city grades Miami and 60db contour misses Kendall. If you take that out of the equation, the signal covers a great deal of population Not so good for PPM ratings.

You may be looking at their CURRENT signal contour. The proposed 104.3 Miami move in will provide a signal comparable to any of the established Miami-Fort Lauderdale class C, C0, and C1 signals like WFEZ, WLYF, WMXJ, WHYI, etc. 8)

 

[Ai4i]

Unfortunately, the last time I looked at the FCC Google contour link, it was dead; something was wrong with the URL.

 

[WDAE-FM101]

http://cdbs.recnet.net:8080/fmq.php?facid=29567 Here's the proposed contour from Recnet. (Scroll down to #3 and then click on "see map" to draw the contour from Miramar.)

 

[WDAE-FM101]

You'll need to scroll down to #3 - which is the Miramar location and click on "see map"
http://cdbs.recnet.net:8080/fmq.php?facid=29567

 

[FLjack2]

You know, if Goodman moves this facility to Miami, couldn't they keep the station? After all, they might be maxed out in the West Palm Beach market, but they would then also own a station in Miami/Fort Lauderdale.

 

[Ai4i]

Thanks for the link, always nice to discover additional reference web sites.
Keep in mind everyone, the outer circles are the same as the FCC-Google maps and the innermost R-L contours.
The 70dbu inner circles are pretty much the full quieting under most conditions service areas.

 

[Groove1670]

Yep 60db or less in Miami. That will impact value of the station.

 

[Ai4i]

You are viewing the WRONG map, musiconradio:
60dbu goes north to Lake Worth and south past Homestead and Florida City, the same as the fifteen strongest commercial FM's in the market, soon to be sixteen.

 

[Radio-X]

You know, if Goodman moves this facility to Miami, couldn't they keep the station? After all, they might be maxed out in the West Palm Beach market, but they would then also own a station in Miami/Fort Lauderdale.

I'm sure they could do it with no problem related to ownership caps...

...however...

Some people have said that despite higher billing, etc, etc, Goodman doesn't want the Miami station because he needs the proceeds from that to pay down the big debt from purchasing the WPB stations. So, they spend a couple of mil to build the station down in Miramar, sells it for $15 mil...that knocks off a pretty good chunk of what he had to pay to purchase the cluster in the first place!

 

[Kent]

You know, if Goodman moves this facility to Miami, couldn't they keep the station? After all, they might be maxed out in the West Palm Beach market, but they would then also own a station in Miami/Fort Lauderdale.

Yes, he should be able to. However, common speculation is that he doesn't want to because (1) selling the station as a Miami station will give him a ton of money and (2) he probably doesn't want just a single standalone in Miami. It's getting tougher to make a lot of money in a cluster with just one station.