Because the world of 1982 and the one of 2008 aren't the least bit different. :
Staying on the air and making a significant return on investment aren't the same thing--yet another business basic. When someone buys a property, even if the last owner felt enamored of it (yet not enough to hold on to it, a convenient little fact), the new owner's obligation to shareholders is to maximize the return on the investment.
It ain't 1982 anymore, it's time to deal with that reality. If they can't make a sustainable living here and now in 2010 with wall to wall weathercasting, then you don't do it. And given all that's changed since 1982, much to some luddites' dismay (had to work it in for fun), no, you're not going to make the kind of return now that you did back then.
Time to up the bran content in the muffins at Mighty Oaks rest home again.