little1 said:Just by turning on oldies and marketing it a little they'll probably make a couple of million. (200K a month works out to 50 thousand a week, 7K a day, just counting prime hours (6a-7p) they'd need to bill an average of 583 bucks and hour- with 10 minutes of spots (and that's low compared to KLUV) they need to sell spots for 58 bucks a piece. Extremly low spot price, especially if they get any decent 25-54 numbers. And I bet there's a lot of people who'd like to be on KLUV but who've been priced out by increasing ratings and the corresponding increasing revenue.
LOL hey, marketing a new product "a little" is like not marketing it at all. there's no ROI investing $200k a month into a 2nd tier fringe format station. If you price it "extremely low", you're saying to the ad community "we don't believe that much in ourselves............we are cheap and we'll price it cheap". You'll NEVER make back that $200k a month back, much less turn enough profit to satisfy Wall Street.
And, yes, Citadel IS using their own True Oldies Channel- off the satellite.