• Get involved.
    We want your input!
    Apply for Membership and join the conversations about everything related to broadcasting.

    After we receive your registration, a moderator will review it. After your registration is approved, you will be permitted to post.
    If you use a disposable or false email address, your registration will be rejected.

    After your membership is approved, please take a minute to tell us a little bit about yourself.
    https://www.radiodiscussions.com/forums/introduce-yourself.1088/

    Thanks in advance and have fun!
    RadioDiscussions Administrators

NY Station Sale Rumor hits trades...

davideduardo

Moderator/Administrator
Staff member
Inside Radio reports...

"Back to the New York City Rumor Mill —
That New York City FM that might be for sale is Emmis-owned smooth jazz WQCD (101.9). "

Full item at http://www.insideradio.com/
 
If the sale happens, it will most likely mean the end of smooth jazz in NYC. As much as I personally enjoy the format, I know it's just not commercially viable anymore. Many stations have dropped it in recent years. It's too bad this has to happen to WQCD, considering they were one of the stations to introduce the format in the 80s.
So what's next for 101.9? I can almost guarantee a lot of posters will be jumping back on the Country in New York bandwagon again. Either that, or Oldies. But whatever happens, please don't tell me it'll be yet another hip hop station!
 
JakeLongwell said:
If the sale happens, it will most likely mean the end of smooth jazz in NYC. As much as I personally enjoy the format, I know it's just not commercially viable anymore. Many stations have dropped it in recent years. It's too bad this has to happen to WQCD, considering they were one of the stations to introduce the format in the 80s.
So what's next for 101.9? I can almost guarantee a lot of posters will be jumping back on the Country in New York bandwagon again. Either that, or Oldies. But whatever happens, please don't tell me it'll be yet another hip hop station!

It's NYC radio, so that means either another urban, dance, or hispanic station.
 
They should put a disclosure that due to their tarnished reputation with other FM stations in the market, CBS will not be allowed to have an interest in the deal. ;D

I could see Univision buying 101.9 and in exchange selling off 105.9 and maybe 92.7 to another entity. Although consider the other radio corps that aren't in this market that surely would like to have a foothold in it: Radio One? Entercom? The Beasleys? Hmmmm...
 
DToTheJ said:
They should put a disclosure that due to their tarnished reputation with other FM stations in the market, CBS will not be allowed to have an interest in the deal. ;D
Absolutely, DJ. :)

I could see Univision buying 101.9 and in exchange selling off 105.9 and maybe 92.7 to another entity.

If they sell off both 105.9 and 92.7 which format would Univision put on 101.9 LA KALLE or La Que Buena? They couldn't afford to buy it, but let Nassau buy 105.9/92.7 and let them take the Smooth Jazz Format. :)
 
If they sell off both 105.9 and 92.7 which format would Univision put on 101.9 LA KALLE or La Que Buena? They couldn't afford to buy it, but let Nassau buy 105.9/92.7 and let them take the Smooth Jazz Format. :)
[/quote]

WQCD is no doubt being sold because it is low rated, and/or isn't billing enough to make the format viable. Considering that, would another broadcaster pick up the format? I suppose it could happen, it happened in philly after all. But I just think with the presence of a "real" jazz station in the market, (WBGO), I can't help but wonder just how much of a following Kenny G and company have in market #1.
 
JakeLongwell said:
If they sell off both 105.9 and 92.7 which format would Univision put on 101.9 LA KALLE or La Que Buena? They couldn't afford to buy it, but let Nassau buy 105.9/92.7 and let them take the Smooth Jazz Format. :)

WQCD is no doubt being sold because it is low rated, and/or isn't billing enough to make the format viable. Considering that, would another broadcaster pick up the format? I suppose it could happen, it happened in philly after all. But I just think with the presence of a "real" jazz station in the market, (WBGO), I can't help but wonder just how much of a following Kenny G and company have in market #1.
[/quote]


I thought WQCD billed well with their SJ format and their numbers aren't half bad.
SJ certainly isn't the format of the day but has loyal listeners and usually somewhat affluent nonetheless.
WQCD would have to be worth quite a small fortune.
Let's remember this is just a rumour. Rumours have circled "Inside Radio" many times....but it could be interesting...
 
JakeLongwell said:
WQCD is no doubt being sold because it is low rated, and/or isn't billing enough to make the format viable. Considering that, would another broadcaster pick up the format? I suppose it could happen, it happened in philly after all. But I just think with the presence of a "real" jazz station in the market, (WBGO), I can't help but wonder just how much of a following Kenny G and company have in market #1.

There is no confirmation, just rumor, that the station may be sold. If it is, it is part of debt restructuring at Emmis, per the trades. This would pave the way to going private... sacrifice one station, and achive the goals.

WQCD, with nice 25-54 shares, is hardly low rated. It's billing is off a bit, but it is hardly a failing station.
 
DavidEduardo said:
There is no confirmation, just rumor, that the station may be sold. If it is, it is part of debt restructuring at Emmis, per the trades. This would pave the way to going private... sacrifice one station, and achive the goals.

Wouldn't it make more sense for Emmis to try and unload the 6 stations in Austin or the 4 in St. Louis? I remember when they bought the 51% of the Austin cluster several years ago for something like a $105 million. Why would they choose to sell in market #1 (#2 in revenue)?
 
p_herring said:
JakeLongwell said:
If the sale happens, it will most likely mean the end of smooth jazz in NYC. As much as I personally enjoy the format, I know it's just not commercially viable anymore. Many stations have dropped it in recent years. It's too bad this has to happen to WQCD, considering they were one of the stations to introduce the format in the 80s.
So what's next for 101.9? I can almost guarantee a lot of posters will be jumping back on the Country in New York bandwagon again. Either that, or Oldies. But whatever happens, please don't tell me it'll be yet another hip hop station!
[/quote

It's NYC radio, so that means either another urban, dance, or hispanic station.
There is NO DANCE STATION IN NYC ! KTU IS NOT A DANCE STATION !
 
WQCD has been a loser for Emmis for the last 5 years with billings in the 12-17 million range...billings, not cash flow. They have a small staff and low payroll. Why keep competing with sister WRKS-FM, sell it and take the money and run Jeff Smulyan. This would be a smart financial move for the company that acquired this station from Tribune in the 90's.
 
housemusic said:
WQCD has been a loser for Emmis for the last 5 years with billings in the 12-17 million range...billings, not cash flow. They have a small staff and low payroll. Why keep competing with sister WRKS-FM, sell it and take the money and run Jeff Smulyan. This would be a smart financial move for the company that acquired this station from Tribune in the 90's.

In 2000 it billed arounnd $27 million, and is now down to around $15.
 
rapking said:
p_herring said:
JakeLongwell said:
If the sale happens, it will most likely mean the end of smooth jazz in NYC. As much as I personally enjoy the format, I know it's just not commercially viable anymore. Many stations have dropped it in recent years. It's too bad this has to happen to WQCD, considering they were one of the stations to introduce the format in the 80s.
So what's next for 101.9? I can almost guarantee a lot of posters will be jumping back on the Country in New York bandwagon again. Either that, or Oldies. But whatever happens, please don't tell me it'll be yet another hip hop station!
[/quote

It's NYC radio, so that means either another urban, dance, or hispanic station.
There is NO DANCE STATION IN NYC ! KTU IS NOT A DANCE STATION !

Well, either way, we don't need anymore of them...
 
JakeLongwell said:
So what's next for 101.9?

I guess New York needs a classic hits format. Up in the Hudson Valley, WBPM's new "Classic Hits 92.9" has been on the air since the beginning of February. I hope New York needs an opening for a classic hits station rather than an oldies station. Classic hits is a format playing the best songs from the 60's, 70's and 80's, just like the old WNSR did back in the late 80's. I hope classic hits will work in New York City after the loss of CBS-FM 2 years ago. I hope this would work very soon.
 
Well the fact of the matter is, for the most part, most "oldies" stations today are actually playing more of a classic hits format. The playlists are more focused on the 70s, with some 60s and early 80s thrown in. This is basically where WCBS-FM left off before they turned into Jack FM. I think the problem with WCBS-FM was that they were evolving too quickly going well into 80s music before the Buddy Holly and Frankie Valli fans knew what hit them. I think that WCBS-FM would be alive and strong if that evolution was slower, similar to what WODS/Boston is doing. And even so, if CBS Radio really wanted a Jack station in New York, they should have put it on 102.7, since they were already having an identity crisis and didn't have as many loyal fans as WCBS-FM did.

That being said, WQCD-CD 101.9 has many loyal fans, yet with what we've seen over the past decade with format flips (rock WNEW, oldies WCBS) which involved displacing many loyal fans of their respective stations, don't be surprised if/when CD 101.9 flips to something non-jazz.

On a related note, I was traveling with friends last weekend in Brooklyn, and as one of my friends was scanning the radio dial for something to listen to, she remarked that "for a city as big as New York, there's nothing on the radio." Instead of innundating the market with a number of stations playing basically the same thing, let's have our stations actually have substantially different formats from competitors. What are the only commercial stations in NYC that have a format to themselves... WAXQ (classic rock), WQCD (smooth jazz), and WQXR (classical). Most of the other stations are variations of top 40, urban, AC or Spanish. And it's WQCD and WQXR that have been rumored to flip recently. Hmmm... sad sad.

Jacko
 
Jacko said:
Most of the other stations are variations of top 40, urban, AC or Spanish. And it's WQCD and WQXR that have been rumored to flip recently. Hmmm... sad sad.

Just a clarification, and not a criticism, "Spanish" is not a format. The 5 fulltime Spanish stations each have very different formats:

WSKQ Caribbean tropical
WCAA Reggaetón
WZAA Regional Mexican
WPAT AC
WADO News Talk Sports
 
I"m sorry, David, I actually do know that about Spanish-language formats. I just had a surgery yesterday, so some of that is the Percocet talking. :)

Jacko
 
DavidEduardo said:
Inside Radio reports...

"Back to the New York City Rumor Mill —
That New York City FM that might be for sale is Emmis-owned smooth jazz WQCD (101.9). "

Full item at http://www.insideradio.com/

Who cares. WQCD is fluff. Real jazz fans listen to WBGO from Newark NJ AKA BRICK CITY !
 
Status
This thread has been closed due to inactivity. You can create a new thread to discuss this topic.


Back
Top Bottom