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Pulse 87 is now seeking financial support to stay alive!

I wish they could make just the 87.7 audio non-directional, keep the digital video signal directional. Seeing how much the FCC cares about the pirate stations, they would overlook WNYZ's audio signal.
 
i'm from out of town and i have a question

what is Pulse's coverage? where is the transmitter and how does it do covering the boroughs?
 
^ I believe their transmitter is in Queens. You can pick them up easily in Queens. I was recently up in NYC myself an didn't have a problem receiving them in Manhattan, allthough they do get kind of staticy as you get into the Hells Kitchen area, lower east side, where the tunnels to Jersey are. However in the car radio I could still listen into Jersey but once you get South of Newark an beyond the Turnpike exit for the Garden state, you'll start losing them. I suspect reception in Brooklyn an Staten Island is good, not sure about the Bronx.
 
Pulse is decent once your driving on the goethals but lose them until you reach the bayonne bridge exit in Staten Island, bronx is perfectly clear
 
here in jersey, i usually get pulse with no problem down the parkway towards brick. it's clear at exit 100 going east towards asbury... not very strong at exit 116 going up and over telegraph hill... and i got them loud and clear yesterday on route 33 near the 34 circle and up through colts neck, despite the bad weather. pulse comes in pretty well at the freehold mall too.
 
Just a thought. Instead of asking for donations why dont they just encourage people to buy their stock. Even now 100 bucks gets you 20000 shares. Sure its not worth much but atleast you can feel like your part of the station. Theres not to many stations that play this kind of music so it should be given a chance to develop
 
Correct. Not without a prospectus (annual report) showing the last three years of financial statements, profit-and-loss, equity shares, debts, etc.
 
They used to have an announcement in every stopset last year that said "Pulse 87 is a wholly owned subsidiary of the Mega Media Group, publicly traded under the symbol MMDA"

It would be boring to the audience and embarrassing to the station to read the entire income statement over the air.
 
everything else under the MMDA umbrella seems to be non-existant...anyone ever research it? Nick.
 
Today's Inside Radio:New York's "Pulse 87" faces new threat.
Mega Media Group's dance-formatted WNYZ-LP (87.7) made headlines last month when it launched a public radio-style fundraiser asking listeners for cash. But now WNYZ’s owners say they're no longer convinced Mega will be able to pay the thousands owed and have decided to sell.

Island Broadcasting CEO Dick Bogner tells Inside Radio he and his partners haven't been paid by Mega Media in several months. He says, "They have until the end of the month to solve their problems before I and other creditors close in on them."


Mega Media Group did not return a call seeking comment. The Alex Shvarts-led company has a ten-year lease for the low-power television station, but it includes a 90-day out clause. Mega could potentially strike a new agreement with whoever buys the station.


Who's interested in buying the station? The story is in today's Inside Radio
 
Nick said:
They used to have an announcement in every stopset last year that said "Pulse 87 is a wholly owned subsidiary of the Mega Media Group, publicly traded under the symbol MMDA"

It would be boring to the audience and embarrassing to the station to read the entire income statement over the air.
Click to expand...

They weren't "soliciting" for stock sales on the air. That's not legal. A "prospectus" is not "read" on the air. It's a multi-page presentation with all the information legally needed for an investor to make a educated decision about buying stock. Saying what they said in an announcement is the same as any other group saying who their corporate ownership is ... "CBS Radio station," "A Clear Channel Station,' etc. They do it all the time. If they want to give their stock ticker symbol, that's legal, but strangely different.

Island Broadcasting CEO Dick Bogner tells Inside Radio he and his partners haven't been paid by Mega Media in several months. He says, "They have until the end of the month to solve their problems before I and other creditors close in on them."


Mega Media Group did not return a call seeking comment. The Alex Shvarts-led company has a ten-year lease for the low-power television station, but it includes a 90-day out clause. Mega could potentially strike a new agreement with whoever buys the station.


Who's interested in buying the station? The story is in today's Inside Radio


Will be a tough sale.
 
I am not stunned by this announcement.

If anything, the fact that the station has lasted on the air THIS long with all of its financial hurdles is an amazing feat in itself.

All I can say is, when Pulse 87 plays its last dance track (if they cannot find a buyer beforehand), we will be ready to do what we have to do.
 
How much would it cost to buy 87.7?

If I had the capital, I would buy WNYZ and hire the same staff from Mega Media.
 
fatlady said:
Today's Inside Radio:New York's "Pulse 87" faces new threat.
Mega Media Group's dance-formatted WNYZ-LP (87.7) made headlines last month when it launched a public radio-style fundraiser asking listeners for cash. But now WNYZ’s owners say they're no longer convinced Mega will be able to pay the thousands owed and have decided to sell.

Island Broadcasting CEO Dick Bogner tells Inside Radio he and his partners haven't been paid by Mega Media in several months. He says, "They have until the end of the month to solve their problems before I and other creditors close in on them."


Mega Media Group did not return a call seeking comment. The Alex Shvarts-led company has a ten-year lease for the low-power television station, but it includes a 90-day out clause. Mega could potentially strike a new agreement with whoever buys the station.


Who's interested in buying the station? The story is in today's Inside Radio
Click to expand...

Odd. All Access reported on Monday that Mega Media got a 70K infusion.
 
Nick - I think Mega Media Is the problem here..pulse87s format isnt the problem
 
I think they owe a bit more than 70k.

And I agree with the poster above. This has nothing to do with dance and everything to do with Mega Media having a poor business plan (spending too much on talent, spending too much to lease a frequency many radios can't even get, etc.).
 
The Truth said:
Nick - I think Mega Media Is the problem here..pulse87s format isnt the problem
Click to expand...
Exactly. Pulse 87 is bringing in more revenue than Mega Media ever got before, but debt service is eating away the profits.
If I could start a shell corporation that leased the 87.7 signal and was completely independent of Mega Media (except some of the Pulse 87 staff that the corporation hired), I bet it would be profitable. Mega Media was in a load of debt before Pulse 87 even signed on, and before the recession. You can't blame the dance format for the downfall of Mega Media.
But you can blame the pirate stations for lost ad revenue. There are clubs that advertise on pirate stations simply because illegal stations have no overhead and can charge a low price. Some of those clubs would have advertised on 87.7. It's sad to think that if Pulse 87 were a pirate station, it would be doing well financially.

I do agree that it wasn't the wisest decision to spend what I think is a lot of money for the Star and Buc Wild show that doesn't fit the format. Its a wonder that they have a lot of well known talent from other radio stations, and the talent really sounds like it belongs in market 1. But I would not be far off if I assume that Chunky is making more money than the entire Pulse airstaff.
There aren't any other FM stations to lease in the NYC market besides Channel 6. They could have bought 96.3 or 105.9 recently when it was up for sale, but those cost way more than 87.7. Before Mega Media, Channel 6 was an LPTV station actually operating as a TV station. Mega Media figured that it would be more valuable as a radio station, so they grabbed the lease.
 
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