"I can tell you that a few years ago, I made a serious attempt, cash in hand, to buy a floundering AM station. The owner rejected my offer and said "I'm afraid if you had it, what you propose to do would be serious competition to my better stations."
"Does that sum it up? It’s true…."
Thank you Chuck, for stating the exact reason stations like 610 KFRC, 1260 KOIT-AM and others are always sold by the Big Radio Groups to religious or ethnic radio broadcasting companies. These companies are just shrinking the number of competitors to their established clusters! Even though you will now read in following posts a bunch of denials to what I just said. And to anyone that says I'm wrong I say, go lie to someone else because I'm not buying it!
"Does that sum it up? It’s true…."
Thank you Chuck, for stating the exact reason stations like 610 KFRC, 1260 KOIT-AM and others are always sold by the Big Radio Groups to religious or ethnic radio broadcasting companies. These companies are just shrinking the number of competitors to their established clusters! Even though you will now read in following posts a bunch of denials to what I just said. And to anyone that says I'm wrong I say, go lie to someone else because I'm not buying it!