Radio One Stations on sale

[edthedeal]

Billboard report.







Radio One executive VP/CFO Scott Royster says his company has a “95% probability” of selling “non-strategic” radio stations, “assuming we can find a buyer.” He put a rough value on those stations at between $100-$200 million.

Without naming specific stations or markets, Royster told a Bank of America audience that some of these stations are those “that aren’t necessarily 100% consistent with the strategy of the enterprise.” Offering another clue to likely sales candidates, he said, “We’re an urban [business] and we actually own some stations that are not urban.” Other possible sell-offs, Royster said, might be some stations in its portfolio that were acquired as part of a group deal.




<P ID="signature">______________
America most awful Hip Hop station list , KS107.5 Denver , KLUC Las Vegas , and Wired in Philly .</P>

 

[Nate Wesley]

> Billboard report.
>
>
>
>
>
>
>
> Radio One executive VP/CFO Scott Royster says his company
> has a “95% probability” of selling “non-strategic” radio
> stations, “assuming we can find a buyer.” He put a rough
> value on those stations at between $100-$200 million.
>
> Without naming specific stations or markets, Royster told a
> Bank of America audience that some of these stations are
> those “that aren’t necessarily 100% consistent with the
> strategy of the enterprise.” Offering another clue to likely
> sales candidates, he said, “We’re an urban [business] and we
> actually own some stations that are not urban.” Other
> possible sell-offs, Royster said, might be some stations in
> its portfolio that were acquired as part of a group deal.
>

Those 'non-strategic' stations likely include stations with non-urban formats that aren't billing well, or stations in the smallest of markets (Augusta?). Maybe some of the simulcast stations it owns in Louisville (alternative "New Rock") or Raleigh (urban AC "Foxy")--those two have stations have a rimshot simulcast station it could stand losing. <P ID="signature">______________
Let us live so that 100 years from now, someone may be proud of us.</P>

 

[jaleo23]

> > Billboard report.
> >
> >
> >
> >
> >
> >
> >
> > Radio One executive VP/CFO Scott Royster says his company
> > has a “95% probability” of selling “non-strategic” radio
> > stations, “assuming we can find a buyer.” He put a rough
> > value on those stations at between $100-$200 million.
> >
> > Without naming specific stations or markets, Royster told
> a
> > Bank of America audience that some of these stations are
> > those “that aren’t necessarily 100% consistent with the
> > strategy of the enterprise.” Offering another clue to
> likely
> > sales candidates, he said, “We’re an urban [business] and
> we
> > actually own some stations that are not urban.” Other
> > possible sell-offs, Royster said, might be some stations
> in
> > its portfolio that were acquired as part of a group deal.
> >
>
> Those 'non-strategic' stations likely include stations with
> non-urban formats that aren't billing well, or stations in
> the smallest of markets (Augusta?). Maybe some of the
> simulcast stations it owns in Louisville (alternative "New
> Rock") or Raleigh (urban AC "Foxy")--those two have stations
> have a rimshot simulcast station it could stand losing.
>

I doubt RO will sell WFXC/WFXK because they are top billers in the Raleigh/Durham market. I think they will probably sell off the major market stations that are underperforming really at all and are ratings bottomdwellers like WPHI, WRNB, WPPZ in Philadelphia and WDMK, WCHB, WHTD in Detroit.
<P ID="signature">______________
It is what it is.</P>

 

[-TJ-]

<font color=3333ff>They shoulda NEVER killed Hot 104 Loiusville. When Blue Chip had it, it was such a HOT HOT HOT young-end Urban and B96 was a nice adult compliment.

Radio One won't sell their Detroit cluster. It's a chocolate city, and they do fine there.
</font>

 

[JamzUSA]

> They shoulda NEVER killed Hot 104 Loiusville. When Blue
> Chip had it, it was such a HOT HOT HOT young-end Urban and
> B96 was a nice adult compliment.
>
I totally agree with you on that.

Don't forget to include KSOC/Dallas to the list of under performing stations.

 

[edthedeal]

> > They shoulda NEVER killed Hot 104 Loiusville. When Blue
> > Chip had it, it was such a HOT HOT HOT young-end Urban and
>
> > B96 was a nice adult compliment.
> >
> I totally agree with you on that.
>
> Don't forget to include KSOC/Dallas to the list of under
> performing stations.
>
I wish Radio One will do something about Crappy WILD-FM Boston . Part Urban Mainstream , Part Urban A/C and Part Urban Jack format = Full of SH-t! <P ID="signature">______________
America most awful Hip Hop station list , KS107.5 Denver , KLUC Las Vegas , and Wired in Philly .</P>

 

[DerbyCityKidd]

> They shoulda NEVER killed Hot 104 Loiusville. When Blue
> Chip had it, it was such a HOT HOT HOT young-end Urban and
> B96 was a nice adult compliment.
>
> Radio One won't sell their Detroit cluster. It's a
> chocolate city, and they do fine there.
>
>I agree Hot 104.3 was great, but it was cutting into B96's ratings. I am unhappy with some of the rock formats that RO have here. They own 6-7 stations in the "ville". The ratings for Magic 101.3 and B96.5 are excellent. 99.7 WDJX's (CHR) ratings are falling due to competion from Clear Channel's KISS 98.9

 

[sfradio]

> > > They shoulda NEVER killed Hot 104 Loiusville. When Blue
>
> > > Chip had it, it was such a HOT HOT HOT young-end Urban
> and
> >
> > > B96 was a nice adult compliment.
> > >
> > I totally agree with you on that.
> >
> > Don't forget to include KSOC/Dallas to the list of under
> > performing stations.
> >
> I wish Radio One will do something about Crappy WILD-FM
> Boston . Part Urban Mainstream , Part Urban A/C and Part
> Urban Jack format = Full of SH-t!
>
why? they are still doing better then thier full urban station<P ID="signature">______________
http://natedoggairchecks.6x.to/
sfradio (at) gmail (dot) com</P>

 

[RobertMoore]

I believe they'll keep KKBT/Los Angeles in their roster.