TheBigA said:
Bill Wolfenbarger said:
The only limit on the number of markets one group can be in is the number of markets that exist in the U.S.
Not exactly. The limits relate to the size of the market. The most a group can own in a market is 8. And there are revenue limits as well. And then, there are limits in terms of managability. That's what CC discovered.
In Seattle, I don't think any one company owns more than 5 stations. That may get them a collective rating of a 20 share.
Bill Wolfenbarger said:
Now the chickens are coming home to roost.
Had the rules stayed the same way, radio would be in this exact same place. The owners in the 90s were looking to get out. Some like NBC, got out in 88. Someone else would have bought those small groups. Credit was cheap and easy to come by. Instead of 10 mega groups, you'd have 40, and they'd be all hurting today. You'd also have more LMAs and increased syndication.
Here's the commercial radio ownership breakdown in Puget Sound:
At one time, Entercom owned 8 stations in Seattle (97.3, 99.9, 100.7, 103.7, 107.7, 710, 770 and 1210) 1210 was sold to Bustos, and 710, 770 and 97.3 were sold to Bonneville. They were once the biggest player.
So here's where we're at today:
CBS has 94.1, 96.5, 102.5, 106.1 and 1090
Clear Channel has 93.3, 95.7, 102.9, 104.9, 950 and 850
Sandusky has 92.5, 98.9, 106.9, 880 and 1150
Saga has 92.9, 104.3, 790, 930 and 1170
Salem has 820, 1300, 1360, 1590 and 1680
Entercom: 99.9, 100.7, 103.7, 107.7
Crista has 105.3, 106.5 and 630
Fisher has 101.5, 570 and 1000. They also do the sales work for 98.1
Seattle Streaming Media has 1280, 1480 and 1490
Bustos has 1210 and 99.3
Second Amendment has 920 and 1400
Jim Keane has 660 and 1430
Way Broadcasting has 550 and 1600
Citadel/ABC/Disney has 1250
Multicultural has 1540
Family Radio has 1460
The remaining are a few stand alone independents, religious stations and public.
The 5 station limit only applies to one band, you can have up to three more in another. Entercom was the only company able to max out in Puget Sound....