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Regents put the Proposed KXBT sale on the August 22-23 on the Agenda

BMP had built an amazing radio facility out on loop 360 back in its heyday for its IIRC SIX radio properties.
Then the advertising crash hit while it was paying off loans on its acquisitions.
I've said it before-- "Nothing can kill a wildly successful local operation like throwing debt on top of it."
 
rbrucecarter5 said:
It isn't often that I am ashamed of the college I went to - but taking down an oldies station so they can take it over - well here is one alum that isn't going to give them money!
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A transaction like this involves both a willing buyer and a willing seller. UT can only buy KXBT because its current owner no longer wishes to maintain it as a going business. How is that UT's fault, exactly?
 
Scott Fybush said:
rbrucecarter5 said:
It isn't often that I am ashamed of the college I went to - but taking down an oldies station so they can take it over - well here is one alum that isn't going to give them money!
Click to expand...

A transaction like this involves both a willing buyer and a willing seller. UT can only buy KXBT because its current owner no longer wishes to maintain it as a going business. How is that UT's fault, exactly?
Click to expand...

Because they had AM properties to sell to UT, at bargain basement prices. :) But no, UT wanted the strongest signal just to piss folks like us off. /sarcasm.

They always got to pick the station that doesn't suck, don't they? Hey, they could have bought 105.9. Because during it's last years it was the same 50 songs over and over again.
 
how come the trustee of border media acquired a low power radio station in austin 105.5 k288fj, that has been kept silent.
 
Can we spend more time talking about the other incredible 2.0-3.0 share radio stations, please? This turd (KXBT) gets way too much attention on this board for no more than it does, locally. Last I checked, there were a handful (actually more) of these local stations rated between 10th and 20th that are never discussed here that do a much better job attempting to serve the community and take care of their staff and clients.

BMP is a joke. At least the new owners of 98.9 have a somewhat better reputation for quality and longevity when it comes to their broadcast product.

Now, hopefully this thread will settle like a turd (like 98.9) to the bottom.
 
Iused2nothat said:
BMP does not yet have FCC permission to sell 104.9
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That's right, it's been almost two months and the application is still flagged as "accepted for filing."

As for the 105.5 translator, it's not BMP's to sell:
Licensee: JAMES S. BUMPOUS D/B/A BIG BEND BROADCASTING
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Maize Brothers said:
Can we spend more time talking about the other incredible 2.0-3.0 share radio stations, please? This turd (KXBT) gets way too much attention on this board for no more than it does, locally. Last I checked, there were a handful (actually more) of these local stations rated between 10th and 20th that are never discussed here that do a much better job attempting to serve the community and take care of their staff and clients.

BMP is a joke. At least the new owners of 98.9 have a somewhat better reputation for quality and longevity when it comes to their broadcast product.

Now, hopefully this thread will settle like a turd (like 98.9) to the bottom.
Click to expand...

Nope - oldies fans will not shut up! Ratings don't matter to listeners, only the format. UT is taking a unique format off the air that is not available elsewhere in the Austin area. And the listeners do NOT appreciate it, nor will most of them be listening to the new format. And I think they should backlash and not support UT and KUT financially. Take some voice tracked / foreign language station off the air, not oldies! Any station that serves a market segment that supports its advertisers has a right to exist, providing it makes a profit,

All this sale does is prove, once again, that HD radio is a miserable failure, or whatever music format UT plans for 98.9 would be just fine on an HD-2.
 
...Ratings don't matter to listeners, only the format.
...Take some voice tracked / foreign language station off the air, not oldies!
...Any station that serves a market segment that supports its advertisers has a right to exist, providing it makes a profit,
...All this sale does is prove, once again, that HD radio is a miserable failure
Click to expand...

OXYMORON
: something (as a concept) that is made up of contradictory or incongruous elements.

Also...your xenophobia is showing.
"Texas became a “majority-minority” state in 2004, meaning various ethnic minority populations now outnumber Whites."
http://www.window.state.tx.us/specialrpt/tif/population.html
 
On a side note, over at the Texas board, looks like CC is changing format on oldies 1700AM to Sports.
 
No more than 3% of the availabe listening audience is paying attention to this station. Heck, there's more talk about it on this board than anyplace else. Some of their talent is good, and some of their music scheduling is a bit suspect to me. Oldies/Classic Hits/gold based AC doesn't have a home here because less than 3% of the available listening audience gives 2 rips. The format is served by Magic and BOB FM, which have heritage personalities, research, great promotion/marketing, and veteran sellers to represent the brands. KXBT? Research? Marketing? Joke.

Sirius/XM offers all of the music this station plays, commercial free, with talent that is arguably better. Don't tell me its about local content, either. Reading "today in rock history" and the top headlines from the statesman website, yahoo news, and a prep service doesn't equal compelling local radio.

BOB FM does a great job covering most of these titles, and I'm sure they test the library and know what works--they don't score a 2% or 3% share of the audience.

When you consider that KXBT's 3% is more likely 1% of the total local population, there's not much arguement that the format is a dud. KUTX's AAA format will draw 4-5%--just wait!
 
1700, that's the Brownsville station, right?


Oh and let me take this opportunity to apologize to anyone who might be offended by my post here, once again ensuring that this thread will not "settle like a turd to the bottom."

Forgive us for forcing you to read a thread about a format about which you do not care.

Forgive us for caring that people are losing jobs in private industry due to what is, essentially, a government takeover of a commercial radio station.

Forgive us for daring to listen to and support a radio station that actually programs local and plays music we happen to like.
 
Maize Brothers said:
When you consider that KXBT's 3% is more likely 1% of the total local population, there's not much arguement that the format is a dud. KUTX's AAA format will draw 4-5%--just wait!
Click to expand...

3% in hand is a dud, but 4-5% in the bush excites you? Interesting. They appear to be in the same range.
 
It is not a "government takeover." 98.9 was for sale. UT went through the proper procedures through their board to acquire a station that will be listener supported.

The product on KUTX will be incredibly local and uniquely Austin. While it may not be your musical style, the format being planned is about as local and unique as it gets and something that has a valid role to play in the music culture of the city, while providing more informational and news programming on KUT which has been a growing (and very supported by local listeners) role for public broadcasting.

This is a valid transaction that's leading to more localism and more creativity, not less. A win for Austin.

Most of these stations get bought by larger corporations, or networks such as EMF. You're fortunate that 98.9 will be in local hands.
 
Oh, I'm completely on board with KUT getting a second frequency. I just wish it wasn't this one. And I certainly understand the importance of locally-produced radio. If anyone had to gut what had become a favorite station, then perhaps KUT was the option. Yes, better this than some out-of-market CC wannabe, turning it into some generic satellite format.

However....I genuinely resent private business, with the jobs it creates, being taken over by a government agency. That's what this is, no more, no less. I didn't lose a job because BMP overspent, but quite a few good people have...or soon will. And while I completely understand how capitalism works, I can't help but get mad when people lose their jobs through incompetent management, despite their own talents.

Another burn in all this is the money that KUT wasted, yes wasted on the fiasco of HD Radio. I quit giving to KMFA as well as KUT because of it. But that's for another thread, I guess.
 
Let's say I own a piece of commercial property on a main drag where I run a restaurant. The restaurant is doing middling well, but it's not as profitable as I'd like it to be and I'd like to free up the cash I'd invested in the place a few years ago. So I decide to put the property up for sale and to close the restaurant. If another business operator wants to come buy my property and keep running the restaurant, they're welcome to do so...but nobody's rushing forward to meet my price. Then it turns out that the town where the property is located is looking for a building on the main drag in which to house a new library branch, and there are enough library patrons interested in supporting a new branch that they're willing to pay my price.

Did the town and the library "take over" my restaurant?

Did I have an obligation to continue operating my restaurant until I could find a commercial buyer willing to meet my price?

If that commercial buyer decided they didn't want to run a marginally successful restaurant and instead opened a convenience store or a nail salon instead, is that my problem?
 
Fred...I remember something on the website that said the HD side went blooey (technical term there<grin>) during a storm this summer and that they were waiting on parts.

Scott...to my mind, yes they did "take over" your restaurant. My use of the term does not necessarily mean steal, you can "take over" something by legitimate means as well. Just semantics.
 
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