As has been previously mentioned, the Salem building in Altamonte Springs is for sale. Additionally so is one of their stations, WBZW on 1520. I saw that in a search for available stations in Florida. They are asking $1.25 million for the station, which is probably more than 2.5 times its worth! The transmitter site real estate is no doubt worth more than the station. Apparently nobody at that building even bothers to listen to their own product! The SAME Friday night interview program has been running for TWO MONTHS! Its someone interviewing an author about a Jack Dempsey fight from decades ago!!!
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Salem IS Selling In Orlando...I Can See Why!
- Thread starter DOGDOG
- Start date
Salem still has CP out to reduce the nighttime power of WBZW from 350 watts to 110. Someone posted a while back that they were doing this in order to get an FM translator. It just goes to show how much they care about this station. The CP expires March 24, 2019. I believe the transmitter sight (and the studios once upon a time) is located nearby or on the West Orange trail.
Actually the transmitter site is located along Sheeler Road. There are some new housing developments in that area which makes me wonder if the real estate is worth more than the real value of the station. It's a sad case when even the management of a station doesn't even listen to their own product! Mike Serio might have done insight about all this. I think he used to work there many moons ago and he still hangs out on this board once in a while.
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You are 100% correct about that CP! Oh, but wait...there is more! But first, let's take some bets as to how much longer that interview program will continue to run...the same interview...which has run at least TWO MONTHS now! I tuned in this past Friday and guess what? Yep! Same unchanged interview! It gets better! The program which comes on after it at 7PM is another interview program about high school sports. The SAME program ran again this week which was on LAST WEEK! It was about some breaking news of a coach resigning! So then...the "more" is this: Salem, that great bastion of Christian truth, integrity and honesty was fined $10,000 by the FCC because of an improper transfer of control of a Texas station! Just goes to show you, you can "market" or "image" your station to anything you want in order to make the sale!!!
I cannot get 1520 in my part of Orlando at night, guess I would have to listen to their stream. Anyway according to WBZW's website the 6:00PM show on Friday's is Hometown Conversations with Pat Williams, which states that it's archives of past programs (I guess it should read archive of past program). The 7:00PM show is called Bucket Strategy Investing. I don't see why they just don't run Bloomberg Radio off the bird instead of repeating the same shows. At least it would be something different for the 3 listeners they have.
Isn't that stuff all brokered anyway? If your client only sends you one tape you're kinda stuck with it.
That's a good point but I just don't think that's applicable here. There are no Pat Williams commercials and he isn't selling anything. But you do make a good point! As a side note...speaking of so-called brokered programing...how many here remember those FAKE MEDICAL programs called infomercials where the Sea Silver scam originated? That was just another con-game promoted by con-artists posing as medical doctors who suddenly found the magic pill to cure diabetes, cancer, aids and every other illness. So called Christian stations couldn't wait to get on the bandwagon to promote this garbage!!!
Keep in mind these aren't Christian stations. They are commercial radio stations owned by a profit making publicly traded company.
Christian stations are more likely non-commercial stations that operate with listener donations.
Right! They are "Christian Enough" to make the sale. You are also right for the non-profits, I can think of a few big chains like that. Of course, I am NOT including those "non-profits" which take in huge donations to pay a few people at the top a huge salary while circumventing tax laws.
Typically the ones that pay high salaries do it with corporate money, not listener donations. They get that money in lieu of stock options they'd receive in the for-profit world.
Non-profit non-commercial stations are not "circuventing tax laws". The tax laws were written to take into account organizations whose goal was to provide some type of service and which were not investor owned. So non-profit companies are strictly following the law.
When a non-profit pays a competitive salary to key employees, they do that because otherwise it is unlikely that they would find the caliber of personnel that they need to provide the service they want to give... whether it is in radio or cancer research.
In theory, some of that is correct. However, we all have seen cases of people set up a NP. They are the owners of the alleged NP. They take in contributions and pay themselves obscene amounts of money while the rest of the people working for the alleged NP are making peanuts or even volunteering to get even more money for the owners of the NP. Very little of the money is used for the stated purpose of the NP...just enough to satisfy the law. On the other hand, I was blessed to know the interworkings of a REAL NP where nobody took a salary and all the money went to the stated purpose of the NP. That NP actually helped people and STILL is helping people and guess what, NOBODY is getting rich. The sad thing is we've all seen examples of people using religion as a con-game for the preacher (s) to get rich quick and provide an air conditioned dog house.
You're now talking without specifics. Hard to comment about something without specifics.
In the case of Salem, it's not a NP.
So the head of a non-profit takes a salary. That salary is taxable, just like yours or mine.
The real facts are such that the preacher, pastor or minister of most churches represents the largest salary amount for many religious non-profits. Decent salaries are a requirement to get good people in any field of endeavor.
And outside of churches, look at groups like foundations: about their only expense is an office and a staff as they usually gather money or administer a grant or bequest and have very competent investment experts administering the endowment or funding and, often, very successful fund raisers looking for more. Such foundations tend not to "do" anything except determine what other organizations get the benefit of their grants.
And so on...
I've run lots of brokered shows that were just people with money to burn who wanted to play radio. Prevent Ear Mites NOW with Dr Totally Realguy and His Super Silver Solution is the bulk of them, there's also a lot of folks who just do it because they're not ready to take the big leap into making that buck fifty an hour to actually work in radio like us cool high rollers
I see repeating the same program for weeks at a time must be their procedure! They ran for several months a program about the Stanley Cup and now for over a month, they've repeated an interview by a former baseball commisioner. If any of us walked in there they would probably put on an act as to how professional they are. However, nobody from management even listens to their own station! Just how sorry is THAT?
Just saw that Salem is selling 660 and its translator at 105.5 to JVC Media: https://radioinsight.com/headlines/178976/jvc-media-acquires-105-5-the-answer-orlando/
From what I read, it sounds like Salem will move the WORL calls and format to its existing 990 AM
From what I read, it sounds like Salem will move the WORL calls and format to its existing 990 AM
Well that's interesting. I liked listening to an occasional Rays game on 660. Is Salem still trying to sell 1520 WBZW? Guess no one wants that one. And now the speculation begins as to what's happening with all of this format wise. Will Salem move their answer format to 990/101.5 and move the Spanish Christian to 1520, or will the answer go there, or maybe Orlando will have no answer at all : )
As for the new 660/105.5, would this now become the new Bud 105.5/660/103.1HD2?
As for the new 660/105.5, would this now become the new Bud 105.5/660/103.1HD2?
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