Tom Leykis is not on any FM Music stations that I am aware of in Seattle, but to the point. Seacrest show is a brilliant move by Clear Channel, as is their evening syndication and national morning show syndication, in my humble opinion. Let's do the math:
Seacrest is paid ten million for syndication.
Clear Channel is clearing the show on 400 stations including all of the top twenty.
The station provides 4 units an hour which Clear Channel sells across the syndication for 10,000 to 20,000 dollars per unit. ( a great value since an LA spot alone could cost 2 grand)
That is 80,000 an hour, 240,000 a day, 60,000,000 a year. 40,000,000 profit less the 10,000,000 to Seacrest and commissions.
That doesn't count the cost savings in each market for eliminating talent. You may not like the national syndication parameter, but it makes money. Seacrest will clear 40,000,000 for Clear Channel after expenses. Ratings are not critical. As long as KBKS can generate a 2 share 18-34 in mid-days the model works because it is a national aggregate rating CPP. In mornings the dollars are even greater for syndication and the cost savings to each market greater.
Get it now. The national chains will syndicate reducing costs locally and create a high margin revenue stream nationally. In major markets they will use two or three stations in a cluster for syndication and keep a couple local based. In small markets all will be syndication. Game, set, match! Localism loses but this all about dollars in my humble view.