• Get involved.
    We want your input!
    Apply for Membership and join the conversations about everything related to broadcasting.

    After we receive your registration, a moderator will review it. After your registration is approved, you will be permitted to post.
    If you use a disposable or false email address, your registration will be rejected.

    After your membership is approved, please take a minute to tell us a little bit about yourself.
    https://www.radiodiscussions.com/forums/introduce-yourself.1088/

    Thanks in advance and have fun!
    RadioDiscussions Administrators

state of radio biz and true confessions

dumber than a box of hair said:
Finn said:
aw come on guys, you gonna make me confess that I check in on maloney's baloney from time-to-time? ???

aaarrrrggggg!!!!!!!!

well, here's the link and yes, I got it from savewrko.com :'(

http://www.thestreet.com/video/10402694/cramer-its-over-for-radio-stocks.html#10402694
Click to expand...

Cramer may be right.

OTOH, a stopped clock is still right twice a day.
Click to expand...

Hmmm. Not exactly sure what THAT means, so how about this. Radio stocks. Sell? Hold? Buy?
 
It means WRKO is managed competently for 2 minutes each day.
 
Finn said:
dumber than a box of hair said:
Finn said:
aw come on guys, you gonna make me confess that I check in on maloney's baloney from time-to-time? ???

aaarrrrggggg!!!!!!!!

well, here's the link and yes, I got it from savewrko.com :'(

http://www.thestreet.com/video/10402694/cramer-its-over-for-radio-stocks.html#10402694
Click to expand...

Cramer may be right.

OTOH, a stopped clock is still right twice a day.
Click to expand...

Hmmm. Not exactly sure what THAT means, so how about this. Radio stocks. Sell? Hold? Buy?
Click to expand...

Well, Entercom is mentioned by name as having been recently upgraded, and according to Morningside is slightly better than the rest of media group, and Reuter's consensus has it between a 'hold' and 'outperform.' Cramer seems to think it is a decent yield play, with around a 12% yield based on its current price. I can't see much of a downside at 12 bucks, since that is undoubtedly well less than melt value for the company. Cramer's brief seems to be mainly against Clear Channel, but since CC never declined to give Maloney a gig, it doesn't rate a SaveWRKO mention. Just looking at the financials and where the stations are located, Entercom would seem to be the best pure radio station play out there. I think the consensus on the industry itself is 'hold.'

Cramer's clip does contain a couple of non-sequiturs which could use some expanding on, the usual Cramer self-aggrandising BS, and his remark about arrogant executives is pretty silly, since the ranks of execs who've built small operations into large ones in cutthroats businesses is not exactly fills with shrinking violets.

But, when it comes to picking stocks, like picking winning football teams, 'nobody knows nothing.'

Regards,
TSB
 
more on satellite and cars

http://insideradio.com/pdheadlines.asp?phid=533567&PT=Today's+Top+Stories

Chrysler commits to Sirius through 2017.

America's fourth-biggest car retailer will remain an exclusive stopping group for Sirius, as it signs a new multi-year a distribution agreement covering its Chrysler, Jeep and Dodge brands. The goal is to offer Sirius as a factory-installed option in more than 70% of cars built by Chrysler. It will also expand its distribution of Sirius' traffic and backseat TV products.
 
It is also interesting to note that while TSL is on the decline, overall cume is still well over 90% per week. Also, I read a study (might have been RAEL or RAB though) that said that people with satellite radios still spend more time listening to terrestrial radio. The audience may be eroding, but not at a disasterous pace, and some game changing, winning ideas could stem the tide somewhat.

Also, Cramer neglects to mention the other part of the satellite puzzle. Other than local traffic, there is no opportunity for local advertisers on satellite radio. So they are competing for listeners, but not really advertisers at this point. I would be more concerned with Wi-Fi becoming prevalent in cars than satellite, but that is a subject for another thread. Satellite (or wifi for that matter) can threaten unimaginative talk and music formats and steal some listeners, but localism and creativity still favor terrestrial radio. Every piece of news research I have ever seen lists the top three viewer interests as Weather, Breaking News, Coverage of the Area Where I Live. Terrestrial has the edge in 2/3 of those. Yes, I recognize that news is inherently older skewing and radio needs to establish its place with the younger demos, but that is where I leave the game changing, winning ideas called for above to minds greater than mine.

And yes, it was pretty funny that Entercom's biggest fan managed to turn a faint compliment from Cramer before he got to his main point into a damnation of Entercom and its CEO. Perhaps Brian is preparing a post that links Jason Wolfe to HGH...can't wait until he blows the lid off another WRKO scandal with his reliable sources and spot on analysis.
 
Dark Knight said:
Satellite (or wifi for that matter) can threaten unimaginative talk and music formats and steal some listeners, but localism and creativity still favor terrestrial radio. Every piece of news research I have ever seen lists the top three viewer interests as Weather, Breaking News, Coverage of the Area Where I Live. Terrestrial has the edge in 2/3 of those.
Click to expand...

Wouldn't wifi also have localism? In fact, won't wifi be the ultimate challenge? I can broadcast local radio from my closet via wifi to your car (not that I'd expect you to listen long, Dark Knight). Local without the constraint of the transmitter, so anyone can broadcast a show about Boston College or Somerville High School and get local ads for that. Plus, the whole idea of google getting into cellphone software is to tailor ads to the location, so a national show could still be paired with local ads cuz your wifi radio in your car is smart enough to know where you are.

Dark Knight said:
And yes, it was pretty funny that Entercom's biggest fan managed to turn a faint compliment from Cramer before he got to his main point into a damnation of Entercom and its CEO. Perhaps Brian is preparing a post that links Jason Wolfe to HGH...can't wait until he blows the lid off another WRKO scandal with his reliable sources and spot on analysis.
Click to expand...

Re Maloney - he was guest on Tom Ashbrook's On Point earlier this week and was described thusly: "conservative analyst and author of the blog radioequalizer, closely tracking conservative talk radio and the Republican Party"

http://www.onpointradio.org/shows/2008/02/20080211_a_main.asp
 
Good points re: local web content being able to distribute local ads. While The Long Tail certainly allows many more entities entre to the business, you still need a fair amount of resources to aggregate good content and a sales force. I suppose we could see a death of a thousand cuts from a lot of small local providers, but how many people will be able to monetize it to a level where they can sustain their product? How big will they have to get before they compete with the local radio stations that still deliver decent guests? Other than a distribution system owned by the Pats, I don't think we'll hear Belichick on "Joe's Boston Sports Report.com" rather than or in addition to WEEI any time soon.

And why wouldn't I listen to your web channel? Give me something compelling and I'll give it a shot!
 
Status
This thread has been closed due to inactivity. You can create a new thread to discuss this topic.


Back
Top Bottom