"We all know what its going to be so what difference does it make anyway? It's just going to be another wasted signal in the bay area! Which is just what the big radio companies want it to be, just that much less competition in the market place."
A number of people said the same thing when it was first announced that Immaculate Heart would buy 1260 - that somehow it was arranged by the "big companies" to stifle competition, or at least, that the "big companies" are worried about potential competition from 1260.
C'mon - it's a low power, low fidelity AM signal that couldn't possibly be competition for any of the FM (high fidelity stereo) music stations. So - then - competition for what? The other talk stations? I guess yet another talk format with yet more syndicated programming could pull a fraction of a rating point away from KGO, KSFO, KNEW, KTRB, and The Quake or The Green, or whatever it's called now, but it wouldn't have made much of a dent. Salem could probably benefit from a stronger signal than 1220 for Michael Medved and Hugh Hewitt, but it still wouldn't be much competition for the stronger Citadel/ABC and Clear Channel talk formats.
Another all-news station? There's a non-starter. Anybody remember 1310/KFYI? And that was back in the 80s when more people listened to the AM band. The two all-news AM stations in LA have very low ratings, but they can probably still sell ad time because market #2 is so huge.
If it's true what David Eduardo and others are saying about AM, the "big companies" will be moving their high rated AM formats to the FM band over the next decade. Then the AM band will be almost exclusively religious, foreign language (but not Spanish), and possibly a few other fringe formats. More podcasts? Maybe "underground" radio will come back - this time to AM. Who knows - that might end up being good for local radio in the long run.