50kguy said:
Stern delivers a big audience, but not a highly desirable one. His core is blue-collar men 18-34, a group really hit hard lately. If they don't have money to spend, advertisers won't want to reach them.
He actually trends well with under-25 M blue-collars
and M college students/graduates 18-34. While the former are certainly "hit hard", the latter haven't been shy about ponying up for Stern on satrad. There might be a narrow selection of advertisers looking to hit that target market, the ones that are interested -- record companies, tour promoters, alcohol distributors, restaurant chains, "mistake" specialty products (Wrecking Ball, ResQ Water, etc.) -- are
extremely interested in the market. Note that Howard 100/101 has little trouble selling ad time in a supposedly down market.
50kguy said:
As the AP story said, he's coming out of a big contract. Clear Channel can afford Rush because he delivers: high-dollar spots, desirable listeners and excited affiliates. Stern would struggle in all of those categories. Broadcasters used to be able to absorb a high-cost show by hoping to make up for its cost in other dayparts. Those days are gone. (Any TV station manager who expresses sorrow about Oprah's departure is fibbing.)
If Stern went back to terrestrial
and promised to deliver 44 weeks a year of five live four-hour-plus shows a week, there's no way there
wouldn't be "excited affiliates" fighting each other for carriage in their respective markets, or a dearth of national and local companies wanting to be associated with the Stern brand.
As for Harpo... ask the folks at KTVK who've built their entire sked around Oprah and her merry band of Oprah-esque "talents" and spin-off yakkers how thrilled they are about having to blow up their entire brand in less than two years.