Delta, we recall 96.3 had oldies before they abandoned format for Jack. Oldies 96.3, while pulling down good ratings, had a money conscious demographic. Oldies listeners either had less discretionary income, or were just plain thrifty. Something like top three or four in ratings, but tenth in money demo.
I think Jack made the right choice three-plus years ago. Enter 97.1 who was all too happy to assume oldies. That experiment did not last long, likely for money reasons. If Tower/RQQ is making money or not, somewhere two years ago Cumulus local realized oldies was not a financially viable format--earlier evidence confirmed by Jack. Dropping good times and great oldies was good sense, twice.
Oldies format did not have driect competition. The format is dying, much like the WAMB crowd of long ago. Scott Shannon is doing his best as keeper of the Geritol flame. Even now 101.7 WKOM/Columbia has changed to classic hits. One certain AM station in Gallatin (call letters escape me) dropped oldies as well.
A few days ago I started listening to 94.1 in Memphis. They flipped to Classic Hits last Friday. Its not like the dreaded Clasic Hits format that has been revived time and time again here. Its like they took the Oldies and Classic Hits format; Put them together and repackaged them
With the exception of 7 until midnight when they run Tom Kent they have local jocks. They even have an over night jock.
It sounds like a format that may be on its way to Nashville. I don't know which company could do it right. I might listen to it if say XM goes away.
The URL to the station in Memphis is:
http://www.941kqk.com.