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Tanger to make offer to CRB

From <a target="_blank" href=http://www.boston.com/business/articles/2005/10/29/biogen_revises_warning_label_for_cancer_drug/>http://www.boston.com/business/articles/2005/10/29/biogen_revises_warning_label_for_cancer_drug/</a>:
Woody Tanger is offering "substantially more than $50 million" to Charles River Broadcasting for WCRB and "its sister stations".

This seems like either the Globe got its facts wrong again, or Tanger's offer is "substantially" low. WCRB is worth an estimated $100m itself, plus around $10m for the Cape Cod stations (judging by the Boch to Qantum sale for $21m), and a few million for the Rhode Island stations.
 
Yes, WCRB-102.5 may indeed by worth much more than Woody Tanger's reported offer.

But since Tanger has said he would continue programming classical music on WCRB, current owner Charles River Broadcasting may accept the offer, and might insert a clause in the sale agreement which would force Tanger to keep WCRB's clasical music format for the duration of his ownership.

Unlike the case with WCRB, I don't think there is anything on paper that would prevent a buyer of sister station WFCC-107.5 on Cape Cod or WCRI on Block Island from changing the format of either station should they be sold.
 
> Yes, WCRB-102.5 may indeed by worth much more than Woody
> Tanger's reported offer.
>
> But since Tanger has said he would continue programming
> classical music on WCRB, current owner Charles River
> Broadcasting may accept the offer, and might insert a clause
> in the sale agreement which would force Tanger to keep
> WCRB's clasical music format for the duration of his
> ownership.


Judging by the comments in the latest BRW, it doesn't really seem that Charles River Broadcasting gives much of a hoot whether the new owners keep the classical format or not.

My thoughts: I can't see Tanger getting away with 5 stations, one being a powerhouse Class B in a top-10 market, for around $50m. If the offer is really "substantially" more, in a literal sense, then perhaps something will happen.
 
LOL.. here's an idea...........

Move the classic back to 104.9 and put the oldies on 102.5 ;)
 
> From
http://www.boston.com/business/articl> es/2005/10/29/biogen_revises_warning_label_for_cancer_drug/:
>
> Woody Tanger is offering "substantially more than $50
> million" to Charles River Broadcasting for WCRB and "its
> sister stations".
>
Many people posting opinions on WCRB, its history and future (if any), don't know much about classical music. They regard it as just a radio station format, but the entity itself exists outside of and far transcends radio. WCRB has been a very, very BAD "classical music" station for over a decade now. In other markets, at least one similar in size and makeup to Boston, i.e. Seattle,
there are commercial stations that do a far better job. At this point, no full-signal "classical" FM is worse than WCRB; the South Street snoozer can be mentioned in the same breath with Washington, DC's WGMS and San Francisco's KDFC, both equally dreadful. The question is, if WCRB or a successor station discontinued the kind of watered-down, dumbed-down "classical music" for another format entirely, could non-comm WGBH-FM do a 180 and ADD hours of classical, including SOME nighttimes? Let's say jazz could continue as-is Monday, Wednesday and Friday, but WGBH then could run recorded classical music of high-quality, including and especially new releases to give them the proper coverage, on Sundays, Tuesdays and Thursday evenings (jazz could stay overnight) plus the Metroplitan Opera on Saturdays. There's already a possible precedent for this...I just received the new WGBH members magazine, and on Friday, November 11th, that evening's jazz will be pre-empted for a live concert by a choral group called the Cantata Singers. I don't know if WGBH-FM is doing this for the whole Cantata Singers season or just the November 11th concert because the piece being performed, Verdi's "Manzoni Requiem", is so incredibly popular (WCRB never plays it). Ok, all of this is just speculation (something that never happens on the radio-info Boston board)until a sale is or is not consummated, but it's one reasonable possibility if WCRB goes away.
 
> > From
> http://www.boston.com/business/articl>
> es/2005/10/29/biogen_revises_warning_label_for_cancer_drug/:
>
> >
> > Woody Tanger is offering "substantially more than $50
> > million" to Charles River Broadcasting for WCRB and "its
> > sister stations".
> >
> Many people posting opinions on WCRB, its history and future
> (if any), don't know much about classical music. They
> regard it as just a radio station format, but the entity
> itself exists outside of and far transcends radio. WCRB has
> been a very, very BAD "classical music" station for over a
> decade now. In other markets, at least one similar in size
> and makeup to Boston, i.e. Seattle,
> there are commercial stations that do a far better job. At
> this point, no full-signal "classical" FM is worse than
> WCRB; the South Street snoozer can be mentioned in the same
> breath with Washington, DC's WGMS and San Francisco's KDFC,
> both equally dreadful. The question is, if WCRB or a
> successor station discontinued the kind of watered-down,
> dumbed-down "classical music" for another format entirely,
> could non-comm WGBH-FM do a 180 and ADD hours of classical,
> including SOME nighttimes? Let's say jazz could continue
> as-is Monday, Wednesday and Friday, but WGBH then could run
> recorded classical music of high-quality, including and
> especially new releases to give them the proper coverage, on
> Sundays, Tuesdays and Thursday evenings (jazz could stay
> overnight) plus the Metroplitan Opera on Saturdays. There's
> already a possible precedent for this...I just received the
> new WGBH members magazine, and on Friday, November 11th,
> that evening's jazz will be pre-empted for a live concert by
> a choral group called the Cantata Singers. I don't know if
> WGBH-FM is doing this for the whole Cantata Singers season
> or just the November 11th concert because the piece being
> performed, Verdi's "Manzoni Requiem", is so incredibly
> popular (WCRB never plays it). Ok, all of this is just
> speculation (something that never happens on the radio-info
> Boston board)until a sale is or is not consummated, but it's
> one reasonable possibility if WCRB goes away.
>
Well, if the classical format were to move to an HD Radio subchannel, which would be audible only to those who spent the money to buy not merely HD Radios but HD Radios capable of receiving the sub-channels, the listenership would be resticted to a very small and presumably elite coterie of snobs, such as yourself. For such a group, the broad-appeal classical programming would probably not be appropriate. Instead, you'd be likely to be treated to such stuff as full-length performances of Wozzek--or maybe even the complete, unexpurgated works of Alben Berg. Since you would probably be the only listener, WCRB might even engage you to program the sub-channel! If the signal should ever receive as much as a 0.1 share, you'd know you were failing and I'm sure you could find something even more esoteric--perhaps so esoteric that even you wouldn't listen. Then you'd KNOW you had succeeded. Hey, here's an idea: why don't you buy an iPod and fill the hard drive with the complete, unexpurgated works of Alben Berg and the like? Listen to you heart's content! Knock yourself out! Just spare us from your elitist claptrap. Since you already KNOW how much better you are than the rest of us, why must you keep sharing?
 
> LOL.. here's an idea...........
>
> Move the classic back to 104.9 and put the oldies on 102.5
> ;)
>


woody no longer owns 104.9, according to the website it's still owned by a Tanger though.
 
104.9 WBOQ and 1450 WNBP are owned by Todd Tanger.... Woody's son...
 
If Tanger buys WCRB he will probably make it the flagship of the Beethoven.COM Internet Music station instead of AM 1290 WTMI in Hartford, Connecticut. Beethoven.COM is called Classical Music Without the attitude. And maybe he'll flip 102.5's calls to WTMI-FM. I think I read when they changed AM 1290 Beethoven Radio's calls from WCCC to WTMI they said they hope to use those calls on an FM Classical Station again some day. Listen to Beethoven Radio.
 
> Well, if the classical format were to move to an HD Radio
> subchannel, which would be audible only to those who spent
> the money to buy not merely HD Radios but HD Radios capable
> of receiving the sub-channels, the listenership would be
> resticted to a very small and presumably elite coterie of
> snobs, such as yourself. For such a group, the broad-appeal
> classical programming would probably not be appropriate.
> Instead, you'd be likely to be treated to such stuff as
> full-length performances of Wozzek--or maybe even the
> complete, unexpurgated works of Alben Berg. Since you would
> probably be the only listener, WCRB might even engage you to
> program the sub-channel! If the signal should ever receive
> as much as a 0.1 share, you'd know you were failing and I'm
> sure you could find something even more esoteric--perhaps so
> esoteric that even you wouldn't listen. Then you'd KNOW you
> had succeeded. Hey, here's an idea: why don't you buy an
> iPod and fill the hard drive with the complete, unexpurgated
> works of Alben Berg and the like? Listen to you heart's
> content! Knock yourself out! Just spare us from your elitist
> claptrap. Since you already KNOW how much better you are
> than the rest of us, why must you keep sharing?
>
The HD nonsense might just be a bone for people who would be upset about a flip after sale.
Since there is no hardcore provision to keep WCRB classical(even though over a decade ago listeners were made to beleive there was such a provision)whatever happens ,happens.
WCRB was a better station in the early 90's,the overnight DJ was live and had the freedom to play much longer works,last time I listened it was recorded and same 3 minute pop fluff they play all day long.
I don't think it is Elitist to question why vocal works are not played on a Classical station.
I like WHRB the best for Classical music.
 
> If Tanger buys WCRB he will probably make it the flagship of
> the Beethoven.COM Internet Music station instead of AM 1290
> WTMI in Hartford, Connecticut. Beethoven.COM is called
> Classical Music Without the attitude. And maybe he'll flip
> 102.5's calls to WTMI-FM. I think I read when they changed
> AM 1290 Beethoven Radio's calls from WCCC to WTMI they said
> they hope to use those calls on an FM Classical Station
> again some day. Listen to Beethoven Radio.

I doubt that Tanger will change the calls if he purchases WCRB. The WTMI letters are the remains of a Miami classical powerhouse (today's 93 Rock) that Tanger once owned. WCRB is the long-lasting classical station in Boston that has never had any interaction by Tanger, and it would lead to unneeded listener confusion if he changed the calls for basically no reason.

As for Beethoven.com? I wouldn't be surprised if Tanger linked WCRB together with Beethoven.com in some way, were he to acquire WCRB.
 
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