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The future of the Boston Entercom cluster

Fenway1912

Fenway1912

Entercom Boston was created when the Justice Department told CBS they had to sell some outlets after they bought American Radio.

Entercom got 2 strong AM's (680 and 850) - a weak AM regional in Worcester (1440) - and two FM rimshots 93.7 and 107.3. They would later buy 97.7 to augment 107.3 in Boston and the South Shore.

Today the 2 AM's make National Grid happy with power bills and as a whole do the FM's make money?

Seriously does this cluster show a profit now? I don't think they do.

Could we see Entercom selling the cluster just to get out? I think it it probable.
 
Fenway1912 said:
Could we see Entercom selling the cluster just to get out? I think it it probable.
Click to expand...

It's also possible that Entercom could do a trade with another group owner for somebody else's cluster in another city.

That sort of thing has been done before.
 
I would hardly call 93.7 a rimshot. It's only a few miles further from the Common than the Newton FM's.

I'll bet WEEI makes plenty of money.
 
Probably makes a lot of money but Fenway1912 has mentioned they supp. lost $3 million on Sox contract last year. When it was negotiated in '06 the rumor was $20 mil per year but supposedly it was closer to $14M, and some time later there was a vague report of them re-negotiating terms. Entercom soon had one or two situations (Manch/Nashua NH at least) where they had to play hardball with Sox affiliates to get their money.

As the 1985 hit song said, money's too tight to mention.
I thought I heard years ago EEI made $30 mil a year or so but you wonder how much money
they're losing with the PPM numbers, dissatisfaction with the Sox, the ad market etc. So yeah they make money but times have changed. Agreed about 93.7's signal which does fairly well and there are other stations like 103.7 to help out.

I think there's some sort of site that reports every year what stations make...? A business site maybe.

Ordway, before: $1 mil a yr
Ordway, after: $500k yr
New host: $100k yr reportedly.

Money's too tight to mention.
http://www.youtube.com/watch?v=04zwhjRiCbo
 
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