B
Bob_Hudson
Guest
Looking at the recent news about Clear Channel firing three KOGO newscasters, led me to some Google searches for Airwatch, Clear Channel's traffic reporting arm.
For those who may not know it, Airwatch was started in San Diego by Steve Springer, a former KSDO reporter who, along with Monica Zech, was one of San Diego's first traffic reporters, working for the Auto Club.
Springer worked the typical traffic reporters split shift and started hanging out in middays at the old KGB studios on Engineer Road, purportedly to help gather some news for AM 1360 which had just switched from KGB-AM to KCCN, all news.
It was during this time that Steve, working with KGB GM Jim Price, came up with the idea for Airwatch. As I understand they got some other San Diegans, including a couple of radio GM's, to invest in it so they could acquire the aircraft (I think they ended up with a helicopter and one fixed wing, both of them probably leased). Airwatch eventually expanded to Los Angeles as well as San Diego.
Well when Jacor came to town in 1997 and started buying up everything in site, they snapped up Airwatch for $16 million in cash. Steve became a multi-millionaire from that deal and needless to say, no longer had to bother with radio announcing to pay the bills.
Until today the last I'd about Steve Springer was a rumor that he had bought a big yacht right after the sale and sailed off into the sunset.
Today, I ran across two newspaper articles that ran last fall - Sept. 2007 - reporting on the sale of a downtown San Diego condo for $7.5 million! The seller, they reported, was Airwatch founder Steve Springer. The San Diego Union said he sold because he was "moving to a home in the Dominican Republic."
I think he and Jack Vincent are the only two guys to ever actually retire from radio in San Diego.
For those who may not know it, Airwatch was started in San Diego by Steve Springer, a former KSDO reporter who, along with Monica Zech, was one of San Diego's first traffic reporters, working for the Auto Club.
Springer worked the typical traffic reporters split shift and started hanging out in middays at the old KGB studios on Engineer Road, purportedly to help gather some news for AM 1360 which had just switched from KGB-AM to KCCN, all news.
It was during this time that Steve, working with KGB GM Jim Price, came up with the idea for Airwatch. As I understand they got some other San Diegans, including a couple of radio GM's, to invest in it so they could acquire the aircraft (I think they ended up with a helicopter and one fixed wing, both of them probably leased). Airwatch eventually expanded to Los Angeles as well as San Diego.
Well when Jacor came to town in 1997 and started buying up everything in site, they snapped up Airwatch for $16 million in cash. Steve became a multi-millionaire from that deal and needless to say, no longer had to bother with radio announcing to pay the bills.
Until today the last I'd about Steve Springer was a rumor that he had bought a big yacht right after the sale and sailed off into the sunset.
Today, I ran across two newspaper articles that ran last fall - Sept. 2007 - reporting on the sale of a downtown San Diego condo for $7.5 million! The seller, they reported, was Airwatch founder Steve Springer. The San Diego Union said he sold because he was "moving to a home in the Dominican Republic."
I think he and Jack Vincent are the only two guys to ever actually retire from radio in San Diego.