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Two stations sign off in Peoria

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Two Peoria radio stations, WOAM 1350 and WPMJ-FM 94.3, will not be on the air Friday after their abrupt closing by station owner Bob Kelly "for financial reasons."

Radio staff members were informed Thursday morning that it would be the last day for broadcasting from studios at 3641 N. Meadowbrook Road, where both stations are located, said Roger Monroe, co-host of WOAM's "Breakfast with Royce and Roger." [EDIT]
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I know that stations do go dark, never to be heard from again. But they are usually the fringe players or from towns that are dwindling in size. WOAM (nee WEEK) has a significant history in Peoria. It was a major player at one time.

I have been wondering when our financial troubles will have us see more and more of this kind of thing. When chains start to have difficulty raising Capital and decide putting out a signal is the only way to save money. I can think of a handful of "rim shots" that could eventually fit this bill.

Can you?




http://www.pjstar.com/homepage/x282356814/Peoria-radio-stations-to-close
[EDIT-originating material is copyrighted. Url provided as a courtesy to other users.]
 
Yes, the AM station had a significant history. Its most successful years were as country powerhouse WXCL. Being Peoria's lowest powered AM station, its signal just doesn't cover the Peoria area very well. This could be due to lack of maintenance, or the fact that they just don't make AM radios like they used to. You could also say that 94.3 is a 'rimshot', and has never been a huge player in the Peoria radio market either. It's been through so many call letter changes and format flips that you'd be hard pressed to find anyone that kept track of them.

As far as the company goes, on one hand, you could say the owner fell victim to the economy that's affecting the entire country, especially the radio industry. On the other hand, Bob Kelly and his company has fallen victim to his own misdeeds to his employees over the years. As they say, "Karma is a funny thing." Unfortunately his former employees are now the victims.
 
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