rbrucecarter5 said:
Meanwhile, KLUV, KONO, KRTH, WCBS keep right on making big bucks on supposedly obsolete music programmed to people with one foot in the grave and the other on a walking stick - who never buy anything and are so set in their ways they will never buy anything new ...
Just so you know, none of those are Oldies stations. They are classic hits stations, and have been gradually eliminating 60's music to avoid appealing only to over-55 listeners.
KLUV has not done particularly well lately in 25-54, and the revenue is falling. Obviously, they will have to continue to contemporize the playlist.
KRTH is the subject of many opinions and rumors about a format switch, as they are "out of the money" in LA... and have hired a new PD to make things improve.
Even KONO, traditionally a very old-music leaning station, has killed a lot of the older stuff and continues to do that.
And, again, advertisers don't think that older consumers do not make purchases. But they do know that the return on investment when advertising to seniors is low or non-existent.