WBWorld's number 3 buyout?

[RFLA]

Found this while surfing one of the other boards.... OOPS, Cat's out the bag....

http://www.radio-info.com/mods/board?Post=510840&Board=houston

Clear Channel sells WQUE,WYLD,And KHEV (formally KSTE) to Radio ONE (Who call themselves the Urban Radio Specialists)



No other info known.....Or even if this is true

RFLA

 

[mightynine]

> Clear Channel sells WQUE,WYLD,And KHEV (formally KSTE) to
> Radio ONE (Who call themselves the Urban Radio Specialists)

C'mon. You really think CC would sell those, especially Q and WYLD? And the guy also gets 104.1's new nickname wrong.

I smell a cow pattie.

 

[modrockfan]

It's not true. It's ridiculous is what it is. You don't get rid of the #1 station in the market if you plan on staying there.<P ID="signature">______________
Crescent City Radio Connection
Zephyr Radio</P>

 

[RFLA]

> It's not true. It's ridiculous is what it is. You don't
> get rid of the #1 station in the market if you plan on
> staying there.
>


I put it on here to see if it had merit, that is with the question mark in the subject and the phrase about not being able to verify...

But In the world of radio, enough money can get you anything (just look at KLRZ), but yeah It would be weird to sell your two top rated stations and the one you need control over to make the 103.7 move to Westwego a reality.

RFLA

 

[TheBigTymer]

There's only one deal that will surprise me...

...and that's if 'TIX-FM is sold.<P ID="signature">______________

<a target="_blank" href=http://www.thebigtymer.com>The BigTymer </a>
</P>

 

[Stelly]

> Found this while surfing one of the other boards.... OOPS,
> Cat's out the bag....
>
ht> tp://www.radio-info.com/mods/board?Post=510840&Board=houston
>
>
> Clear Channel sells WQUE,WYLD,And KHEV (formally KSTE) to
> Radio ONE (Who call themselves the Urban Radio Specialists)
>
>
>
> No other info known.....Or even if this is true
>
> RFLA
>

Honestly (and I don't think I'm alone in the least in saying this) I think the third "big sale" will involve KNOU. At this point, with On Top's financial woes and the recent file for bankruptcy, I think it's merely a matter of to whom and how much.

On Top has been losing stations left and right lately: their LMA in Virginia Beach was terminated under bad terms (the station was sold and went AAA as "the Tide",) WJXN/Jackson was sold to Jimmy Swaggart and flipped to religious, and as far as I know, their entire Albany, GA cluster is silent (I say "cluster," but it's maybe two stations at the most.)

From my point of view, it appears that Hedgwood bit way too much more than he could handle. For instance, to keep Marathon from selling KNOU to another buyer, he shovelled enough cash at them to keep U104-5 commercial free for almost a year. Plus, On Top had elaborate on-air promotions and giveaways that had to eat away at their budget not at just Hot 104.5, but all of their stations. It seemed that Hot 102.1/107.9 in Virginia was always handing out large sums of money.

On the New Orleans front, I think that if Hedgwood wasn't so hard-headed to force his corporate branding and format strategy, and kept KNOU as Rhythmic Top 40 "U104.5," he would have been able to make a little more headway into the market and made more of a return on investment rather than shifting to Hot 104.5 and trying to take on #1 WQUE head-on. But that's just me. And I'm nothing close to a radio executive, so take that with a grain of salt, if you will.

Stelly

PS, speaking of which, a new station popped up in Tyler, Texas with a variety Rhythmic AC format (a'la Diva?) On the surface, it may not read much, but look at the consultant's track record... http://www.radio-info.com/mods/board?Post=511338&Board=texas . Sure, he lists Jerry Clifton (creator of the CHR/Rhythmic format?) as an understudy, but he also lists Hedgewood and Alan Sneed (absolutely horrid Alternative/Modern Rock consultant)... so, it doesn't seem so hot afterall.<P ID="signature">______________
AMFMAcadiana: http://www.amfmacadiana.com</P>