• Get involved.
    We want your input!
    Apply for Membership and join the conversations about everything related to broadcasting.

    After we receive your registration, a moderator will review it. After your registration is approved, you will be permitted to post.
    If you use a disposable or false email address, your registration will be rejected.

    After your membership is approved, please take a minute to tell us a little bit about yourself.
    https://www.radiodiscussions.com/forums/introduce-yourself.1088/

    Thanks in advance and have fun!
    RadioDiscussions Administrators

WGLM Lafayette = Radio Disney

J

Johnson1234

Guest
Think about it!!!!!!! Solid music, Solid Programming, take the legs out from the other Popular music stations in town, Revenue, Promotions...... WGLM Lafayette = Radio Disney. As a radio person, without kids, even I listen to Radio Disney and I would in Lafayette also.
 
Johnson1234 said:
As a radio person, without kids, even I listen to Radio Disney and I would in Lafayette also.
Click to expand...

If you were a radio person, you would know that WGLM putting Radio Disney on their station would be a DISASTER for the stand alone station. Radio Disney is primarily on stations owned by ABC. Who owns ABC?........Disney! Radio Disney's primary objective is not to sell local avails. Radio Disney is used exclusively as a promotional tool to sell Disney merchandise and music, get families out to the theme parks, and watch the Disney Channel. If Radio Disney didnt have the backing by Disney itself, it would have folded just the way Radio Aahs did in the mid 90s with similiar childrens programming. Not enough advertisers in Lafayette would buy a station aimed at preteens who have zero spending power. If it gets on any station, it should be 1410. Not to win but to further flank B 102.9.
 
jack its so good to hear from you again. remember wzkl saturedays
 
is that all she wants for the stick its worth that and more if thats all shes asking
 
I've always heard that the station was for sale, but with Kelly remaining as gm being part of the deal.

I admit that I dont know if that rumor is true, but I've heard it more than once.
 
Ladies and gentlemen, WGLM is as for sale as any other station in the country.

Kelly and Charles (the station is a partnership, Kelly with majority stake) are not looking for a buyer, but if someone was really interested in buying 106.7 and if they offered them the right price, they'd probably do what any smart business people would do and sell it. Besides if the station's been for sale for years and the Vaughans were willing to sell it for such a low price, don't you think RadioWorks would have chose to buy WGLM over WNJY when they were shopping for another Lafayette signal back in 2000? WGLM is a stand alone. AMP is at their station capacity as well as Schurz. I doubt Clear Channel, Citadel, or any other larger corporation would be interested in running one radio station with their competitors running between 4 and 5 themselves.

I don't know about stipulations about a supposed sale, but I know Kelly is no longer the general manager of WGLM. She is now a management partner and retains all executive decisions such as having the final say in hiring, etc. Ron Schuessler is now the GM/SM. Ken Stapleton handles traffic and overall operations while Rick Mummey does most of the production work.
 
okay, its time to quack this apart.

the vaughns dont have sale sign out in the yard but amp is not at capacity either. i see an new owner or amp to buy it in 2007
 
Here's some station sale prices in the Lafayette area for single stations.

95.3 licensed to Brookston $1,700,000

102.9 licensed to Delphi $1,000,000

98.7 licensed to Battleground $800,000

95.7 licensed to Attica $500,000

98.1 licensed to Earl Park $100,000
 
Dawg, how old are those sale prices? Ever since the Communications Act of 96,
FM station prices have gone sky high due to corporate consolidation and so few
single stations left.
You can't buy an FM in the sticks for under a million today.
I'd say WIBN is now one million and WGLM three and a half.
That's my guess.
 
Those are very real prices at the time each of the above stations were sold.

All of these stations, with the exception of 95.3 and 102.9, were sold over a decade ago.

The sale price for WIBN was a steal for a class B1 stick. I would have bought the station for $100,000.

Then again at that time, WIBN wasn't billing a damn thing....except for McCreary, Gibson Furniture, and a few seed companies around Fowler.
 
Timewarp said:
You can't buy an FM in the sticks for under a million today.
Click to expand...

Not true. I've seen several stations sold for under $1,000,000 on R&R online on a weekly basis. Granted, you can't buy a very (or even moderately) successful station for that much, but if you want to put a little elbow grease into the station and turn around a halfway decent profit, buying a station on the cheap may very well be worth it.

Doesn't the sale price formula call for two to four times the amount the station bills each year as a general rule of thumb sale price?
 
WWSY and WMGI went for $3.39 mil in March of '05. While there's no completely accurate formula, the cash flow multiple of an FM with billing is usually 13-16x.
 
My boss says the cash flow formula has not been used to buy or sell radio
stations in populated areas for a dozen years. In this corporate environment,
an FCC construction permit for a city like Cincinnati will bring 18 million unbuilt.
A signal that would cover Lafayette would be worth millions and cash flow
has nothing to do with it.
 
Ur-A-Dawg said:
My boss says the cash flow formula has not been used to buy or sell radio
stations in populated areas for a dozen years. In this corporate environment,
an FCC construction permit for a city like Cincinnati will bring 18 million unbuilt.
A signal that would cover Lafayette would be worth millions and cash flow
has nothing to do with it.
Click to expand...

...And WIFE-FM was removed and downgrated to a Class A so it could broadcast to the "underserved and non-urbanized" market of Norwood, Ohio--completely surrounded by Cincy (OH). Now on the air--this station barely has a signal on the suburban bypass (I-275)... It is yet another "horse in the stable" of Radio-One-Cincy while that former Indiana community of 17k has NO "real" local 24-hour service.

ONLY in the Bush FCC could this shameless self-promoting 18-Mil enrichment to ONE PERSON have been allowed to happen. [I'm a conservative--and a capitalist] but there is a logical limit to this "insanity"... These people DON'T OWN these frequencies--they are "given" a term to operate on them consistent with the public interest--'seems they forgot that clause while they were pocketing millions. SORRY to say this--I'm glad the "Dems" are back!... GO BABY... 'Hold the Mays Boys RESPONSIBLE!
 
For those of you not old enough to remember Bush didn't do the FCC mess we have now...isn't fixing it either.

This is Ronald Reagan at work. This is the dereg he set in motion and the guys with the bucks are laughing it up.
 
Just to clarify: It was BILL CLINTON who signed the Telecommunications Act of 1996, allowing for consolidation.
 
The previous owners of 98.7 were probably lucky to get the $800,000 for the former alternative signal that went dark (I think Rick Mummey was quoted as saying the station got lots of nice letters, just none of them that contained checks).

It might have been a good idea for the Vaughns to have bought one of the surrounding signals but as things stand now, they're left as a standalone.

WIBN must have been a tough situation, I remember them being on 98.3 at much lower power in an abandoned schoolhouse in Earl Park.
 
Status
This thread has been closed due to inactivity. You can create a new thread to discuss this topic.


Back
Top Bottom