EMF is one of the few companies buying radio stations. The others buying are religious as well. Swaps happen, but I’m pretty sure EMF gave Salem the best price aka lifeline they needed. Salem isn’t concerned about the listeners…neither is EMF about pleasing the old listeners. They need the cash ASAP. They had 3 signals EMF was willing to hand over the best cash for.
Earth FM hasn’t been a runaway success and doesn’t seem to have been a cash cow by any means. I never understood how they survived. 94.5, 95.5, and 103.3 are no longer a factor. Salem sold them because they weren’t successful in the market and they were among the most valuable assets they had to sell with the least loss. If anyone wanted to continue the Earth FM project, they would have to find another signal, none of which are up for sale. And a company like Beasley or Townsquare certainly wouldn’t allow the variety playlist on 103.3 to continue even if that had a snowball’s chance in hell or happening. And where would they put it? Awesome 99.5 had more advertisers than Earth FM. Between Classic Rock 101, Magic and The Lake almost anything Earth played is covered. The only way the Earth FM project would continue would be if they got an AM and an attached translator somewhere. And I doubt they’d be paying all of those DJ’s.
Anyone feel free to correct me if I’m wrong.
I think they had more advertisers than you realize. Sure, there were the medical things and so forth, but also wealth management firms, Ingles, Bojangles, and a number of other local businesses — Image East Video, Allstate, restaurants and so forth. The irony is that the listeners to Earth (and probably The Answer) are likely much more apt to support these local businesses than listeners to, say, The Lake, which might as well just be an old iPod on shuffle.
If I want that, news flash: I have an old iPod somewhere (or, like many of us, Spotify, Apple Music, Qobuz or whatever). As someone who used to work in the newspaper industry, I saw firsthand how eschewing local
absolutely was the wrong move. Now, I get that EMF doesn't give a rat’s tail about any of this. They have their annual beg-a-thons or whatever and get donations. I have no problem with that per se, except EMF is gobbling up all these noncommercial frequencies, and radio frequencies are not drawn from an unlimited pool. So, we are taking two (or three) frequencies and basically running nonlocal feeds that you or I can get right now on our phone or computer. What does this do for the local listener or community? Will EMF be at Spartanburg Spring Fling? Downtown Alive? Other festivals and events? Interact with GSP listeners during the day? Nope. Because of their business model and nonprofit status, they will do fine — and pay their leaders well. Meanwhile, the listeners in places like the Upstate get the short end of the stick.
Speaking of Townsquare, my little experience with their stations gives me the impression that they do value local, and seem to run decent operations. Lord knows NJ101.5 has got to be a license to print money for them. But other stations they own seem to at least have a local presence. A shame they aren’t the new owners, as I think they would be much better for the community.