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What happens to KLAA when the Angels are sold?

What are the odds iHeart will LMA it to give their Black Information Network a (non-HD) OTA signal in SoCal? They're doing so with Beasley's WTEL in Philadelphia at 610 AM
 
Jstnpspck said:
What are the odds iHeart will LMA it to give their Black Information Network a (non-HD) OTA signal in SoCal? They're doing so with Beasley's WTEL in Philadelphia at 610 AM
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iHeart can not LMA another station. LMAs count against the ownership cap, and iHeart has the full ensemble of LA stations allowed.
 
There is, however, nothing preventing iHeart from signing whoever ends up with KLAA (or any station) as a BIN affiliate. Frankly, I'm expecting to hear any day that KBLA has had enough of the overhead of live radio and that they're going with BIN.
 
To be clear iHeart's Premiere Networks does sell its talk shows to other rivals including Kansas City, Buffalo, Reno, Green Bay, Lafayette and Grand Junction among others iHeart does not serve.
 
michael hagerty said:
Frankly, I'm expecting to hear any day that KBLA has had enough of the overhead of live radio and that they're going with BIN.
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I don't think that operator Tavis Smiley is going to want to do that. He is operating the station to provide a unique service to the black community in Los Angeles.

Several months ago, I listened to an hourly one-minute BIN newscast on KBLA, and the stories in the newcast were outdated. Therefore, I think that replacing the live call-in discussion programs with BIN programming would be a bad idea.

I refer you to a post that I wrote in the New York forum last week.

Marcos_C said:
New York's BIN 1600 simply doesn't hold a candle to the black news/talk station that WLIB was during the 1980s and the 1990s. WLIB kept its listeners informed of the latest news about the black community in the New York metropolitan area. Today, WWRL is reporting stories that happened a day ago, and it is lacking the local focus that WLIB had during its heyday. In terms of talk content, Los Angeles' KBLA is a lot closer to the old WLIB than today's WWRL because KBLA discusses issues that matter to the black community in their service area and allows its listeners share their thoughts instead of spending time on yesterday's news and fluffy stories.
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Marcos_C said:
I don't think that operator Tavis Smiley is going to want to do that. He is operating the station to provide a unique service to the black community in Los Angeles.

Several months ago, I listened to an hourly one-minute BIN newscast on KBLA, and the stories in the newcast were outdated. Therefore, I think that replacing the live call-in discussion programs with BIN programming would be a bad idea.

I refer you to a post that I wrote in the New York forum last week.
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I get what Tavis wants to do and I understand the limitations of BIN's newscasts, having worked within the iHeart news operation.

What will determine what happens with KBLA will be money, pure and simple. Tavis paid $7.5 million, but only a million and a half of that was his. The people behind the other $6 million will start to want to see returns on their investment. If they do, then Tavis gets to keep doing what he wants to. I don't even want to think about how long it would take to put that station into profitable territory.
 
TheBigA said:
Stop the presses! Arte Moreno announces he's not selling the Angels:

www.latimes.com

Arte Moreno no longer selling Angels, will stay owner for '2023 season and beyond'

The Angels announced Monday they are no longer pursuing a sale of the franchise, keeping owner Arte Moreno in control of the team for 2023 and beyond.
www.latimes.com www.latimes.com
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But he does not say he's not selling the radio station, and at 76 years old, if he's not doing some estate planning, he will be soon (see Autry, Gene).
 
michael hagerty said:
But he does not say he's not selling the radio station, and at 76 years old, if he's not doing some estate planning, he will be soon (see Autry, Gene).
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I'm not aware that he ever said he was selling the radio station. The OP in this thread extrapolated that he might if he was selling the team. Now that he's keeping the team, the premise for selling the radio station is gone.
 
TheBigA said:
I'm not aware that he ever said he was selling the radio station. The OP in this thread extrapolated that he might if he was selling the team. Now that he's keeping the team, the premise for selling the radio station is gone.
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If you don't own the Angels, why would you want to own the radio station?

If you're 76 years old and thinking about divesting major assets, but decide to keep the team, why not cash in the radio station? He's likely to get more for it (though not $33 million) now than he would when he does decide to sell the Angels.
 
michael hagerty said:
If you don't own the Angels, why would you want to own the radio station?

If you're 76 years old and thinking about divesting major assets, but decide to keep the team, why not cash in the radio station? He's likely to get more for it (though not $33 million) now than he would when he does decide to sell the Angels.
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What company would pay huge dollars for broadcast rights to the Angels? Audacy clearly doesn’t want it. Dodgers on 570. Way too many conflicts to be on 710. As dumb as this sounds if he did want to sell rights, he‘d better call Saul
 
TheBigA said:
Has he ever discussed selling the radio station? Or is this more extrapolation?
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Extrapolation, human nature and logic. If he was considering selling the Angels, would he seriously have held onto an AM radio station that essentially exists because he owns the Angels?
 
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