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What we didn't need!

...sad, enjoy your job now...cause in ten years...it'll be alot different...like, your job wont be needed...
 
I've decided to hang on to our stations forever. The only way to truly stay in this business is to own your station (s). We've turned down two offers to sell ours in the last month. And if any large company comes a knockin, the price is 10x what its worth.

Did you notice the one format they posted at their lab? Foggy Mountain-Classic Country hits of the 80's, 70's and 60's. They think their so innovative, by putting the decades in reverse.

What a bunch of morons!
 
I do enjoy the oldies station (the cube), which includes all 80's hits. I heard songs on that station I haven't heard in years.
 
lash said:
Clear Channel is now offering these formats for any HD station. Just what we needed, more cookie cutter Clear Channel radio. So what they don't own, can now sound like them. http://clearchannelmusic.com/formatlab/ The Format Lab, run by the mad professors
Click to expand...

Oh, goody! The same stuff I listened to on the airplane going back and forth on my honeymoon is now available on HD? Good grief. Makes me want to put on my headphones and listen to nothing. It sounds better.
 
lash said:
I've decided to hang on to our stations forever. The only way to truly stay in this business is to own your station (s). We've turned down two offers to sell ours in the last month. And if any large company comes a knockin, the price is 10x what its worth. Did you notice the one format they posted at their lab? Foggy Mountain-Classic Country hits of the 80's, 70's and 60's. They think their so innovative, by putting the decades in reverse. What a bunch of morons!
Click to expand...

Stay in the ownership biz, Chris. There are few local operators left with a lick of sense!
 
Perhaps Hope?

Clear Channel will be selling off 448 stations, mostly in small markets. Perhaps radio can be saved once these HORRIBLE suits, who think their broadcasters sell these properties.

At least there's hope!
 
Re: Perhaps Hope?

lash said:
Clear Channel will be selling off 448 stations, mostly in small markets. Perhaps radio can be saved once these HORRIBLE suits, who think their broadcasters sell these properties. At least there's hope!
Click to expand...

Chris...I think a lot of their transactions were borne out of overspeculation. They invested a lot of money in small market stations with high-power signals that penetrated larger markets. They also invested in a lot of stations that made you scratch your head and wonder why on earth they would buy it. An example is WYNT, a Class A FM station in Upper Sandusky, Ohio. The closest thing to a major market it had was Mansfield, about an hour away. This station was fighting to stay alive when they bought it (the owners weren't losing money, but they weren't getting rich, either), and this will likely be one of the first to go. To their credit, they cut their losses and got out of New Castle when they had the chance.

Giving up 448 stations is a start...now if the FCC would finally put ceilings in place so that ownership levels won't ascend to such ridiculous heights again, things will get better.
 
John Gorman described the scenario to me this way, after the 1996 first-round deals progressed into 1997-98...

CBS bought up all the lakefront property.

Clear Channel bought up everything, everywhere.

Now, CBS's lakefront stuff is being sold off, as is CCU's "everywhere" stuff.
 
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