WHO TAKES OVER KHMX,MIX?

[iused2bsomebody]

I've been hearing talk that a deal is close to being done. CBS will take over and cut it to the bone. Kraddick in the mornings,Ryan Seacrest in the afternoons, voice track mid-days and nights.

 

[mrtexmex2007]

Not if BMP buys it. I still think Telemundo should buy both KLOL and KHMX to compete even stronger against Univision.

 

[snoman]

Not if BMP buys it. I still think Telemundo should buy both KLOL and KHMX to compete even stronger against Univision.

Telemundo is owned by NBC, who got out of the Radio Business in the late 80's. They are not going to get back into it, especially when their parent company, General Electric's stock is basically in the toilet.

 

[davideduardo]

Telemundo is owned by NBC, who got out of the Radio Business in the late 80's. They are not going to get back into it, especially when their parent company, General Electric's stock is basically in the toilet.

GE, like all the financial stocks, has been hit hard. But radio has been hit harder by the market, and this would not encourage a non-Radio company trying to get its stock price back up to buy in our sector.

 

[BossJock1947]

I've been hearing talk that a deal is close to being done. CBS will take over and cut it to the bone. Kraddick in the mornings,Ryan Seacrest in the afternoons, voice track mid-days and nights.

Why in the world would CBS buy a station now???? I hear the new morning man at Mix will be making no more than 80K

 

[radiogooroo]

I hear the new morning man at Mix will be making no more than 80K

Does this surprise you? The law of supply and demand pretty much dictates it.

I'm all for anyone getting as much money as they can in any job, but when you think about it, how in the world have all the huge salaries been justified up to this point? Some people paid their dues and worked their way up, but in the age of deregulation, just as many have walked into a really decent gig for their first on-air job. Many of the old timers would say "Now that's just wrong!" and I would agree with them, but in so many of these cases, these kids were thrown into the water and instead of drowning they swam. Many of them swam like Michael Phelps.

I've trained and mentored several air talents that cracked their first mic while the sun was up, not on an overnight shift. They've all gone on to successful careers in major markets. One kid who is pretty well known in the industry now was a phone monster from the beginning. The only things I really had to work with him on were word economy and actually saying the call letters.

I've seen this scenario play out so many times now that I've really had to rethink the old conventional wisdom of our business, including the pay structure. If you can pull an eager kid in off the street, coach them and have them pull huge numbers in a matter of months, how much should that job pay? It doesn't require any physical labor like ditch digging, and it doesn't require a degree either.

 

[BossJock1947]

I hear the new morning man at Mix will be making no more than 80K

Does this surprise you? The law of supply and demand pretty much dictates it.

I'm all for anyone getting as much money as they can in any job, but when you think about it, how in the world have all the huge salaries been justified up to this point? Some people paid their dues and worked their way up, but in the age of deregulation, just as many have walked into a really decent gig for their first on-air job. Many of the old timers would say "Now that's just wrong!" and I would agree with them, but in so many of these cases, these kids were thrown into the water and instead of drowning they swam. Many of them swam like Michael Phelps.

I've trained and mentored several air talents that cracked their first mic while the sun was up, not on an overnight shift. They've all gone on to successful careers in major markets. One kid who is pretty well known in the industry now was a phone monster from the beginning. The only things I really had to work with him on were word economy and actually saying the call letters.

I've seen this scenario play out so many times now that I've really had to rethink the old conventional wisdom of our business, including the pay structure. If you can pull an eager kid in off the street, coach them and have them pull huge numbers in a matter of months, how much should that job pay? It doesn't require any physical labor like ditch digging, and it doesn't require a degree either.

If a talent in say a year doubles the audienc and the revenue also doubles he should make more money and i don't mean your standard 5% raise.

 

[radiogooroo]

If a talent in say a year doubles the audienc and the revenue also doubles he should make more money and i don't mean your standard 5% raise.

Outside of sales positions, how often does that happen in any business? Think of all the people that develop new products for companies like Apple, Proctor & Gamble or Yum Brands (Pizza Hut, Taco Bell and KFC.) Their contributions increase revenue significantly for their respective companies, but I'm sure they don't get life changing raises overnight just because they did the job they were hired to do.

And that's the point. As an air talent, you're hired to increase ratings and therefore increase revenue. If you're successful in your job and manage to do that, you deserve a pat on the back, not a huge raise. Whether you want to believe it or not, air talent is only part of the equation. The promotions director that came up with the awesome promotion and marketing campaign that drove cume to your show is part of the equation. The street team that put forth a little extra hustle and gave listeners a positive vibe about your station were part of it. The music director that put some extra time and thought into the music logs was part of it. The engineers that tweaked everything to draw people in and keep them tuned longer were part of it. The webmaster that kept your site looking good and provided interesting content for your listeners was part of it. The imaging and production directors that kept all the non-song elements on your station sounding great were part of it. The traffic people that took care in scheduling spots to minimize tune outs were part of it. Even the sales manager that said no to advertisers that wouldn't fit and ridiculous sales promotions deserves some credit for the success you seemingly want to attribute entirely to air talent. (Oops - almost forgot the GM that serves as a role model and mentor for all these people and helps keep them motivated to do the best they can, even in trying times.)

All of these people contribute to the success of a station. A raise exclusively for the air talent just because they did the job they were hired to do? I think not.

 

[purpledevil]

I've been hearing talk that a deal is close to being done. CBS will take over and cut it to the bone. Kraddick in the mornings,Ryan Seacrest in the afternoons, voice track mid-days and nights.

If CBS ends up with Mix, John Lander should get an express ticket back to Houston...or at least VT him from Boston. Didn't Mix and Mega have to be sold together, or did I miss something?

 

[Kent]

I don't believe the DOJ required them to be sold to the same buyer. They just required them to be divested to someone who isn't owned, in whole or in part, by Bain or THLP.