Re: WLS FM.
BRNout said:
Sorry David, but you are mistaken....or at least not up to date (to give you the benefit of the doubt).
In the most recent PPM 25-54 demos (March 2010), Mon-Sat 6:00-mid, WLS-FM was ranked number 8. If you look at cume, they were number 9.
The March PPM book is not going to be out until next Wednesday, April 21.
In the last year, the station has been somewhere around 13th to 14th on average and in that demo. With the high compression in PPM, the difference between a rank position is often one or two tenths of a share point. I would bet money that when March does come out, the station will be around that same 13th, give or take a 0.2 in share.
Cume is almost irrelevant. It is not an individual station buying criteria (although it is used to optimize multi-station buys based on cume reach of the unduplicated kind).
In THE demo, WLS-FM outperformed both CHR's (B96 and Kiss),
18-49 and 25-54 are the broad demos. Each station covers parts of that spread. CHRs are 18-34 female targeted, and thus a big part of any buy against females. Kiss was #1 18-34 women for the October, November and December books, averaged. B-96 was 5th. WLS-FM was 17th. Further, KIIS and WBBM-FM are fairly direct competitors (one being more rhythmic, though) so the shares for CHR as a format would be #1.
For the last 3 books of 2009, Jack was #2 18-49 males. WLS-FM was 17th.
hamered supposedly youth-oriented Q-101,
Q101 has had problems, and has acknowledged them. Still, 18-34 men it was 4th.
and pounded every single Spanish formatted station in the market save for WOJO (a juggernaut), which was ranked numero uno.
WOJO's target is 18-49, and more specifically, 25-44. It is #1 in both demos. WLS-FM is 21st in 18-49 there.
Not pointing out that last group to be controversial, but I am doing so because I know you're very familiar with how well such formats are supposed to do with younger audiences.
WLEY is a less than full signal, and it was not encoded for part of the last book; WVIV/X is a pair of Class A's and yet they beat WLS-FM in that three book average in 18-49 with an adult hits or oldies format. WPPN is a limited signal tied in a format to format battle with WNUA, so a comparison against a station with no direct competitor in format is less than appropriate.
Sadly, I don't have access to their financials at hand
Hint: they are in BK.
but my understanding is that Citadel was very pleased with WLS-FM's performance and that their revenues significantly exceeded plan. So in this case, oldies are doing just fine where it counts.
First, if you project low in a plan, you have a better chance of outperforming.
Second, were WLS-FM a true classic hits station, it would be better positioned for sales. Oldies is a tough sell anywhere, let alone in the bigger markets. They will have to move more 70's to improve revenues, which in 2009 ranked them 16th or 17th (a near tie) in the market.