What Could Be The REAL Reason For WLW on XM...
Tipped by a few message board posts elsewhere:
<a target="_blank" href=http://ohiomedia.blogspot.com/2006/02/some-unchecked-speculation.html>http://ohiomedia.blogspot.com/2006/02/some-unchecked-speculation.html</a>
(It's the second item on the listing.)
The upshot, basically - XM and Clear Channel had to come to a financial deal about commercial money made of CC's programming of various stations for XM...in the early days, when CC had about 20-30% of the XM stock.
CC no longer has a reportable stock interest in XM, but there were apparently some issues still outstanding. The 10Q section I quote lists them, and notes there's a new revenue sharing agreement between CC and XM for CC-programmed channels starting in March 2006. Guess what's the only CC programmed channel, which starts 3/1? You guessed it, WLW.
(At least I'm pretty sure CC is no longer directly programming their former channels, such as the "Ask!" and "Extreme" talk channels...)
I assume this will mean some spot substitution on the XM version of WLW, set to debut in about 15 minutes, give or take a few hours.
-OA<P ID="signature">______________
Ohio Media Watch - <a target="_blank" href=http://ohiomedia.blogspot.com>http://ohiomedia.blogspot.com</a></P>
Tipped by a few message board posts elsewhere:
<a target="_blank" href=http://ohiomedia.blogspot.com/2006/02/some-unchecked-speculation.html>http://ohiomedia.blogspot.com/2006/02/some-unchecked-speculation.html</a>
(It's the second item on the listing.)
The upshot, basically - XM and Clear Channel had to come to a financial deal about commercial money made of CC's programming of various stations for XM...in the early days, when CC had about 20-30% of the XM stock.
CC no longer has a reportable stock interest in XM, but there were apparently some issues still outstanding. The 10Q section I quote lists them, and notes there's a new revenue sharing agreement between CC and XM for CC-programmed channels starting in March 2006. Guess what's the only CC programmed channel, which starts 3/1? You guessed it, WLW.
(At least I'm pretty sure CC is no longer directly programming their former channels, such as the "Ask!" and "Extreme" talk channels...)
I assume this will mean some spot substitution on the XM version of WLW, set to debut in about 15 minutes, give or take a few hours.
-OA<P ID="signature">______________
Ohio Media Watch - <a target="_blank" href=http://ohiomedia.blogspot.com>http://ohiomedia.blogspot.com</a></P>