reelyreal said:
I'm certainly not a racist, I'd like to get that out of the way.
That being said: if it were possible to not lose money (or maybe even make a profit!) from an urban station, don't you think someone would flip? Greater Media? CC? Entercom? CBS? anyone? Bueller? Don't you think if it weren't a money-losing operation that Radio One would have held on to WILD-FM?
I'm fairly certain the lack of an urban station has absolutely nothing to do with racism and everything to do with money. It's the same reason these large corporations do terrible cookie cutter radio and fire local staffs. It's all about the dolla dolla bill y'all.
You are absolutely right when you say "I'm fairly certain the lack of an urban station has absolutely nothing to do with racism and everything to do with money," but I have to correct you: WBOT-FM/WILD-FM was not a money-losing operation. Radio One sold their properties in Boston, Minneapolis, Dayton, Louisville and Augusta, GA all within a year because they were losing so much money with KKBT in Los Angeles, wanted to stay in one of the top three markets and needed to make some of that money back. Granted, 97.7 was not printing money, but in the age of keeping shareholders happy, no station can make small profits anymore because the measure of success is rising stock prices, and large profit announcements help make that happen. Radio One got $30 million for the frequency, antenna and transmitter. The station I programmed in Radio One's Dayton cluster was making great money relative to the market, but when you can get $74 million selling Dayton and Louisville right away to stave off the Grim Reaper, you kinda have to do it.
You are right in saying "it's all about the dolla dolla bill y'all," but this is what people don't realize: ratings mean nothing; it's all about if you sell the station. The major broadcast companies in Boston will not go Urban or Urban AC… not because they wouldn't get high ratings, but because they believe they can't get businesses to buy ads on an Urban or Urban AC station. That's why these pirate stations are on the air. Their bottom line is
way lower, so they can easily make a $100,000 to $200,000 profit. The funny thing though is most of these pirates would still be around even if there was a FM Urban on the air, because they target the Caribbean community. Big City would stay on, but their American programming would go away, and whether Hot or Touch goes away would depend on if an Urban or Urban AC came on the air.