The NY Times had an interesting article a few days ago about WQXR, following its transition from a commercial to a public radio station. It indicates that their ratings have increased to a very respectable level, and that the donations to owner WNYC from its relatively mature audience have been substantial. Evidently many of the listeners, while above the age limit that is attractive to most advertisers, are desirable as public radio patrons, due to their ability to help fund the station.
The article also mentions that a number of other public radio outlets that have bought classical radio stations have found that their efforts have worked out quite well. Classical music fans can enjoy full time formats, while the parent stations can run talk around the clock, without having to share the time with music programming. With the funding in good shape, it appears classical music will remain on the air, on public radio stations such as WQXR, for many years to come.
The NY Times article: http://www.nytimes.com/2010/04/26/business/media/26radio.html?scp=1&sq=wqxr&st=cse
The article also mentions that a number of other public radio outlets that have bought classical radio stations have found that their efforts have worked out quite well. Classical music fans can enjoy full time formats, while the parent stations can run talk around the clock, without having to share the time with music programming. With the funding in good shape, it appears classical music will remain on the air, on public radio stations such as WQXR, for many years to come.
The NY Times article: http://www.nytimes.com/2010/04/26/business/media/26radio.html?scp=1&sq=wqxr&st=cse