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WRCN & WKJI sold

Nothing in radio these days should surprise anyone........



Yeah but Barnstable is a sales and marketing company, that was point was made years ago by Dave Widmer.... ;D
 
What surprises me is that Barnstable would let go of a quasi-successful RCN instead of MJC. Were I in their shoes that would be the station I'd be looking to give up on.
 
QUESTION FOR GEODON BASED UPON THIS QUOTE FROM GEODON:
"I do not know if there is a deal in the making, as I am only a part timer. All I know is that RCN is still Barnstable property, and in my opinion, should remain as such. I would find it interesting that they would get rid of the 961 frequency after all the hype of using it for K-Joy, but then again nothing in radio these days should surprise anyone..."

So... Is this to basically be interpreted that 96.1 in Suffolk HAS or WILL BE sold to JVC??? Is it then my understanding that, as of yet, a deal has been just inked and/or just agreed upon for the eastern half of KJOY alone... and not, or at least, as of now, nothing yet for RCN?

Thanks!
 
I guess what I wrote would sound as if that was the case, but once again, 961 is still Barnstable property, as is RCN. If there is a deal in the works for both stations, I am not privy to the negotiations. Right now both stations are still owned by Barnstable. In my last post, I stated that it would be interesting that they would want to sell it after putting in such effort to make it K-Joy east. I guess we'll see if this "Sale" is in fact true, or just a rumor, in the days and weeks to come, but as of now JVC has not purchased anything from Barnstable, to my knowledge. All I know is what I'm told, and I've been told both stations are still owned by Barny.
 
As A part timer, I would be careful on commenting about confidential company business. Especially if a deal is still being negotiated. Usually, any type of business transaction comes with a non-disclosure-confidentiality agreement, I would hate to see something happen to someone ripe in the business, especially these days where talent is so limited.
 
Would seem that they value confidentiality very highly indeed :). And I'm sure no one at Barnstable will be told one way or the other until their last day.
 
Usedupmic said:
As A part timer, I would be careful on commenting about confidential company business. Especially if a deal is still being negotiated. Usually, any type of business transaction comes with a non-disclosure-confidentiality agreement, I would hate to see something happen to someone ripe in the business, especially these days where talent is so limited.
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Get a life. Rumors happen everyday. Somehow I dont think a message board post will be legally binding in terms of anyone getting fired because of a confidentiality issue.
 
Usedupmic said:
As A part timer, I would be careful on commenting about confidential company business. Especially if a deal is still being negotiated. Usually, any type of business transaction comes with a non-disclosure-confidentiality agreement, I would hate to see something happen to someone ripe in the business, especially these days where talent is so limited.
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Is it just me or is this person trying to discourage him from talking about this? Give me a break. First of all you can't violate a confidentiality agreement you're not party to, and it's pretty clear this person is not involved in any negotiations. Second, they're going to fire him for this from a station they are about to sell? Doesn't sound like the worst thing that could happen.
 
Hey, speaking about all that country talk.....was in Oakdale turned to 107.3.....where is cat 1073...it was booming in, at first i thought there was a program change....
 
butchfm said:
Hey, speaking about all that country talk.....was in Oakdale turned to 107.3.....where is cat 1073...it was booming in, at first i thought there was a program change....
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Cat Country 107.3 is WPUR in Atlantic City NJ - always comes booming in when there is any tropo it seems.
 
Tonight was the best tropo opening of the summer. I got stations from Virginia to Maine. Cat Country 107.3 would be an easy catch in Long Island during almost any tropo. Their transmitter's on top of a casino right next to the ocean so there's nothing between there and Long Island.
 
tonight was the best tropo opening of the summer
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Yes it was, was getting 93.5 the beach loud an clear, Long Island finally had a real rock station ;D I wish they would put a translator up here some where, its the best rock station out there.
 
Please no country. LNG is hot with Oldies.
That's the format to work with and compete with.
I say 96.1 should start simulcasting Scott Shannon's True Oldies channel.
More tunes with less chatterchatterchatter.
 
With this Lindsay Lohan publicity stunt this morning, I wonder how seriously any moves made by JVC shiould be taken
 
robb said:
Get a life. Rumors happen everyday. Somehow I dont think a message board post will be legally binding in terms of anyone getting fired because of a confidentiality issue.
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Actually it can. As a media broker, consultant and legal professional, I deal with these type situations regularly.

For the purpose of radio and the media, a Non Disclosure Agreement, or what is more commonly known as an NDA, is a legal binding contract entered into among a seller and a potential buyer of any media property before any confidential information is exchanged between the parties involved in a negotiation. Quite simply the NDA states that any information given to a potential buyer, including the fact that a property is for sale, is held in the highest and strictest of confidence, and nothing is to be disclosed to anyone not associated with the potential transaction.

However there are normal exemptions to the terms of the 'Non disclosure" which may include the potential buyer's accountants, attorneys, brokers, financial advisors, bankers, etc., who have a direct involvement in any part of the negotiations. Should any confidential information become public prior to a signed deal and a property's closing, there may be potential civil liabilty on the part of the person who breached the terms of the NDA, if, in this case, the seller is damaged in any way as a result of the NDA breach. An example of potential damages would be loss of advertising revenue due to advertisers discontinuing doing business with the station in question for any number of reasons associated with the impending sale; or employees suddenly finding employement elsewhere out of fear they will be terminated upon the new owners taking over the operations. Either of these possible scenarios will cause direct damage to the seller.

If a person not a party to the negotiations, such as an employee, who did not sign an NDA, discloses any confidential information, they may be subject to a suit, but at the very least, said employee can be terminated with cause. Those are the facts regarding confidentiality and Non Disclosure Agreements.
 
Here's an idea, perhaps JVC could eventually buy WFAS when it moves to Yonkers and have a station that covers all of Long Island.
 
Nick said:
Here's an idea, perhaps JVC could eventually buy WFAS when it moves to Yonkers and have a station that covers all of Long Island.
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I don't think JVC would attempt another NYC area simulcast. :-X
 
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