RMarino, you make a very good point in very small station ownership comes with risks. I suspect there may be more to this story than what we are lead to believe but I prefer to deal in realities. Here we have Patty Steele who is giving up a gig on morning drive in the biggest market in the country in exchange for ownership and/or participation in a bedroom community radio station. Sure, St. John's County is an affluent market but on the scale these guys are talking, I'm in a wait and see position.
Now, if we all read some "Green Acres" tale of wanting to give up the rat race of the Big Apple for less stress - maybe that would be a little bit believable. Then you add live and local to the mix and it makes you wonder even more how they can pull this off. As far as talent salary, they would have to pay more than unemployment insurance. LOL.
I just wonder if more stations could be involved forming some network. They keep talking about an exciting morning show and to me the biggest impact would have to be Lex and Terry - but on such a small station or even a network of small stations. I would think that's likely. I have no idea how much L&T would cost a station but I suppose a lot would have to do with coverage area. For the live and local, maybe Patty could sit in the studio doing news, traffic and weather along with something syndicated. We'll just have to see how this all pans out but I feel L&T are not out of Jax for good.