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cumulus unloads 770 wabc

Hey, some of us like to talk about happenings in other areas of the country, too. Here's the place to do it.
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WZRC 1067
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Joined: Tue Apr 16, 2019 5:49 am

cumulus unloads 770 wabc

Post by WZRC 1067 » Thu Jun 27, 2019 4:02 pm



Cumulus, Please give Toledo a station like 96 Rock in Cincinnati or like X93.9 in Indianapolis. Pretty please!

80sTalkRadioFan
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Location: Sylvania Ohio

Re: cumulus unloads 770 wabc

Post by 80sTalkRadioFan » Thu Jun 27, 2019 4:39 pm

Wow! Excited to see what the new owners do with this legendary/old AM radio station. Sounds like they'll keep it a political talk station, at least for a while.



TeddyBear
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Re: cumulus unloads 770 wabc

Post by TeddyBear » Fri Jun 28, 2019 8:45 pm

Remember that Cumulus is leaving the top 15 markets. Now 103.9 is the only station left in NYC.



CurlyHoward
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Re: cumulus unloads 770 wabc

Post by CurlyHoward » Fri Jun 28, 2019 10:24 pm

WLS-AM in Chicago, or what's left of it anyway, can't be far behind.



fuzzpower
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Re: cumulus unloads 770 wabc

Post by fuzzpower » Sat Jun 29, 2019 5:13 am

WJR has to be on the block as well.



SBaxley
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Re: cumulus unloads 770 wabc

Post by SBaxley » Sat Jun 29, 2019 12:56 pm

Got to agree on that.



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RingtailedFox
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Re: cumulus unloads 770 wabc

Post by RingtailedFox » Sun Jun 30, 2019 12:42 am

it's a fire sale! legendary radio stations at legendary prices! we're in debt up to our eyeballs and gotta raise some cash FAST! so come get some deals before they, like we, are gone forever!

:P


~ The Legendary Raccoon-Fox has spoken!

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MWmetalhead
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Re: cumulus unloads 770 wabc

Post by MWmetalhead » Sun Jun 30, 2019 1:14 pm

The fact not a single incumbent broadcaster in the Tri-State region wanted this 50 kW clear channel signal should serve as a massive wakeup call to everyone as to the long-term viability of AM radio as a mainstream broadcasting platform.

It also serves as a testament to just how quickly and severely the Dickey Brothers destroyed WABC's intangible value. Fifteen years ago, this station would've been valued north of $80 million easily. Even in 2010, it would've been worth easily $50 million to $60 million.

Let this sink in - 770 WABC just sold for the same price as 102.7 Mt. Clemens. In fact, 102.7 Mt. Clemens actually sold for more, when one considers the fact that particular deal also included non-cash consideration granted by EMF to Urban One.

.


Memo to WGRD: You need to sound a LOT more like your phenomenal sister station in Davenport, IA.

I-Rock 93.5 f*cking rules!!! https://irock935.com/playlist/

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WZRC 1067
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Re: cumulus unloads 770 wabc

Post by WZRC 1067 » Sun Jun 30, 2019 7:24 pm

WLS Chicago I think will fall the same fate in terms of price perhaps. AM radio is dying a slow death, in fact a lot of boom boxes and some Stereo receivers don't even offer an AM radio on them anymore. In short, WABC was sold for junk change. WJR is in a better place then WLS and WABC is, but still I think Cumulus is going to take a bath on that one too. Who knows? WLS could go to a religious broadcaster, it's a bit far fetched but that would be wild.


Cumulus, Please give Toledo a station like 96 Rock in Cincinnati or like X93.9 in Indianapolis. Pretty please!

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Ed Joseph
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Re: cumulus unloads 770 wabc

Post by Ed Joseph » Tue Jul 02, 2019 12:14 pm

The fact that WABC sold so cheap is a real testament to just how bad AM stations have declined in recent years. Many people are finally realizing how bad our political system really is, and then the whole spin-radio gig loses their attention. Many people are also having the same epiphany regarding what is basically "religious marketing via radio"."You're a horrible person and going to hell... but please send money to my ministry and I'll put in a good word for ya!"

It's happened really slow, but it continues. Full service local AM stations, even some playing music, still seem to do well in most cases, the problem are that there are so few of them left. I believe the average person, if they even realize AM exists, has the perception that AM is full of nothing but old people arguing or banging on their Bible. Their perception isn't really wrong, either.


I confirm all my information through a high, white whore's souse!

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Ed Joseph
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Re: cumulus unloads 770 wabc

Post by Ed Joseph » Tue Jul 02, 2019 12:30 pm

RingtailedFox wrote:
Sun Jun 30, 2019 12:42 am
it's a fire sale! legendary radio stations at legendary prices! we're in debt up to our eyeballs and gotta raise some cash FAST! so come get some deals before they, like we, are gone forever!

:P
Radio *could* actually be a lot better when they, and other large chains, cease to exist AND more stations return to local ownership. The problem is, groups like EMF will probably buy most of them. I mean, like we really *need* K-Love on 95 of the 101 available frequencies.


I confirm all my information through a high, white whore's souse!

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