[BC] Clear Channel planning to sell off

[Ron Cole]

CC shedding stations makes sense.   Its all abount profitiability.
They have too many that are not making any money.  They have to trim the fat
and the little stations are just weighing them down.
They had to take little AMs to get FMs that they wanted.
It it were me I would
* Get out of unrated markets, they never generate much cash.
* Sell any AM that was not Cash Positive or a 50Kw signal then try and make
the 50kw Cash Positive, after a few years I would dump them too if they are
not cash positive.
* Dump FMs that are not Cash Positive and do not have potential for a move
to make it profitable.

You learn that no matter how much you love radio its still a business.
It only took me 2 years and all of my own money to learn that lesson.

Ron


On 9/15/06, Bailey, Scott <sbailey at nespower.com> wrote:
>
> Doug,
> I see that happening, and I would love to see that happen down your way.
> This may open the door for some new local O & O (well, we will call them
> a new generation of mom & pops) and could cause these so called "LPAM"
> petitions go to the wayside. I'm sick of hearing about and reading all
> these LPAM petitions, that make no sense, tech wise.
>
> Scott
>
> -----Original Message-----
> From: broadcast-bounces at radiolists.net
> [mailto:broadcast-bounces at radiolists.net] On Behalf Of Douglas B.
> Pritchett
> Sent: Friday, September 15, 2006 11:37 AM
> To: Broadcasters' Mailing List
> Subject: Re: [BC] Clear Channel planning to sell off
>
> Scott, it could be a wonderful opportunity for some enterprising "mom
> and pops" to provide local and compelling content to an "abandoned"
> market....and make a buck doing it.  Chances are those FMs (which were
> once affiliated with said AMs)  were/have been either moved away or
> refocused on a larger market.
>
> --
> Douglas B. Pritchett
> Fort Wayne, IN
> WBZQ1300 at verizon.net
>
>
> Bailey, Scott wrote:
>
> >I said this 8 years ago, they bit off more than they can chew, and
> would
> >start selling station, especially small AM daytimers.
> >
> >
> >
>
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