[BC] Mom & Pop Stations endangered?

[Bailey, Scott]

Paul,
   No dis-respect here, but the situation in Shamrock is one where
everybody involved is wrong, including Mr. Rushing and Mr. Hammond. Mr.
Rushing organization had quite of bit of money tied up in a loan to
former owners (Jersey Boy Media), and those guys were so ignorant of the
law, they filed the wrong form to get the license transferred to them.
There was a big lean on the real property, and that had to be satisfied.
Mr. Hammond didn't have the funds to do so.  The license transfer
between Turbo Radio Partners and Mr. Hammond was legal.
   Once the license was transferred, Mr. Hammond should have taken the
station silent and moved it outside of Shamrock, to the state line in
OK. There should have been no arguments between Rushing and Hammond.
Rushing's organization should have auction off the real property and got
some return on the loan that was made to Jersey Boy Media. That's my 2
cents worth.

-----Original Message-----
From: broadcast-bounces at radiolists.net
[mailto:broadcast-bounces at radiolists.net] On Behalf Of Paul B. Walker,
Jr.
Sent: Tuesday, February 14, 2006 12:10 PM
To: Broadcasters' Mailing List
Subject: Re: [BC] Mom & Pop Stations endangered?

It's sad to hear of situations like Larry's where people come up to him
and
stuff in Shamrock. Good people don't deserve sh*t like this

Paul




On 2/14/06, Barry Mishkind <barry at oldradio.com> wrote:
>
> At 08:26 AM 2/14/2006, Larry Fuss wrote
> > > Those loyal locals must have used the service but not supported it
> with
> >advertising.
> >
> >The last few times I've been back to Cleveland, Mississippi, people
come
> up
> >to me on the street and say "we sure wish you had the radio stations
> back,
> >they are terrible now."  Indeed they are, but I was never ever to
> generate
> >enough advertising revenue to pay all the bills, despite having the
best
> >small-market stations in the state.  The local morning shows are gone
> now,
> >the local news is gone,
>
>         ... in many cases, so is the entire station.
>
>         In 1980, I was part of group that bought a little station
>         in southern Arizona. Once we took over and discovered
>         it was clear that the businesses in the town were more
>         interested in using the station (we gave the station over
>         to the local "service groups" several times, for example,
>         so they could raise money) than supporting it in any way.
>
>         It wasn't as bad as Shamrock, TX, but it nearly
>         destroyed us.  In the end, the station went dark,
>         and eventually was deleted. The only way we
>         survived as long as we did was to move into
>         the station and live there, with virtually no
>         staff.
>
>         After it was all over, the business owners all
>         complained that with the FM station coopted to
>         a city 35 miles away, they had no local station.
>
>         One of the oldest stations in the state was
>         reduced to mere memories.
>
>
>
>
>
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