Bob Eubanks
Frequent Participant
I don't question the current value of KYW. But I do question whether putting on FM will provide some monumental change that would outweigh the potential of two revenue streams. Is there some vast resivoir of 30 year olds who are yearning for audio news and would suddenly start listening if it was on FM? I mean, sure, the ticker might sound great in stereo, but will that do the trick?
They could conceivably study that for a while with nothing to lose, and experiment to see if tapping into their Amp brand could work. Unseat Q? Maybe not. But they may not need to unseat Q to make a decent profit.
Certainly a fair point that the lifespan of CHR may also be in question. But I think that one has a bit of a longer lifespan, but like just about any business it needs to adapt to economic realities.
Finally, sure, they could sell off 1060 in time to whatever brokered operator would still be in the market. But without the format, what is the value of the facility when the time comes? If anything, grabbing a few bucks for the facility while it could still generate some cash would be a point in the "move KYW" column," if that cash is more than they think they can get from having both news and a CHR to sell to advertisers.
They could conceivably study that for a while with nothing to lose, and experiment to see if tapping into their Amp brand could work. Unseat Q? Maybe not. But they may not need to unseat Q to make a decent profit.
Certainly a fair point that the lifespan of CHR may also be in question. But I think that one has a bit of a longer lifespan, but like just about any business it needs to adapt to economic realities.
Finally, sure, they could sell off 1060 in time to whatever brokered operator would still be in the market. But without the format, what is the value of the facility when the time comes? If anything, grabbing a few bucks for the facility while it could still generate some cash would be a point in the "move KYW" column," if that cash is more than they think they can get from having both news and a CHR to sell to advertisers.