Reading all these posts I ask myself again. Why there isn't a full power FM Latin station in Philly? Guys, this is a major market, we have full power Latin stations all over the country and they do work, can't see why it wouldn't in Philly. . I'd LOVE to see a few examples of full power stations in Philly that are struggling or not making a good buck (i'm sure there is at least one). If there is nobody willing to pull the trigger and buy a station or make the flip, that's another thing.
Philadelphia with 8.8% Hispanic population looks to be right on the borderline of what is needed to have a successful station.
Washington, DC, with over 15%, manages to support one fairly successful station, which is 14th in revenue and 25-54 ratings.
But one issue in Philadelphia is that a large part of the Hispanic population is of Puerto Rican heritage. The original migrations from the Island occurred in the 50's and 60's, so those folks who are primary Spanish speakers are mostly over 60 by now. Not a good target. And their children grew up in the era when kids were punished in school for not speaking English, even at recess and outside classes. So the second generation is English dominant. And the new third generation is pretty much English only.
So what Clear Channel discovered is that while the market is nearly 9% Hispanic, a much larger than normal in other markets percentage of those Hispanics are either older Spanish speakers or English dominant.
Add to that the fact that not all Hispanics like the same music and formats: even a good station will not get "everyone" to listen. In fact, there are likely more formats possible in Spanish than in English. The format one group likes will be hated by another.