Per frequent poster Raymie, Grupo Radio Centro has closed 4 AM stations in Mexico City, a market of 23 million.
Grupo Radio Centro today shut off several AM stations in Mexico City, its breadbasket radio market, and moved their programs around, as described above. The stations affected - XERC at 790, XEQR at 1030, XEJP at 1150, and XEEST at 1440 - have all gone off the air. In exchange, XEINFO 1560 AM is on with a regular format (read: not automated Regional Mexican music without PSAs or INE spots) for the first time since it was sold to Eduardo Henkel Rojas in 2008, a move likely facilitated by the definitive end of legal proceedings between GRC and José Gutiérrez Vivó.
So four fulltime, significant signal AMs were just shut off!
And the, a few days ago, GRC reported its Q1 financial results to the Mexican equivalent of the SEC. They disclose that KXOS in Los Angeles lost approximately U$S 950,000 in the first three months of the year. The company's Mexican operations, though, were profitable.
Ah, and I feel so smart for turning down those job offers!
Grupo Radio Centro today shut off several AM stations in Mexico City, its breadbasket radio market, and moved their programs around, as described above. The stations affected - XERC at 790, XEQR at 1030, XEJP at 1150, and XEEST at 1440 - have all gone off the air. In exchange, XEINFO 1560 AM is on with a regular format (read: not automated Regional Mexican music without PSAs or INE spots) for the first time since it was sold to Eduardo Henkel Rojas in 2008, a move likely facilitated by the definitive end of legal proceedings between GRC and José Gutiérrez Vivó.
So four fulltime, significant signal AMs were just shut off!
And the, a few days ago, GRC reported its Q1 financial results to the Mexican equivalent of the SEC. They disclose that KXOS in Los Angeles lost approximately U$S 950,000 in the first three months of the year. The company's Mexican operations, though, were profitable.
Ah, and I feel so smart for turning down those job offers!
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