Big A - I talked to Powell recently (heck, of all days last Wednesday before all heck came ashore), and as usual, they thought they had gold entities. But, they were willing to talk. They paid less then 250k a stick for those stations. AND IT WAS TOO MUCH when they bought them. They never could get any real advertising to kick in and the facilities were falling apart. AND IT WAS TOO MUCH TOO INVEST IN THEM. Now this horrific hurricane has nailed the coffin on these, and sadly, Powell (a multi million if not more company) is smart enough to look at the situation and look at the fact that the insane tower rental costs and crazy expenses of running stations in this market is TOO MUCH EXPENSE TO WASTE EVEN $1. This has been said on here a hundred plus times. Problems started in the mid-80's. The market is just way, way over radioed. But, Michael literally has wiped out so much of the area businesses that advertised to the locals that it will take years to just return to normal and normal was broke. Magic is in no better situation, in my opinion. I would also expect to see some serious "issues" with iHeart in the market, as well. The market needs no more than maybe a dozen signals and man, I hate to say it, this market may be the first real "test" for just how radio has fallen as people shift to other listening venues and a market strained by very limited advertising dollars. The daily afternoon paper version of radio has hit this area.Most on here know I love this area and the people (even more than I love the area's biggest fan, David Eduardo. But, just by a sliver of beautiful Emerald Coast white sand.) My guess is it will take $5-$6M long term investment just to ride out the build outs, low advertising budgets and start up costs. I think they made the right choice (heartbreaking to me.) I do not see how this will ever pay off with all the obstacles in the market. Run Tibbs Run. I want to not. Charlie may see this. I am actually glad he doesn't have to add fixing these stations at this point of time. Too much on one guy and his team.