Cherry Creek shuts down KROP after Q96 move.

[bob_international]

KROP AM Brawley is off air pending sale



"Cherry Creek Radio Corp. is the owner of KROP. The station was sold because without an FM station in the same market it “doesn’t make sense from a competitive standpoint” to continue running the AM station."



Entire story:

http://www.ivpressonline.com/articles/2010/04/03/local_news/news04.txt

 

[philosofy]

And it says that Q96 is for sale. Wonder how much they want for the station? I can offer the change under my couch cushions.

 

[BossRadioDJ]

The station was sold, Driskill said, because without an FM station in the same market it "doesn’t make sense from a competitive standpoint" to continue running the AM station.

Follow the amazing logic in that: we moved the FM station, which, in effect, killed the AM station. And now the FM is for sale. Who saw that coming!

Sometimes I think that the slick idiots running radio stations should go back to selling used cars or term life insurance, and let people who love radio run radio stations...

 

[RadeoEngineer]

And it says that Q96 is for sale. Wonder how much they want for the station? I can offer the change under my couch cushions.

Of course it's for sale, and it's worth is about your couch change. The only reason there ever was to move it into the San Diego market was to sell it. The next question is who the hell would want it? And where the hell is Boulevard?

 

[musicman3355]

And it says that Q96 is for sale. Wonder how much they want for the station? I can offer the change under my couch cushions.

Of course it's for sale, and it's worth is about your couch change. The only reason there ever was to move it into the San Diego market was to sell it. The next question is who the hell would want it? And where the hell is Boulevard?

If I was rich enough to buy a radio station I wouldn't buy that one! That was pretty stupid of Cherry Creek to move the station just to sell it. It's like getting millions of dollars and getting rid of it!

 

[Garrett]

And it says that Q96 is for sale. Wonder how much they want for the station? I can offer the change under my couch cushions.

Of course it's for sale, and it's worth is about your couch change. The only reason there ever was to move it into the San Diego market was to sell it. The next question is who the hell would want it? And where the hell is Boulevard?

I hear Jerry St. James is in the market for a station...

 

[bob_international]

From an earlier story about moving Q96.


For 25 years, the station has been a ratings and revenue leader, said Station Manager Tony Driskill. While in Imperial County the station is worth $5 million, but by moving it to San Diego, the price goes up to $25 to $40 million.

 

[mj]

its definitely not worth $25 million these days. I don't think they can get $10 million these days.

 

[RadeoEngineer]

its definitely not worth $25 million these days. I don't think they can get $10 million these days.

They'd do well to get a few hundred k.

 

[philosofy]

Any estimates on what they would have spent to put the new tower and move everything from the valley to SD?