[BC] Clear Channel planning to sell off

[Robert Meuser]

Scott:

A great opportunity for you to grab a station, one with a fulltime 
license. OR maybe a few of you buy a few stations and either move or 
shut them down so you can collectively improve your existing properties.

R


Bailey, Scott wrote:

>I have an "inside source" in CC telling me what might be happening to
>the small AM's here in TN that CC owns. They don't want them; they are
>nothing but a burden to them.
>
>Those little stations, sit there all day long, with some form of
>Satellite
>Automation, and make no money for them. Robert, now wouldn't make sense
>to sell a 500 watt daytimer to a local O & O, and CC recoup some losses,
>and put that money where it is needed, say an up grade on a FM, Class C,
>in a completive market?
>
>They could put some of that money in Prophet, and build that business up
>to more than what it is doing. I use Digital Juke Box, and right now, it
>beats Prophet hands down, and in more affordable for the smaller
>broadcaster.
>
>Yes, I realize during the mergers that had to take those little AM's to
>get what they wanted, but it's time they let them go. I know of plenty
>of folks that would be great O & O's for some of those little AM's.
>
>WOAI was their first biggie, and they have always and will, IMHO,
>continue to do a great job with it. They are doing well with WLAC here,
>despite what the numbers say, WLAC is "kick tail" on AM. The
>reorganization is a good idea to allow them to focus on what's more
>important.
>
>I know of one they may sell that I may make an offer on.
>
>Scott
>
>-----Original Message-----
>From: broadcast-bounces at radiolists.net
>[mailto:broadcast-bounces at radiolists.net] On Behalf Of Robert Meuser
>Sent: Friday, September 15, 2006 10:43 AM
>To: Broadcasters' Mailing List
>Subject: Re: [BC] Clear Channel planning to sell off
>
>Scott
>
>
>That is a revisionist version of history.  8 years ago CC as we now know
>
>it did not exist. If you look back, CC stations with big stations like 
>WOAI. Then then merged with Jacor which had large medium and some small 
>stations. It was AM FM that bought a large number of small stations ( 
>and bought Prophet). They merged with Chancellor Media Corp which was a 
>merger of Chancellor Broadcasting and Evergreen. It was only after all 
>that happened, that the final Clear Channel merger came along and made 
>it the Giant Company it is today. Those small stations were already
>there.
>
>R
>
>
>
>
>Bailey, Scott wrote:
>
>  
>
>>CC here in Tennessee has several "small town" AM's they want rid of.
>>They are underperforming, some of them 500 watt to 1 KW "Daytime Only"
>>stations. When they purchased these station, they there was a FM
>>involved, and they had to take the AM when they purchased the FM they
>>wanted.
>>
>>About two years ago, they owned 1 FM and two AM's in Crossville, TN.
>>They got rid of all of them quickly due to that area is an
>>underperforming, unrated, market.
>>
>>I said this 8 years ago, they bit off more than they can chew, and
>>    
>>
>would
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>
>>start selling station, especially small AM daytimers.
>>
>>Scott 
>>
>> 
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