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Response to the_chinuk (Original post)

Sat Nov 10, 2012, 12:47 AM

6. Bain's "Fattening Up The Turkeys"...

Now that Willard's lost, Bain no longer has a need to own Cheap Channel. The first move is to gut operations that are either losing money or marginal...and try to fatten up revenues. Political talk...right and left...have become economic liabilities over the past couple years while Sports talk is cheap, not controversial and one of the few remaining AM formats that make money. Next year Bain and Cheap Channel face over 14 billion in notes that either have to be paid or rescheduled...and I suspect that we'll see a lot more of these type of changes coming as Bain gets ready to do the vulture capital thing to this corporation. In the meantime it sucks for the folks in Portland...KPOJ was one of the most successful Progressive talk station in the country. Hopefully another station will jump on the opportunity...

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Arrow 13 replies Author Time Post
the_chinuk Nov 2012 OP
SubgeniusHasSlack Nov 2012 #1
Systematic Chaos Nov 2012 #2
99th_Monkey Nov 2012 #3
alp227 Nov 2012 #8
99th_Monkey Nov 2012 #9
darkangel218 Nov 2012 #4
DeSwiss Nov 2012 #5
LineNew Reply Bain's "Fattening Up The Turkeys"...
KharmaTrain Nov 2012 #6
DiehardLiberal Nov 2012 #7
Jenoch Jan 2013 #13
Joyby Nov 2012 #10
mimi85 Nov 2012 #11
livingonradio13 Nov 2012 #12
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