Posted by The Truth on January 24, 2011 at 15:34:15:
In Reply to: WLUP Changes Format To Attack WDRV posted by The Noise Is Gone on January 24, 2011 at 00:48:10:
Analysts? Which ones?
Is this Fox News? Do we make stuff up and say we got it from "sources"?
Don't broad stroke it when you're talking about something this serious.
: The Loop firing blanks in battle with the Drive over classic rock
: Even if Emmis were serious about competing — which I truly doubt — the company has no money to back it up. In the wake of its disastrous attempt to go private last year, Emmis is in such dire straits that if it doesn’t unload the Loop and alternative rock sister station WKQX-FM (101.1) in the next seven months, it is unlikely to avoid a default. Although both stations have been on the market for more than a year, no one has come forward with an offer. Now analysts believe the favorable deal Hubbard made with Bonneville last week will drive the value of Emmis’ stations even lower.
Post a Followup