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NorthEast Radio Watch 2/12 and 2/19/2024: Bell’s Big Sell-Off

Scott Fybush by Scott Fybush
February 14, 2024
in Free Content, Northeast Radio Watch
0

In this week’s issue… Bell sheds small markets, news staff – Audacy sells Boston sites – CT owner adds a signal – KDKA PD exits

By SCOTT FYBUSH

Jump to: ME – NH – VT – MA – RI – CT – NY – NJ – PA – Canada

[Programming note: we’re still here, and still on an irregular schedule as we deal with more ongoing family health issues and some upcoming travel. This double issue will serve as the Feb. 12 and 19 editions, and we’ll be back, and hopefully back on a more regular schedule, on Feb. 26.]

*CANADA‘s biggest media company is about to get considerably smaller. Bell’s announcement on Thursday was a stunner: cuts of 4800 jobs across its entire workforce, including hundreds within Bell Media; the end of weekend and holiday newscasts at most of its CTV stations; the cancellation of “W5” as a standalone TV documentary news show after more than half a century – and the impending sale of most of its small-market radio portfolio, 45 of its 103 stations nationwide.

Bell’s chief legal and regulatory officer, Robert Malcolmson, couldn’t have been blunter about the radio stations when he spoke to the Canadian Press:  “It’s because it’s not a viable business anymore,” he said. “This is a business that’s going in the wrong direction.”

THE LATEST FROM FYBUSH MEDIA

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It’s an integrated suite that brings together automation playout, scheduling, archiving, remote connectivity, apps and streaming, for full buyout or monthly payments with ongoing support, all at a price that’s probably less than what you’re spending now.

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Looking to get into station ownership? Our StationSale division has some great new listings for you, including a very successful multimedia combo including radio/digital/print in one of the finest small markets in the region, a major market FM translator opportunity, a profitable Midwest FM, an inexpensive entry into a fast-growing Western market, and a turnkey profitable FM/AM/translator small-market combo that’s ready for a new owner. Drop me a line at scott@fybush.com and I’ll set you up with an NDA and all the details…

 

And if your noncommercial FM station is ready to think about translators, there’s a filing window coming this fall from the FCC and it’s the perfect time to start making plans.

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Scott Fybush

Scott Fybush

Editor/Publisher, NorthEast Radio Watch and Tower Site of the Week

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