David's figures are correct. As the CEO of Flying Bear commented to me, "I bought a job for life."
Well, Joe Bayliss grew up in a radio family, so what the heck, he has his dream job. I've heard one source say he is the sole owner and another say that there are 3 major owners. Regardless, the place apparently throws off cash, which is something Ron Cowan couldn't do for the 15 or so years he owned 92.7.
OTOH, when it rains, you can't hear 92.1 on Mt. Diablo Blvd, from a site where you can actually SEE the tower! They can't trim a tree next to the tower, and the water on the leaves interferes. Add in grazing livestock on the hill...now THAT's big time radio!
Oh? I haven't heard 92.1 since the new tower, but I remember that in the past it had a very good signal up and down the Diablo Valley. And it also hits some affluence, too.