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Author Topic: OTA: 107.3 Hit Music "NOW" losing STEAM?  (Read 267 times)
Rob-42
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OTA: 107.3 Hit Music "NOW" losing STEAM?
« on: January 27, 2012, 06:22:25 PM »

I'd like to see them put hotels/casinos here in Navarre.. think of the JOBS!!

But that would be cool to have gambling - I can get a job at security.

-Rob
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poledo
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OTA: 107.3 Hit Music "NOW" losing STEAM?
« Reply #1 on: January 28, 2012, 12:22:10 AM »

They already Poker tables in West Pensacola and Ebro (between Panama City and San Destin).  They also have some type of gambling hall in Gretna (just west of Tallahassee).  As far as I know the only things currently banned in all of Florida are slots and sports books.  I have little hope of legal sports books (outside of horse racing, dog racing and Jai Alai).  It would be cool to be able to place a legal bet on college football and boxing/mma fights without using an overseas book in Panama.
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amfmxm
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OTA: 107.3 Hit Music "NOW" losing STEAM?
« Reply #2 on: January 28, 2012, 03:09:26 PM »

Valid points on all subjects in a wandering thread! Yes, someone could-and-most likely will eventually tag-team several of the smaller FMs into a Mobile-Pensacola-FWB string. Problem is, right now, the station-trading market remains extremely slow due to lack of financing and the vast gap between what current owners paid 10 years ago and what the sticks are worth today. (My guess re the Qantum/Apex deal in FWB is that Qantum is acting as "the bank" for a favored friend-buyer). Generally, ain't nothin' happenin' nowhere.

The current version of CC would prefer to be out of small markets, altogether. Most are parked in trusts until the aforementioned station-trading market rebounds, though they still operate some (PC, for instance). But San Antonio isn't looking for markets like FWB anymore. It took them 10 years to determine that one sales call in LA or NYC could yield more than a year of cash flow in markets like Fort Walton, but once they figured it out...

On the TV side, fewer than 10 percent of viewers use a broadcast signal directly, and it is shrinking daily. A translator in FWB is a huge waste of good cash.

And FWIW, as every state rushes to open casinos, the positive economic impact of casinos on communities grows less and less. In the northeast (CT, NY, NJ, PA, MD, DE, WV) they're popping up on every corner. Why travel to the next state over when you can just drive across town to gamble away your paycheck? Point is, new casinos are becoming a zero-sum game. Whatever money they bring in would have stayed in the community anyway--just spent on groceries or clothes instead of slots.
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poledo
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OTA: 107.3 Hit Music "NOW" losing STEAM?
« Reply #3 on: January 28, 2012, 06:04:40 PM »

The current version of CC would prefer to be out of small markets, altogether. Most are parked in trusts until the aforementioned station-trading market rebounds, though they still operate some (PC, for instance). But San Antonio isn't looking for markets like FWB anymore. It took them 10 years to determine that one sales call in LA or NYC could yield more than a year of cash flow in markets like Fort Walton, but once they figured it out...

Thing is that Clear Channel's old FWB station, 98.1, was run out of the Pensacola offices... which I assume share most resources with CC Mobile.  It would have been cheap as hell to keep the Fort Walton-Pensacola station and possibly add some of the numerous other FWB stations to the portfolio.  I've never understood why CC would have a cluster in Albany, GA (very little money) while abandoning Fort Walton (good money).  It does make perfect sense that they wouldn't want anything to do with Dothan, AL... some of the Mississippi markets seem very odd too.  Biloxi and south Memphis are the only markets that make sense.

And FWIW, as every state rushes to open casinos, the positive economic impact of casinos on communities grows less and less. In the northeast (CT, NY, NJ, PA, MD, DE, WV) they're popping up on every corner. Why travel to the next state over when you can just drive across town to gamble away your paycheck? Point is, new casinos are becoming a zero-sum game. Whatever money they bring in would have stayed in the community anyway--just spent on groceries or clothes instead of slots.

The casino business would do well in North West Florida.  Alabama is very hostile to anything gambling related. Alabama's one of what, 5 states?, that don't have a lottery.  They've put the cross hairs on everything gambling related in the state with the exception of the Creek Indians in Atmore.  Anyone have a clue why the Atmore casino doesn't get any attention from Montgomery?  The proposals for new casinos in Florida are very limited.  Like the metro Pensacola area would only be allowed to have one to three gambling facilities... and not all would necessarily be full fledged casinos  If the limit is one, I'm screwed.  If they allow the second proposed site, inside the city limits, I'll be putting a ton of cash in the bank.
On another gambling tangent.  Attending one of the legal Cock-Fights in Louisiana before Peta get's it outlawed is on my short bucket list.  Anyone know how to pick the right rooster to bet on?
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Darth_vader
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Re: OTA: 107.3 Hit Music "NOW" losing STEAM?
« Reply #4 on: January 31, 2012, 01:56:51 PM »

Poledo, the Decency Police would rather we call them "chicken fights" these days.
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poledo
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Re: OTA: 107.3 Hit Music "NOW" losing STEAM?
« Reply #5 on: January 31, 2012, 02:31:07 PM »

... no one picked up on my subtle "bucket" joke there at the end.  I must be loosing my touch.
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Yeziknoradio
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Re: OTA: 107.3 Hit Music "NOW" losing STEAM?
« Reply #6 on: February 01, 2012, 08:41:39 PM »

...so the solution is to go Country?  Huh
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poledo
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Re: OTA: 107.3 Hit Music "NOW" losing STEAM?
« Reply #7 on: February 01, 2012, 08:48:19 PM »

...so the solution is to go Country?  Huh

This is Dixie.  Country is always the solution.
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