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Author Topic: Lincoln Financial layoffs?  (Read 2385 times)
roxy23
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Lincoln Financial layoffs?
« on: January 31, 2012, 04:43:44 PM »

Hearing about some significant cuts today at Miami's Lincoln Financial stations - WLYF, WMXJ and WAXY.  Anyone else hear the same?
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Earlyriser
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Re: Lincoln Financial layoffs?
« Reply #1 on: January 31, 2012, 09:23:16 PM »

Yep..many folks. Why now?
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Earlyriser
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Re: Lincoln Financial layoffs?
« Reply #2 on: January 31, 2012, 09:24:50 PM »

And LYF going with TESH evenings...cheap cheap cheap!
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Earlyriser
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Re: Lincoln Financial layoffs?
« Reply #3 on: February 01, 2012, 07:02:01 AM »

The "New" Majic...some sounders, liners, and more uptempo tunes. Is this "greatest trax" thing actually "new"? Why the layoffs?
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Earlyriser
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Re: Lincoln Financial layoffs?
« Reply #4 on: February 01, 2012, 07:04:04 AM »

Oh, and i guess news is blown out, too.
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Earlyriser
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Re: Lincoln Financial layoffs?
« Reply #5 on: February 01, 2012, 08:54:51 AM »

Interestingly, there was an ad for a marketing Director job at LFM. Did the old mktg dir. get the ax?
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DJ Oldschool
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Re: Lincoln Financial layoffs?
« Reply #6 on: February 01, 2012, 02:56:44 PM »

I know he's only been PT in a PR/Goodwill Ambassador role, but I heard Rick Shaw got cut.  Stay Classy Lincoln Financial.
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blackgold
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Re: Lincoln Financial layoffs?
« Reply #7 on: February 01, 2012, 04:08:22 PM »

All the deejays are gonna be fired and it'll be all voicetracked.
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WhoDat!
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Re: Lincoln Financial layoffs?
« Reply #8 on: February 01, 2012, 07:21:08 PM »

wmxj has been under performing for years, maybe you have to be there but i would think that miami would have alot of older demos & retirees and SHOULD DO BETTER, unless its a myth that folks retire to florida.
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DavidEduardo
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Re: Lincoln Financial layoffs?
« Reply #9 on: February 01, 2012, 07:47:14 PM »

wmxj has been under performing for years, maybe you have to be there but i would think that miami would have alot of older demos & retirees and SHOULD DO BETTER, unless its a myth that folks retire to florida.

The idea that Miami/Dade is packed with retirees is a myth. Broward, while certainly having retirement communities, is not that densely packed with retirees either. The fact is that the Miami metro is too expensive for most retirees. And the market is over 50% Hispanic... not the environment a lot of retirees seek.

Because of the high percentage of Hispanics... and the fact that Hispanics over 55 are nearly 70% Spanish dominant... makes for a more limited market for any kind of oldies and classic hits format.

Keep in mind, too, that stations can't monetize audiences over age 55 in markets like Miami.
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