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Author Topic: Want fries with that riff?  (Read 1827 times)
danman425
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Re: Want fries with that riff?
« Reply #10 on: April 14, 2012, 09:34:05 AM »

Did you guys know that the CEO of Dicky and the CEO of cumulus are brothers? One Dicky station is even in the same building as all the other cumulus stations.
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DJ Dan
jabba17
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Re: Want fries with that riff?
« Reply #11 on: April 14, 2012, 10:04:23 AM »

What isn't pathetic.  The Fan @ 680 and 100.5 Here we come!

Not going to happen.  How would the money be split between the Dickeys and Cumulus?

Aren't the Braves simulcast on 680 and 100.5?  For the Dickeys to determine a revenue split, wouldn't they just have to meet with...themselves?

yes and no.  You have to be somewhat careful when dealing with the IRS when two different corporations are splitting revenue.  There should be a contract.  Cumulus is not a subsidiarity of Dickey Brothers (yet).  Cumulus is a publicly held company:

http://data.cnbc.com/quotes/CMLS

and Lew only owns 5%

http://data.cnbc.com/quotes/CMLS/tab/8


I am sure (or at least sure they are supposed to!) that they have to operate Cumulus and Dickey Broadcasting at the proverbial "arm's length" and contract everything properly in writing and pay for everything at fair market value.  If the IRS doesn't care the SEC and the holders of CMLS I am sure would, not to mention the institutional and other investors in Cumulus Radio Investors (and, previously, CMP).

If 100.5 were to start simuling 680, they (Cumulus and Dickey) would probably just make it easy on themselves and LMA 100.5 to Dickey.  Note that this would have NO effect on the 8/5 FCC station limit in the ATL market, since Cumulus and Dickey have to count each other's stations because of the shared control.
« Last Edit: April 14, 2012, 10:08:05 AM by jabba17 » Logged

"When broadcasting over the radio, there are certain words we must omit.
Like 'BEEP' and 'BUZZ' and 'GOBBLE-GOBBLE', by gosh we can't even say shhhhhaving cream!"
RoddyFreeman
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Re: Want fries with that riff?
« Reply #12 on: April 14, 2012, 11:16:13 AM »

Did you guys know that the CEO of Dicky and the CEO of cumulus are brothers? One Dicky station is even in the same building as all the other cumulus stations.

Not only in the same building, but in the same space.  And it's all 3 Dickey stations; 1230 and 1340 don't have studios.
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RadioFlyerAtl
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Re: Want fries with that riff?
« Reply #13 on: April 15, 2012, 11:18:19 PM »

...1230 and 1340 don't have studios.

WFOM and WIFN do have studios alongside WCNN.  Since they're normally automated, those studios are primarily used for production purposes, but they do have fully equipped broadcast studios.
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