Posted In: Miami
Entercom is generally a good company, and the Fields are decent people. However, they are very much business people, and they don’t offer a lot of frills. From what I’ve read, they’re not keeping the LFM management after taking over.
Sounds like my experience working for Keymarket. They didn’t throw money around (except for a very good listen at work campaign) but decent people.
Any word on where the Entercom acquisition of Lincoln Financial is? I can’t find anything beyond the January 2015 story . There is actually more info here than on the other boards . . . and there isn’t much talk about it here. In fact, in looking over the LFM site, they have put up new, recent/current employment notices for new positions…they are still hiring in various markets. So, is the deal with Entercom dead?
Cut and pasted off the Atlanta boards regarding the Entercomm LFM deal —
“Unconfirmed rumor has the Entercom deal cratering and Alpha picking up the LFM stations. Both good companies. The fat lady still needs to sing, I guess.”
from website for L&L Broadcasting
L&L Broadcasting LLC is a radio broadcasting company based in Portland, Oregon and led by Larry Wilson, who also runs Alpha Broadcasting. The broadcasting group is sometimes referred to as Live and Local, and also operates through the companies L&L Broadcast Holdings LLC and L&L Licensee, LLC.
Either deal means job losses. When does any redio deal ever mean MORE jobs?
Agreed, Early Riser. Especially when all stations have basically eliminated the evening 7 to 10 PM, the 10 PM to 2 AM, and the overnight 12 Midnight to 6 AM shifts, and the weekends — the training ground and “break in the biz” shifts. The only live jocks/shows (and most of those “shows” are voice tracked, mornings are hardly “local” anymore) are from 6 AM to 7 PM. Then with the clusters, you got one person in a position, say traffic, doing four stations, so that’s three people out of work right there.
And It’s not just Lincoln Financial; Palm Beach Broadcasting and Classical South Florida are probably going to suffer job losses/cuts across eight stations/brands.
Lincoln has 3: 790 WAXY/104.3, and 102.7 Magic, and 101.5 Lite
Palm Beach Broadcasting has 4: 97.9 WRMF, and X 102.3, Sunny 107.9, and 103.1 WIRK.
Classical South Florida has 1 with 89.7 WKCP/WPBI 90.7.
There probably will even be cut backs at WFTL 850 and WMEN 640, once the Digity Media sells off its Palm Beach cluster and the LMA for 850 and 640 goes away. There is the opinion that Jorgensen is only cleaning up and getting the properties to a sellable condition, and that running the same old JCR business model on WFTL and WMEN doesn’t make much sense in the long term if Jorgensen keeps them. On all four PBB’s stations sites, they’re advertising for a PD for WFTL/WMEN. The poor guy that gets that gig won’t last long.
I hate to start new threads. This “fits” here . . . .
It’s Official as of November 17, 2017 — Entercom And CBS Radio Merge
Full Reported story here on All Access https://www.allaccess.com/net-news/archive/story/171562/it-s-official-entercom-and-cbs-radio-merge
CEO David Field’s memo to employees here on Radio Insight: https://radioinsight.com/headlines/121072/entercom-completes-cbs-radio-merger/
Guess Entercom will be clearing out the Holly Hill Road digs and complete the move to The Citadel on N.E. Second Ave. That story is on the South Florida Biz Journal at https://www.bizjournals.com/southflorida/news/2017/01/03/radio-broadcasting-company-to-move-104-employees.html
I am sure format flips and job consolidations (just in time for the Holiday Season) are forthcoming. Prayers and hopes everyone lands on their feet.
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