Posts Tagged ‘WQHZ’

Fall ratings: Connoisseur strengthens Erie radio domination

The twice yearly ratings horse race between Star 104 and Classy 100 has turned into a yawner.

The Fall 2009 Arbitron ratings released Friday afternoon confirms the amazingly strong hold that the Connoisseur Media cluster has over Erie radio listeners. Although it’s lead 12+ has softened, WRTS/Star 104 continues as Erie’s most listened to broadcast radio station. Meanwhile the flagship station for the Citadel group in Erie, WXKC/Classy 100 has continued its slide in share of audience over at least five books to be ranked fourth.

The big winner of the Fall was WTWF/93.9 The Wolf who garnered their best book ever, good for second place. Rounding out Connie Media’s top stations was WXBB/Bob FM, who scored their best book since they debuted in 2007.

Been a long time since we rock and rolled the ratings. WRKT/Rocket 101 and WQHZ/Z-102.3 have taken what was 17 shares of listenership two years ago and grinded it down to 11. It looks like Rocket especially hasn’t put the jets onto expanding its base.

As far as AM goes…simply, nothing to see here. While AM stations crush their competition in the markets surrounding us in ratings and billing, our offerings have received no investment from their owner companies and so they got what they paid for.

Finally, the third biggest jump up came from my alma mater WCTL, who scored their best book in memory and is knocking on the door of once-prominent WXTA/Country 98.

You can see all the hard numbers at AllAccess.com (registration required).

Classy’s parent files bankruptcy

As reported by AllAccess.com this afternoon:

CITADEL BROADCASTING, the nation’s third biggest radio broadcaster has indeed filed for bankruptcy in NEW YORK on SUNDAY (12/20), by filing a voluntary petition with the bankruptcy court.

The bankruptcy filing, as ALL ACCESS first reported earlier this month (NET NEWS 12/10), is a pre-arranged deal with lenders to swap debt for equity and will reduce CITADEL’s debt load to about $762.5 million.

The filing lists assets of $1.4 billion weighed down under $2.5 billion in debt. A huge, unserviceable debt and interest payment was due on JANUARY 15, 2010, which forced the Chapter 11 filing.

Citadel owns WXKC (Classy 100), WXTA (Country 98), WQHZ (Z-102), and WRIE (ESPN Radio) in Erie.

Deep Background for November 15-21, 2009

Whispers became a shout this week as executives at Citadel Broadcasting are indicating that they may have to go Chapter 11 ahead of a scheduled January debt payment that the owners of WXKC, WXTA, WQHZ, and WRIE don’t have. To hear Jerry Del Colliano of Inside Music Media talk, there could be consequences for the last remaining local morning show in the group: The Breakfast Club.

For me, I think it would be crazy for Citadel to gore their only real cash cow, Classy 100. But a note of appreciation for Chuck and Brenda to the station would be timely.

I just sounded off, how about you? What’s your take on this challenging media environment? Did you spend any funny money on last week’s ETN millionaire auction? What’s the latest scoop at your media outlet? For all this and more, this open forum is our sounding board.

You can leave a comment, e-mail me at joel@nataliemedia.com or tweet@pressandtower.

Embrace the chaos!

The Feed for the Weekend of Feb. 28th & March 1st

  • Classy 100 parent to be delisted: Citadel Broadcasting Corp., the group owner of WXKC, WXTA, WQHZ, and WRIE will be delisted from the New York Stock Exchange this week, according to AllAccess.com. Citadel will be become an “over-the-counter” stock with a new symbol to be determined. The stock has been trading over 30 days at under $1 and the market cap is under $75 million, both conditions for trading on The Big Board. CDL closed down a nickel Friday, to 0.09, dropping its market cap to $24.30M.
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Star 104, Connie Media dominate Fall 2008 book

In one of most lopsided ratings outcomes since corporations took over most of Erie radio, WRTS/Star 104 and Connoisseur Media emerged with a much greater share of audience than rival WXKC/Classy 100 and Citadel Communications.

As part of a near Connoisseur sweep of the top 5 slots in the Erie radio ratings, WRTS increased their average share by 40 percent, beating WXKC by almost six share points. The rest of the top five were WRKT/Rocket 101 at #3, WTWF/93.9 The Wolf at #4, and WXBB/Bob-FM 94.7 fifth.
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The Feed for Thanksgiving Weekend, 2008

Editor’s note: Sound off, give a shout out on “Deep Background,” our totally-random open discussion of all things Erie media.

  • Country 98 takes hit for Citadel’s bigger market stations: In Dave Richard’s interview with Citadel/Erie GM Jim Riley published Friday on GoErie.com, Riley was quoted that although revenues are up in Erie over last year at the four-station cluster, they continue to have to cut staff. “We’re part of the company and had to participate in getting costs under control,” Riley said. Therein lays the inherent downside of corporate ownership: even though your division or market is making its nut, you have to suffer for the underperformance of other markets. In Citadel’s case, their larger markets are greatly behind targets, so they proportionately suck more money out of their thriving smaller markets. For Country 98 it means going with a syndicated morning show, Big D and Bubba, and Elly McVay wears the cowboy hat in middays and the biker do-rag for drive time on Z-102. Be watching for some background on Big D & Bubba next week on P&T.
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