Jim Cramer says it's over for radio

If it's happening around us, post it here. All topics regarding our border states go here.

Moderators: Hoosier Daddy, The People's DJ, Arp2

Post Reply
Force Commander
Member
Member
Posts: 707
Joined: Wed Jul 25, 2007 11:19 am

Jim Cramer says it's over for radio

Post by Force Commander »

"We are the CC Borg. Lower your shields and surrender your broadcast stations. We will add your biological and creative distinctiveness to our own. Your broadcast personality will adapt to service us. Resistance is futile."
AmpedNow
Member
Member
Posts: 2415
Joined: Tue Apr 16, 2002 4:46 am
Location: none

Post by AmpedNow »

This is somewhat related to his XM/Sirius merger rant against Big Radio I posted a little while back.

index.htm/viewtopic.php?t=14736


While radio is still popular on Main Street, it's finished on Wall Street.

It should have never went there in the first place.
User avatar
lastone
Member
Member
Posts: 685
Joined: Tue Jul 11, 2006 9:37 pm
Location: Barboursville, WV
Contact:

Post by lastone »


It should have never went there in the first place.
DAMN RIGHT !!
http://www.thenewoldiesshow.com
WRSG Knights 91.5 Middlebourne-Sistersville, WV 5 PM Eastern Wednesdays (Repeats 7 AM Thursdays).
106.3 The Double Q, Farmington, Iowa, 10-11 AM Central time, Wednesdays.
Buckeye Broadcasting, Cambridge, Ohio, 10 AM Eastern time Friday and other days on Live 365.com
WBPS 101.9, Cambridge, Ohio
KZBZ 92.1, Williams, Arizona,
Sundays.
User avatar
CZA
Member
Member
Posts: 26
Joined: Fri Nov 18, 2005 10:56 am
Location: ...down in the boondocks

Post by CZA »

Now maybe people who actually love radio have a crack at ownership since the money people no longer see a broadcast station as just a goldmine.

This has happened in other industries too.
User avatar
genlock
Moderator
Moderator
Posts: 5867
Joined: Fri Dec 21, 2001 4:09 pm
Location: OW

Post by genlock »

Yeah, like Ice Delivery and Wagonwheels.
"Everyone Should be aware that you're just a screen grab away from infamy."
User avatar
Arp2
Moderator
Moderator
Posts: 2136
Joined: Fri Mar 25, 2005 10:58 pm

Post by Arp2 »

Jim's paradigm is "investment vehicles."

There are many industries that chug right along that Jim considers "dead" because they're no longer "growth" industries (even though they might and probably do grow a little...even a little more than inflation, in many cases). If you listen to Jim, you'll hear him say, "Growth is like crack to Wall Street." And him, of course.
"I don't know the same things you don't know."

"Yes, you do; you just won't admit it!"


"Yeeee...it looks like a 'Belt Buckle & Ball Cap' convention in here......"
User avatar
cgarison
Member
Member
Posts: 2032
Joined: Sat Dec 15, 2001 11:28 pm
Location: The Encampment

Post by cgarison »

Cramer is nuts.

Radio is not dead although it is not a place to put money in stock purchases in hopes of getting a quick buck through an acquisition.

Of course, CC is held by private equity so not much matters.


Or what Arp said. He watches the same TV and read the same websites as me.
The first step in a successful revolution is to defeat all competing revolutionaries.
User avatar
CZA
Member
Member
Posts: 26
Joined: Fri Nov 18, 2005 10:56 am
Location: ...down in the boondocks

Post by CZA »

Ice delivery and wagonwheels? Do you think radio=ice delivery and wagonwheels in today's marketplace? Some people think it does.

Cramer is all about the next big thing. To him radio is old hat. Although did you catch what he said about Black and Decker? He thinks the checks from the eco. stim pkg. means serious home improvement and repair and a payday for B&D.

We'll see....
User avatar
Big Media
Member
Member
Posts: 2286
Joined: Fri Oct 14, 2005 12:46 pm
Location: Cruising I-64

Post by Big Media »

Krockpot wrote:While radio is still popular on Main Street, it's finished on Wall Street.
That may be the best summation I have seen on this topic. I believe there will always be an audience and if there is an audience, there will be someone wanting to sell to that audience.

With ownership the way it is now, advertisers are hearing "if you want on our flagship station, you must also buy into our piece of shit AM." So the idiot advertiser buys the piece of shit AM, sees a very low ROI as far as results from the advertising, then bolts from radio altogether.
Post Reply