Jim Cramer says it's over for radio
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Jim Cramer says it's over for radio
"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."
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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.
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.
- lastone
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DAMN RIGHT !!
It should have never went there in the first place.
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.
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.
- Arp2
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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.
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......"
"Yes, you do; you just won't admit it!"
"Yeeee...it looks like a 'Belt Buckle & Ball Cap' convention in here......"
- cgarison
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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.
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.
- CZA
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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....
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....
- Big Media
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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.Krockpot wrote:While radio is still popular on Main Street, it's finished on Wall Street.
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.