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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?

To: Thomas A Watson who wrote (167357)	8/3/2001 1:24:34 AM
From: calgal	Read Replies (1) \| Respond to of 769667

Tom: Was the station sold? I have not read yet, but there are better stations in the NYC Market. I have never thought of WEVD as doing anything but brokering time. I have had many dealings with them. Thanks for your info. Westi

To: Thomas A Watson who wrote (167357)	8/3/2001 1:28:36 AM
From: calgal	Respond to of 769667

I Found it. This radio business is a puzzle, and the pieces keep changing! Westi Can WEVD 'FAN the flames in NYC Sports derby? (8/2) Walt Disney (N:DIS) subsidiary ABC Radio has found a home for its ESPN Radio Network in the Big Apple. An LMA/option deal with Jewish newspaper publisher The Forward Association gives ABC the 1050 kHz perch of WEVD upon which to launch the service in the nation's largest radio market. Launch date is to be 9/1. The option portion of the deal gives ABC two years to buy the station for $78M. ESPN will be the second challenger to Sports radio icon WFAN, the Viacom/Infinity (N:VIA) institution which is widely credited with being the first station in the US to adopt the format full time. 620 kHz WJWR-AM has been running a Sports format as an O&O of One-on-One Sports since 1997. One-on-One was sold lock, stock and barrel to Paul Allen's Vulcan Radio late last year for $100M (RBR 12/18/00, p. 5, 14). One-on-One has since been renamed the Sporting News Radio Network. ESPN is no stranger to WEVD. The network's Dan Patrick is already holding down middays on the station. RBR observation: The deal will give ABC a unique superduopoly operation. As far as O&O's go, ABC only has an old-fashioned AM-FM combo (WABC-AM, WPLJ-FM). In addition to the LMA of WEVD, there is the LMA with the New York Times (N:NYT) for WQEW-AM, which ABC is using as a platform for its Radio Disney network. This is in all probability the only 3-AM, 1-FM, 2-LMA superduopoly in the US. rbr.com