ï
We could use a station like this here in Ma.
Bob Young
----- Original Message -----
Sent: Wednesday, July 27, 2005 6:54
PM
Subject: [IRCA] Problems at KTOZ 1060
Springfield, MO
This comes courtesy of John Tudenham:
Springfield radio
station gets no bids on eBay
Published Friday, July 8,
2005
SPRINGFIELD (AP) - The majority owner of a small radio station in
Springfield got no takers when he put his stake up for auction online - and
now he might have to find a new staff.
Matthew Johnson of Houston put
the shares of KTOZ-AM on Internet auction house eBay with a minimum starting
bid of $300,000. The auction ended Wednesday with no bids listed online,
although Johnson said he received about 35 responses.
"When I sell my
67 percent to person A, B or C, then it would allow the new owner to make any
changes they see fit," Johnson said. "I would like to find somebody who would
make me a reasonable offer for my shares and that would allow the station to
continue operating in Springfield."
All of this was news to the
stationâs general manager, Bill Thomas, who said yesterday he plans to
resign.
That could turn out the lights for the station, run largely by
volunteers.
"He told me nothing whatsoever about it," Thomas, a
minority shareholder, said. "Unless they get together and appoint new
leadership, it will probably shut down."
Johnson said the station
employees could buy out his shares. But Thomas said the volunteers arenât
willing to pour more money into the station, which he said has trouble selling
advertising and isnât in good financial health.
KTOZ, which its DJs
call "The Unforgettable Station," features an eclectic blend of music, ranging
from oldies to jazz and blues.
_______________________________________________
IRCA
mailing
list
IRCA@xxxxxxxxxxxxxxxx
http://dallas.hard-core-dx.com/mailman/listinfo/irca
Opinions
expressed in messages on this mailing list are those of the original
contributors and do not necessarily reflect the opinion of the IRCA, its
editors, publishing staff, or officers
For more information:
http://www.ircaonline.org
To Post a message:
irca@xxxxxxxxxxxxxxxx
|