Tag Archives: WBLS

Emmis Buys WBLS and WLIB for $131 Million in Cash

BLSEmmis is adding to its New York stockpile. The Indianapolis-based media company has agreed to acquire Urban A/C WBLS, the number two station in New York, and Urban Gospel sister station WLIB-AM from YMF Media.

The price tag is $131 million in cash to be paid in two installments, approximately $55 million after the FCC grants the licenses, expected in the summer. The second amount–$76 million–will be paid in February 2015.

The transaction once again would give Emmis three stations in New York, joining WHQT/Hot 97.

“Today’s announcement is indicative of our belief in the US radio industry and our desire to increase our footprint in the nation’s largest market,” Jeff Smulyan, President & CEO of Emmis Communications, said in a statement. “Emmis has deep ties to the New York African-American community, and it is with great pride we take the helm of these iconic stations.”

Last year, WBLS and WLIB reported approximately $32 million of net revenues and more than $16 million of station operating expenses..

The WBLS/WLIB operations and studios have been co-located with HOT 97 since 2012.

Reportedly, Deon Levingston, CEO of YMF Media and General Manager of WBLS/WLIB, will become GM of Emmis’ New York cluster when the Local Marketing Agreement commences.

YMF took control of WBLS/WLIB in October 2012 after parent company Inner City Broadcasting filed for bankruptcy.

Al Sharpton Keeping it Real on WLIB

Sharpton2

(l to r) Gary Bernstein, Skip Dillard, Al Sharpton, Chales Warfield, Pres./COO, YMF Media, Deon Levingston, VP/GM,YMF Media.

Reverend Al Sharpton has taken his weekday syndicated radio show to WLIB 1190 AM. Keeping it Real will be heard live from 1 to 3 p.m. The program focuses on current topics, news, and issues affecting African American communities.

Skip Dillard, operations manager for WBLS/WLIB, states “Reverend Al’s weekday show is a perfect fit for WLIB, a station with a history of both inspiration and information. Rev. Sharpton has a long history with WBLS and WLIB.  We’re super-excited to now have him at work with WLIB listeners each weekday!”

Gary Bernstein, Vice President of Programming for Reach Media Inc., attests, “We appreciated the tremendous support from our former affiliation with WWRL, but the opportunity of a live clearance on WLIB from 1p to 3p in the biggest radio market in the country was the motivation for us to make the switch. We are also enhancing what has been a special relationship with our friends at YMF Media and WBLS/WLIB.”

Few political figures have been more visible during the last two decades than Sharpton, the head of the National Action Network. His daily radio show, Keepin’ it Real with Rev. Al Sharpton broadcasts in syndication in more than 40 U.S. markets.

WLTW Holds at Number One; WCBS-FM Closes Gap Slightly in 2nd

wltw_2010_200x90By JERRY BARMASH
(@jerrybarmash)

It’s a familiar pattern: WLTW/Lite-FM was the top-rated station in the 6+ Arbitron PPM ratings for May.

The nearest competitor, WCBS-FM, dropped .1 to 6.1, but it was still the Classic Hits home’s closest position to WLTW in many books.

WBLS remains locked in third with its newfound success as part of YMF Media. It saw a .3 rise to 5.9.

Z100 arrived at 5.9 from the opposite direction, slipping .1.

It was an impressive month for Classic Rocker WAXQ/Q104.3, gaining .3 to 4.6 to fifth place.

WINS was next with a 4.5, down .2 from May. WCBS 880 was on the slight uptick to 3.7. Sister station WFAN (with its combined AM and FM simulcast) had a 2.8, a slight improvement.

ESPN New York/WEPN-FM remains in the distance with a 1.6, although jumping .3.

WNYC had the biggest fall for June, losing .5 to 1.8.

Cumulus’ NASH-FM, in “plateau mode,” picked up .1 to 1.9, while Penn Plaza co-tenant WPLJ improved .2 to 3.2 just missing a Top 10 showing.

WLTW Keeps Lead Over WCBS-FM for March

wltw_2010_200x90By JERRY BARMASH

It’s not whether WLTW/Lite FM wins or loses in the monthly ratings, it’s by how much it claims victory.

The story remains the same as Clear Channel’s 106.7 took number one in the Arbitron overall PPM for March.

Lite upped its rating to 7.8, from 7.6 for February. Its closest rival once again is WCBS-FM. The Classic Hits station did see a .3 boost to 6.4.

Even better gains could be found at Z100/WHTZ. Next on the Clear Channel hit parade, Z100 jumped .5 to 5.6.

YMF Media’s WBLS dropped slightly to 5.3, but still a fourth-place showing.

Related: WNYM Program Director Leaving the Station

There is a gap before number five, WINS with 4.5, down .2 for the month. Sister station WCBS 880 saw a .3 drop to 3.5.

It’s a good finish for Classic Rocker WAXQ/Q 104.3 with a slight improvement to 4.3.

The Spanish formats cracked the Top 10 for March. WSKQ slipped .3 to 4.1, while WXNY lost .2 to 4.0.

More ratings analysis after the jump

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