Re: WEEI/Newsradio 590

["Terrence M. Wood" <TERRY_WOOD@prodigy.net>]

I believe it was the other way around....She bought the station for Him and
his strange political views.



- -----Original Message-----
From: Dan Strassberg <dan.strassberg@worldnet.att.net>
To: Shel Swartz <shel@lotsofun.com>; boston-radio-interest@bostonradio.org
<boston-radio-interest@bostonradio.org>
Date: Wednesday, June 17, 1998 8:11 AM
Subject: Re: WEEI/Newsradio 590


>At 09:14 PM 6/16/98 -0400, you wrote:
>>
>>>(WEEI) was a fine sounding station, comparable to WCBS/Newsradio 88.
When
>>>WEEI was sold to the pizza magnate, only THEN did it fail miserably.
>>>     WEEI/590 (CBS in Boston) was, IMHO, one of the finest news
>>>operations in Boston, bar none.  Nobody, even WBZ could top that !
>>>
>>>Sincerely,
>>>
>>>Peter Q. George
>>
>>I recall, upon hearing of he sale to the pizza people back then, thinking
>>"well, there goes the radio station."
>>
>>What we need are more stations being sold to people who know what
>>broadcasting is all about; not just to people who want to play with
>>stations, much as a child plays with toys. (shel)
>>
>The pizza guy actually gave WEEI to his wife, Helen, as a birthday present!
>Or so the Globe reported. Nice present--cost him around $11 million. I
>believe Salem's price from Peter Ottmar was between $6 million and $8
>million. Was the Telecommunications Act a law yet at the time of the latest
>590 sale? If so, we can say that the law had not restored the earlier value
>of AMs. Even today, I doubt that many AMs would fetch the prices they
>brought 25 years ago. And remember, there was wicked inflation in the
>consumer price index in the early 80s. A million dollars just ain't what it
>used to be.
>
>-------------------------------
>Dan Strassberg (Note: Address is CASE SENSITIVE!)
>ALL _LOWER_ CASE!!!--> dan.strassberg@worldnet.att.net
>(617) 558-4205; Fax (617) 928-4205
>

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