Re: national sports radio networks

[Mark Shneyder <bostonradio@yahoo.com>]

--- "Bob Nelson...WMWM" <bobonradio@yahoo.com> wrote:
> Continuing some of the recent talk about sports radio:
> 
> Overnights WEEI runs "J.T. The Brick" from the
> SportsFan radio network. Went onto his site 
> (http://www.jtthebrick.com) and saw that SportsFan is
> going thru financial troubles (apparently) and 
> have cut some of their hosts. It could happen that
> they may eventually go under, I'd guess.
> Could be the economy or maybe the fact that they  
> have competition from no less than three all-sports
> national nets:
> 

I think in this particular case it's the parent company, Winstar
Comm. which is going thru a rough stretch. They're carrying
a $3.5 billion debt and their share price went from $60 to 60 cents in
less than a year. Last Friday they layed off 2,000 workers
so I am sure some of the cuts would stretch to their
radio subsidary, SportsFan.



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