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Re: Lost 45's #2 (was Re: ** A Brand New Boston Radio Show!)



The theory is that you buy up another signal to prevent a worthwhile
competitor from getting it.  I made the same argument several years ago with
GM taking a growing format (NAC) and tanking it to protect Magic's numbers.

Brian

Brian T. Vita, President
Cinema Service & Supply, Inc.
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----- Original Message -----
From: "R Palino" <rpalino@mailandnews.com>
To: <elipolo@earthlink.net>; <boston-radio-interest@bostonradio.org>
Cc: <markwats@attbi.com>
Sent: Tuesday, June 04, 2002 3:57 AM
Subject: Re: Lost 45's #2 (was Re: ** A Brand New Boston Radio Show!)


>
> <<<<
>    ...the incoming new PD (who sunk 1150 WMEX over the next year, though
> that may have been Greater Media's plan anyway)....<<
>
> This is a recurring theme I see from time to time that bothers me.
> (Nothing personal against you Eli.)
>
> Why would a company spend millions of dollars on a property to then
sabotage
> it...and drive it's value into the ground...?
>
> Why would I buy a peice of Real Estate and then purposely do things to
make
> it unrentable..and lower the potential sale price?
>
> This illogical mantra seems to be maintained (like a religion) to many
> people.
>
> Sometimes businesses are run and "accounted" so as not to show a
> profit...but I have never seen a company run to LOSE money and to drive
down
> the potential sale value.  (Unless of course there is some other element
> that is not being taken into account.  i.e..WOWO downgrading their
facility
> so that WBLI could be upgraded, etc.)
>
>
>