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A reverse situation is Xavier University of Cincinnati expanding and buying former commercial station WMTE-FM 97.7 (now WVXM) Manistee MI, and WNDY Crawfordsville IN. WAJC *104.5 Indianapolis, owned by Butler University, was sold in 1993 to Susquehanna Broadcasting Co. Northwestern College of Roseville MN operates KDNI *90.5 and KDNW *973 Duluth, with most late night and weekend hours the programming being the same on both stations. This can be on a time-shft basis, or, less logically, at the same time on both stations. On public FM you might hear "All Things Considered" or "Morning Edition" on two commonly -owned stations in the same city. Public and religious FM also share the benefits and problems of duopolies. It is not just commercial radio where common ownerships can be found. Lack of diversity in media ownership can manifest itself in sameness of formats from one station to another. This rule change allows banks and other lenders to make SBA -backed loans to media outlets. The Small Business Administration, at the urging of the National Association of Broadcasters, changed its rule which forbade loan guarantees to radio stations and newspapers. And it is easier for FM stations to obtain financing now. Duopolies and LMAs are typically entered for efficiency of operation and to reduce competition. The financial picture looks better for radio this year than last year, with less reason for broadcasters to seek out duopolies to save financially weak radio stations. Most COUNTRY months my FMedia! newsletter has mentions of stations entering into LMAs or duopolies. have duopoly situations, resulting in economies of scale for the stations, but An almost always in reduced employment opportunities for V managers, announcers, news people and sales reps.
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107, ZIP Almost all major markets in the U.S. All operate out of studios at 8386 Baymeadows Blvd., Ste. In Minneapolis popular rocker KQRS-FM 92.5, owned by ABC, bought another rocker, KEGE 93.7, "93.7 The Edge." In Jacksonville FL Paxson Broadcasting owns WROO and WAIA 93.3, which have a local marketing agreement (LMA) with Todd Communications'WFSJ 97.9 St. A duopoly is when, for example, two FM stations in one city have the same ownership.
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4 FMusings There Are More Stations to Hear on FM but Less Program Diversity Continuing the theme of the last edition "FM Atlas," stations are taking full advantage of liberalized FCC rules to form duopolies.