They did this the day after it was announced they're spending 3 billion dollars to fully acquire the Toronto Maple Leafs.
I bet if they cut their top executives pay a bit, they could have kept people employed and those stations on air.
This. 3B produces way more than enough money a year to pay these 230 people $100,000 a year perpetually. But billionaire vanity is more important. The Leafs don’t need Rogers.
They are a major corporation, and a telecommunications company at that. Their bottom line isn't exactly shrinking. Many companies operate industry related public arms at a loss as a promotional department. Them simply operating a radio station is massive marketing, and if done right, can earn a lot of public goodwill.
Rogers is a huge company. Those scenarios would have been considered, and rejected. Simple reason is not enough demand for the product. Same reason we don't have the McRib.
Interwebs search says they were getting about 2,000 listeners per show. So truly not many cared.
Like cable TV the writing is on the wall for terrestrial radio that plays music. Eventually the only thing left will be news and talk radio and even that will decline.
A podcast has nothing to do with news radio which updates you all day at the top of the hour. Podcasts are not frequent and aren’t accessible to everyone while driving
24 Comments
bluemite@lemmy.world · 12 pts · 47d
They did this the day after it was announced they're spending 3 billion dollars to fully acquire the Toronto Maple Leafs. I bet if they cut their top executives pay a bit, they could have kept people employed and those stations on air.
BigJohnnyHines@lemmy.ca · 3 pts · 46d
This. 3B produces way more than enough money a year to pay these 230 people $100,000 a year perpetually. But billionaire vanity is more important. The Leafs don’t need Rogers.
CanIFishHere@lemmy.ca · 0 pts · 45d
If the market is so lucrative I'm sure someone else will jump in to fill the void.
TheFeatureCreature@lemmy.ca · 10 pts · 47d
Goddammit. There goes even more of our medium-wave stations.
melsaskca@lemmy.ca · 4 pts · 46d
It's my fault. I always say no when they constantly come to my door trying to sell me stuff.
CanIFishHere@lemmy.ca · -1 pts · 46d
Operating a radio station is a business. If it doesn't make money why do it?
CeeBee_Eh@lemmy.world · 2 pts · 45d
Not everything needs to be business-ified.
CanIFishHere@lemmy.ca · 1 pts · 45d
It is a business. What would you have them do?
CeeBee_Eh@lemmy.world · 2 pts · 45d
They are a major corporation, and a telecommunications company at that. Their bottom line isn't exactly shrinking. Many companies operate industry related public arms at a loss as a promotional department. Them simply operating a radio station is massive marketing, and if done right, can earn a lot of public goodwill.
Edit: bad wording
CanIFishHere@lemmy.ca · 1 pts · 45d
Rogers is a huge company. Those scenarios would have been considered, and rejected. Simple reason is not enough demand for the product. Same reason we don't have the McRib.
Interwebs search says they were getting about 2,000 listeners per show. So truly not many cared.
tempest@lemmy.ca · -2 pts · 47d
Like cable TV the writing is on the wall for terrestrial radio that plays music. Eventually the only thing left will be news and talk radio and even that will decline.
ValueSubtracted@startrek.website · 12 pts · 47d
The stations being shut down are all either news or sports.
Shindo66@lemmy.world · 0 pts · 47d
I mean, podcasts exist
GrackleBirb@lemmy.ca · 3 pts · 46d
A podcast has nothing to do with news radio which updates you all day at the top of the hour. Podcasts are not frequent and aren’t accessible to everyone while driving
CanIFishHere@lemmy.ca · 1 pts · 40d
There is still news radio where you live.
CanIFishHere@lemmy.ca · 0 pts · 46d
Sports, not news.
GrackleBirb@lemmy.ca · 1 pts · 46d
The stations that were shut down included both sports and news stations.
CanIFishHere@lemmy.ca · -1 pts · 46d
Regardless, they weren't making money. Rogers doesn't get $1B+ of government money like the CBC does to air programming no one listens to.
GrackleBirb@lemmy.ca · 1 pts · 46d
Many people myself included listen to the CBC and enjoy it. Take this Tiny PP “my taxpayer money” energy elsewhere.