Wednesday, May 1, 2019

San Diego Radio: Staff Clears Out At The Mighty 1090

A day after the Mighty 1090 radio station abruptly terminated a live Internet stream of one of its sports talk shows, the parent company met with employees and announced that it was formally shutting down. Employees were told to clear out of the Sorrento Mesa office by 4 p.m. Tuesday.

According to the San Diego Union-Tribune, parent company Broadcast Company of the Americas, which had, up until this week, been silent on the station’s collapse, issued a statement Tuesday acknowledging its inability to salvage the station.

“After months of intense conversation, BCA was unable to come to an agreement with the Mexican owners of XPRS‐AM, XPRS‐FM and XEPE‐AM to continue broadcast operations,” wrote company CEO Jay Meyers.

“The company has been operating under lease deals that are not viable in the conditions that currently exist in the radio business, and attempts to find a suitable solution to fit today’s economics ended without success. BCA has suffered through years of losses and is no longer able to continue to do so. Because the company leases its broadcast signals rather than owning them, a reorganization such as the ones done recently by iHeart and Cumulus was not an option.

“It has been our pleasure to serve the San Diego listening community over the years on our three broadcast signals.”

Meyers declined to answer questions about how on-air talent’s contracts will be handled and whether there will be severance pay.

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