Debut Broadcasting Teams with ESPN Radio for Growing Mississippi Super-Regional Cluster
Monday, September 08, 2008 7:38 AM
Symbols: DBTB

Debut Anticipates 30 Percent Revenue Growth in the Market Through Its New Local Marketing Agreement with Vicksburg, Miss. Radio Station

Debut Broadcasting Corporation, Inc.™ (OTCBB: DBTB), a media and entertainment company, has added a third radio station to the Vicksburg cell of its Super-Regional Cluster™ of Mississippi Delta radio stations, teaming with ESPN Radio to build a 24/7 sports talk format localized to the listening area.

Debut Broadcasting has entered into a local marketing agreement (LMA) with Grace Media International for WQBC-AM in Vicksburg, Miss. Debut has decided to take the formerly Christian format station and transform it into a 24/7 sports talk radio station through Debut’s new agreement with ESPN Radio.

According to Debut executives, WQBC-AM began "stunting" university fight songs, pop sports songs, etc., starting at 12 a.m. on Monday, Sept. 1, and ESPN Radio was scheduled to take over the airwaves at the end of last week. The station will add the sports talk format from ESPN Radio to the same market of the company’s existing two FM stations, River 101.1 (WBBV-FM) and K-Hits 104.5 (KLSM-FM).

“The additional Vicksburg radio station supports our Super-Regional Cluster™ strategy in the Mississippi Delta, where we can apply our proven advertising and managerial model to a new set of stations,” said Steven Ludwig, CEO of Debut Broadcasting. “Similar to what Debut accomplished in Greenville, Miss., our model helps reduce the operational costs of our stations, while at the same time creating additional revenue generating opportunities through creative advertising, both online and on air.”

The company expects the addition of the new ESPN Radio 1420 to increase revenues by 30 percent or more within six months, increasing overall contribution margins and cash flow in the Miss. Super-Regional Cluster at a greater proportion.

“Since our company expanded into Vicksburg as the next step in construction of our Super-Regional Cluster in Miss., the need for a sports station has been obvious,” said Steven Ludwig, CEO of Debut Broadcasting. “As we’ve worked with the staff, researched audiences, and discussed the needs of our advertising customers it’s been a high priority for us to figure out how to add sports into our mix. ESPN Radio 1420 is easily a perfect fit to provide the audience with all the most up to date information from the sports world.”

Debut Broadcasting now operates a total of eight radio stations in the southeastern United States.


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