He talks with North. He must have agreed not to ask any tough questions about Hernandez.

http://www.chicagobusiness.com/cgi-bin/ ... siness.com

North said he has been contaced by two investors?



There is not ONE PERSON calling Mike North today about investing in anything and Sherman should call him out on it.

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"That's what the internet is for. Slandering others anonymously." Banky
“Been that way since one monkey looked at the sun and told the other monkey ‘He said for you to give me your fuckin’ share.’”

Actually, Bigfan; I think its better NOT to call North on statements like that. Because the thinking public can make up their own minds then.

No matter how they spin it, the numbers just don't add up.

Spaceball says he had $250,000 in ads committed. Well, that amount of revenue can't finance the salaries they were paying, and was already short $50,000 of what they spent on promoting the venture. A web station can't be profitable paying out that much for programming.

All of them-Sherman, North, Rogers, Spaceball, Ofman live in a fantasy world.

North's appeal has always been to the non thinking public.

John Kirk comes to mind.

_________________
There goes one over the fence..Tru Link Fence..Beauty, Privacy Security....Call Tru Link.
Murph's Union 76 Truck Stop....A great Thanksgiving Tradition!!!!

WOO LIFE!!!!

Sherman is acting as a shill....I guess no one is responsible for their choices..the drunk cop, Mike North, his business savvy wife, George Update, Deer in Headlights Rogers, Radio inventor Spaceball.....Balloon Butt Coppock......

_________________
There goes one over the fence..Tru Link Fence..Beauty, Privacy Security....Call Tru Link.
Murph's Union 76 Truck Stop....A great Thanksgiving Tradition!!!!

WOO LIFE!!!!

Jesse Rogers said:

Not in the hundreds of thousands?
How about the tens of thousands?
How about the thousands?
Maybe the hundreds? Huh?

_________________
Host of the weekly "We Fish ASA" podcast
Weekly columnist for the Northwest Herald
Bi-monthly columnist for Illinois Outdoor News magazine
Former host of The Outdoors Experience on WIND and The Great Outdoors on CLTV
http://www.wefishasa.com

Maybe the show was piped into the Cook County Jail?
That would have been appropriate.

_________________
There goes one over the fence..Tru Link Fence..Beauty, Privacy Security....Call Tru Link.
Murph's Union 76 Truck Stop....A great Thanksgiving Tradition!!!!

WOO LIFE!!!!

Yes,the inmates would love some "piped-in" Tim Doyle.

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favrefan said:"Chris Coghlan isn't gonna pay your rent, Jimmy."

The first 2/3 of that article sounded like a promotional spot for selling investors on North's webio. Sherman better be careful as he has crossed the line from journalist to shill selling for North. If investors get taken again by North Sherman's sales pieces like this would be part of the scam. Imagine inviting investors to take advantage of the buzz created by a swindler and a snake oil salesman. Sherman is a joke and its clear Crain's has laid off the editorial staff like every other paper in town.

Also, we calculated here earlier that salaries totaled $800,000 plus not counting North, Bebe, Space etc. You've got Spaceball, your top salesman saying he's not sure he could take the $250K in ad commitments to $500K and you've got salaries and overhead likely in exces of $1.2-$1.5 million. This dog don't hunt. It only works if your top guys make $50Kper year and your average employee makes $30K or so...remember there were two dozen employees. To work you can only have one guy per time slot and a total of 8-12 employees...max. Given their prospects I bet you could get the talent for $50K or less but with fewer hosts and employees the product would be even worse than it was...which is hard to imagine.

Oh, and I forgot one other thing...NOBODY WAS LISTENING.

This dog don't hunt and anyone that would invest a penny in it deserves the pain they'd feel.

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"I still think its a tremendous idea".
"It's my baby".

Hey,I enjoy your posts but don't you mean "Mr. North & Mr. Sherman"??

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favrefan said:"Chris Coghlan isn't gonna pay your rent, Jimmy."

Bullshit alert! Bullshit alert!

You are correct Mr. Pasta, it won't happen again.

_________________
"I still think its a tremendous idea".
"It's my baby".

It is simply amazing that BeBe North, who actually graduated from High School, couldn't grasp this.

_________________
There goes one over the fence..Tru Link Fence..Beauty, Privacy Security....Call Tru Link.
Murph's Union 76 Truck Stop....A great Thanksgiving Tradition!!!!

WOO LIFE!!!!

Famous and infamous are not the same thing.

_________________
You know me like that.

Has Sherman broken the story that Derrick Rose took Mike North's G.E.D. test for him yet?

_________________
There goes one over the fence..Tru Link Fence..Beauty, Privacy Security....Call Tru Link.
Murph's Union 76 Truck Stop....A great Thanksgiving Tradition!!!!

WOO LIFE!!!!

Very good, Steve. I'm really starting to like your posts!
BTW, I've even listened to your show a few times and I have gone fishing in many, many years!

The concept can survive if:

A. they dump: Boom Boom, Chet, Doyle, Fred, Be, Ofman, all paid athletes, any promo they have to pay for.

B. On sales side, Mike, Space, Jen, and even Jessie hit the streets and sell like maniacs. Not an old pal doing Space a favor type selling. I'm talking cold calls, loud and persistent knocking on someone's back door, type sales.

C. Broadcast remotely as much as possible. Early AM Union and Northwestern stations, afternoons from the North Side, West Loop, Beverly. Have plenty of give aways, fridge magnets, pencil cups, cofee mugs.

Enough, I'm tired of giving business plan ideas.

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"It's not exactly a rocket surgery." D.J.

Notice how Rogers mentions that he'd put the mid-day shows numbers (Hood and Doyle) against others.

Of course those were their best numbers; BECAUSE PEOPLE IN OFFICES CAN TURN ON THEIR COMPUTERS!!! But sadly, the mid-day isn't the main revenue driver. The drive times are. And until internet based broadcasts can be put into the mini-vans of the world; this venture will NOT make the money they think it should make.

It certainly won't make money to fly George across the country to cover hockey. (And on that note; considering there are people who were screwed out of their life savings; George, never ever mention that again. I think those who lost everything don't want to know it went to flying you on more expensive flights and having you stay in nice hotels.)

Also, here's another concept. Broadcasting from the site of an event SUCKS for the listeners. You get poor audio, your hosts get sidetracked far more often. I really don't care to listen Adam Sandler shill his next movie during Superbowl week if I'm listening to sports talk radio. I'm sure this shows up in the ratings books; that many people turn off the radio during those promotions; because it doesn't bring listeners in.

The infamous El Guapo."



What does that mean?
"In-famous"?



In-famous is when you're
more than famous.



This man El Guapo is not just famous,
he's in-famous.



A hundred thousand pesos to do
a personal appearance with El Guapo...



who is probably the biggest actor
to ever come out of Mexico.



Wow. The in-famous?



In-famous?

Would you say I have a plethora of pinatas?

_________________
O judgment! Thou art fled to brutish beasts,
And men have lost their reason.

"Inflammable means flammable? Ugh, what a country!"

_________________
“Mr. Trump is unfit for our nation’s highest office.”- JD Vance
“My god, what an !diot.”- JD Vance tweet on Trump
“I’m a ‘Never Trump’ guy”- JD Vance

I happened to come across this in a New York Times article on Internet radio from last October:

"Advertising is also hard to come by for small stations without large listener bases. SomaFM, a San Francisco-based Internet radio station with 450,000 listeners, found it could make more money by soliciting listener contributions, like public radio, than it could from advertising. Even so, a plea on the site says the station will fall $35,000 short of its budget this year. Last year, the station made a $20,000 profit on $250,000 in revenue and put all of it into improvements for the station, said Rusty Hodge, the site’s founder."

Three things:

(1) This gives an idea of just how tough it is to turn a profit in this game, even with 450,000 listeners. Even if Hernandez was clean as a whistle, anyone who thought something like this was going to make it with the salaries alone they had committed to--not to mention Ofman's "posh hotel" stays that he enjoyed so much--was a damn fool.

(2) I think this should be the new model for North if he's still intent on starting this up again. He can have pledge drives like Channel 11 and give away gifts for contributions like his book, his CD, Spada coffee mugs, etc. Maybe a nice Chicagosportswebio tote bag.

(3) Can the media also stop all the gratuitous references to Mike North "inventing the webio concept"? Web broadcasting has been around in some form or another almost since the infancy of the Internet explosion.

This was my original idea for the WEBIO,which I had mentioned in an email to spaceball.
Don't give away your product,sale the content to subscribers for say 5/10 bucks a year.
Get some exclusive TV rights on the site also to like a UFC type of fight league or Chicago Slaughter football. Something small,that would not break the bank.
At least they could actually see money coming in. With some publicity,saling a subscription for 10 bucks to even 50,000 listeners is a good start.

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favrefan said:"Chris Coghlan isn't gonna pay your rent, Jimmy."

Cmon Pappy that wasnt from Tres Friends
Why so serious?

I never understood the limiting to just "a" station. Seems one of the benefits to doing this is the low production costs so why not develop multiple shows in different genres (politics, sports, etc.) to enable more traffic and cross-promotion. Do these really need to be done in a studio? Seems like unnecessary costs. I listen to many podcasts of guys that have setup studios in their home, one-man operations, that have excellent sound quality.

I would think to really develop the audience that would be required to make this a viable option, why limit it to a local sports-only focus. You could create 4 or 5 different "stations" to appeal to a wider audience and open more sponsorship opportunities.

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You know me like that.

There is no possible way they could sell 50,000 people that lineup for even $1. Why pay anything for webio when there is an old invention that has better programming for free-RADIO. BTW, most of these same stations, nationwide, also webcast their product, I'd much rather listen to stations like WFAN than anything North's group put on the air.

As long as Ed keeps talking to another ex-CSW person will be as long as he sounds like a shill. But for good perspective Ed, why not talk to North's original backer. A successful and legitimate and widely respected businessman, Rich Melman?