Portland's Progressive Voice, KPOJ AM 620 is gone. Just. Like. That.

[KharmaTrain]

6. Bain's "Fattening Up The Turkeys"...

Now that Willard's lost, Bain no longer has a need to own Cheap Channel. The first move is to gut operations that are either losing money or marginal...and try to fatten up revenues. Political talk...right and left...have become economic liabilities over the past couple years while Sports talk is cheap, not controversial and one of the few remaining AM formats that make money. Next year Bain and Cheap Channel face over 14 billion in notes that either have to be paid or rescheduled...and I suspect that we'll see a lot more of these type of changes coming as Bain gets ready to do the vulture capital thing to this corporation. In the meantime it sucks for the folks in Portland...KPOJ was one of the most successful Progressive talk station in the country. Hopefully another station will jump on the opportunity...