Indianapolis' WIBC has broadcast Rush Limbaugh's show for 22 years. Despite this long history, parent company Emmis Communications announced April 13 that they are dropping Limbaugh's show from WIBC's lineup.
Charlie Morgan, an executive for Emmis, indicated that the decision to drop Limbaugh was about the “long-term direction of the station,” but also acknowledged that there was a “business element to the decision.” Underscoring the business considerations, Morgan explained to the Indianapolis Business Journal that the absence of Limbaugh could actually help WIBC's advertiser prospects:
While Morgan expects some WIBC listeners to be “hugely disappointed” by the change, he said losing Limbaugh could open up the station to more advertising opportunities.
There are some--primarily national--advertisers that refuse to air commercials during Limbaugh's show, Morgan explained. Emmis officials began notifying its advertisers of the change Monday.
“We believe this could open us up to a new group of advertisers,” he said.
Limbaugh's show has been plagued with woes ever since advertisers began fleeing in the wake of Limbaugh's multi-day attack on then-law student Sandra Fluke. Thousands of local and regional businesses refuse to advertise on Limbaugh's show and the bulk of national advertisers are now reportedly boycotting his program. The cumulative effect of Limbaugh's advertiser difficulties has created a problem so substantial that it has actually spilled over and is hurting conservative talk radio as a whole.
The Wall Street Journal recently confirmed the industry-wide damage resulting from Limbaugh's beleaguered program. According to the report, the exodus of national advertisers has played a significant part in reducing talk radio advertising rates to about half of what it costs to run ads on music stations, even though the two formats have “comparable audience metrics.”
Further, the report also provides a look at the millions of dollars individual stations have lost. The chart below, which was taken from the Journal report, gives a before and after look at the advertising revenue of talker stations in some of the largest markets. Notably, three of the stations that carried Limbaugh originally (KFI, WSB, and WBAP) experienced the greatest losses:
What is happening at the stations identified in the chart is happening at other talk stations, especially those that carry Limbaugh's program. While it was already reported that major radio companies were hemorrhaging millions of dollars due to Limbaugh's toxicity, the Journal's analysis of the effect at the local station level was revealing and may offer some additional insight into WIBC's decision to drop Limbaugh.
WIBC is just the latest in a string of reminders that Rush Limbaugh is bad for business.
The Journal report also confirmed that advertisers continue to leave and stay away thanks to a dedicated group of independent organizers in the Flush Rush and #StopRush communities. Their participation matters and is having a tremendous effect.