


The reason DSC do so well in the ratings is because they are live and local.” I’d like to bring back fun and local personality.

“No one else locally is playing the Beatles, Stones, and Beach Boys. If he were to retake the airwaves, he says, he may launch a ‘60s oldies station. Paskin says he would be interested in a local station if it was available for $5 million or so. The Loop in Chicago just sold for $21 million. “Properties of radio stations have really gone down. Now Paskin says it may be a good time to retake some local radio real estate if a bankruptcy judge tells iHeart to divest.

The New York Times did a story on us.”īut a stroke, which impaired his mobility but not his mind, compelled Paskin to sell Smokin 94.1 six months later. “Most of the Denver TV stations did a piece on us. He wore a dreadlock wig when TV cameras dropped by. Pot had just been made legal in Colorado.” Paskin put himself on the air as afternoon DJ Gary Ganja. “It was basically a classic rock station with a cannibis gimmick. Paskin bought an FM station in Denver three years ago called Smokin’ 94.1. He says he would love to acquire one of the iHeart stations if America’s largest radio group ends up spinning off some local assets. Paskin was a Top 40 DJ in radio’s golden years in the 60s and 70s before he built a sizable residential real estate portfolio. The Chapter 11 filing was due to a debt of over $20 billion that the San Antonio-based company had carried for almost ten years. “But of course they aren’t going to tell those of us they think are non-essential that we won’t be here in 30 to 60 days.” “They told us in a video conference call not to worry, and that none of us would lose our jobs,” says one of the local employees. It was not a surprise to many of the 100-plus local employees who work at the seven iHeart stations, Rock 105.3, KGB, Channel 9-3-3, My 94.1, Jam’n 95.7, XTRA Sports and KOGO. On March 15, iHeart, formerly known as Clear Channel, went bankrupt. “I believe they helped ruin the radio industry,” says La Jolla’s Marc Paskin, a former radio station owner, about iHeartMedia, the media group that owns billboards, promotes concerts, and owns 850 radio stations nationwide, including seven in San Diego.
