BizRadio1320 Goes Live in Houston at 6 a.m. on Tuesday, February 1; David v. Goliath: Radio Wars Get Local and Personal in Houston, Texas

BizRadio1320 Goes Live in Houston at 6 a.m. on Tuesday, February 1; David v. Goliath: Radio Wars Get Local and Personal in Houston, Texas

HOUSTON, Jan. 31 /PRNewswire/ -- The ageless story of David v. Goliath is being played out once again -- in the fiercely competitive world of mass- market radio, with the launch tomorrow morning of BizRadio1320 in Houston, Texas.

(Logo: http://www.newscom.com/cgi-bin/prnh/20050131/DAM040LOGO )

Catastrophic changes last July in the Houston market forced nationally- known radio personality Daniel Frishberg "The MoneyMan" to announce plans for a new radio station where listeners could be owners. Frishberg resigned on-air during his show on September 8, 2004, and simultaneously announced his plans to create a radio station for the people that would begin broadcasting in Houston in 2005.

Frishberg reached the conclusion that a new station was critical to the Houston market when Viacom decided to abandon its viable Business Radio 650 concept, leaving its assembled advertisers, staff and most importantly, loyal listeners, without a source for the information and knowledge they had come to expect.

In just a little over four months, Frishberg has done what the traditional investment community didn't think could be accomplished. He has coordinated the formation of BusinessRadio Partners, L.P. and secured the group's first radio station -- KXYZ 1320 AM, known as "BizRadio1320", which will begin broadcasting from its studios in Houston on at 6:00 a.m. on Tuesday, February 1.

"The response from listeners, promoters and advertisers has been absolutely phenomenal," says Frishberg. "I have never been part of a deal like this, where we literally had more potential investors than we needed -- we had to turn potential investors and their money away."

BusinessRadio Partners, L.P. is made up of several individuals, including a physician, a dentist, the CEO of an industrial boot manufacturer, a software developer, a rancher, and an international oil field and natural resources developer. They were all listeners of BusinessRadio650. Although from different areas of expertise and demeanor, they all share a common interest in seeing the business talk format resurrected in Houston, and personally pledged the funds to make that goal a reality.

"Our station will be THE model for what a local station should be and can be," added Frishberg. "Our high quality of programming, including such financial and deep-thinking icons as Lou Dobbs, Michael Norman and Jim Cramer, as well as the addition of the extremely popular, local Stevens & Cleverley Show, will combine to make a powerful contribution to the development, well being and entertainment of Houstonians. We know that our audience comes from all walks of life, from corporate CEOs to a drill instructor at the kids correctional agency. We hope to continue to serve a wide variety of individuals who are alike in their search for truth and knowledge and resources to help them achieve a better life."

Nationally-known radio personality Daniel Frishberg -- "The MoneyMan" announced the formation of BusinessRadio Partners, L.P. in September 2004, following Viacom's decision to abandon its viable Business Radio 650 concept in Houston. BizRadio1320 will begin broadcasting in February 2005. For more information please call the hotline at 1.800.652.danf or send an e-mail to danf@themoneyman.com . Updates will be regularly posted on the web at www.TheMoneyMan.com .

Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20050131/DAM040LOGO
AP Archive: http://photoarchive.ap.org/
AP PhotoExpress Network: PRN7
PRN Photo Desk, photodesk@prnewswire.com
Source: BizRadio1320

CONTACT: Kay P. Vincent, APR, +1-713-984-2317, or Heidi Brasher,
+1-713-854-6485, both of Vincent Communications, for BizRadio1320

Web site: http://www.themoneyman.com/


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