The alternastation Indie 103.1, which received praise from ROLLING STONE and lasted longer than usual in the L.A. market, has now been taken off the airwaves and--as is the custom in most station-closings here--replaced by a Spanish-language music format. Here's the blog FRANKLIN AVENUE with a post-mortem: http://franklinavenue.blogspot.com/2009/01/rip-indie-1031.html
Indie's spin (which can be found on LA OBSERVED's website) is that the station (under recent pressure to homogenize its format by playing more conventional music and dumping the majority of its host-driven programs) will return to its roots as an online-only venue.
[Yesterday, the station essentially recited its press release--with some dumb posturing about "Britney" and "Diddy"--in an endless loop followed either by X's "The New World" or Sid Vicious' cover of "My Way."]
In other news, Virgin Megastore is closing its Times Square outlet in NYC--apparently because more money could be made by letting the Forever 21 clothing chain have the property.
And, worst of all, mega-egocentric himbo musician John Mayer will have a variety series on CBS--now enabling him to share network prime time with former lover Jennifer Love Hewitt's GHOST WHISPERER.
Mayer allegedly wrote "Your Body Is A Wonderland" about Ms. Hewitt. One can only wonder if they'll do a duet on his series.
And, in a final update as of 12: 23 p.m. PST on Friday the 16th--Circuit City is going out of business.
Which leaves Best Buy holding a monopoly-of-sorts in the electronics-plus-CDs-sold-as-loss-leaders category.
Here are details as to the Circuit City breakdown: http://money.aol.com/news/articles/_a/bbdp/circuit-city-to-go-out-of-business/309313