Thursday, February 28, 2013

Boston Radio: WRKO’s Armstrong Welcomes Competition

Barry Armstrong
A prominent Hub business radio host said today he will “embrace the competition” Bloomberg Radio will bring starting Friday with the Boston debut of its 24/7 station on WXKS 1200 AM.

“I have a lot of respect for (Bloomberg). I think they’re a top-notch organization and it’ll be interesting,” Barry Armstrong, host of “The Financial Exchange” on WRKO 680 AM, told the Herald. “I think we’ll just continue to grow and try to put on a good show every day.”

Armstrong, founder of The Armstrong Advisory Group, added his show has “a nice headstart” ahead of Bloomberg’s arrival. “The Financial Exchange,” a daily, two-hour show which launched little more than a year ago on WRKO, was preceded by the show “Lunch Money.”

Armstrong said “The Financial Exchange” remains a hit with older listeners, particularly 55-year-old-plus men, a key demographic of the investment community.

“A lot of people say, ‘Who wants to be highly ranked among 55-year-old men?’ You know what, 55-year-old men and women have all the wealth in this country and we do really well there,” he said.

Bloomberg Radio goes live in Boston at 12:01 a.m. Friday. The station will also provide a signal for those with HD radio on 94.5FM-HD2.

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