Monthly Archive for June, 2005

Sic Transit Scott Muni

(Okay, okay, I know Scott Muni was at WNEW, not WCBS, but none of the jocks at WCBS had a name that makes such a handy pun. So, New Yorkers, please forgive me for being unable to pass up a cheap joke.)

There’s a truism in my preferred business of broadcasting: when you change formats, you will only get negative phone calls. Why? Because the only people who were listening were fans of the old format. And, usually, rabid fans, since they were all that were left when ratings drop so low that you need to flip a frequency.

We’re seeing this now with the big, surprise flip in New York City of WCBS-FM from its long-standing oldies format to what’s known as “Jack,” the current format-du-jour in broadcasting. What has really shaken up the radio world, however, is that this isn’t just any other flip. Infinity Broadcasting (soon to go under the CBS name again) had other stations in New York that were underperforming, but it flipped its heritage oldies outlet instead. This is being seen in the business as the beginning of the end for Oldies, something I predicted three years ago.

(Maybe I should take time out here for a disclaimer. I’m partial to the Jack format because…well…I invented it. Or at least its immediate predecessor. In 1999, Bill Gravino and I set out to create a brand new format for WVLT. Our basic rules were: a 30 year window, broad spectrum playlist, lots of recurrents, and a song library of not less than 1200 songs, at a time when most radio stations only played 200-300. We were stumped for a name for our new outgrowth of what we had seen as a dying Adult Contemporary market. Finally, I just threw my hands up and said “call it Fred, if you have to.” So, in a report to trade journals, we described our new invention – “Fred” – to the broadcast world. It mutated into “Jack,” but the rules are the same now as they were then. Anyone who wants to flip a station to a Jack clone, call me – I’m in the book – and I’ll fly out for a few months and consult for you. Anyhow….)

Oldies radio, as it exists today, has been attempting to struggle along with a changing set of rules. In the beginning, there obviously weren’t any oldies, because everything was new. Late 1960′s and early 1970′s, all the rock, pop, and MOR hits before the British Invasion were “Solid Gold” and “Golden Oldies,” stuff before the current dominant sound. During the disco and punk years, it was everything up to 1969, and the breakup of the Beatles. That made sense.

This started a long standing rule: “Oldies” were anything from “Rock Around The Clock” through ten years before. If it was more than ten years old, it was an Oldie, otherwise it was a “classic.” This basic formula worked very well because of one of the basic rules of radio that I’ve always espoused: the Greatest Music Ever Recorded is whatever you were listening to in High School.

I’m serious. The mid-and-late teen years, the time you spent in High School, will always be the period that you are nostalgic for, and the music that you heard during that time will always be what pushes your buttons. Most people attend High School between the ages of 13 and 18. The “money demographic” in broadcasting is 25-54; that’s the age range that advertisers want because under 25 you’re not likely to have a lot of disposable income, and by 55 most people are set in their ways with Brand Loyalty, and less likely to be swayed by advertising. If you’re playing a 25 year window starting with ten years ago, you’re going to attract listeners from 27-52 by playing the music they grew up with.

When did this all fall apart? I can tell you the exact year: 1990. The same year that “Top 40″ radio disappeared when Billboard and Soundscan changed the way charts were compiled and Country made its resurgance. In 1990, the magic “oldies” window crossed into a zone almost no one was going to want to allow: the ’80′s. People who were willing to accept disco being oldies couldn’t accept Blondie, The Knack, and other New Wave acts as being “golden oldies.” So the line in the sand was drawn: first at everything before “Saturday Night Fever,” then to 1969 again. Eventually, in the mid 1990′s, it started settling down to around 1975, but only certain songs from the 1970′s; never punk or disco.

With that line in the sand set, the window started passing the money demo. Today, only six years of that 30 year demographic window are represented by oldies stations; if you were born after 1957, Oldies doesn’t want you. The problem is, if you were born before 1951, advertisers don’t want you, and won’t pay stations to deliver their commercials to you. Oldies found itself a shrinking audience.

In 2001, when I was working for Dick Taylor at WOND/WTKU, I had a chance to sit in on a meeting about the future of Oldies radio. I was there with Dick and Jerry Beebe, who was then the program director of “Kool 98.3,” our oldies outlet. I was listening to them arguing back and forth, and when Dick asked my opinion, I said “do you realize that under the old rules of Oldies radio, the ones that always delivered the best numbers, you’d be playing Nirvana’s ‘Smells Like Teen Spirit’ in your ‘A’ rotation?” They were shocked at the idea, but had to admit that I was right. And under the old rules today, Weezer’s “Buddy Holly” would be playing on stations like the old WCBS. After all, it’s what the Class of 1995 were listening to when they were getting ready to graduate — and they’re 27-28 now and firmly in the money demographic.

The “line in the sand” thinking ended up being what drove my entire generation, and the one after, away from radio. As we entered our mid 20′s, we couldn’t hear the stuff we grew up with any more. It wasn’t new enough to play on the “hit” stations (with very few exceptions) and it wasn’t old enough to be on the oldies outlets (and, as it turned out, never would be). Adult Contemporary stations were too soft and the ‘classic rock’ stations too hard to play the entire variety. So, we all retreated into our own little world of mix tapes and CD’s to hear the music we liked and wanted to listen to. The radio became less and less relevant to us.

Today, people are finally catching on. The “Jack” format uses (as I said before) a 30 year window; the songs you hear on a “Jack” station are all from 1975 through yesterday afternoon, with a particular emphasis on 1975-1995. In short, it’s Oldies Radio for today’s money demo, with a little bit of new stuff thrown in. It also crosses a lot of the artifically-built boundaries of “formats” that radio has thrown up over the last 15 years, and emphasizes variety like the FM stations of the 1970′s and ’80′s that we all grw up with and fell in love with.

There was a long standing joke in broadcasting that the declining numbers for “Adult Standards” and “Beautiful Music” stations were due to their audiences dying on them. It wasn’t that far from the truth. Today, the prime range for fans of oldies stations are between 51 and 68 years old. Within five years, that audience will start to cross the average life expectancy of an American male and literally be dying off. So it’s logical to see Oldies stations pulling the plug today. Sure, there’s still a market for oldies, but it’s a declining market and one that can’t support the current supply of stations. A lot more are going to disappear.

And don’t cry for them, because once we start rethinking “oldies” and luring the disaffected back into the radio fold, we might just save our industry. So, sic transit gloria mundi; thus passes away the glory of the World. The format is dead, long live the format.

How the British can save Star Trek!

In 1963, a man named Sydney Newman created the concept for a science fiction, educational television show for the BBC entitled Doctor Who. It ran more-or-less continuously on the BBC for 26 years before being retired in 1989.

In 1964, a man named Gene Roddenberry created the outline and pilot script for a science-fiction, action-adventure television show for Desilu called Star Trek. It ran on NBC for three years before being cancelled. Eventually, the concept and format was revived in 1987 as Star Trek: The Next Generation, and in one form or another ran continuously for 18 years before the last incarnation, Star Trek: Enterprise was cancelled in 2005.

In 1969, Doctor Who was struggling. The fantasy elements of the show had grown, in some people’s minds, too prominent. The show was about to lose its second leading man, and was one of a dying breed of black-and-white TV shows as the rest of the world, and most of Britain, was in color. Producers, hoping to jumpstart the show when it returned from hiatus the following season, looked at other successful science fiction programs for ideas. One they turned to was the show that actually replaced Doctor Who on the BBC schedule for a time, Star Trek.

Now, years later, it’s time for TV’s longest running Sci-Fi franchise to return the favor, and show the second-longest running franchise a trick or two. In short, it’s time for the British to lead the way, and show by example how to save Star Trek!

Lesson 1: Absence makes the heart grow fonder

Doctor Who was more than just a television show; over the course of a generation, it literally became a British cultural icon. Children who had watched the show in 1963 grew up to have children of their own who watched with them. But by the time the show went off the air in 1989, it had grown stagnant. More and more stories were rehashes of old enemies and old concepts. Scripts became increasingly self-referential; in fact, one four-part story in 1988 entitled The Greatest Show In The Galaxy was a thinly-veiled satire about the show’s history and its decline. Fans had became disenchanted, and deserted the series in droves.

Except for one attempt to revive the show in 1996 (but more about that later), the Doctor was off the air for sixteen straight years. By the time the show was revived, audiences had forgotten the depths to which the show had sunk (or, at least, had forgiven them) and mainly had fond memories of the show’s glory days.

This shouldn’t be a lesson for Star Trek to have to learn from Doctor Who, ironically enough. After all, Star Trek had its own televisual “wilderness years” from 1969 to 1987, a solid 18 years absence. By the time The Next Generation debuted, audiences were hungry for more. Today, in 2005, Star Trek is where Doctor Who was in 1989: crushed under the weight of its own history and continuity, too dependent upon elements created anywhere from 18 to 40 years previously. Fans used to having new Star Trek around have grown weary. The franchise needs a rest. Maybe not another 16 or 18 years, but a good five-year hiatus would do wonders for fan appetites when the new product is rolled out.

Lesson 2: Bring in the big guns

When the BBC decided to revive Doctor Who, it didn’t go to anyone associated with the show’s past. Instead it went to a longtime fan who had proven himself in other areas: Russell T. Davies. In the 1990′s and early 21st century, Davies became one of the biggest names in British television by creating such edgy, groundbreaking shows as Bob and Rose, Casanova, and the show he’s best known for by American audiences, Queer as Folk. To give Americans a perspective on just how big a move this was by the BBC, imagine if Paramount had turned to Joss Whedon when the time came to create Enterprise back in 2001. Hot, young(ish) writer with successes already under his belt to breathe new life into a franchise.

When the time comes (and it will come) to revive Star Trek again, Paramount would do best to unshackle the franchise from its current team and put it in new hands. Perhaps someone like Dick Wolf (creator of the Law and Order franchise) or Aaron Sorkin (of The West Wing fame), a recognizable name, and successful writer in his own right. But, here’s the big thing, it shouldn’t be anyone currently associated with Sci-Fi. At heart, Star Trek and Doctor Who aren’t Sci-Fi; they’re dramas that use Sci-Fi trappings as settings for their stories. The franchise needs someone who can write and create drama, and push the sci-fi off to the side when need be.

Which brings me to my next lesson.

Lesson 3: Strip it down to the essentials

When Doctor Who returned to British TV screens this year, the goal was to make the show as accessible to a broad audience as possible. Yes, the show had 42 years of history behind it, but all that history had become a hindrance. The show needed a “jumping on point” as comic book fans call them. People who had never watched the show before 1989 needed to feel like they hadn’t missed anything. And, more importantly, the show needed to “feel new.”

As a result, only two of the Doctor’s old rogues gallery appeared in the new series: the Autons, which had only been seen twice before in the 1970′s, and the Doctor’s oldest foes: the Daleks, who enjoy a name recognition equal to, if not larger than, “Doctor Who” itself. Everything else in the series was new.

Well, not everything. The very basics stayed unchanged. The Doctor, a Time Lord from the planet Gallifrey, travels through time and space in a ship called the TARDIS, which looks like a British police telephone box. One or two human (or humanish) assistants join him in his travels. And the stories tell us something about the human condition. Everything else that had been heaped upon the show over the space of 26 years (political intrigue on the Doctor’s home planet, an increasingly inept nemesis, the same old villains over and over, jokey costumes) were jettisonned. Essentially, the new series kept the core, the quintessential things that made Doctor Who what it was, and ignored the rest.

Doing this with Star Trek is even easier. With the possible exception of a few elements (the basic design of the ship, one or two alien races, and a generally positive future for humankind), everything you need to know about Star Trek is summed up in a few words that Gene Roddenberry threw together at the last second when his staff told him that the opening needed something to fill a slow portion, and which became some of the most recognizable words in American history, not just television:

Space: the final frontier. These are the voyages of the Starship Enterprise. Its mission: to explore strange new worlds, to seek out new life and new civilizations, to boldly go where no man has gone before.

Everything else is just window dressing, and can be dispensed with. Or at least shoved to the back burner.

Don’t worry about making good Star Trek. Worry about making good television!

Lesson 4: The fans don’t know best

Star Trek has been run for too long by its fans. Brannon Braga, who co-created Enterprise was a fan of the original series before writing for The Next Generation. The fourth season of Enterprise was run by original series fan Manny Coto and two actual Star Trek historians: Judith and Garfield Reeves-Stevens. While this last season showed a marked upturn in writing, plot, and character development, it fell into the same trap as late 1980′s Doctor Who in relying too much on its history. There was no room for non-fans in the fourth season of Enterprise, which meant no way to increase its ratings as much as was needed.

Russell T. Davies put it best in an oft-quoted interview: “If you chase a cult you just become a smaller cult. If a cult fan hates this series it means they will only watch it 20 times instead of 30 times.”

Don’t worry about the fans. If you put out a good product, one that’s well written and well produced, the fans will be there. And if you make it friendly to non-fans, you may build a larger audience, and create new fans. That’s what The Next Generation did in 1987, and Doctor Who did this year.

Lesson 5: The star is more than half the show

Star Trek has always prided itself on making stars out of lesser-known talents. Bill Shatner, Leonard Nimoy, and to a lesser degree Patrick Stewart, all had their careers pretty much made by Star Trek. For the longest time, this was also true of Doctor Who. With two exceptions (Bill Hartnell and Peter Davison) none of the men to play The Doctor were big name celebrities in Britain. For the most part, they were recognizable character actors, but not big name celebrities.

This time around, however, the production staff went with a big name. While American audiences might not recognize Christopher Eccleston, people in Britain do. He has become one of Britain’s most respected actors in recent years, and his casting brought a lot of attention to the show. Likewise, this time around the Doctor’s assistant is a big name, too. The producers cast Billie Piper, best known in Britain as a pop singer but one who had proved that she could act. Think Mandy Moore at her peak.

When Star Trek is relaunched, it can’t afford to cast unknowns, or people like Scott Bakula who are only really known in Sci-Fi circles. This time, Paramount would do best to line up big names and known actors for its crew. And put an actor of true stature in the Captain’s chair, who will not only bring a name with them but an air of authority, respect, and recognizable talent; someone like Morgan Freeman or Meryl Streep. A name that will sell the show to non-fans.

Lesson 6: Failure isn’t fatal

In 1996, Universal Television and the Fox network joined with the BBC to try and revive Doctor Who. Casting British actor Paul McGann in the lead role with Eric Roberts as the latest incarnation of archnemesis The Master, the pilot film was little more than a typical American action-adventure show with just the trappings of Doctor Who. None of the real core elements were there, but lots of little nonsense (like the concept of the Doctor being half-human, which Davies ridicules in a joke in the last episode of the new season of the show) was thrown in. It flopped, badly, and was generally rejected by fans and non-fans alike. Again, Davies put it best in a scene in the original British Queer as Folk. One character (rabid Who fan Vince, who became comic-book geek Michael in the American adaptation) challenges another to name all of the men to play the Doctor. The second character ratttles them all off in rapid succession: “William Hartnell, Patrick Troughton, Jon Pertwee, Tom Baker, Peter Davison, Colin Baker, and Sylvester McCoy.” “What about Paul McGann?” “Paul McGann doesn’t count.”

This flop might very well have killed the series forever. In fact, most people had assumed that the 1996 pilot episode would be the last time the Doctor would be seen on television, except for classic reruns from time to time. But after another hiatus (see Lesson #1), the BBC came back out with guns blazing with the big announcement that Doctor Who would, indeed, be coming back. And now it’s the biggest hit the BBC’s had in years, killed off the top rated show on competitor ITV, and has been credited with single-handedly reinventing Saturday night as family television night.

The general consensus, among fans and critics alike, is that Enterprise has effectively killed the Trek franchise. But Doctor Who illustrates that this need not be the case. The only way that Star Trek can be killed by one flop is if the Powers That Be believe that. Instead, with a hiatus and a careful re-tooling, it can zoom back to the top of the ratings race. (Well, at least in its time slot.)

Conclusion

There you go. Six simple lessons to be learned from the biggest TV success story in British history…twice. Take them to heart, and maybe in 2010 or 2011, we’ll all be huddling in front of our TV sets, eagerly awaiting the next journey of the Enterprise again, instead of watching it boldly go into oblivion.

You have GOT to be shitting me, Fred!

Fred Phelps has sunk to a new low. Now he’s picketing the funerals of dead soldiers from the Iraqi war.

http://seattlepi.nwsource.com/local/228401_westboro14.html

BOISE, Idaho — A Kansas preacher and gay rights foe whose congregation is protesting military funerals around the country said he’s coming to Idaho tomorrow to picket the memorial for an Idaho National Guard soldier killed in Iraq.

A flier on the Web site of Pastor Fred Phelps’ Westboro Baptist Church claims God killed Cpl. Carrie French with an improvised explosive device in retaliation against the United States for a bombing at Phelps’ church six years ago.

“We’re coming,” Phelps said yesterday.

Westboro Baptist either has protested or is planning protests of other public funerals of soldiers from Michigan, Alabama, Minnesota, Virginia and Colorado. A protest is planned for July 11 at Dover Air Force Base, the military base where war dead are transported before being sent on to their home states.

WHAT THE FUCK IS WRONG WITH YOUR TINY, LITTLE, DISEASE-RAVAGED MIND YOU SICK TWISTED OLD MAN?!? This certifies it. Phelps isn’t just a bigot; he’s actually INSANE!

Buy your God Hates Phelps shit here.

Is it a knockoff if you knock off the knockoff?

Interesting discovery on the official website for Columbia/Sony Pictures’ site for the Bewitched movie. I’ve always been hooked on this show since I was a little kid. I know I was watching it as young as three years old, because my parents had to explain to me why it was no longer on Channel 6, but on Channel 29 (1972, when it ended its run on ABC), so I’ve been viewing this movie with half anticipation and half trepidation.

I’m more intrigued than worried, however, because of the film’s metaconcept. It’s not a film adaptation of the TV show, it’s a film about a group of actors doing a revival of the TV show, one of whom happens to be a witch “in real life.”

So, looking at the updated flash site today, I heard background music coming through my headphones and put them on. (The Bewitched theme is also one of my favorite instrumental jazz numbers.) Much to my surprise, the music was familiar, but not quite “Bewitched.”

Go to the site and listen to the music. It starts with what could be an improvisation on the “Bewitched” theme…then segues into the bridge from the theme from…”I Dream Of Jeannie!”

Backhanded slap at a classic “me too” competitor? Or viral marketing, since Sony is also in the running to distribute the movie version of “I Dream Of Jeannie” next fall?

New Googlebomb for everyone.

Hey, everyone, include this in an entry in your LJ, and encourage your friends to do the same. Likewise, if you post on any message boards on-line, add it to your signature.

High Crimes and Misdemeanors

Link it to http://www.downingstreetmemo.com

Source code:

<a href="http://www.downingstreetmemo.com">High Crimes and Misdemeanors</a>

An open letter to a good friend

From: Pab Sungenis <pab@lowbudgetradio.com>
To: Jesus Christ <junior@heaven.gov>
Subject: How about dropping in for a visit?

Hey, Jesus. Been a while since I heard from you. Hope all is well.

To be blunt, I’m kind of worried. Things aren’t going that well around here, and I can’t help but think that they can’t be much better where you are. Actually, to be blunt, it’s really messed up around here lately and something needs to be done.

Could you pop on down for a quick visit?

No, I’m serious. Think about it. You’re kind of busy, I know, lobbing comets around the firmament and all that, and I know your Inbox is backed up with all these Soccer Moms praying for their kids’ teams. (Ever think about a spam filter?) But a break would do you some good, and it would probably do all of us a world of good to see you again.

You wouldn’t believe the shit they’ve been saying about you lately. Since you moved away, everyone seems to think that they’re your Best Friend Forever, and they know all about you. It’s kind of obvious to those of us that really know you that they have no clue what you thought or said, but a lot of people fall for it. If you stop by, maybe you could give ‘em a good talking to, and let them know they’re full of shit, and what’s really important.

First off, there’s this whole "church" thing they’ve got going on. You had moved away before they started this shit, so you may not know anything about it. But these people actually believe in gathering together in these big, expensive buildings (which would house about 10 homeless families each, when you add the parking lot into account) every Sunday (I know, your dad’s only day off!) and PRAYING. Oh, and shelling out lots of money, too, to help keep these buildings going. And they have to do it loud, and in their fancy clothing, and some of them even on TV!

I mean, what is this shit? Weren’t they even listening that day when you were talking to — I forget who, probably Matt — about not putting on airs and praying like the Pharisees? Prayer is an extremely intense and intimate moment, and it shouldn’t be eavesdropped on. It’s like those people with those annoying little Nextel phones who think that not only do they need to talk to people RIGHT NOW, but they have to make sure that WE ALL HEAR THEIR CONVERSATION, TOO! We both know your Dad. He doesn’t like people like that. Hey, he hasn’t even really raised his voice since the day you got baptised; since then I don’t think he’s said more than 20 words in public. He prefers text messages. Easier to keep quiet. That’s why I talk to him — and you — alone. Someone has to set them straight.

Next, there are all these people who are using your likeness and name for profit. I mean, I know you don’t care about money and didn’t bother to trademark them, but you should see these people who are using them and what they’re using it for! There’s one group out there lending money (remember that day in the Temple? Again, they weren’t paying attention) as a form of "Christian debt relief." There’s another group that’s encouraging people to oppose gay marriage by — get this — changing their long distance carrier! About the only thing I appreciate in "Christian" merchandise is those stupid little "Jesus fish" they put on their cars. I stay away from those cars when I’m on the highway; my driving teacher told me years ago that it’s best to avoid people on the roads who aren’t afraid to die.

You see, here’s the thing. Some of them have gotten it in their heads that you’re planning to move back home, and that when you do you’re going to burn the whole motha to the ground. Well, actually, before you do that you’re going to pick them all up (did you get a big van or SUV you didn’t tell me about? I doubt you could fit them all in that Prius of yours) and drive them away before you light the fuse. I don’t know where they got that idea, maybe they’ve been listening to that "Sunny Came Home" song too much. I know you never told them that. In fact, didn’t your dad say something very specifically about not destroying the Earth ever again? I think he said it to Noah. Again, they aren’t paying attention.

Well, since they think you’re going to pop by and pick them all up, they don’t give a shit about anyone or anything down here. They think it’s all going to be burning down soon — as soon as you get off the Parkway, basically — and they don’t need to take care of it. Please straighten them out, before the air gets too hard to breathe and they break the air conditioner.

And the funny thing is, as much as they all talk about how devoted they are to you, they keep forgetting huge chunks of what you’ve said, like that whole "Whatsoever you do to the least of my bretheren" thing. They forget that you told us all to watch out for each other and take care of each other. Some of us remembered that, but too many of them are just looking out for number one and not giving a shit about anyone else. I would tell you to slap them upside the head a few times, but I know you’re not like that. Just give ‘em a good talking to and maybe things will work out.

To be honest, I’ve missed you down here. I want my Jesus back, not this Superhero they’ve built thinking it’s you, or the mafia boss some of them think you are. They don’t remember what you’re really like. You’re a cool guy who actually CARES about everyone else, and wants to make sure everyone takes care of each other and helps each other, and that the bad shit goes away, or at least isn’t as bad as it could be.

And that you loved all of us. I mean, some people talking about taking a bullet for their friends, but you took that concept literally. And then some! Maybe they need to be remembered about what you really said, and did, and thought.

So, what do you say? Stop on down (no need to give me a call, just pop in when I’m at work) and we’ll have everyone over. I’ll even barbecue. You like those burgers of mine, with the special glaze, right?
Think about it.

Give my love to your Mom and Dad. Thanks again for everything, and I hope to hear from you soon.

Love,
Pab.

P.S.: Maybe stick around an extra day and we’ll play "Apples to Apples" at Kris and Becky’s. I know Maia would get a kick out of seeing you. You wouldn’t believe how much she’s grown.

Bret “Howard Dean” Schundler

For you people who aren’t in New Jersey, and those Jersey people who have heard about this, Bret Schundler is a former Mayor of Jersey City who is running for Governor. In the past week, he’s gained about 10 points in the polls in the Republican primary to pull even with the front-runner Bob Forrester.

I almost like Bret Schundler because when he ran against McGreevey in 2001, his main campaign promise was to do away with the tolls on the Garden State Parkway. Shortsighted, but tempting.

Well, this is a picture that Bret had been running on his website.

Does it look like a Photoshop to you? It should. Here’s the original photo:

And here’s a composite overlay to help prove it.

And thanks to Democratic Underground for the photos, and for naming Schundler its “#1 Conservative Idiot Of The Week” for this stunt.

Another reason to hate Wachovia

(other than the fact that they’re a bunch of greedy pricks who like to make their fortunes by grave robbing and acting like they’re above the law.)

Turns out Wachovia got as big as it is today due to its ties to slavery. As reported in today’s Charlotte Observer:

A Charleston bank that later became part of Wachovia Corp. routinely accepted slaves as collateral for loans in the years before the Civil War.

Another Wachovia predecessor built a railroad through northeast Georgia with the labor of hundreds of slaves, some of whom it owned.

“Inasmuch as the negroes have increased in value since they were owned by the company, the value of the four that have died should not be carried to profit & loss,” the bank’s board declared in 1838, according to a report issued Wednesday by Charlotte-based Wachovia.

Wachovia said it prepared the report to comply with municipal laws requiring companies seeking city business to acknowledge any profits from slavery. Chicago passed the first such law in 2002; Philadelphia, Detroit, Los Angeles and other cities have followed.

The company filed its findings with the city of Chicago on Wednesday. It has also posted the complete document on its Web site, Wachovia.com.

But Alderman Dorothy Tillman, who wrote the Chicago law, said Wachovia may still have a problem because the company filed a statement in January claiming no profits from slavery.

“What we need to find out is what changed between January and June,” she said.