Entercom’s $100 Million Cost Cutting

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  1. More cleansing of existing CBS management is on the way – where it’s happening now and how extensive will it be.
  2. David Field is $75 million short of his promise to lenders for additional cost efficiencies – here’s how he thinks he can find a huge savings like that.
  3. Revised benefits are in play now that Entercom has so many more employees – what they are thinking.
  4. Paychecks with nothing in them – it happened in numerous markets including some majors – how Entercom made it worse.
  5. Now it is known – specifically who will have the safest jobs at Entercom.

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Next Week’s iHeart Bankruptcy

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  1. One week from today, iHeart will be in bankruptcy.  Here’s what that will look like.
  2. iHeart has the money so why is it voluntarily submitting to bankruptcy?
  3. Prepare for asset sales – here is the first thing to go.
  4. Meanwhile iHeart has become more vulnerable to competitors – where they are getting weaker.
  5. The court will likely give iHeart the chance to make management decisions. Here are the first cuts they will make under the cover of bankruptcy.

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Alpha Financial Crisis

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  1. The latest move to bail Alpha out failed last Friday.  Here’s what went down.
  2. Now something has to give real quickly. These are the four rescue options and their potential repercussions.
  3. Larry Wilson will pay a high price to stay afloat – here’s what “high price” means.

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Scripps Sell-off Disaster

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Join our group and access today’s story about the sale of 34 Scripps stations gone bad, the past week’s stories and everything in our archives (3,859 articles).

The Dickey Cumulus Hostile Takeover

The Entercom Management Fail

iHeart’s Bully Bankruptcy Move

A Second Cumulus Bankruptcy

Cumulus Rate War Against Competitors

Cumulus Orders More Trade

The iHeart Breakup

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The Dickey Cumulus Hostile Takeover

CONTENTS …

  • Status of Lew Dickey’s hostile takeover plans
  • Jeff Marcus and Mary Berner’s “prevent” defense
  • The way lenders are leaning because they are the ones who have to choose
  • The list of other candidates interested in taking over Cumulus
  • The real timeline not the one being touted publicly
  • Changes in how Cumulus will be run until they emerge with a new owner

The answers start here  

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The Entercom Management Fail

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  • Why is the Entercom management structure imploding – already?
  • How Entercom’s sports radio franchise is being mismanaged and what they are going to have to do about it.
  • The meltdown in Boston – big advertisers bolting. Trouble in Philly. A neutered program exec.
  • Why CBS holdovers are livid at David Field.
  • The rising new program director at Entercom.

A new subscription also unlocks these full articles …     

            iHeart’s Bully Bankruptcy Move Backfires

            A Second Cumulus Bankruptcy

            Cumulus Rate War Against Competitors

            Newspapers Buying Radio Stations

            Cumulus Orders More Trade

            The iHeart Breakup

            Cumulus Management Consolidation      

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iHeart’s Bully Bankruptcy Move Backfires

Future now in doubt as debtholders call iHeart’s bluff

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List of all stories for the past year – Scroll through

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