iHeart Screwing Family of Employee With Terminal Cancer

Clear Channel changed the wrong name.

There was nothing wrong with Clear Channel.

It’s The Evil Empire that needed changing but sad to report iHeart still has no heart and they’re apparently still up to their old tricks.

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  1. Punishing a top major market employee because they have an issue with her husband, an ex-employee.
  2. How iHeart just hired an employee who lost a $16.57 million lawsuit in his previous job for the death of a listener while serially attacking a terminal prostate cancer victim, ex-employee and husband of a current employee.
  3. Phones bugged, computers hacked – the usual dirty tricks.
  4. Death threats allegedly starting about the time this ex-employee outed iHeart.
  5. Alleged blackballing – the worst fear of any ex-employee at the mercy of The Evil Empire.

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Comcast and Blackout Rules

Most people don’t realize that the blackout rules Congress is threatening to lift don’t mean anything.

Cable companies have their own rules and they are worse then you may know.

Traditional media is getting it all wrong.

What a great time to take advantage of them.

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  1. Comcast blackout rules so draconian, you ain’t seen nothin’ yet.
  2. CNN killing itself off – the backstory that is ugly.
  3. Sports rights will become a thing of the past very soon because something major has changed.
  4. ESPN is over.
  5. Ten words – the most valuable advice ever – to beat TV, radio and cable at their own game. Post these words on your wall.

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iHeart Fibbing About Revenue Projections

Pittman and Bressler better hope no one does a document dump on their financials.

Publicly, they are saying iHeart is making money hand over first.

And a mysterious $800 million stash Bressler recently bragged about.

No one calls them out.

But sources close to iHeartMedia corporate say it’s all lies.

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  1. Just like on The Price Is Right, guess how much iHeart’s most important LA cluster will be off year to year – without going over the actual retail price!
  2. Big lie number two – about their other stations.
  3. As incredible as it may seem, co-CEO Richard Bressler’s stroke of genius to solve the revenue problem.
  4. Take a quick guess – how much is iHeart dropping its rates in LA (CBS is at 50% off).
  5. How iHeart plans to avoid paying sales related severance.

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How CBS Will Screw Up TV On Demand

Let’s start with this — right from the website for the new CBS TV All Access Service.

“New Episodes on CBS App Next Day..

From tablets to smart phones, now there is no wait to catch up on the shows you love on the CBS App. Have it all at your fingertips as soon as they’re available the very next day”.

No wait?

In what corporate world is the “next day” no wait?

You see, media barons just don’t get the new world of Netflix.

HBO Go gets it, which is why last weeks announcement that consumers could buy HBO without being tethered to cable was a guarantee of future success.

And that means Boardwalk Empire the moment it is aired; not the next day “as soon as they’re available” in CBS language.

What is CBS doing, anyway?

Changing the episodes, fine tuning the video – what a joke.

All this CBS attempt to enter the early 21st media century takes is $5.99 of your dollars every month to get full seasons of current primetime programming, daytime, late night and thousands of archived shows but no NFL games.

Sorry. Don’t be a pig.

What do you want – what you WANT?

The Masters and the Final Four will also not be available directly from CBS All Access either.

Maybe this will make it up to you.

You get live streaming of all dumbed down local CBS’ O&O programming which means mindless syndication and local news with reporters that spend more time on their looks than their stories.

And thank God for Les Moonves, Nielsen will measure this mess.

I can tell you if you’re a Millennial or the parent of a Millennial you know they are not falling for this.

They’ve got Netflix to pay for.

Many some college loan payments.

And Baby Boomers and Gen Xers are going to skip CBS content en masse.

You see here is a lesson for radio as well.

It’s about content and delivery.

What they want, when they want it – that’s what gives content value.

I wouldn’t have all the thousands of subscribers I am now very grateful to have if folks couldn’t get content that they wanted enough to pay for immediately. Not the next day.

So what we have here is traditional media selling out its local TV affiliates – and you laugh when I say don’t be surprised if Moonves gets out of the O&O TV business too.

Netflix got dinged on the stock market last week losing about $100 a share.

BUY NETFLIX.

Institutional investors and hedge funds are playing with us.

Netflix missed its subscription growth numbers so the selloff began. Sheer insanity. Wait until they see the egg CBS All Access lays.

It would love to have a good quarter as “bad” as a Netflix bad quarter.

Moonves thinks his hits don’t stink.

Think about it.

Network primetime Nielsen ratings are going down steadily.

The age of the remaining audience is getting older by the minute.

He turns around and demands huge retransmission fees from clueless satellite and cable operators who really have nothing else with which to bilk its customers out of monthly fees.

And then, Moonves sells directly to the consumer devaluing his own O&Os, jeopardizes their advertising revenue and finds another way to sell a pig in a poke.

If this is the future of content, I can’t wait until a Millennial takes over at CBS.

Until then, there’s Netflix, HBO Go, Hulu Plus – maybe Apple in 2015 – to show the old outdated media companies how to do content delivery the right way.

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That iHeart Talk Rumor

You know that iHeart is dumping talk from flagship WOR, New York.

Just back from a visit to the greatest city in the world so, as Paul Harvey used to say, “standby for news”.

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  1. What’s going on – iHeart pushed off its best Premiere talk talent to Cumulus in the Bay Area to free up a station for cheap music programming and now this?
  2. You won’t believe the rumored format replacement for talk at WOR.
  3. Not worried because your talk station is not in New York? These confirmed iHeart plans will make you worry.
  4. What has pissed off Pittman so badly that he’s rethinking talk?
  5. The other Clear Channel formats that aren’t worth a chance in hell of surviving.

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