Ho! Ho! Ho!
Oh, no!
Look what I found out.
CBS paid $14 million in local broadcast severance and buyouts in the third quarter.
Wait until you see what they have planned between now and New Year’s.
If you’ve been thinking about subscribing and would like to access this story, let me tell you what you will get.
- Why employees are now worried that if you give CBS Radio 22 minutes, they’ll give you the ax.
- Examples of stupid, shortsighted cutbacks that have been going on under the radar – until now.
- Scott Herman – what the hell has gotten into him lately.
- First quarter budgets that will be impossible to meet.
- Dreaded “fire sales” in markets that will reverberate to other radio groups in lost billing as CBS trades long-term for short-term revenue.
- What happened to the one-third of CBS Radio Les Moonves said he was going to sell. Well?
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