Inside Music MediaJerry Del Colliano

The rumors are persistent.

Clear Channel plans to spin off iHeartRadio from the company.

True or False?

One sure bet – their radio stations are in for some changes.

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1. What bold move is reportedly being discussed at the highest levels of Clear Channel.
2. Is it just the app that would front a new company or the radio stations?  Regionals or majors?
3. How a radio group $21 billion in debt and unable to make its budget could go public.
4. What happens to that multimedia concept that Pittman champions in public if they split off some divisions.
5. Which divisions are likely to get separated from the parent?
6. How splitting into iHeartRadio and going public will kill thousands of potential jobs.
7. Look no further than this week’s announcement of an iHeartRadio network to see the future of Clear Channel.
8. How sales RIFs are continuing as predicted with more sales managers, sellers and sales assistants being fired every day this week – including yesterday.
9. Why Pittman’s job is in jeopardy with his bosses Lee and Bain.

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This article was made possible by information from several sources close to the situation. When you report news, you are automatically in my Witness Protection Program, which has never revealed a source.

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