The Prospect of Even More Radio Cutbacks

I have long suspected that this week's latest round of "layoffs" formerly known as firings would not end with the 590 victims Clear Channel claimed.

Now, I'm sure of it.

I'm told Chief Execution Officer John Hogan in a Clear Channel webinar said this is the end of the firings. The good company man that he is -- Hogan said they did their due diligence and this should take care of the personnel cutbacks.

That's why I am convinced there will be more -- because Hogan says there won't be.

But no matter what, the cutbacks and firings are proving to be not enough to save consolidated radio companies.

Clear&hellip

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The Prospect of Even More Radio Cutbacks

I have long suspected that this week's latest round of "layoffs" formerly known as firings would not end with the 590 victims Clear Channel claimed.

Now, I'm sure of it.

I'm told Chief Execution Officer John Hogan in a Clear Channel webinar said this is the end of the firings. The good company man that he is -- Hogan said they did their due diligence and this should take care of the personnel cutbacks.

That's why I am convinced there will be more -- because Hogan says there won't be.

But no matter what, the cutbacks and firings are proving to be not enough to save consolidated radio companies.

Clear&hellip

Read More  FREE SAMPLES

The Prospect of Even More Radio Cutbacks

I have long suspected that this week's latest round of "layoffs" formerly known as firings would not end with the 590 victims Clear Channel claimed.

Now, I'm sure of it.

I'm told Chief Execution Officer John Hogan in a Clear Channel webinar said this is the end of the firings. The good company man that he is -- Hogan said they did their due diligence and this should take care of the personnel cutbacks.

That's why I am convinced there will be more -- because Hogan says there won't be.

But no matter what, the cutbacks and firings are proving to be not enough to save consolidated radio companies.

Clear&hellip

Read More  FREE SAMPLES

Breaking Down the Clear Channel Firings

Clear Channel President and CEO John "The Chiropractor" Hogan has now completed an adjustment on his patient.

In one day (yesterday) -- 590 people were fired from Clear Channel. Add this to the 1,800 or so that were cleared out in January and all the "little firings" in between and you can see why Hogan has become the CEO (Chief Execution Officer).

And the term "adjustment" is exactly how Hogan described this mass execution of radio talent to the surviving employees in a company letter:

"In January, we took the first steps to adjust our business to the realities that all media companies face this year. Those actions&hellip

Read More  FREE SAMPLES

Breaking Down the Clear Channel Firings

Clear Channel President and CEO John "The Chiropractor" Hogan has now completed an adjustment on his patient.

In one day (yesterday) -- 590 people were fired from Clear Channel. Add this to the 1,800 or so that were cleared out in January and all the "little firings" in between and you can see why Hogan has become the CEO (Chief Execution Officer).

And the term "adjustment" is exactly how Hogan described this mass execution of radio talent to the surviving employees in a company letter:

"In January, we took the first steps to adjust our business to the realities that all media companies face this year. Those actions&hellip

Read More  FREE SAMPLES