In the months ahead both Clear Channel and Cumulus will be undertaking some moves that could have a major impact on what’s left of the radio industry.
And it is tantalizing …
1. Which one will acquire perhaps as many as 50 or more stations and which one may sell. Be ready because all this could happen within less than one year.
2. How Clear Channel is going to kick the can down the road – so to speak – as it enters the next few years of having to repay debt as high as $19 billion. They know what they’re going to do and it’s not what they are saying publicly.
3. What are the two biggest threats that both Cumulus and Clear Channel face. Forget the Dickey hype or Pittman PR – these two issues are really what could derail one or both of radio’s largest consolidators.
4. Why Wall Street could care less about radio revenue from digital. Even Wall Street knows that Clear Channel, Cumulus and for that matter most radio companies are losing the race to the digital space. Here’s their strategy for winning the day while failing in the mobile Internet. Unbelievable.
Plus … who will buy Clear Channel? Read on, I’ll tell you.
Cumulus and Clear Channel despite the hype – are in big trouble.
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