How To Get Out Before the Next Layoff

Radio people love to say they have no choice but to put up with the likes of Lew Dickey, Bob Pittman, John Hogan and other radio Simon Legrees who are deleterious to their careers.

Not true.

I’ve got 3 great moves right here – and radio people are more than qualified to get into something that has some life left in it, rather than something that is sucking the life out of them.

3 things that can change their lives.

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  1. First, what’s the outlook for more layoffs ahead – this is crucial for those who care about their careers.  My updated timetable.
  2. Now the options – the biggest, best and most attractive industry to get into with your radio skills.  I’d do this.  In fact, I’m going to.
  3. What’s the next big option made in heaven for radio people who want to stay connected to audiences.
  4. What you need to know from all those radio people who left the industry.
  5. If you do one thing and nothing else to advance your radio career – do this.

Click “read more” below for the answers.

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CNN’s New Morning Show

Jeff Zucker, the new head of CNN who is already itching for his new boss Jeff Bewkes’ job at Time Warner is ready to bring some of his network TV “magic” to cable.

The only problem is – who cares?

Cable disrupted network television decades ago and digital is disrupting cable now.

Millennials who account for 80 million people – a potent audience to advertisers – don’t care about cable.

Hate CNN, Fox and MSNBC.

Love Jon Stewart but on YouTube.

And want content anywhere not from a screen hanging on the wall.

Even older audiences are rejecting traditional cable so with the wonderboy of CNN ready to pair 42-year old Chris Cuomo with a 29-year old up and coming reporter named Kate Bolduan, Zucker thinks he’s found the magic formula.

By the way … Earth to Erin Burnett who Zucker originally wanted to pair with Cuomo.  She invoked a clause in her CNN contract that says she must be on in prime time.

There is no prime time for a network that can barely get a half million viewers each night and Burnett underperforms that.

Maybe Zucker should pair Cuomo with Kate Upton to get an even younger audience.

Okay, maybe that will work.  Sorry, I got distracted for a moment.

The problem is that Zucker is ten years behind the times like many of the people running radio stations, record labels, TV networks and newspapers.

One mistake separates them from successfully disrupting cable and turning it into the biggest thing since Apple, Google and Facebook.

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Clear Channel’s Next 7 Shocking Moves

Now we know what’s coming next at Clear Channel.

CEO Bob Pittman becomes Chairman of the Board in a few months and has all the power he needs to disrupt the company.

Here are the next 7 steps but they are not what you think they are – even more drastic and shocking.

A shakeup – a break up – and a makeup. 

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  1. For the first time, see which largest and quickest cost-cutting layoffs will be targeted to set the table.
  2. What Pittman is likely to sell – and when – to reduce the $20 billion debt that saddles Clear Channel.
  3. Carnac sees a buyer for some very valuable Clear Channel assets – which ones and where.
  4. What about iHeartRadio and Premium Choice?
  5. Which exit plan does Pittman have in mind because it’s sure not going be business as usual anymore.

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Clear Channel Readies New Ways To Fire People

Look out! 

It’s coming.

Clear Channel has been methodically setting the stage for some (more than one) massive layoffs this year.

That’s why they forced employees to take the online survey about work conditions a few months back.

And that’s why they just a few days ago, put the second piece in place to allow them a wider range of firing possibilities for the next round.

I’ve gone over the document thanks to a number of newstipsers (and newly installed members in my witness protection program).

Here’s some of the stuff to look out for.

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  1. Awful new spying rules that gives the Eye in the Sky the ability to track employees’ every move – and fire them at will.
  2. Why a previously little known new rule that gives employees who want to report wrongdoing is a Trojan Horse that may see the end their career if they try it.
  3. What happens from now on if a Clear Channel employee takes a second job?
  4. Why their new rules on ethical selling only apply to employees and not corporate dealmakers who can get special waivers to get around them.
  5. Plus, which new corporate “gotchas” should Clear Channel employees be aware of.
  6. What about the timing of these new trumped up rules – why now?

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Spotify On the Brink

The record labels made Spotify and now they’re killing it. 

Monumental change is happening right now that is redefining radio’s role in music without helping digital streaming media services help replace lost music revenue.

It’s worse than that.

There’s no way out.

Wait until you see this new, critical information about subscribers, revenue and licensing fees.

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  1. How much of Spotify’s revenue goes to music licensing fees.
  2. What’s the sweet spot for Millennials, a consumer group necessary to the growth of the music business, for paying streaming music services like Spotify.
  3. What’s the most important feature a streaming music service must have?
  4. How radio’s demise as a hitmaker among Millennials is actually weakening the negotiating position of record labels in licensing issues.
  5. How YouTube could kill radio, Spotify AND the music industry – it’s no joke.

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Cable News Wars

CNN is being reinvented.

MSNBC is picking up steam.

Fox is still on top.

And it all doesn’t matter because big changes are coming for the cable news wars.

In fact, I’ve got the eventual winner of the cable news wars for you right here and you’ll never guess who it is.

No, not Jon Stewart.

I said you’d never guess!

What’s critical is that you don’t want to make the mistakes these three big corporate media companies are making and we’ll go over that, too.

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  1. Which one will emerge the victor in the cable news wars – MSNBC, the new CNN or the old reliable Fox?
  2. Why does an erectile dysfunction drug tell you all you need to know about cable news?
  3. How threatening is on-demand “TV anytime” programming to the cable news wars?
  4. What has happened for the first time since TV was invented that indicates a big change coming in the living room?
  5. Where the real news battle will be next after CNN, MSNBC and Fox fight it out.

Click “read more” below for the answers. 

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Cumulus’ Mr. Mean Genes Strikes Back

Mr. Mean Genes has become The Town Clown of radio.

Cumulus CEO Desperate Lew Dickey is losing employees at a record rate and thinks suing them helps him recruit better replacements.

But believe it or not, Dickey’s days are numbered.  

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  1. Why a desperate March Madness revenue-raising scheme backfired.
  2. How long-suffering employees are beginning to standup to Mr. Mean Genes.
  3. He can’t even keep super top executives – here’s a big departure Dickey failed to mention while he was bragging about his accomplishments – but we will.
  4. Mr. Mean Genes has replaced 40 of 55 Citadel managers so what’s in store for the 15 remaining survivors.
  5. What’s “compensation day expiration” and why is this self-inflicted policy making it hard to hire people for needed jobs.
  6. And the Big Question!  How long before Dickey gets his comeuppance.

Click “read more” below for the answers.

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Leno vs. Fallon

Comcast is itching to get Jay Leno off The Tonight Show so they can have a younger face to compete with ABC’s Jimmy Kimmel.

A no brainer, right?

More like no brains.

It’s right to put young entertainers on as the 80 million Millennials come of age, but they’re missing a big, bad unexpected consequence.

Learn from their coming mistake – don’t let this happen to you.

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  1. How to get younger without firing your popular older talent to do it.
  2. Why NBC will be blindsided by its decision to turn Leno loose.
  3. The one mitigating factor that makes the late night decision wrong no matter what NBC – or for that matter, or ABC does.
  4. How CBS CEO Les Moonves who has the oldest, grumpiest late night talent in Dave Letterman is outsmarting the other networks.
  5. Why you must never, ever violate one important rule when trying to go younger – or pay the price NBC is about to pay.

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The Little 225-Watt Translator That Could

Here’s the feel good radio story you thought you’d never hear about.

Clear Channel gets knocked off in a big radio market by a teensie-weensie 225-watt translator.

Emerging as number one persons 18-34 beating no less than a full power heritage station personally programmed by a big John Hogan-appointed programming honcho, which has now simultaneously dropped to #3 persons 18-34 and 25-54.

Imagine THAT on his resume.

Now you had better watch your flank.

Here’s how it happened and how other shrewd operators can pick the pockets of the big boys while they are busy cranking out their sanctimonious bullshit.

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  1. Which radio company kicked Clear Channel in the nuts and won in a major city with a lowly 225-watt translator.
  2. Guess how long it took to become #1 – you can’t, you won’t, but they did it.
  3. So this little pimple on Clear Channel’s butt isn’t making money, right?
  4. Why you should protect your brand now – if a competitor gets ahold of this game plan and has a translator available, your dominance can be eviscerated like that!
  5. The only way to defend against another rogue translator that comes after you.

Click “read more” below for the answers.

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Cox Channel

NO!  NO!  NO!

Say it ain’t so.

Cox Radio is starting to operate from the Cumulus and Clear Channel playbooks.

Not mean. 

Just lean – increasingly lean.

Some people are really worried and here is why.

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  1. Once and for all, can we rule out the sale of more Cox Radio markets?
  2. Who knew that Cox thought it had a ready and willing buyer for the recent non-essential markets it sold – and maybe even a buyer to sell the entire company.  Guess who it was and why they are not interested.
  3. Why most present and ex-employees think Cox is a human radio operator, but not all.  Their gripe has some substance.
  4. Cox doesn’t do mass firings, but they are using another tactic to cut costs.  You be the judge.
  5. How long before Cox makes a major move to get out of radio – my best estimate.

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50 Ways To Leave A Dickey

Michael Baisden was fired yesterday for daring to negotiate with Lew “Tricky” Dickey and his “Other Brother” Elroy, I mean John.

It’s an ugly new chapter of hardball Dickey style as the firing of Baisden is a perfect example of what new dirty tactics Cumulus employees may face as the company struggles with bankruptcy concerns and waits for the 2014 acquisition of CBS Radio.

Now, 50 ways to leave a Dickey.

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  1. What one thing a Cumulus employee must never ever do when they are negotiating with a Dickey.
  2. The only person who ever sliced and diced the Dickeys in a contract negotiation.  And here’s how he did it.
  3. What stops the Dickeys from going through with enforcing a non-compete for employees they’ve either fired or who have left on their own.
  4. Why Cumulus is now letting contracts expire without serious negotiations in advance of this sucker punch.
  5. Finally!  The answer to the question why would Cumulus fire employees like Michael Baisden who are making them tons of money rather than keep him at a pay cut he was willing to take.

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New Cumulus Management Crisis

Top managers are walking out on Lew Dickey.

It’s so bad, that less than 2 weeks ago one market manager quit after just four months on the job and this is becoming more prevalent.

And he was the latest of 6 managers to run the cluster since 2006 – even more failed since Cumulus bought the station before that.

Long-suffering Cumulus employees vowed that they were waiting for one thing to happen before they walked.  I’ll tell you what that one thing was.

So what do these suddenly empowered ex-employees of Cumulus plan to do for their “next” job?  This one radio company loves to hire Cumulus employees.

Cumulus often reacts liked a jilted girl or boyfriend to the news that their employees are leaving before they can be fired.   When they get this pissed, they turn to tactics like the ones I’m going to share with you. 

Then there’s their latest ploy to advertise for top jobs that have been vacated, but you won’t believe what Cumulus does to these positions while they are searching for a replacement. 

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Radio Pay Cut Scam

Clear Channel CEO Bob Pittman has no trouble throwing a lavish party for the debut of an electronic dance music format that isn’t even on a real radio station (EDM is only on a TRANSLATOR in Miami!)

Both Clear Channel and Cumulus top execs take bonuses even in bad times – like now – and simultaneously with massive layoffs that they impose on key staffers.

Top talent is being dismissed and the people who have been getting fired – 10,000 alone at Clear Channel over the past years – turn out to be the LUCKY ones.

Survivors beware.

The Evil Empire and the Cumulus Game of Clones have a plan to bend you over and screw you out of even more salary.

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  1. How contract employees are being fooled into either quitting or taking a big pay cut. 
  2. The new hardball – what to expect when you’re expecting to go to work for a better station across the street.
  3. Whopping pay cuts – you won’t read about how they’re doing it in the happy talk radio trades but you get the figure here.
  4. What’s going to happen next to market managers, programmers, sales managers and commission rates.
  5. How Clear Channel plans to screw market managers out of their bonuses.

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Randy Michaels Blows A Gasket

Michaels turns on an old friend – WWIQ PD and morning personality Al Gardner.  But the parting was ugly.  I’ve got the details from inside.

Randy is under great pressure – the rest of Merlin is being sold off right from under him by the investment people he got into bed with.  Here’s how the sale of the remaining Merlin stations is going.  Merlin thought it had the station sold to CBS Radio.  I’ll update the likely Philly buyer for you and the price.

Meanwhile WWIQ-FM’s plug and play conservative talk station with Limbaugh, Hannity and other syndicated hosts is creaming CBS’ WPHT-FM driving one of their stars, Michael Smerconish to satellite.

How can this happen?  No promotion, no commitment, no permanent owners, no help from PPM.  Here’s how to learn from Michaels mistakes and blow the ratings wide open.

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The Next Deathblow To Talk Radio

Michael Smerconish is leaving a sinking ship – he was whipped by Merlin’s fledgling Philly FM station and now he’s escaping to the greener pastures of satellite radio.

Talk radio is in deep trouble.

Get ready for not one but two new deathblows headed straight at talk radio – and they are all self-inflicted wounds.

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  1. Talk radio audiences are about to be even more undercounted.  I’ll fill you in on the latest.
  2. Some talk stations have huge online listening numbers – why is this turning out to be a big problem.
  3. But wait – Nielsen’s proposed purchase of Arbitron and plan to count digital listening is actually a fraud in the making.
  4. Which one radio group that is doing more to hurt talk radio than any other.  The answer may surprise you.
  5. Two sure things that will fix talk radio ratings but would you believe the major talk operators are doing the exact opposite.  Believe it.
  6. How long does talk radio like this have left.

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$1 Million Per Year For Each Clear Channel PD

Not $1 million per year in SALARY compensation.

$1 million a year in NEW BUSINESS that each PD must now generate to keep his or her job at Clear Channel.

As incredible as it may seem, Clear Channel CEO Bob Pittman came up with this new demand at his just-concluded top executive retreat in Florida.

Let me more blunt.

Each Clear Channel program director the company designates has just nine more months to generate $1 million in revenue even if they’re already 3 months into the year with this crazy idea.

Who knew the program director’s job was to directly increase billing – accountable down to the dollar.

These morons who have gutted radio stations of live, local programming have a helluva nerve to come back at top programming people and demand – not ask – that they help solve the company’s substantial financial problems.

I thought you’d like early warning on this because – and I hate to say it – the other lemmings who call themselves radio groups like to copy their failed leader.

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  1. Why such desperation now?  Even $1 million per year per market won’t make a tiny dent in their $20 billion debt load.
  2. Which markets.
  3. The crazy things Clear Channel is going to demand of its program directors.
  4. What if their designed PDs don’t hit $1 million by December 31st.
  5. What the real motivation is for fattening the revenue for the next 9 months.

If you would like to see why Clear Channel is going to demand $1 million in new business from its PDs and how they’re going to do it, click “read more” below because other groups are likely to do the same thing.

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Exact Number of Years Left For the Car Radio

Toyota now talks publicly about the day when they won’t be offering radio in their cars.

It gets worse – a representative of a “Big Three” automaker is unabashedly saying he “can imagine a day in his lifetime when cellular networks are reliable enough to put no-radio into the realm of possibilities”.

Automakers are now using words like radio is safe – for the foreseeable future.

Let’s be honest – what’s foreseeable mean?

How long does radio have left as a major staple in cars because a car will soon become a digital center with four wheels – and no radio!

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  1. Cut to the chase – how many years before radio gets demoted out of the dashboard.  Carmakers know.  You should, too.
  2. What specific evidence do automakers have that their customers don’t want a radio in their car. 
  3. What 80 million Millennials want when they buy a car – an expert says ignore this at your own peril.
  4. Positive steps:  What key things can a good radio operator do now to prepare for when automakers stop putting radio in the dashboard.
  5. Getting on iHeartRadio is your insurance policy against no radio in the dashboard, right?  But there’s an even better plan.

If you would like to see exactly how many years radio has left in the car dashboard and how to prepare to overcome it, click “read more” below.

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Clear Channel’s Surprising New Business Plan

Yesterday I shared with you information from a source close to Bob Pittman, his former partner in Double O Radio Bob Sherman and others in which Pittman revealed his eventual plan for Clear Channel.

It’s not owning 850+ stations, that’s for damn sure.

It’s about this crafty new business that these sources say Pittman is looking to roll out.

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  1. The timeline – how long things continue the way they are and when this new disruptive plan kicks in.
  2. If you’re asking why would anyone in their right mind buy a Clear Channel station that is not making money and actually costs money to run – well, as you’re about to learn Pittman has a brand new business for that.
  3. The startling changes Pittman plans to make to Premium Choice. 
  4. You know how Pittman is spending this year personally tending to a handful of major market stations that are key to his new business.  Now we know why. 
  5. Pittman’s new Clear Channel has very low debt (compared to the current $20 billion) and generates tremendous free cash flow.  And you thought he lost his mojo.
  6. Finally – the answer to why Clear Channel is doing record label deals, doing hourly airplay for artists, concerts that don’t make money, it just doesn’t make sense.  Until now.

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Pittman Overheard: “I Know Clear Channel’s Plan”

I know what Bob Pittman’s plans are for Clear Channel.

What if I told you that this information comes from sources close to Pittman and his former partner Bob Sherman who insisted he knew Pittman’s plan shortly before Sherman died one year ago?  

It explains his odd behavior.

His obsession for iHeartRadio.

And why he’s personally getting involved with operations.

Tells us about his plan to carve up the Clear Channel assets.

And then drops this bomb on the company and the radio industry.

None of this has been written about before – I was even surprised by Pittman’s determination to wreck the company and pilfer the parts.

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  1. Once and for all – why is Pittman so obsessed with that silly and corny app iHeartRadio and now you’ll see why it is critical to what he plans to do.
  2. What Sherman said Pittman’s plans are for the next 12 months or less and then the bombshell.
  3.  90% of Clear Channel stations are likely to be disrupted big time after that with Pittman’s ingenious and up to now secret strategy.
  4. And the other 10% will be safe, right?
  5. But there’s more – this doesn’t end once 90% of Clear Channel stations have been pilfered and, as you’re about to learn, it’s just the beginning of a new way to make money.
  6. The new Clear Channel revealed.

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Radio’s Biggest Lies

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  1. The big lie about country radio.
  2. About Cumulus not doing any more big deals.
  3. About the Bobby “Bare” Bones country morning show.
  4. About electronic dance music (EDM).
  5. The lie about hiring radio salespeople with no experience.
  6. About the digital dashboard.
  7. About the Sprint deal to unlock radio chips for local stations.
  8. The lie about the CBS Radio Sports Network.

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Digital Fraud Exposed in Radio

There is so much pressure to get Facebook “likes” and clicks today that radio stations may be turning to an old trick – fraud – to make them look better.

To trick advertisers and partners.

To fool media buyers.

I’ve uncovered some embarrassing and, frankly, questionable social media and digital strategies reportedly being employed at stations from Virginia Beach to New York City.

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  1. Which small market R&B station suddenly became more popular in Facebook “likes” over in Russia than in the U.S. raising the question of what made that happen?
  2. Which R&B station wound up with embarrassing metrics such as “likes” from 83% Caucasians with a typical age of 63?  I want to know their programming secret.
  3. How local stations in small markets are winding up with more listener “likes” in New York than in their own market area. 
  4. And what about the New York station that got a 102% increase in Facebook “likes” in just three days.  Can’t be buying “likes”, can they?
  5. The one thing radio stations desperate to win in Facebook “likes” and clicks are missing – and it’s big.

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Cumulus Forcing DJs To Sell Used Cars

I know.

Used car sales and the way the Dickeys run Cumulus go hand in hand. 

I get it.

But what I am about to tell you is absolutely true -- that Cumulus is making car salesmen out of some of its jocks.

And I’m not talking about selling cars by doing commercials.

Here’s the latest indignity sure to arrive in other Cumulus markets.  Hell, a bad idea like this is perfect for Clear Channel, too. 

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  1. Where it happened and where it is likely to happen next.
  2. All the details of the most bizarre remote you have ever heard of and may actually have to do some day soon.
  3. The startling talent compensation package.
  4. The new normal for bully tactics at a consolidated radio group.

If you would like to see how Cumulus is forcing djs to become used car salesmen, click “read more” below.

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Brilliant Digital Strategies For Radio

Pay Sprint to make their smartphones a radio station if you want.

Or invest that money in these brilliant digital strategies that will force media buyers to overpay for your innovation.

That’s right, overpay!

But radio broadcasters don’t have to be clueless any longer.

Here are the opportunities ahead that are worth time, money and corporate focus.

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If you’ve been thinking about subscribing and would like to access this story, let me tell you what you will get.

  1. Millennials download (and pay for) entire series of TV shows on Netflix and HBO Go.  How to do radio’s version.
  2. Three killer things you can add to your digital strategy that will wow media buyers in addition to radio.
  3. How to invent your radio station’s own local Facebook – not Mark Zuckerberg’s.
  4. I’m going to give this one away in the teaser – fantasy sports.  But wait I’m not talking about MLB, NFL, NBA or NHL.  It’s even better.
  5. Run all the way to the bank with this non-streaming digital idea.

If you would like to see brilliant digital strategies for radio, click “read more” below.

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Is Bob Pittman Angling to Buy Clear Channel Assets?

Bob Pittman’s TV company Barrington Broadcasting – the one he purchased through his venture capital firm Pilot Group was sold last week to Sinclair effectively cashing him out.

Pilot got out of Double O Radio, the small market radio group by taking an even bigger haircut.

Pittman, as the self-proclaimed inventor of MTV and the boy wonder of AOL, is no stranger to raising more capital if necessary.

The question is, will it be necessary.

Only Pittman knows for sure but he appears to be running Clear Channel’s radio stations deeper into debt these days.  The debt meter is at $20 billion and growing.

But people inside Clear Channel think that the sly fox Bob Pittman is up to something.

He cannot possibly survive more years of decline for the media and entertainment company even if he finds a way to kick more debt down the road.

Here’s how Pittman could direct assets right into the hands of his very own venture capital company.

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If you’ve been thinking about subscribing and would like to access this story, let me tell you what you will get.

  1. Why Clear Channel has not sold off any of its 800+ stations even though reducing the total could raise enough money to help pay down their $20 billion in debt.
  2. Why Clear Channel doesn’t run ads on iHeartRadio, a Pandora lookalike that could raise some additional money to go towards debt.
  3. Why Clear Channel is pricing their stations at such high multiples that no one in their right mind would buy them – at least right now.
  4. What 3 main assets would Clear Channel likely consider selling as the debt situation gets worse.
  5. Venture capital owners Lee & Bain have had Clear Channel long enough – here’s the startling way they get their money out now.

If you would like to see how Bob Pittman may be angling to buy some Clear Channel assets, click “read more” below.

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