Losing Takes Care of Everything

Radio’s most influential groups are losing their way to success so effectively that if you want to see what’s in store for the industry next, consider this MBA-driven next phase of radio consolidation.  The next Cumulus is coming and I’m not talking about Entercom – although them, too!

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Employee To Entercom: CEO Is “Kim Jong” Field

It’s worse than most people know at Entercom as critical talent is quitting under its CEO strongman, which is why Friday’s “town hall” meeting at the troubled Boston cluster does not bode well for the rest of the company and for that matter the next radio group planning to pull a “Cumulus”.

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Rebellion At Entercom

At least when Cumulus fires an employee, they leave scared to death to open their mouth.  Not at Entercom where an ugly and fearless uprising of employees at one of their clusters threatens to spread to other cities and bring CEO David Field down.

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Radio Managers Being Eliminated

There is an alarming trend in radio to eliminate market and general managers and operate under this new less expensive structure that allows groups to shield themselves from wrongful dismissal lawsuits and radically redefine the radio station of the future.

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Radio’s JC Penney Problem

The sorry industry of retailing is starting to look like the sorry industry of radio after retailer JC Penney just fired their “golden” CEO after only 18 months.  Both industries have a lot in common and they’re both going to end up the same.

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