Secret deals.

Corporate pressure.

Something is up at CBS Radio.

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1. Bet you’ve never heard of a 26% commission rate in radio.  Here’s what now earns a 26% commission at CBS Radio.
2. The critical importance of this day – June 30^th.
3. The switch CBS Radio is pulling on advertisers if they will just do this one thing.
4. Why the CBS balance sheet is all of a sudden a monster issue.
5. And the $64,000 question!  Does this whacky behavior mean the rumored merger with Cumulus is ready to happen sooner than 2014?

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The next round of Cumulus cutbacks and layoffs are now underway.

10 victims in one day – in one place – with more to come.

Something just got worse.

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1. The next target for a shutdown previously thought to be off-limits.
2. The reported secret deal the Dickeys are working on now to create the next national format and induce more firings.
3. Their exit from talk radio is becoming more evident – how, where and when.
4. Why Cumulus can no longer afford to fire people slowly under the radar and what it means to current employees.
5. Finally, the question people are afraid to ask!  When do the “real” layoffs begin – so massive by comparison they will make the jobs lost to date seem small.

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The crybabies who think if you criticize radio you don’t love it are doing more harm than good.

Where are our balls?

Where is our innovation?

Don’t just blame the consolidators who richly deserve plenty of it, look in the mirror and make a difference.

10 things you can do to shake radio awake.

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1. The one strategy that would turn radio around on a dime – in fact, our competitors are already doing it.
2. If you can fix only one thing on a radio station today, this move gets the most audience and revenue back.  One smart move.
3. The most impressive digital strategy that will blow away all competitors because none of them do this.  Yet audiences crave it.
4. What’s worse for audiences and advertisers than an 8-minute stop set – fix this and you’re printing money again.
5. And, what everyone really wants to know:  Can good radio work in a world where venture capital-backed consolidators dominate.

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Clear Channel lenders know nothing about radio so the changes they are imposing next are so scary as to be unbelievable.

But believe it.

The Clear Channel mandate to make more drastic cuts.

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1. One coming budget cut is so controversial Clear Channel is actually asking the perpetrators involved not to discuss it. 
2. When the first of the big changes is slated to start.
3. Excerpts from this secret email that says:  “In the coming weeks we will have a strategic game plan”.  About what?
4. Three huge cuts I guarantee you have never seen implemented at any radio station.  In fact, you’ve never even heard about them, but you will because they are coming.
5. And will somebody please reveal what’s in the works at Clear Channel!  A new name for the radio stations.  A new look for offices.  Yet another new way to drastically slash expenses.

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Clear Channel CEO Bob Pittman has just come off a wonderful “work” trip to Cannes and has had to put up with walking around the deck of the company yacht in his socks for a week.

Now he’s prepared to sock it to another category of employee – the one that thought they had the most job security.

Market managers.

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1. The brutal way Clear Channel will now target their “capos”, appointed managers who blindly carried out execution orders.  Now they are the targets.
2. Will the coming managerial purge be counted toward the four per market mandate to achieve 624 more layoffs this summer?  We do the math.
3. Real time examples of firings – who, where and how these new firings are being conducted as a warning of what’s to come.  
4. Red ink and piles of debt have forced Clear Channel to think more aggressively about layoffs.  Here’s their scary new plan.
5. What we’re all wondering!  Pittman has board approval to layoff four employees from each market – when he is going to use it.

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Here is 7 days advanced warning for fireworks to be set off at Cumulus and I don’t mean a July 4^th celebration.

The Dickeys are making a huge move with implications that will affect their current staff and the size of that staff in the future.

Lew Dickey declaring independence from more employees.

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1. The move that will launch a ton of layoffs.  No one saw this coming.
2. The new way corporate will be making local decisions.
3. This is bigger than syndication – and it’s scarier.  Clear Channel has toyed with this kind of move but hasn’t had the guts to go where Cumulus is going next week.
4. How the groundwork is already laid to expand what you’re going to see happen by July 4^th.
5. If you’re wondering why now!  This explains it all and gives you a roadmap to what Cumulus is planning to shakeup next in talk, music and sports.

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Clear Channel is not even trying to hide the excesses that a handful of corporate honchos are piling on themselves.

Meanwhile 4 employees per market will be fired – 624 total – signed, sealed and delivered by the Clear Channel board.

As you’ll see, the more CEO Bob Pittman’s cohorts take, the more their employees give up in jobs.

You can predict the next layoff.

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1. Less than two weeks after asking for the heads of four employees per market, guess what Bob Pittman is getting ready to spend more money on today.
2. Caught on Facebook!  Clear Channel employee bragging about corporate partying while 624 fellow workers face the ax.  With “compromising” photos.
3. The real reason behind Clear Channel’s move to costly bigger headquarters and posh digs.
4. The Imperial Pittman:  an employee reveals what His Majesty requires an employee to do before he enters a room.  Eyewitness account.
5. What everyone wants to know!  How these out of control corporate excesses can actually predict the next round of layoffs.

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Another piece to the eventual merger of the worst radio company with the best is now in place.

CBS employees don’t want to believe that their excellent company could wind up in the hands of Brother Love’s Traveling Salvation Show.

And Cumulus employees don’t know what to believe.

Game on.

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1. The sale price in dollars and multiples from people close to the situation. You heard it first.
2. Why CBS finds Lew Dickey, an underachiever and toxic employer, so attractive.  Some things are more important than looks.
3. The real deal behind all these collaborations between CBS and Cumulus.
4. The reason why Cumulus sacrificed 67 stations to the national sports radio network launched by CBS that will never see a 1 share and just yesterday scheduled a new play date with each other.
5. And what everybody is asking!  Is there any way – any way at all – that CBS keeps the biggest and best stations for themselves and sells only the others to Cumulus?

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Yesterday Cumulus just took the first step to substantially cut its staff again.

And it looks like they are going to slip one in even as Clear Channel lays off 624 people, which have also been approved to avoid the bad publicity.

The Cumulus layoff plan is underway.

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1. Here is the giveaway for this round of cutbacks.  The mandatory spreadsheet form that local stations were told to fill out.  Read that form and you can see which jobs are being targeted. 
2. Two things that could save your job from this round of Cumulus layoffs.  If you’ve got one of these, you’re golden.
3. The next plug-in national format after all sports that Cumulus is said to be secretly working on.
4. The big time partner in crime developing this new 24-hour format that will allow them to fire even more local staff.   You’ll be surprised.
5. The slick programming change that is being made in some markets to cut another position from the budget.
6. Finally, the thing we all want to know!  When. 

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Bob Pittman is making his play to buy the major assets of Clear Channel.

If you think he’s been a little erratic lately, wait until you see what he’s working on now.

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1. Why Pittman is sticking to his 4-per market layoff goals while at the same time handing out raises, bonuses and benefits to his top henchmen like it’s going out of style.  There’s a reason.
2. The strategic reason Clear Channel asked advertisers a few days ago to stop making “lame ads”. 
3. A major programming move coming to a Clear Channel station near you that will further stretch out an overworked air staff.
4. How Clear Channel has finally resolved who will decide which employees will be getting the axe – forget the optics, it’s going to be done like this.
5. Most Important!  Are the worst of the layoffs over after these four per market (624 total) firings happen?  The mind-blowing answer.

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Now it is known.

Here’s how Clear Channel intends to pull off the firing of four employees per market when they can catch them most off guard.

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1. The secret plan from a source close to Clear Channel corporate on exactly how CEO Bob Pittman will use shock and awe to complete the firing of 624 employees.
2. How Pittman is trying to distance himself from the decision he personally made to exterminate a massive number of employees unexpectedly in the middle of the year.
3. Even as you read this, people are working for Pittman to come up with a list of expendable employees.  The down low on their dirty work.
4. The one thing other than his own image, Pittman worries about the most.
5. The surprising revelation of who will be the ones who will determine which employees get fired.
6. And what everyone wants to know!  Is there any circumstance under which the four per market firing mandate can be rescinded if things get bad enough.  The surprising answer and the specifics.

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Cumulus is getting to be like “Keeping Up with the Kardickeyans”.

They have publicly given their senior programming VP a vote of confidence and you know what happens when they say the coach isn’t getting fired.

But it’s even more dysfunctional.

John Dickey is going to be making the music decisions from now on and there is not a lot of room to fire more people.

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1. Even “family” members aren’t safe from CEO Lew Dickey’s firing rampage so what does this mean for the coming round of layoffs.
2. The new apparent shakedown of the record industry.  How the sham will work.
3. What’s in it for you now that the two largest radio groups are aggressively dictating music airplay?  Their plan.
4. How Clear Channel forced its stations to play a song from an artist without a recent hit and without even a record label in return for an appearance at a recent concert.  It’s true.
5. The Big Question!  What Clear Channel is paying the 10 record labels who have done direct licensing deals with them.  You won’t believe it.

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Another huge cutback is coming.

In addition to the four per market firings that the Clear Channel board approved last Friday.

This one has major repercussions for the local market employees.

But there is good news for this one job category, only one – not because Clear Channel values them but because another company wants to hire them away.

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1. The major expenditure that is being rescinded with reverberations to be felt at all regional and major market clusters.  Top secret – until now.
2. Surprise!  What expenditures will be immune from cutbacks?
3. The job you want to have at Clear Channel right now because you are virtually safe from being one of the four per market the company is looking to axe.  Only this one job is safe.
4. Why?  I’ll tell you why.  Another company is going to make a run at these Clear Channel employees.
5. The name of the company that sources say will stand up and call CEO Bob Pittman’s bluff.  They’ll take his unwanted workers and now he’s panicked at the thought of it.

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Bob Pittman is pissed.

Forced to postpone but not retract his orders to fire 4 employees per market by the end of June or sooner, he’s now about to retaliate big time. 

You’ll agree – what he’s planning to do next is a total outrage.

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1. What’s the last thing you would do if you had to fire 624 people in less than a month?  Pittman is doing it anyway but it’s a secret – until now.
2. The developing mutiny from within including top executives that are beginning to see their leader as being out of touch.
3. How ordinary employees are actually growing a pair and for the first time courageously taking this action to stand up directly to the Clear Channel CEO.
4. Pittman’s big changes ahead for President John Hogan and his format captains.
5. The major top-level defection that promises to embarrass Pittman.
6. And the most important answer!  How much time do 624 targeted layoffs really have before they are out of work even with Pittman’s last minute delay? 

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How to be Persuasive

More layoffs …

Who they are targeting (as of last Thursday) …

Preparing to detonate an entire daypart …

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Surmounting Great Personal Loss

Still on. 

But, new plan. 

New date. 

And an unprecedented and devious way to decide who gets the axe never before used by a radio company.

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1. The new drop dead date for 4 layoffs per market.
2. How the Clear Channel Board reacted Friday when Bob Pittman asked them to go ahead and approve 624 layoffs anyway. 
3. Who Clear Channel employees will be seeing from corporate starting this week to distance the firings from CEO Bob Pittman.
4. The unprecedented strategy Pittman is employing that no radio company has ever used before to determine who will lose their jobs.
5. Exposed!  The ironic plan from a company that has moved radio operations from local to corporate to shift the onerous firings from corporate to – sit down for this one – back to local radio management.

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The Benefits of Being Fired

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Today is D-Day. 

Clear Channel’s puppet board finalizes CEO Bob “Hangman” Pittman’s plan to eliminate another 5% or more of the workforce.

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1. Wednesday Clear Channel corporate made managers update their CORE programming list looking for potential cutbacks.  And then just yesterday, they got more aggressive and did this.
2. The over/under on which jobs are the most vulnerable as of 24 hours before D-Day.
3. Why the easiest to fire may go first and here is who they think are “easiest” to fire.
4. What about engineers and salespeople – safe or not safe?
5. PLUS … a free link to help potential victims of this midyear layoff:  “Seven Ways to Get The Job of Your Dreams”.  I developed it when I was a professor at USC and it works.  This alone is worth joining our group.

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ALSO FROM JERRY THIS MORNING: The Happy Pill

Lists are being prepared.  Positions targeted.  Deadline Friday.

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1. Details of a private Clear Channel email that went out within the last 24 hours revealing which employees are most at risk for being laid off.
2. Which layoffs get priority.
3. Who will take the brunt of the layoffs – there are 3 categories that appear targeted in the email.
4. Why Clear Channel is targeting people who can be fired on or before the end of the month.
5. We now have a better idea of which management position is most at risk.

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ALSO FROM JERRY THIS MORNING: Self Confidence On-Demand

Will Cumulus do copycat layoffs like it did last November under the cover of Clear Channel’s 7% workforce reduction?

As I reported yesterday Clear Channel CEO Bob Pittman has approved four firings in every radio market by the end of June or sooner!  (See: Massive Clear Channel Layoffs Approved).

Now here’s Lew Dickey’s next move.

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1. Best estimate of how many Cumulus employees will get the axe over the next few months.  It’s significant.
2. Believe it or not – this one Cumulus position has job security, at least for now – here’s why.
3. Main firing targets:  these two jobs.  No excuse for not knowing.
4. Secondary firing targets:  this position. 
5. What is the fundamental change now taking place in the way Cumulus is running their failed clusters – a scary new approach that they’ve recently turned to.  Even their market managers have not been consulted.  Jobs will be in jeopardy.

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Every market.  Very soon.  Official. 

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1. Exactly how many employees will be fired in this extra layoff – it’s massive and it’s official.
2. How soon.
3. Excerpts from CEO Bob Pittman’s secret email to his board of directors containing his thoughts, desires and demands.
4. Who will decides which unfortunate employees will be losing their jobs – it’s not who you think it is.
5. Why Clear Channel market managers don’t even know about these layoffs as late as last night.
6. What about the annual holiday layoffs – still on or now off?

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It’s the calm before the storm …

The radio industry has never been quieter which means trouble.  Debt mounts for the two biggest groups.  Time spent listening declines.  Radio listeners get older. Even some good groups look to reduce their presence or get out.

But the numbnuts who ruined the radio industry aren’t done. 

Now, 7 major surprises they have planned.

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If you’ve been thinking about subscribing and would like to access this story, this is a great day to go past the teasers and get the answers.

1. The timeframe for CBS to sell some or all of its radio division.
2. The only format that is safe from the Cumulus wrecking ball – it’s not the one you’re thinking.
3. What dirty trick Lew Dickey is planning to do to Rush Limbaugh and talk radio next.
4. What major move will Clear Channel make?  Major.
5. Why a big Clear Channel housecleaning of employees due this fall is not the only housecleaning they have planned.  Read their target for cutbacks.
6. Surprising info on who may reduce their station portfolios next.
7. How the last way to save some good radio brands goes out the window.

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