Huge Clear Channel Programming RIF in May

Here’s an important heads up.

Clear Channel will begin its programming RIF within weeks.

They are sick f#@ks because Clear Channel execs are actually bragging about the RIFs to – of all people – their competitors.

The May layoffs will be a little different but victims will be just as out of work.

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

  1. How many programming people are being targeted.
  2. Why Bain bean counters are directing the firings this time instead of local managers.
  3. Which 5 programming positions are getting cut.
  4. Which programming jobs have the most security – at least for 3 to 6 more months.
  5. How much money Clear Channel will save – at last we have a number to put it in perspective.
  6. Are the sales RIFs that started two weeks ago finally over.

Access this story now and try a monthly subscription here.

Become an annual member and also access 2,687 previous stories, here.  Search Stories.

This article was made possible by information from several sources close to the situation. When you report news, you are automatically in my Witness Protection Program, which has never revealed a source. 

Talk to Jerry privately here.

Follow me on Jerry’s Instagram

Steve Mills is a highly talented air personality for Clear Channel in Allentown, PA. He has company health insurance but has medical bills that occurred before his health insurance kicked in for stage three cancer.  His fundraiser site is www.youcaring.com/swingforsteve.  He’s one of our brethren.  Whatever you can do to help will be most appreciated.

Cumulus The Best Radio Group in America

Take THAT Eric Rhoads!

I can suck up to Lew Dickey just like everyone else to get advertising.

Oh, wait!

I don’t take advertising.

And I’ll put Jon Pinch on my cover, too – wait, wait -- I don’t have a cover.

Okay, then I take it back.

Cumulus is the worst radio group in America.

Just playing with you Eric.  But I just don’t get it.

Don’t understand how this tricky Dickey gets away with putting lipstick on a pig every three months – a veritable pig roast, even.

I have a no-bullshit Wall Street analyst that strips Dickey bare (forgive that imagery) and exposes what’s really killing Cumulus revenue.

And I will add four of these upsetting moves are going to be advanced this year.

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

  1. News of a merger in which Dickey can bury debt and lay claim to the seller’s revenue performance.
  2. Why the over-priced Westwood One deal could unravel the rest of Cumulus.
  3. How SweetJack, traffic and the Nash country format lived up to their hype in terms of revenue.
  4. How Cumulus will be able to cut on-air talent and management jobs at a very fast pace from here on in.
  5. The one piece of good news for Lew Dickey that spells bad news for Cumulus sellers.

Access this story now and try a monthly subscription here.

Become an annual member and also access 2,686 previous stories, here.  Search Stories.

This article was made possible by information from several sources close to the situation. When you report news, you are automatically in my Witness Protection Program, which has never revealed a source. 

Talk to Jerry privately here.

Jerry’s Instagram

I’m speaking on “Radio In the Digital Age” at The Talkers Conference in New York June 20th – register here.   I hope to see you there.

Clear Channel Posts Phantom Billing

Clear Channel is $21 billion in debt.

Going down every quarter in sales revenue.

Firing people in response as if they were the reason.

Now we’ve learned that the company that can’t tell the truth is fudging something else.

Bogus sales revenue that gets reported by Miller Kaplan.

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

  1. One market where millions of dollars of phantom revenue is being picked up as real billing credited to Clear Channel.
  2. The two legitimate companies Clear Channel is apparently deceiving.
  3. How this smoke and mirrors act is done – this is important if you compete against Clear Channel because your numbers look worse every time they cook their numbers to get them higher.
  4. How Clear Channel uses this ploy to generate even more millions in other markets.
  5. Why other companies that use one of their services is getting peanuts while they allegedly spend fake money on their own stations in an apparent attempt to embellish their competitive revenue figures.

Access this story now and try a monthly subscription here.

Become an annual member and also access 2,685 previous stories, here.  Search Stories.

This article was made possible by information from several sources close to the situation. When you report news, you are automatically in my Witness Protection Program, which has never revealed a source. 

Talk to Jerry privately here.

Jerry’s Instagram

I’m speaking on “Radio In the Digital Age” at The Talkers Conference in New York June 20th – register here.   Come and say hi.

Clear Channel Sales Call Centers Failing

The Evil Empire asked for this when they arrogantly canned 300 plus sellers over the past two weeks.

Replaced by a bunch of idiots in regional sales call centers manning the phones and losing business.

Wait until you see what they’re passing off as radio sales.

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

  1. How one regional call center operator didn’t even know what state the prospect’s target market was in.  No kidding.
  2. The comical handoff that takes place from city to city until the canned pitch begins – just like this.
  3. How these robo sellers are identifying themselves to prospects.
  4. What was the startling answer that followed this question:  “How much do ads cost?”
  5. What Clear Channel robo sellers are willing to do if an advertiser will give them a credit card over the phone.
  6. How robo callers handle the issue of whether to buy a 15, 30 or 60 second spot.
  7. Witness this bungled attempt at upselling by an unknowledgeable seller – this is embarrassing.
  8. Alert!  How Clear Channel is talking to other groups about replacing sellers with direct media buying sans seller’s commissions.
  9. The secret meeting schedule for other group heads at Katz’ New York offices this morning – Clear Channel wants other groups to fire their salespeople too.

Access this story now and try a monthly subscription here.

Become an annual member and also access 2,684 previous stories, here.  Search Stories.

This article was made possible by information from several sources close to the situation. When you report news, you are automatically in my Witness Protection Program, which has never revealed a source. 

Talk to Jerry privately here.

Follow me on Jerry’s Instagram

I’m speaking on “Radio In the Digital Age” at The Talkers Conference in New York June 20th – register here.   Come and say hi.

Pittman’s Job in Jeopardy With Bain

For the first time, Bob Pittman’s job is at risk.

Here’s what the desperate CEO has planned for the next 8 months to save his neck and it isn’t pretty.

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

  1. The number of additional sales RIFs that are coming before year’s end and who they will impact most.
  2. How many programmers and talent will lose their jobs to a separate, additional RIF – and when.
  3. Pittman’s “Hail Mary” to save regional sales call centers.
  4. The cutbacks at Clear Channel outdoor and a disruptive move to follow.
  5. Clear Channel’s dangerous plans to raise needed money as debt mounts and they burn through cash.
  6. Pittman’s fall management surprise that will blindside employees who have pledged allegiance to him.
  7. Details on how Clear Channel stations (studios, offices) will be reconfigured to save money.
  8. A startling decision on ad rates ahead.
  9. Plus! Two ways employees can track Pittman’s two – that’s right, two – corporate jets – to know where he is at any moment.  The links are included.

Access this story now and try a monthly subscription here.

Become an annual member and also access 2,683 previous stories, here.  Search Stories.

This article was made possible by information from several sources close to the situation. When you report news, you are automatically in my Witness Protection Program, which has never revealed a source. 

Talk to Jerry privately here.

Follow me on Jerry’s Instagram

That Clear Channel iHeartRadio Spinoff

The rumors are persistent.

Clear Channel plans to spin off iHeartRadio from the company.

True or False?

One sure bet – their radio stations are in for some changes.

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

  1. What bold move is reportedly being discussed at the highest levels of Clear Channel.
  2. Is it just the app that would front a new company or the radio stations?  Regionals or majors?
  3. How a radio group $21 billion in debt and unable to make its budget could go public.
  4. What happens to that multimedia concept that Pittman champions in public if they split off some divisions.
  5. Which divisions are likely to get separated from the parent?
  6. How splitting into iHeartRadio and going public will kill thousands of potential jobs.
  7. Look no further than this week’s announcement of an iHeartRadio network to see the future of Clear Channel.
  8. How sales RIFs are continuing as predicted with more sales managers, sellers and sales assistants being fired every day this week – including yesterday.
  9. Why Pittman’s job is in jeopardy with his bosses Lee and Bain.

Access this story now and try a monthly subscription here.

Become an annual member and also access 2,682 previous stories, here.  Search Stories.

This article was made possible by information from several sources close to the situation. When you report news, you are automatically in my Witness Protection Program, which has never revealed a source.

Talk to Jerry privately here.

Follow me on Jerry’s Instagram

Biggest Clear Channel Programing RIF Ready To Hit

Get this clown out of his Mist Tunnel.

First, Bob Pittman orders a huge RIF targeting sales managers, their compensation and reducing the number of sellers at a time when he needs revenue increases just to break even.

An estimated 300 jobs were lost and the cutbacks continue.

Now, programming is about to get it big time.

The biggest layoff ever just when competitors are starting to clean Clear Channel’s clock in local ratings.

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

  1. How regional and major market Senior VPs have already done the dirty work to plan the scope and timing of these layoffs.
  2. Why corporate has contingencies for two layoff dates – the sooner one being their favorite.  I’ve got both for you.
  3. Their ingenious plan to further gut regional market programming positions even though there are only one or two left for multi-formats.
  4. Major markets are included – here’s how they decide.
  5. Why Pittman will then continue to layoff PDs on a here-and-there basis unless this doomsday scenario happens – then as you will see, all bets are off.

Access this story now and try a monthly subscription here.

Become an annual member and also access 2,681 previous stories, here.  Search Stories.

This article was made possible by information close to the layoffs at Clear Channel. When you have news to report, you are automatically in my Witness Protection Program, which has never revealed a source. 

Talk to Jerry privately here.

Follow me on Jerry’s Instagram

Clear Channel War On Account Execs Escalates

Week 2 of the consolidation of sales at Clear Channel has begun.

New high profile firings are happening.

New roadblocks for surviving salespeople.

Low morale as sellers prepare for more RIFs.

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

  1. More big sales firings to start the week – how long will this sales RIF (reduction in force) continue.
  2. The new hiring guidelines.
  3. First example of sales “regionalization” – Bob Pittman’s latest brain fart.
  4. How surviving salespeople will see their selling territory (and personal non-reimbursable expenses) expanded.
  5. Just in case!  The successful class action lawsuit against a radio company that tried a similar move. 
  6. Pittman’s plans to tell Wall Street the company is doing great in spite of his radio group missing budget and dumping staff.
  7. How revenue budgets are decided – not what you think.
  8. What Clear Channel is doing about bonus spots and sketchy trade practices that helped get the company in trouble.
  9. The one good thing Pittman did when he took over that he is no longer doing.

Access this story now and try a monthly subscription here.

Become an annual member and also access 2,680 previous stories, here.  Search Stories.

This article was made possible from those close to the layoffs at Clear Channel. When you have news to report, you are automatically in my Witness Protection Program, which has never revealed a source. 

Talk to Jerry privately here.

Follow me on Jerry’s Instagram

Clear Channel Sales Call Centers Stealing Commissions

Has Bob Pittman no shame?

He fires 300 sellers last week while screaming for increased revenue.

Activates small regional call centers to “replace” them.

Now he’s stealing commissions from survivors of the layoffs.

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

  1. How poaching of local sales is going to happen from thousands of miles away – in fact, it already has.
  2. What will happen to markets that escaped last week’s sales RIFs (reduction in force).
  3. All the details on how a call center thousands of miles away stole a major new buy from under the eyes of local DOS and sales staff – just happened last week to save paying commissions.
  4. How SpongeBob BossyPants is going to make it harder for surviving Clear Channel sellers to make what they made last year – 3 ways.
  5. Next target: Why all existing commission rates are under review.
  6. Who Clear Channel will be gunning for in the next sales RIF.
  7. And when that next sales RIF will occur.
  8. Early warning of two more sales RIFs coming on the heels of last week’s firings – one to Outdoor and one more to radio.
  9. Bobby Bombshell Surprise!  Why Pittman is turning the regional call centers loose on major markets that were thought to be safe -- not just regionals.

Access this story now and try a monthly subscription here.

Become an annual member and also access 2,679 previous stories, here.  Search Stories.

This article was made possible from those close to the layoffs at Clear Channel. When you have news to report, you are automatically in my Witness Protection Program, which has never revealed a source. 

Talk to Jerry privately here.

Follow me on Jerry’s Instagram

300 Down, 900 To Go At Clear Channel

This week’s sales firings are just the tip of the iceberg.

The Clear Channel sales RIFs (reduction in force) go deeper than the jobs they are eliminating.

Pittman is forcing an entirely new way to handle local radio sales.

Some changes come as soon as next week.

Things are so bad that the survivors of these layoffs are wishing they had been fired rather than work under the conditions that are coming soon to a Clear Channel market near them.

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 keeps using the term “flattening” to describe what is going to happen – what’s that all about?
  2. How Pittman is hiding behind the legal protection of RIFs to winnow out women from his workforce.
  3. How Clear Channel will handle filling critical must-fill positions.
  4. Details on sales management, training and oversight changes starting next week.
  5. Big changes ahead in regional markets that were already ghost towns before these sales RIFs.
  6. How iHeartRadio is going to rear its ugly head in the new Pittman sales recovery program.
  7. When the regional sales call centers will get the green light paving the way for the next series of sales RIFs.
  8. The template for infusing Clear Channel with ad revenue.
  9. How many months apart will sales RIFs happen between now and the end of the year.
  10. And the big announcement that adversely affects hundreds of more Clear Channel’s staffers is coming next week.

Access this story now and try a monthly subscription here.

Become an annual member and also access 2,678 previous stories, here.  Search Stories.

This article was made possible from those close to the layoffs at Clear Channel. When you have news to report, you are automatically in my Witness Protection Program, which has never revealed a source. 

Talk to Jerry privately here.

Follow me on Jerry’s Instagram