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.

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  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.

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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. 

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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.

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  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.

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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.

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  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.

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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.

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  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.

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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.

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  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.

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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.

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  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.

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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.

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  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.

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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. 

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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.

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  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.

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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.

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  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.

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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.

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  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.

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Pittman Expands Sales RIFs

More than originally thought.

More job categories.

More time to knock salespeople off.

What to expect on Day Two of Pittman Gone Bonkers (imagine cutting salespeople when you’re trying to reverse declining revenue).

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  1. Why corporate is sending regional managers, directors of sales and sales managers to major markets starting next week? 
  2. How many more sales RIFs by December. 
  3. Which additional group of sales employees is also being fired and suddenly have the least job security going forward.
  4. Are long-term sales managers in trouble or only less experienced sellers – what day one of Clear Channel sales RIFs reveals.
  5. Horror story:  recruited and fired in 8 months – how Pittman rules with an iron fist.
  6. If you do anything in digital for Clear Channel, read this.
  7. Is your market safe for the time being if it experienced sales RIFs yesterday?
  8. Total body count from initial first day carnage.
  9. One consoling thought – how to know that the worst is over at least temporarily.
  10. How Clear Channel corporate brazenly played mind f#%k with the LA cluster yesterday putting a scare into markets that are not meeting their revenue numbers.
  11. What the fired salespeople came away with when they were RIFed.

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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. 

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Clear Channel Sales Layoffs Hit Today

The massive sales layoffs that SpongeBob Bossy Pants has ordered hit today.

Regional executives laid the groundwork with corporate in New York a few weeks ago. 

Legal has signed off. 

HR is ready.

Here’s how they’re coming to take you away.

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  1. A first look at the compensation packages.
  2. The three jobs you don’t want to have today because you’re in the line of fire.
  3. Will some markets be exempt – please? 
  4. What Clear Channel plans to do to the “lucky” ones who survived today.
  5. How many more rounds of sales layoffs will there be before the end of the year?
  6. How Pittman plans to increase sales revenue while decreasing the number of sellers he employs.
  7. The secret test Clear Channel did (and where) to make sellers expendable.
  8. This Heads Up!  Within three weeks another Pittman mandated layoff will cause several hundred “other employees” to lose their jobs.  Who, when, where and how.

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Swapping Colbert for Letterman

Will it work?

If getting young succeeds for late night television, is it an option for aging talk radio or morning personalities who are closer to 65 than 35?

What people are missing is that CBS President Les Moonves is way ahead of them on this.

Study Moonves’ appointment of Colbert to replace Letterman and see the future of radio, too.

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  1. The one tactic that will never work – even though late night shows aren’t getting the message and radio should avoid it.
  2. What is the only hope for stemming the decline of younger audiences for television and radio.
  3. Is younger talent the way to go for radio as well?
  4. How does the growing passion for on-demand affect Colbert, Fallon and Kimmel because even radio will have to deal with the demand for on-demand.
  5. How long do radio talk shows have left before they are all but gone.  How about late night TV shows.  Count the years here.

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Clear Channel Signs Off On New Kind of RIFs

CEO Bob Pittman’s new creation is “The Combo RIF”.

Three ways to fire more employees all at once.

And he has signed off on it as it comes to a radio station near you.

Unfortunately.

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  1. How these new layoffs will devastate previously protected workers.
  2. Will some markets be spared – majors, regionals, neither?
  3. Why the “combo RIF” and not just the usual layoffs.
  4. The exact date of the cutbacks from a source working on the RIF.
  5. Plus – bad news for sellers.  No not more commission cuts.  Worse.

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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. 

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Clear Channel Pays Off Raped Employee To Keep Quiet

This is what a boy’s club mentality gets you.

A young female employee forced to take on a shady client.

Reportedly threatened with being fired if she didn’t.

It ends ugly.

And then they make it all go away.

This is a story from the market where it all happened less than a year ago.

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  1. How this Clear Channel station forced a young female employee to do something she reportedly said she feared.  
  2. The state where the rape occurred while the station employee was working.
  3. Details about the incredible offer Clear Channel made to buy the young victim’s silence.
  4. How much they paid her to the penny – with check number and date.  (And yes, they took out taxes from the settlement to buy her silence).
  5. What has since happened to the victim and the market manager that bought her silence.  You won’t believe it, but it’s true.

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Dickey Caught Tampering With a Congressman

“Tricky” Dickey is earning his nickname.

He romances a sitting Congressman for 18 months and violates the law.

But that’s not all the sketchy stuff that is happening in Dickey World.

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  1. Exposed!  Lew Dickey suspected of trying to buy influence for these special accommodations.
  2. Why a friend in high places is necessary if Dickey is to take full advantage of that costly CBS Radio acquisition which is coming.
  3. Why one of Dickey’s own employees, Michael Savage, has him by the balls.
  4. The reports that Savage and the Dickeys at one point were communicating through their attorneys – what’s up with that?
  5. How much danger is Dickey flirting with this time.

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Clear Channel Moving To Regional Sales Call Centers

Some Clear Channel employees say Bob Pittman could screw up a wet dream.

The company he heads is now almost $21 billion in debt.

Missing its numbers for the first quarter.

Firing people faster than Kim Jong-un is murdering his relatives.

How can Pittman expect sales to increase with this cockamamie scheme?

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  1. How big a cutback.
  2. Which sales jobs will be the first to go under SpongeBob’s new plan.
  3. Are sales managers exempt?  Are major markets off limits?
  4. How the new regional sales call centers will work.
  5. Finally, this question answered!  Why Pittman would start massively reducing his sales force as Clear Channel revenue keeps tanking. 

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Townsquare Bombshell Coming

Townsquare has been quietly buying up small market radio stations in anticipation of a big move.

That move is coming.

And the Little Engine That Could may become more like Clear Channel.

Employees beware.

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  1. Why is Townsquare testing the waters for an initial public offering at this moment in time.
  2. What happened to Townsquare the digital media company.
  3. Why financial backer Oaktree wants its money off the table.
  4. The motto “40 in 14” has been beaten into the brains of Townsquare employees for years – here’s why.
  5. Evidence that a major attitude change about the company’s mission is starting to take place.
  6. When an IPO is likely.

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Dickey’s New Strategy: Tank the Ratings

Don’t get Lew Dickey mad or he’ll fire you.

Even if you don’t get him mad, he’ll still fire you.

New corporate strategy:  claim tanking the ratings was their intended goal.

If you work for one of his former Citadel stations, Lew’s coming to get you big time as you are about to see.

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  1. What Dickey plans to do with remaining morning talent – in fact, he just showed his cards recently so you can expect more of the same.
  2. Why Dickey is holding back just a little longer before he blows the lid off of the former Citadel stations.
  3. How much longer – here’s the answer.
  4. Listen carefully to what Dickey tells Wall Street analysts about why the company failed to make its 1st quarter numbers – he will be describing the new Cumulus.
  5. Doomsday Dickey Scenario!  One of Lew’s trusted employees is going to sue him and not settle for any price before a jury hears the case – read my prediction and why.

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The Cumulus-Entercom Rumor

Say it ain’t so.

Cumulus can’t be interested in Entercom when it is engaged to CBS Radio, right?

You’re not going to believe who sources say may be floating this rumor.

A better question:  is it true?

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  1. Why Entercom might be considering a merger.
  2. What’s in it for Lew Dickey if the whole world knew.
  3. Entercom’s fatal mistake – the one misstep that has left the company nowhere to grow and vulnerable to guys like Lew Dickey.
  4. Why Lew Dickey may be setting a dangerous trap that you should know about.
  5. My best thinking on which radio group Cumulus eventually buys.

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Lew-Lew Lemon’s Cumulus Ratings Tanked 36%

Both music and spoken word formats are in the toilet.

You would be fired for these ratings.

But the Dickeys are getting a promotion and a raise.

What dangerous idea is next?

Don’t ask.

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  1. The complete list of underperforming Cumulus stations since the Citadel takeover – guess how many stations went up in the ratings since then?
  2. The Dickey “success stories”.
  3. Lew-Lew Lemon’s plans to finally kill off the talk format.
  4. Dickey’s earthshattering next move that will lose Cumulus another 36% of audience and at least that percentage in jobs.
  5. Seriously, how does Dickey get away with this?  Tricky.
  6. A market-by-market chart of The Dickey’s “Best” work.

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Clear Channel, Cumulus, CBS Shaking Up Radio Sales

This is insane.

Wait until you see some of the self-destructive plans the big radio groups have for slashing sales expenses.

Even CBS!

It’s like CBS is acting like Cumulus all of a sudden (wink/wink).

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  1. How CBS panicked just two weeks ago when sales dried up.
  2. What is the first radio group that will drastically slash its sales force – and when.
  3. Lew Dickey’s “screw you” to local salespeople – dare I say no more Mister Nice Guy?
  4. How Clear Channel will doom local radio sales for everyone else – potentially even for good independent groups – with this cockamamie idea.
  5. Get your first look at the “zero cost” system for selling radio.

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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. 

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Cumulus To Neuter Jan Jeffries

Incredibly, this is not an April Fool’s joke.

The Dickeys are turning on their programming chief Jan Jeffries in what is a juicy story worthy of a TV episode on Scandal.

Heads are going to roll.

But new people are going to be hired in what I think is the sickest way possible.

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

  1. The Dickey plan to “promote” Jeffries to Siberia.
  2. Who fills the programming power vacuum.
  3. Here’s the kind of talent Cumulus is looking to hire – beware.
  4. What becomes of Mike “Benedict Arnold” McVay now, Jeffries’ own personal hire.
  5. And the question everyone wants answered!  Why is Cumulus hiring programming talent when they are moving to off-the-shelf formats for their markets.

Access this story now and try a monthly subscription here.

Become an annual member and also access 2,665 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