Pittman’s Cockroach Strategy To Survive

Bad news.

Clear Channel’s key revenue markets are tracking way down again in the second quarter with no indication they will make up their 6-7% losses even by the end of this year.

Bob Pittman’s head is now on the Bain chopping block.

He’s taking aggressive action to blame someone else – I mean, to get to the bottom of it.

All this on the eve of another huge RIF.

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

  1. What’s up with these new Pittman mandated SWAT teams soon to be going from market to market.
  2. The scary part – who is on these SWAT teams and what is their mission.
  3. How long will they be in your market.
  4. Why the findings are likely to piss off the very people who could make things better.
  5. Who gets blamed if the SWAT team fingers operations in your market.
  6. The 3 biggest Clear Channel trouble spots that could be responsible for taking Pittman down.
  7. Pittman’s cockroach strategy for surviving.
  8. Bonus video!  See the infamous $21 million Bob Pittman “mist tunnel” here.  Your highway taxes at work – so to speak.

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This article was made possible from sources close to the situation 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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Advertisers Punishing Clear Channel Sales RIFs

Bob Pittman has met the enemy and it is the very advertisers and agencies he needs to keep his job.

Advertisers are revolting in protest over Clear Channel’s recent sales RIFs.

They don’t want their MTV. 

They want their sellers back.

And wait until you see how they are hitting Pittman below the belt.

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  1. How advertisers are retaliating against Clear Channel.
  2. How Pittman’s RIF plan is also hurting his competitors and all of radio.
  3. How effective this agency revolt is after just a few weeks.
  4. The one thing that tripped off this agency revolt and the sales RIF was only part of it – it’s what happened next that made the advertisers go for blood.
  5. Will Pittman back off – you may be surprised at the answer.

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This article was made possible from sources close to the situation 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.  My daughter was married Saturday and I’ve shared some beautiful pictures.

One of our own is in trouble and needs our help.  Steve Mills, a Clear Channel talent in Allentown, PA has stage 3 mixed cell Hodgkin’s lymphoma.  He’s trying to fight the disease, but the medical bills are killing him, too.  Any donation will help.  I’m pledging $100.  Will you give something – anything to help this young man survive and live his life with his beautiful family.  Donate by clicking here.  Together we can capture the real spirit of radio.

The Unintended Consequences of the Apple Beats Deal

Streaming music is the future.

Radio is dead.

Downloading is over and streamer music is the next radio.

Don’t bet on it.

Even Apple doesn’t fully see the unintended consequences of buying a streaming music service as an insurance policy on the future.

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  1. The future of streaming music and its effect on radio going forward.
  2. What happens to Clear Channel’s iHeartRadio and Cumulus’ Rdio now.
  3. What will happen to the iTunes store and iTunes Radio.
  4. The real force to be reckoned with that has not yet been acquired by anyone – this is the thing radio should be very afraid of – not streaming music.
  5. Where the music business and where radio is heading.
  6. Why I’m selling everything and buying Apple and it’s not because of the Beats acquisition.

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The Cure For Song Skipping

Music radio is based on the assumption that if you play the right song, you’ve got the listener until the next song (or commercials) play.

But new research shows that listeners don’t even listen to the entire song in the age of Spotify and Pandora.

This is a game changer. 

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  1. The little-known startling statistics about how restless listeners are becoming when enjoying music.
  2. How many listeners don’t even listen to a song all the way through.
  3. The cause of song skipping.
  4. Disrupt the trend with this cure for radio song skipping.
  5. How to reprogram a music radio station to reduce or end song skipping.

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

Clear Channel Gunning For Big Salaries

Now we know what the cutoff point is.

Who gets spared.

Who gets axed because they make too much money.

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

  1. If you’ve been recruited by the Evil Empire within the past few years, you might want to read this first.
  2. What is the salary firing point for regional markets – if you make over this amount, Bobby P is gunning for your job.
  3. How Bain bean counters will be refocusing on major markets next.
  4. How SpongeBob BossyPants plans to eliminate as many as 30 market managers (well, he has proven now no one is safe not even revenue producing salespeople).
  5. How Pittman plans to operate in clusters where market managers are fired.
  6. Which parts of Clear Channel could soon be for sale.
  7. Which parts will likely be liquidated (I can name two right off the bat).
  8. And which divisions will be further consolidated to save salaries.

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Become an annual member and also access 2,693 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.   Hope to see you there.