What They Don’t Want You to Know About the Townsquare IPO

Sell Apple!

Buy Townsquare!

The crappy little company that couldn’t is going public.

For all the “thrills” and “excitement”, turn to your favorite free happy talk radio trade publication.

For the ugly truth about the fleecing that is coming, scroll down.

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  1. How will CEO Steven Price do an IPO with a company that is underperforming in radio and missed its digital goals by a ton.
  2. What prompted the panic move to go public now when no radio group will go there.
  3. Will Townsquare be sold as a digital play or as the third biggest owner of shitty little market stations.
  4. Why employees will now face two separate and giant layoffs rather than the one bloodbath that was planned.
  5. When the first mass firing begins and how the second one will be structured.
  6. After TS, which radio group goes public next.  I’m on a hot streak.

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Townsquare Bloodbath

Townsquare is the new Clear Channel.

God knows we have enough Evil Empires in radio.

Signs are all pointing to a bloodbath at Townsquare.

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  1. What has gone so wrong with Townsquare’s game plan.
  2. Why employees who drank the TS Kool-Aid just two years ago are suddenly pissed – and worried.  Should they be?
  3. How did that 40% digital mandate by 2014 thing work out for Townsquare?
  4. How Townsquare is now firing just like Clear Channel – even using the same lame excuses.
  5. Why the company’s billing is in the toilet even though small market radio is outperforming the majors.
  6. Oh no!  How their principle investment bank is getting impatient.
  7. Oh yeah!  When does this all come down?

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Clear Channel Advertiser Spyware

Bob Pittman’s office “mist tunnel” – now that’s funny.

After all, pompous asses need to be exposed.

But installing secret software to spy on your advertisers?

That’s NOT funny.

Nor is the Clear Channel corporate memo just sent to test markets explaining how this devious invasion of privacy is going to proceed.

If you work for Clear Channel, you can see what is being beta tested in some markets because it’s coming to you next.

If you’re a competing radio company, as I’m about to explain, this is going to ruin things for you, too.

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  1. How far the secret Clear Channel software goes in snooping on their station advertisers, prospects and sales proposals.  This can’t be legal.
  2. How the Clear Channel sales spy software invades the privacy of market competitors.
  3. The main screen Bob Pittman’s henchmen can now view and what they can click on to tracks sales activity.
  4. Why Clear Channel competitors had better stop this latest Pittman brain fart in its tracks and how it will ruin things for them, too.  In fact, that may be one of the reasons Clear Channel is doing this.
  5. Even creepier – how the spy software even allows sellers to snoop on each other.
  6. The stern warning that Clear Channel gave its employees in the secret memo.

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Clear Channel’s Bailout Plan

Prepare for Bob Pittman’s plan to reduce debt and get owners Lee & Bain’s money off the table.

You’re thinking, wait a minute Jerry, their revenue is declining and they are deep in debt.

No problem.

Pittman is beginning to signal to the investment community his big move.

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  1. The plan to turn the declining revenue of his radio group into a positive.
  2. How the Pittman exit plan for Clear Channel will affect those still employed.
  3. What Clear Channel is tantalizing Wall Street with.
  4. The giveaway – here’s how Pittman will rescue Clear Channel from $21.5 billion in debt.
  5. What’s up with Pittman talking so much about Pandora lately. 
  6. What Clear Channel radio will look like by the end of 2015.
  7. And the biggest revelation of all?  How the bailout plan impacts employees in the radio division.

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Cover Up: Spot Radio Down a Disastrous 22.4%

Numbers don’t lie, but the RAB well, changes the rules.

For the best glimpse at the year that killed the radio industry, look what they are covering up.

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  1. How the RAB has skillfully but erroneously misled the industry total revenue.
  2. The three random categories that did not get counted in 2008 but are propping up in first quarter figures for 2014.
  3. Why the radio industry is tanking when it should be on fire.
  4. The most deceitful number that cannibalizes spot radio to create a new category of revenue.
  5. The startling amount radio groups are spending on the one source of revenue that is skyrocketing.

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