Hubbard Said To Be Buying Again

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  • Wait until you see who is about to pick Ginny Morris’ pockets.
  • The obscene money blown on this misguided purchase.
  • When the deal should come down unless Hubbard gets smart soon, rips it up and runs which I don’t think is very likely.
  • How such a great radio company could fall for this acquisition – details inside.
  • The two key players who helped part Ginny Hubbard from her money.
  • The deal Hubbard should have done instead.

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Dickey’s Done – What Cumulus’ 9% Drop In Revenue Means

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  • What this worst performance even means for Lew Dickey – yes, this time there are implications. Details inside.
  • Bad sign for anyone left working for Cumulus – what can they do next.
  • The way this worst in the class revenue performance affects Cumulus’ potential purchase of CBS Radio.
  • What largest shareholder Jeff Marcus who is losing his shirt with his Cumulus investment is likely to do to try to turn things around.
  • The real numbers on what Cumulus spent on capital expenditures (maintenance costs to keep things running) for Q2 – then compared to his direct competitors. Revealing.
  • What happens to Cumulus hiring now -- the method to Lew Dickey’s madness revealed.
  • 7 analysts have been issuing a “buy rating” for Cumulus even though their stock is now down to about $1.50 a share – guess what they are telling clients on the morning after.
  • Nash undressed – Lew Dickey’s own personal country format stripped to the bone on a revenue basis for those who really want to know.
  • Pacings for the 3rd quarter now underway – any better, any worse, any solutions.

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Herman Turns the Knife Toward CBS’ Best Formats

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  • The terminator is at it again, listen to what we’re hearing Scott Herman is planning to save money at radio stations that are doing great in the ratings.
  • Two alternatives, both suck. You’ll agree.
  • Those “forced” retirements – get used to them.  Details inside.
  • Warning: Herman has declared open season on general managers, some market managers and off-air programming people except for these people.
  • Stupid iHeart tricks you’re likely to see Scott Herman play next.

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CBS Doing the “Black Hat” Work For the Dickeys

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  • Why Cumulus cannot buy CBS as it is today – so these changes are going to be made to make it easier. Inside stuff from a Wall Street analyst who knows.
  • The sale of CBS Radio is being fast-tracked for this specific reason.
  • Why CBS cutbacks and massive layoffs are so ferocious and urgent.
  • What Lew Dickey plans to do if he reaches a deal with CBS.
  • How new CBS Radio President Andre Fernandez plans to close the gap between what his boss, Les Moonves wants for the radio group and what Cumulus can afford to borrow from lenders.

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Cumulus Panics — Can’t Cover Westwood One Firings

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  • What Cumulus is now offering to pay local talent to do the full-time job of fired Westwood part-time talent.
  • How Cumulus forgot to lineup talent to replace the fired Westwood people causing them to scramble now.
  • Why proud Cumulus employees are saying no leaving the Westwood programming in jeopardy for thousands of affiliate stations.
  • The kiss on the lips Mike McVay is promising in order to get local employees to help them out of this mess.
  • The deal – the number of voice tracks that fearful Cumulus employees don’t want to do on top of their “day” job.      
  • The difficult learning curve that will be required for any sucker, I mean, Cumulus talent willing to take this on.
  • How much money Cumulus thought they were saving by firing over 70 Westwood One employees – and now they’re screwed.

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Big Radio Ownership Changes Coming

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  • One radio group is under pressure to expand and it could be a perfect buyer for some of the CBS spinoffs.
  • The three radio groups that will likely benefit most from buying spinoffs from the CBS-Cumulus sale.
  • What business does Cumulus have in their current shaky financial situation buying a group like CBS? Here’s the scenario that would make Lew Dickey and principal owner Jeff Marcus look likes geniuses. Yes, I said genius and Lew Dickey in the same sentence.
  • The company that is not on most people’s radar screen that can come in from left field, buy CBS spinoffs and suddenly be a major player.
  • Scott Herman and Andre Fernandez after a CBS deal gets done.
  • The over/under on whether iHeart could wind up with some former CBS stations.       Details.

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CBS Preparing For Massive Station Sale

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  • The continuing CBS layoff plan that sets up a massive station selloff.
  • Where Cumulus now stands as eventual buyer of CBS stations.
  • Could Hubbard be a buyer to the delight of some CBS employees – details.
  • Why CBS is hell bent to eviscerate its all-news stations and the unlikely model they will be following from another consolidator.
  • The fate of all-news WNEW-FM in Washington – the first news station CBS started and didn’t just inherit from the former Westinghouse.
  • The expiration date on CBS’ attempt to sell the group.
  • Will Scott Herman become the CBS version of Cumulus hatchet man Mike McVay – new news on this front.
  • What CBS Radio will look like in 18 months after merger and acquisitions President Andre Fernandez carries out his plan.
  • Some good news about some CBS radio personalities.

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