Entercom’s Spinoff Strategy

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            iHeart Rumors

            Cumulus Swaps

            Lew Dickey’s Investment Plan

            The Noose Tightens on iHeart

            Westwood One’s Potential Buyer

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The Future of Cable News

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Become a NEW subscriber and begin with The Future of Cable News here. 

And unlock these full recent articles:

            Entercom’s Spinoff Strategy

            iHeart Rumors

            Cumulus Swaps

            Lew Dickey’s Investment Plan

            The Noose Tightens on iHeart

            Westwood One’s Potential Buyer

Your new subscription includes access to every article for the past year and 3,681 in our archive like these (scroll thru/latest first).  Everything.

For 27 cents a day, join the thousands of members who read Inside Music Media -- insightful, deadly honest and informative.

Inside Music Media contains no advertising.  Accepts no corporate money or consideration.  And is beholden only to subscribers who appreciate it so much that they pay for it.  Thank you.

Report news here.

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iHeart Rumors

Don’t believe all the rumors you’ve been reading about the future of iHeart.

Just some of them.

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Cumulus Swaps

Cumulus is in no position to be writing checks to acquire the stations they badly need to generate more revenue in major markets.

But they can still swap and, as you’ll see, the possibilities affect a lot of people.

  • Two dazzling markets that Cumulus is eying.
  • The seller who holds the key to swapping.
  • How many markets would be involved.
  • And, the breathtaking assets that Cumulus would have to give up to make this proposition work.
  • The buyer who reportedly could be willing to swap with Cumulus on the eve of bankruptcy.
  • What Cumulus could give up.

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Revealed – Lew Dickey’s Investment Plan

Lew Dickey is armed with a $200 million blank check and a reported ability to raise $1.5 billion to build a new Modern Media company around radio assets.

But why would he want to be a little player, arriving too late to give himself a chance?

Instead, based on loose lips from people close to Dickey, he’s planning to do something that if he actually follows through could be very viable.

  • The strategy that prevents his new company from making the mistakes Cumulus made.
  • A sampling of the assets Lew could buy.
  • Where Lew would NOT buy.
  • How he might partner with his former company, Cumulus.
  • Any other assets but radio?
  • What about brother Fredo – does he have a future at Modern Media.

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The Noose Tightens on iHeart

By now everyone knows that iHeart is in big trouble – mostly from financial missteps but not limited to that.

Now, stunning revelations on how tight things are getting previously withheld from public view.

  • For example, what percentage of lenders has agreed to their debt exchange refinancing effort?
  • Which lender stood up to Bob Pittman’s playing the bankruptcy card and the ballsy thing they did.
  • The audacity of one lender to counter Pittman’s bankruptcy threat with this ploy.
  • The real likelihood that iHeart defaults into bankruptcy according to Wall Street investors – not what iHeart is threatening.
  • Why is iHeart spending like a drunken sailor when expenses are in record territory?
  • Why layoffs are being conducted even as Pittman commits hundreds of millions elsewhere – here are some examples.
  • How much cash does iHeart have on hand and is it an issue going forward.
  • And most importantly – what we know to date on an upcoming iHeart scandal that can totally rock the company.

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Westwood One

Cumulus originally spent $260 million to buy Westwood One and with that acquisition buried itself in debt.

But does Cumulus really need Westwood One now?

  • Who is the “surprise buyer” who could make Mary Berner a very nice offer.
  • What’s wrong with Westwood One?
  • Why Westwood One would be better off in the hands of a new owner.
  • The two radio groups that need Westwood One more than Cumulus.
  • What’s the scenario under which Westwood takes on this investment partner.

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