Entercom Ready to Spin AND Buy

INSIDE …

  • We’ve got a report of Entercom turning down a high-priced deal for one of their currently owned radio station – here are the details including price.
  • That doesn’t mean they’re not entertaining other offers – see where.
  • What is the one thing on the calendar that is pushing Entercom to consider selling some stations even before the DOJ approves the CBS merger.
  • Rule number one that will absolutely never be broken is that David Field will never, ever do what? Here it is and you can bet on it.
  • Which potential buyers Entercom favors.
  • And this! Entercom may be a buyer out of the box once the CBS merger closes – look at this station and this market first.

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Entercom After the CBS Merger

INSIDE …

  • Who will run daily operations?
  • Is there a place for Scott Herman post merger?
  • Will Entercom start its own rep firm?
  • How will Entercom fight the rate cutting that is destroying iHeart and Cumulus?
  • Programmatic buying – are they on board to cut sales costs and commissions?
  • Programming plans revealed.
  • Future expansion possibilities.
  • Debt strategy to avoid becoming buried in red ink like iHeart and Cumulus.
  • Their digital plans together.
  • David Field’s job security (the Fields own less than 30% of the new entity).

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Beware of a Cumulus/Dickey Deal

INSIDE …

  • The compelling evidence of a Cumulus/Lew Dickey deal.
  • What might that deal look like?
  • Why it now behooves Cumulus to help Lew Dickey get back in the radio business.
  • What Lew Dickey could have that Cumulus badly needs.
  • Why Cumulus is so afraid of what Lew is up to that they would rather deal with him.

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SiriusXM Exposed

INSIDE …

  • Why buy 19% of Pandora on the decline.
  • After Howard Stern – the plan.
  • Now it can be told!  What Mel Karmazin threatened to do to SiriusXM in his last days as CEO.  This is over the top even for Mel!
  • Startling revelation about each channel’s listenership.
  • What SiriusXM is not coming clean about when it comes to advertising.

Read the full article now.

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Clownsquare, Cumulus & Dickey

INSIDE …

  • These three players are the focus of fierce speculation about taking each other out but what Townsquare, Cumulus and Lew Dickey’s Modern Media are really getting set to do is a shocker – not what we’re being led to believe.  We examine each one’s likely moves.
  • True or false, Townsquare’s chief investor wants to sell? 
  • Cumulus is going to merge with Verizon – see, you believed that.  That’s what I mean, the radio industry will believe anything at this point.  Here is what Cumulus is really going to do and bankruptcy is baked in already – but there’s more.
  • Then there’s lots of talk about Modern Media buying -- of all things --Townsquare.  Did Townsquare start that rumor?  What IS going down between Lew and “Clownsquare”.
  • Fredo!  Forget what Lew buys, is he going to bring Fredo back or has he finally learned his lesson.  Here’s my bet on that one.

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Cumulus Bankruptcy Jitters

INSIDE …

  • The consumer press is all over a Cumulus bankruptcy – what is spooking them to go public with this.
  • Is Cumulus on the brink of collapse?  Yes or no, a simple, honest answer.
  • Will it be a drawn-out affair or a quick ending?
  • How a Cumulus bankruptcy will be different than an iHeart bankruptcy.
  • What about Mary Berner and senior management now taking bonuses quarterly instead of yearly – what’s that all about?
  • Believe it or not, too little debt is almost a bigger problem than too much – here’s why.
  • Sorry to break it you but bankruptcy is not Cumulus’ biggest problem.  Do you know what it is?  Do THEY?

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Suddenly Westwood One

INSIDE …

  • Suddenly Westwood One is attractive again and there are two damn fools ready to go to the mat for it.
  • Maybe three if Cumulus decides to keep it – but will they?
  • Actually, Westwood One has something even iHeart’s Premiere Radio Networks doesn’t have – no, not old people doing syndicated shows – something better than that.
  • No matter what, there is one thing Cumulus is not letting onto about Westwood One.

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