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• The most deadly accurate list of who is likely to buy and sell radio stations as revenue for the industry stalls.
• Covered in this report: Alpha, Emmis, Cherry Creek, Townsquare, Cumulus, Connoisseur, iHeart, Cox, EMF, Entercom, Hubbard, Saga and Beasley – who are the sellers, who will be buyers.
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            Entercom Local Sales Ploy

            Scripps Station Sell-off

            2^nd Bidder for Cumulus Takeover

            The Cumulus Talent Dump

            Entercom Purge of CBS Radio

            Mary Berner vs. Randy Michaels

            Bain’s iHeart Rescue Plan 

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• How Entercom is playing dirty with local buyers
• Details of their new strategy to cut competitors off from getting any of the major ad buys
• How they use their lesser rated stations to get more of local buys
• BUT, what independent stations are doing to get around them – and it works

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            Scripps Station Sell-off

            2^nd Bidder for Cumulus Takeover

            The Cumulus Talent Dump  

            Entercom Purge of CBS Radio  

            Mary Berner vs. Randy Michaels 

            Bain’s iHeart Rescue Plan 

            Catastrophic Cumulus  

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• What Scripps can expect to get for selling 34 stations
• But what if they can’t find buyers, what happens then
• The list of potential buyers
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• The likely outcome of the Scripps sell-off and its effect on competitors

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            2^nd Bidder for Cumulus Takeover  

            The Cumulus Talent Dump

            Entercom Purge of CBS Radio

            Mary Berner vs. Randy Michaels

            Bain’s iHeart Rescue Plan

            Catastrophic Cumulus

            Alexa & Radio 

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• Who is the second bidder? Clue: it’s not a radio competitor.
• How this new bidder would compete with Lew Dickey who is also poised to attempt a hostile takeover.
• What the new bidder is likely to offer lenders and bondholders compared with what Dickey will offer.
• Why liquidation is a real possibility.
• What happens to current management, employees, contracts and benefits.
• When will attempts to takeover Cumulus happen.

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            The Cumulus Talent Dump  

            Entercom Purge of CBS Radio

            Mary Berner vs. Randy Michaels

            Bain’s iHeart Rescue Plan

            Catastrophic Cumulus

            Alexa & Radio

            Entercom Talent Fee Scam           

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• Why if you’re a talent working for Cumulus, you’re in big trouble right now.
• What really happened to put a smile on Imus’ face while he was being fired.
• The precarious status of WPLJ’s Todd & Jayde, KLOS, LA’s Heidi & Frank, KNBR, San Fran’s Murph & Mac, Lamont & Tonelli at The Bone in SF, Jack Diamond at WRQX, DC and the Nash morning show.
• Will board president Jeff Marcus save his favorite talent from being fired or cut.
• Who is safe – actually bulletproof – from Cumulus contract breaking.
• Why these cutbacks are happening now when Cumulus isn’t paying bills in a long bankruptcy – what’s up with that?
• Why this talent dump is ironically spotlighting how Cumulus does not pay women equally to what men make – the proof.

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            Entercom Purge of CBS Radio

            Mary Berner vs. Randy Michaels

            Bain’s iHeart Rescue Plan

            Catastrophic Cumulus

            Alexa & Radio

            Entercom Talent Fee Scam

            Draconian Cumulus Non-Competes            

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• It’s not their imagination - why CBS employees accuse Entercom of hating all things CBS – with proof to back it up.
• How CBS employees will be losing benefits under Entercom within the next year.
• Unrest – now there is discontent by former CBS execs with Weezie Kramer – where and why.
• The expected flushing of CBS executives.
• Why programming will be hit – harder!

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            Mary Berner vs. Randy Michaels

            Bain’s iHeart Rescue Plan

            Catastrophic Cumulus

            Alexa & Radio

            Entercom Talent Fee Scam

            Draconian Cumulus Non-Competes

            Cumulus Unhinged            

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Newstips

• Who is going to buy Merlin’s 2 Chicago FMs – The ones Cumulus is walking away from
• How much Cumulus is losing without the 2 Merlin FMs – Leaked revenue figures
• The soap opera – Cumulus says they don’t need them. Merlin says they can run them. The truth.
• Third party buyers – Who else is out there to buy and disrupt the market

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• A plan that involves talent in a big and unexpected way.
• Giving up some of iHeart’s platform but keeping others – here’s what they will keep.
• Chances for a hostile takeover like Lew Dickey is planning for Cumulus.
• iHeart is burning through cash – Bain’s fix.
• Yes, assets will be sold despite denials – what goes first.

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            Catastrophic Cumulus

            Alexa & Radio

            Entercom Talent Fee Scam

            Draconian Cumulus Non-Competes

            Cumulus Unhinged

            Secret Cox, iHeart & Cumulus Sales Arrangement

            New Name, People, Policies for Post-Berner Cumulus           

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• How competitors are poaching the best Cumulus people as their bankruptcy strategy falters.
• This is not the end to broken contracts – what’s next?
• Why layoffs are suddenly back on the table and the odd timing.
• Benefits, severance agreements and contracts – are they safe from Cumulus asking bankruptcy court to let them out of commitments.
• Will Randy Michaels seek revenge against Cumulus for stiffing Merlin Media’s 2 Chicago FMs.

A new subscription also unlocks these full articles …     

            Alexa & Radio

            Entercom Talent Fee Scam

            Draconian Cumulus Non-Competes

            Cumulus Unhinged

            Secret Cox, iHeart & Cumulus Sales Arrangement

            New Name, People, Policies for Post-Berner Cumulus

            Townsquare – Looking for a Buyer           

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• How Entercom keeps endorsement and talent fees
• So bad, some managers refuse to go along
• Most talent get screwed but here’s how the shrewd ones push back
• Entercom got caught but here’s the radio group that has the best talent fee arrangement – you want to work for these people.

A new subscription also unlocks these full articles …     

            Draconian Cumulus Non-Competes

            Cumulus Unhinged

            Secret Cox, iHeart & Cumulus Sales Arrangement  

            New Name, People, Policies for Post-Berner Cumulus

            Townsquare – Looking for a Buyer

            New Warning About Entercom          

            Leaked Cumulus Vital Statistics

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Become a NEW SUBSCRIBER and begin with Draconian Cumulus Non-Competes here. 

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• What has now changed about how Cumulus handles employees who want to flea the bankrupt company
• The unfair advantage they are putting employees in.
• New delay tactics they’re using – from actual cases
• Surprise!  The one radio group that has stopped its restrictive non-competes
• Even if you’re taking a job 1,000 miles away, Cumulus has a plan to stop you – here it is.

A new subscription also unlocks these full articles …     

            Cumulus Unhinged

            Secret Cox, iHeart & Cumulus Sales Arrangement

            New Name, People, Policies for Post-Berner Cumulus

            Townsquare – Looking for a Buyer 

            New Warning About Entercom

            Leaked Cumulus Vital Statistics

            The Fight for Control of Cumulus      

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• How new 1^st quarter pacing figures could blow up the Cumulus bankruptcy
• Only 8 out of 90 markets are pacing up – here’s the list. And no, the market managers are not getting a bonus.
• Why vendors are now refusing to do business with Cumulus causing major disruption.
• With revenue down, the cutbacks are already beginning – the latest.
• Why major revenue producers are defecting and where.
• The competitor looking to take advantage of the Cumulus bankruptcy by targeting and poaching their best salespeople. Here’s who to contact.

A new subscription also unlocks these full articles …     

            Secret Cox, iHeart & Cumulus Sales Arrangement

            New Name, People, Policies for Post-Berner Cumulus

            Townsquare – Looking for a Buyer

            New Warning About Entercom

            Leaked Cumulus Vital Statistics

            The Fight for Control of Cumulus

            Beasley & Entercom Debt Bombs          

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Become a NEW SUBSCRIBER and begin with Secret Cox, iHeart & Cumulus Sales Arrangement here. 

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• How one seller puts major billing on his two competitors
• Year after year – under the radar
• Who pays sales commissions
• Why they want to keep it quiet
• Will salesperson sharing spread to other markets

A new subscription also unlocks these full articles …     

            New Name, People, Policies for Post-Berner Cumulus

            Townsquare – Looking for a Buyer

            New Warning About Entercom

            Leaked Cumulus Vital Statistics

            The Fight for Control of Cumulus

            Beasley & Entercom Debt Bombs

            Alpha’s Quiet Takeover           

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• The new name – Don’t believe Lew Dickey is going to make a serious run at a hostile takeover?  He’s already got the new name.  Cumulus is so gone. 

• New COO – Dickey’s role should he succeed at regaining the company he founded will not be running everyday operations.  In the past Lew was let down by some of the people he trusted.  Now meet the new COO. 

• Who gets fired – Buying Cumulus back to have the same people who helped ruin it stay on is not something Lew Dickey is about to do.  Here are the big wigs who are going to get fired. 

• Which policies will change – For sellers, will Engage be in their future?  For programmers, will programming continue to be centralized or local?  For market managers, will they report to regional VPs, directly to new management or some new arrangement?  The answers are here.

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