iHeart & Cumulus Bankruptcy Secrets

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  1. Will Cumulus emerge from bankruptcy this spring as promised.
  2. Why iHeart is acting awfully nice to John Malone’s Liberty but refusing its takeover bid.
  3. How Cumulus is misleading lenders and unsecured creditors about the financial health of the company.
  4. Why iHeart employees are being given a false sense of security about the future of their jobs. 

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Connoisseur, Alpha & Townsquare

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  1. What Connoisseur is doing that Alpha and Townsquare absolutely refuse to do.
  2. Where Alpha’s attempt to sell more stations is right now and what their options are.
  3. Why Townsquare is buying even as they try to sell the entire company.

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Entercom: SOS to CBS

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  • Mary Berner’s Job Security
  • iHeart’s Massive Station Selloff
  • Townsquare’s Future
  • The New Cumulus Board
  • iHeart Under Liberty Media 

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Mary Berner’s Job Security

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  1. The likelihood of Berner being retained as Cumulus CEO when bankruptcy ends.
  2. How long will the new board give her to finally turn the company around.
  3. Why she continues to pound away at “toxic culture” 2½ years after taking control.
  4. Can she survive a planned hostile takeover.

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iHeart’s Massive Station Selloff

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  1. Forbes is claiming iHeart will conduct a massive selloff of stations after it emerges from bankruptcy – what do they know.
  2. Other major changes coming post-bankruptcy.
  3. If Liberty Media wrestles control of iHeart, how will the company be different.
  4. If current owners emerge with a second chance, what will that look like.
  5. How the advertising model drastically changes. 

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