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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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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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• 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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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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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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1. With so many radio stations on the market, two of the largest groups in bankruptcy and more to follow, where is Townsquare headed.
2. What to make of a $17 million station acquisition just yesterday.
3. Is Townsquare still on the market as it was last year.
4. What about their chief backer, Oaktree, that has wanted out for sometime.
5. Watch for Townsquare’s “Hail Mary” detailed here.

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1. How this new board can turn Cumulus upside down.
2. A new way for looking at expenses and revenue that will affect everyone – on the way.
3. Current management’s report card and what the new board is likely to do.
4. How the new board will respond to a Lew Dickey takeover attempt.
5. Today’s half-filled Berner Town Hall, sex predators still working at Cumulus stations, Berner’s end game

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1. Who is likely to run iHeart under Liberty management – some unexpected choices.
2. What happens to the Katz rep firm.
3. Is Liberty buying iHeart to retain Premiere and traffic.
4. Their plans for SiriusXM combined with terrestrial radio.
5. Will iHeart remain an 850 station group or will Liberty move to downsize.

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1. The correct status of Mary Berner’s millions in bonus money.
2. Why Cumulus MUST convince a bankruptcy court to give them another four months for exclusive rights to strike a restructuring deal.
3. Why the Cumulus bankruptcy was unnecessary from day one – and why they chose to do it anyway.
4. How Liberty Media’s continuing presence in an iHeart restructuring affects the Cumulus outcome.
5. New confidential revenue numbers that are scaring the hell out of lenders and unsecured creditors worried about the future of Cumulus.

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1. In spite of the hype, the undeniable sign that Entercom is in trouble already and missing their numbers.
2. Next cuts and renegotiations – here are three big areas and one Entercom is eying.
3. What recent corporate decision is not sitting well with investors.
4. How is confidence in Entercom’s programming ideas compared to the CBS stations they are inheriting.
5. Growth plans that have little to do with radio.

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