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• The company is no longer operable with the present setup – what is expendable.
• The new operational plan to prepare iHeart for sale after bankruptcy.
• What coming changes mean to employees currently in limbo – market managers, sellers and programming people.

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WHAT YOU WILL READ …

1. Cumulus employees out their CEO on how her spin is being used to impress the soon to be installed new board. 
2. Direct quotes on how Berner is manipulating the revenue numbers to make large losses look better.
3. 3 markets that are killing Cumulus revenue – expect shakeups.
4. True pacing figures for the present quarter direct from Cumulus but without the Berner spin.
5. Things are going to change very soon and here’s what it will mean for the new Cumulus.

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1. Here’s the math – proof positive that Entercom is on its way to $4 a share – or less by year’s end.
2. How much Entercom shareholders lost as of last week due to the CBS merger.
3. The amount of value that has been destroyed in just 3 months of Entercom at the helm.
4. The chance Entercom could find itself in a bankruptcy situation.
5. Why previously bullish analysts are running for the exit now.
6. EBITDA is down 50% in the first quarter alone, revenue off 7.5% – here’s where Entercom is with 6 weeks left in the second quarter.

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1. Liberty is the only bidder with real money on the table to buy iHeart, what’s holding up a deal.
2. The strength of Liberty’s interest in buying iHeart at this point.
3. Why Liberty doesn’t want to pull a “David Field”. 
4. Is Liberty’s $1.1 billion offer for 40% negotiable. 
5. What if there is no Liberty deal – where does that leave iHeart after bankruptcy.

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1. How investors are now looking at Townsquare’s future.
2. With virtually no options to sell, how will Townsquare now operate.
3. They’ve been acting like the company is off the market – is that true?
4. Something is fishy with expenses at Townsquare – here’s what’s scaring investors and lenders.
5. Three radio groups that could be acquired ahead of Townsquare – in order of availability making Townsquare’s exit options almost impossible.

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