Cumulus Bankruptcy #2

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  • The reasons financial people expect Cumulus to file for a second bankruptcy along with what will trigger it.
  • The affect another bankruptcy will have on the fragile station group and Westwood One.
  • The true financial condition of Cumulus by experts – not speculation or corporate hype we’ve been hearing.
  • The list of costs that should be going down after emerging from bankruptcy that are actually going up.
  • Why Cumulus is suddenly losing key people at the worst time possible.
  • The prognosis for Westwood One.

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5 Questions for the New Cumulus Board

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  • The 5 major questions that the new Cumulus board needs Mary Berner to honestly answer according to analysts and financial people.
  • What constitutes accounting tricks and what are sound and generally accepted accounting principles necessary to stop the bleeding.
  • 11 hours of board questions and concerns boiled down to these indicators of a turnaround or a failure.
  • How to tell the early signs that a second bankruptcy will be needed.
  • Troubling company financial indicators that are rarely discussed in public.
  • The concerning story of what’s really going on today at Westwood One.

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Lew Dickey’s Return

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  • A timetable you can take to the bank – the specific month all of this goes down.
  • What happened to his takeover bid for the failing Cumulus.
  • What Dickey’s first acquisitions will be from these sellers – either in part or whole.
  • The large group that is also being considered.
  • The plan to prevent a repeat of Cumulus 1.0.
  • First look at Dickey’s new management team.

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The Cumulus Lori Lewis Breakup

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  • How a company touting a digital revolution let radio’s acknowledged best social media expert quit?
  • The role “flipping” may have played in her departure.
  • The rumored Mary Berner Hit List – 2 of the alleged targets are gone already – what it means for the others.
  • Money walking out the door – the latest Cumulus top-biller and Key Account Manager also quit Berner.  How that went down.
  • The Cumulus employee who was just fired after commenting on a post by a former Dickey confidant – you have to see this, the post, the comment that ends ugly.
  • Little known details of jealousy and demands of loyalty that may further impact the bottom line that even the board of directors doesn’t know about.

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Entercom’s Toxic Workplace Coverup

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Become a NEW Subscriber and begin with Entercom's Toxic Workplace Coverup here. 

And read these full articles …

            Liberty’s iHeart Takeover

            Cumulus Asset Sales

            Entercom Adopts Cumulus Policies

            Cumulus Future Plans

            Entercom Commission Rate Cut

            iHeart, Cumulus Market Manager Peril

Plus every article for the past year and 3,990 in our archive like these (scroll thru/latest first)

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