INSIDE …

1. If Cumulus employees don’t like Bob Walker and Dave Milner, they’re going to like them less after they read what happened to this Cumulus market manager.
2. She’s suing and it’s ugly – details.
3. Awarded, never written up, willing to take a pay cut but something happened where this market manager drew the line.
4. Alleged verbal abuse so bad she wound up with PTSD – you be the judge.
5. How this case against Cumulus is being built as employees are learning how to stand up to toxic workplace culture.
6. The one thing you can never do at Cumulus not matter how good you are and still keep your job.
7. How the names Lew and John Dickey and Gary Pizzati fit into all of this.

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INSIDE …

• How can Entercom afford to fire a $2 million biller when they are losing $25 million a quarter?
• One who allegedly worked 16 hours many days and ran promotions because their Philly station was understaffed.
• Details of the heart issues, stress and nervous breakdown that followed – how she pleaded for help and was denied.
• The Entercom conference call that went wrong when two sales execs allegedly thought the phone connection with this employee had ended and what they proceeded to say about her behind her back not knowing she was still on the line. 
• The reason for denying an alleged $27,000 bonus claim.
• The way Entercom fired her immediately after a short disability extension.

Read the full article now.

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Report Newstips confidentially in our Witness Protection Program here.

Talk to Jerry privately here.

Visit our website for more – InsideMusicMedia.com

About $1.20 in additional losses and Entercom makes it to the $4 stock range.

That would be a catastrophic fall from $16 thanks to a CBS merger that shareholders didn’t like from the word go.

But with expected third quarter losses due to be made public soon, Entercom has so many problems that sooner or later everyone will see its real value or lack of it.

For Entercom to deliver on David Field’s merger promises, he would have to greatly outperform a radio industry that is also experiencing declining revenue.

To be fair this company is still in decent shape but another year like 2018 and Entercom will be in serious trouble.

Their emerging problems are major ones – cannot be ignored.

Wait until you hear about how their much-vaunted sports operation is being received in the sports world and some of the issues Field is trying to outrun.

He can work off this list.

Read the full article now.

A few days ago a major lender became the next to the last firm to stop coverage on Entercom.

Wells Fargo remains, but their former analyst Marci Ryvicker lost her job recently and some feel because she overstated Entercom’s upside.

David Field stubbornly refuses to acknowledge that he has blown the CBS merger integration and covers up critical problems that could turn Entercom into bankruptcy babies like Cumulus or iHeart.

As of yesterday, Entercom is now only $2.24 away from being a $4 stock (down from $16).

Now he’s about to make it worse.

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DIG DEEPER …

• Is Entercom finally done ridding itself of CBS employees?

• What about benefits and salaries?

• The unsafest job by far for a CBS “leftover” in the year ahead.

• Year two of the CBS formats all-news and sports under Entercom.

• CBS female employees under David Field in 2019.

Read the full article now.

There are stunning new numbers on the extent of the talent drain at Cumulus.

And, like Entercom that has in essence purged CBS market managers and programming talent from their company, Cumulus is doing the same thing with the same results.

The employees they think they don’t need, they are laying off and the ones they can’t afford to lose are leaving – and the evidence is convincing.

Mary Berner did this exact same thing when she bankrupted Reader’s Digest and perhaps you don’t know how that worked out for her.

She was fired (or left) and Reader’s Digest eventually entered a second bankruptcy.

Employees want to know the Reader’s Digest strategy as they fear for their future and want to get a read on what’s going to happen next -- should they stay or go?

Read the full article now.

On August 1, 2016 Mary Berner called trusted Lew Dickey loyalist and EVP Gary Pizzati into her office and asked him point blank “How do you want to go out?”

He had a three-year $1.5 million no cut contract and asked for a lump sum and contract termination.

Berner refused instead opting to honor the deal to keep him from rejoining Dickey so she benched Pizzati until the end of 2017 when he left.

Then Pizzati’s non-solicit kicked in which prevents him from hiring Cumulus employees during that period.

Now it’s payback time.

Read the full article now.

Just when you worried that David Field couldn’t find anyone to replace Wells Fargo’s Marci Ryvicker to carry Entercom’s water over their failed CBS merger integration, another sucker steps up.

Ryvicker lost her gig in a very public way on the eve of the recent NAB Radio Show where she was to be a headliner.  There is no way to know whether her college friend David Field muddied her view of Entercom.

She’s now in the entertainment industry’s version of Siberia so to speak as the managing director of Wolfe Research, a company that covers oil and gas, the trucking industry – not radio, or TV, or digital, her specialty.

A lot of effort is going into covering up the fact that Entercom is ready to crash.

But it’s the changes that haven’t been implemented yet that are of real concern.

Read the full article now.

Lew Dickey has wanted to buy Cumulus ever since he was removed in a bloodless coup by board chairman Jeff Marcus several years ago.

That was then.

In the meantime, Dickey has secured the money it would take for the current board (a group of lenders not operators) to seriously consider his takeover bid.

But something has gone very wrong.

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            New Playlists From Listeners' DNA

            Entercom Hired Bain -- Here's Their Advice

            Stations & Studios Are About to Change

            iHeart, Townsquare, Beasley, Cumulus in 2019

            Entercom's Gutting of Jerry Lee's MoreFM  

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            Stations & Studios Are About to Change

            iHeart, Townsquare, Bealsey, Cumulus In 2019

            Entercom's Gutting of Jerry Lee's MoreFM

            Alpha's Surprise Exit

            Startling Revised Purchase Price of Cumulus

            A New Warning About Entercom  

Plus every article for the past year and 4,018 in our archive like these (scroll thru/latest first)

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Inside Music Media contains no advertising.  Accepts no corporate money or consideration.  And is beholden only to subscribers who appreciate it so much that they pay for it.  Thank you.

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Become a NEW subscriber and begin with Stations & Studios Are About to Change here. 

And read these full articles …

            iHeart, Townsquare, Bealsey, Cumulus in 2019

            Entercom's Gutting of Jerry Lee's MoreFM

            Alpha's Surprise Exit

            Startling Revised Purchase Price of Cumulus

            A New Warning About Entercom

            Nielsen's New Way to Prevent Cutbacks & Cancellations

Plus every article for the past year and 4,017 in our archive like these (scroll thru/latest first)

For 27 cents a day, join the thousands of members who read Inside Music Media-- insightful, deadly honest and informative.

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Inside Music Media contains no advertising.  Accepts no corporate money or consideration.  And is beholden only to subscribers who appreciate it so much that they pay for it.  Thank you.

Subscribers get INSTANT ACCESS here.

Become a NEW subscriber and begin with iHeart, Townsquare, Bealsey, Cumulus in 2019 here. 

And read these full articles …

            Entercom's Gutting of Jerry Lee's MoreFM

            Alpha's Surprise Exit

            Startling Revised Purchase Price of Cumulus

            A New Warning About Entercom

            Nielsen's New Way to Prevent Cutbacks & Cancellations

            Streaming is Now 75% of All Music Revenue     

Plus every article for the past year and 4,016 in our archive like these (scroll thru/latest first)

For 27 cents a day, join the thousands of members who read Inside Music Media-- insightful, deadly honest and informative.

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Inside Music Media contains no advertising.  Accepts no corporate money or consideration.  And is beholden only to subscribers who appreciate it so much that they pay for it.  Thank you.

Subscribers get INSTANT ACCESS here.

Become a NEW subscriber and begin with Entercom's Gutting of Jerry Lee's MoreFM here. 

And read these full articles …

            Alpha's Surprise Exit

            Startling Revised Purchase Price of Cumulus

            A New Warning About Entercom

            Nielsen's New Way to Prevent Cutbacks & Cancellations

            Streaming is Now 75% of All Music Revenue

            Cumulus Expands Cuts

            Voice Activated Listening & Peak Screen

Plus every article for the past year and 4,015 in our archive like these (scroll thru/latest first)

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Inside Music Media contains no advertising.  Accepts no corporate money or consideration.  And is beholden only to subscribers who appreciate it so much that they pay for it. Thank you.

Subscribers get INSTANT ACCESS here.

Become a NEW subscriber and begin withAlpha's Surprise Exit here. 

And read these full articles …

            Startling Revised Purchase Price of Cumulus

            A New Warning About Entercom

            Nielsen's New Way to Prevent Cutbacks & Cancellations

            Streaming is Now 75% of All Music Revenue

            Cumulus Expands Cuts

            Voice Activated Listening & Peak Screen

Plus every article for the past year and 4,014 in our archive like these (scroll thru/latest first)

For 27 cents a day, join the thousands of members who read Inside Music Media-- insightful, deadly honest and informative.

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Talk to Jerry privately here

Report news backed by my Witness Protection Program here. 

Inside Music Media contains no advertising.  Accepts no corporate money or consideration.  And is beholden only to subscribers who appreciate it so much that they pay for it.  Thank you.

Subscribers get INSTANT ACCESS here.

Become a NEW subscriber and begin with Startling Revised Purchase Price of Cumulus here. 

And read these full articles …

            A New Warning About Entercom

            Nielsen's New Way to Prevent Cutbacks & Cancellations

            Streaming is Now 75% of All Music Revenue

            Cumulus Expands Cuts

            Voice Activated Listening & Peak Screen

            SiriusXM’s Pandora Strategy

Plus every article for the past year and 4,013 in our archive like these (scroll thru/latest first)

For 27 cents a day, join the thousands of members who read Inside Music Media-- insightful, deadly honest and informative.

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Report news backed by my Witness Protection Program here. 

Inside Music Media contains no advertising.  Accepts no corporate money or consideration.  And is beholden only to subscribers who appreciate it so much that they pay for it.  Thank you.

Subscribers get INSTANT ACCESS here.

Become a NEW subscriber and begin with A New Warning About Entercom here. 

And read these full articles …

            Nielsen's New Way to Prevent Cutbacks & Cancellations

            Streaming is Now 75% of All Music Revenue

            Cumulus Expands Cuts

            Voice Activated Listening & Peak Screen

            SiriusXM’s Pandora Strategy

            Entercom Without Marci

Plus every article for the past year and 4,012 in our archive like these (scroll thru/latest first)

For 27 cents a day, join the thousands of members who read Inside Music Media-- insightful, deadly honest and informative.

Read some recent FREE SAMPLES here.

Talk to Jerry privately here

Report news backed by my Witness Protection Program here. 

Inside Music Media contains no advertising.  Accepts no corporate money or consideration.  And is beholden only to subscribers who appreciate it so much that they pay for it.  Thank you.