Bongino’s Insurrection Against Cumulus

INSIDE …

  • Something’s gotta give – Dan Bongino is pushing Cumulus to fire him.
  • Suddenly he’s the (76ers) Ben Simmons of radio – their shared playbook.
  • Why Bongino is risking losing 300+ radio affiliates for a mini-insurrection against Mary Berner.
  • The real reason for his recent work stoppage on radio while continuing his podcast.
  • How it will end – who will blink first Berner or Bongino and what it means.

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Radio’s New Role in Hitmaking

INSIDE …

A new, important purpose for radio in the age of streaming music services.

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Another Group Reportedly Sharing Talent Fees

  • Losing money is one thing – the bigger reason talent has had enough.
  • The way radio groups get away with it without advertisers finding out and demanding a lower endorsement rate.
  • Is this limited to a few groups or is fee sharing going mainstream anytime soon.
  • And, is it even legal?

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Audacy’s Dumbest Format Ever

  • DON’T make the mistake Audacy just made.
  • A simple formula for building a cash positive radio station
  • 5 steps to a stronger station before the new year

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iHeart’s “New Work Environment” & Pay Raises

Inside:  A recent revamp of work rules, remote working and benefits failed to address compensation. 

  • Who will be in line for a long-overdue pay raise? 
  • What “we will never return to the office as we knew it” really means for iHeart employees.
  • A warning about iHeart’s just announced “New Work Environment”. 
  • The new 9-point Culture Code and how iHeart has already violated every one of them. 

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Berner’s Bongino Hesitancy, WideOrbit Nothingburger

INSIDE …

Dan Bongino threatens Mary Berner

  • What’s keeping Berner from firing Bongino.
  • How Bongino’s it’s either end vaccine mandates or I quit ultimatum will play out.

Audacy’s WideOrbit Nothingburger

  • How Audacy’s purchase of WideOrbit effects other radio groups trusting their confidential metrics to WideOrbit.

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75% Digital at Townsquare

INSIDE …

iHeart, Audacy and Cumulus may have to make big changes

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Storage Wars Selling at Cumulus

An unorthodox fourth quarter fix to bolster sales.

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“Dave FM” Doesn’t Know “Jack”

A new format to compete against designed by and named for David Field.

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3rd Quarter Radio Revenue Leaked

  • Preview revenue numbers for the all-important third-quarter ahead of radio CEO spin.
  • A slight of hand to look for when radio groups announce their doctored and misleading third quarter revenue.
  • The 3rd Q local and national revenue trends in advance.
  • The clever decoys iHeart, Audacy and Cumulus will use to divert attention from declining businesses.

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The Pandemic Is Backfiring on Cumulus

INSIDE …

  • The creepiest return to face-to-face work perhaps ever with this ill-conceived management brain fart.
  • Cumulus anti-vaxxers are being fired yet some people are getting away with it.
  • Don’t look now but Spotify, a leading podcast distributor of misinformation, is putting on a management clinic for Mary Berner and weak radio CEOs.
  • Someone has actually figured out how to make money from podcasts – not Cumulus – it has to do with self-serve ads for hosts.

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Liberty Moves on from an iHeart Merger

  • What went down
  • iHeart’s change of heart
  • Insider trading of Bob Pittman
  • What’s next

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Programming Bungle at Audacy

INSIDE …

  • This is what Audacy has been reduced to as they get their clocks cleaned again.
  • How Audacy became Beasley’s bitch.
  • Documented – David Field’s personal decisions coming back to haunt Audacy. 
  • The one decision Field could have made (but didn’t) that would have guaranteed the success of the CBS merger that they botched and are paying for now.

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This Talk Show is Worth $60 million

INSIDE …

  • This new talk superstar attracts 100% women, an advertiser’s dream come true.
  • Why radio is getting it all wrong betting on right wing talk instead of the “right talk”.
  • The model for radio stations looking to break the old mold and attract younger listeners.
  • Mel Karmazin would hire someone like her (okay, not for $60 million, but he’d do it in a minute).

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Impressions Are Radio’s New Quarter Hour

INSIDE …

  • Wait for it -- Nielsen’s answer to impression selling. 
  • Do you know what “audio activation” is? – neither do most radio sellers. 
  • The best way to sell more national business is to be like TV – here’s their new-found secret.
  • How national advertisers view radio according to private surveys (advertisers like Allstate, P&G, Home Depot, Lowes, McDonald’s and others and not just their agencies).
  • On-air programming will change when impression selling kicks in.

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Audacy Talent: Stop the Steal Over Fees

INSIDE …

  • Did someone bully David Field in the schoolyard? Entercom/Audacy’s years-long obsession with cutting talent fees. 
  • The ugly terms of their latest move to force talent to work for less. 
  • The unintended consequences for advertisers (many who don’t even know that they may be funding Audacy’s Big Steal). 
  • Their salespeople are reportedly already leaving in droves – what about talent that advertisers prefer for endorsement ads?

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The Price of a Radio Station Is Now as Low as $44,000

INSIDE …

  • Imagine selling stations in the fastest growing city in a mega-populous state – what are they thinking?
  • No buyers, no problem – how group owners will use the new $44,000 low to unload more stations.
  • Giving it away is the new selling – the strategy debt-laden radio companies have concocted to get around the absence of interested buyers. 
  • The thing that’s suddenly more attractive than selling stations group owners no longer want.

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iHeart Increases Benefits as Audacy Cuts Them

INSIDE …

  • Audacy failed to direct deposit paychecks on time Friday scaring and inconveniencing employees.
  • The same day iHeart announced a long list of fabulous new benefits.
  • Audacy on-air talent becoming the resistance after another reduction of their fees.
  • iHeart is worried about losing employees to the “Great Radio Resignation” – here’s how Audacy is responding to fed up employees.

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