Current & Ex-CEOs Break Out Audacy, iHeart & Cumulus Revenue

  • Enough of the spin doctoring, I turned the big 3 radio group financials over to a truth squad made up of former and present top radio execs who know how to break out financials.
  • Then they broke out iHeart, Audacy and Cumulus profit in naked numbers with nothing to dress them up.
  • Which groups are actually performing as they say and which CEOs are acting like Pinocchio.

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Audacy Threatens Employees Who Bolt for Beasley

How the Nielsen Delisting “Blackmail” Succeeded

Winning Back Podcast Listeners

The Downsizing of iHeart Physical Stations

Chicago Sales Rebellion at Audacy

Audacy Threatens Employees Who Bolt for Beasley

  • How a demoted employee and jilted seller done wrong are now extracting payback.
  • Audacy retaliation: "if one more goes there, I am going to have to get legal involved, and possibly change the non-compete." 
  • How Beasley is successfully circumventing Audacy’s non-compete.

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How the Nielsen Delisting “Blackmail” Succeeded

Winning Back Podcast Listeners

The Downsizing of iHeart Physical Stations

Chicago Sales Rebellion at Audacy

Crazy Changes in Listening Habits

How the Nielsen Delisting “Blackmail” Succeeded

PREVIEW …

  • It’s been 2 years since Nielsen threatened to delist stations that did not subscribe to their ratings service – what followed turned out to be complicated.
  • Nothing dumber than an advertiser and their ad agency – how much they knew, when they knew it and the major things they continue to turn a blind eye to.
  • The radio group that did more to help Nielsen crack down on their competitors – thank them.
  • Horror story in Norfolk.

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Winning Back Podcast Listeners

The Downsizing of iHeart Physical Stations

Chicago Sales Rebellion at Audacy

Crazy Changes in Listening Habits

iHeart Stole Radio’s COVID Advertising

Winning Back Podcast Listeners

PREVIEW …

  • Listeners who listen to podcasts are possibly missing time spent listening to radio and while radio CEOs seem to have no problem driving listeners to podcasting, there are signs that the demos radio needs most are defecting.
  • What podcast spoken word listeners want to spend more time listening to radio again.
  • Flip the script – the anti-podcast strategy that builds audience on music stations even for young audiences.
  • Evidence that this strategy of winning back podcast listeners will work.

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The Downsizing of iHeart Physical Stations

Chicago Sales Rebellion at Audacy

Crazy Changes in Listening Habits

iHeart Stole Radio’s COVID Advertising

Facebook is Having Its Radio Moment

The Downsizing of iHeart Physical Stations

PREVIEW …

  • Their blueprint for smaller radio stations.
  • Often radio CEOs like David Field and Bob Pittman move to redevelopment areas that are not always convenient for employees selling it as investing in local communities – here’s their real reason.
  • What’s next in downsizing actual station floorplans.
  • But they have a problem – sales and like it or not, here’s the solution coming to a market near you.

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Chicago Sales Rebellion at Audacy

Crazy Changes in Listening Habits

iHeart Stole Radio’s COVID Advertising

Facebook is Having Its Radio Moment

Radios Rogan/Spotify Fallout

Chicago Sales Rebellion at Audacy

PREVIEW …

  • In the past week Audacy lost more key sellers in Chicago and Detroit – why is this still happening and what’s the plan to stop it.
  • How bad is it? The eye-popping exodus toll – don’t even try to guess, you’re too low – the complete list.
  • Yes, the much-ridiculed Audacy sales compensation package isn’t helping but it’s something entirely different that is increasing the exodus.
  • And the question everyone wants answered is how are Audacy regional VPs keeping their jobs while revenue tanks needlessly.

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Crazy Changes in Listening Habits

iHeart Stole Radio’s COVID Advertising

Facebook is Having Its Radio Moment

Radios Rogan/Spotify Fallout

Nielsen Overestimates Streaming by 4x AQH

Crazy Changes in Listening Habits

PREVIEW …

  • The changes to talk radio listening habits.
  • Changes in the way they consume music.
  • The significant disruption presently underway.
  • Why radio should be concerned about the coming fan-to-fan trend.

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iHeart Stole Radio’s COVID Advertising

Facebook is Having Its Radio Moment

Radios Rogan/Spotify Fallout

Nielsen Overestimates Streaming by 4x AQH

My NYU Students’ Advice for Radio

iHeart Stole Radio’s COVID Advertising

INSIDE …

  • Passing over stations with far higher audiences because of iHeart’s 3 promises.
  • How iHeart won the majority of COVID ad money.
  • The iHeart ad pitch that the feds fell for.

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Facebook is Having Its Radio Moment

Radios Rogan/Spotify Fallout

Nielsen Overestimates Streaming by 4x AQH

My NYU Students’ Advice for Radio

What Ratings Execs Advise Privately About Floating Clocks

Facebook is Having Its Radio Moment

Inside:  Facebook is radio and Pittman is Zuckerberg – the first one to learn these lessons gets to survive.

  • The true disruption that is bubbling under
  • The Facebook mistakes radio does not want to make
  • How not to turn a company around
  • Warning for radio from Facebook
  • When mature businesses get attacked by new ones

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Radios Rogan/Spotify Fallout

Nielsen Overestimates Streaming by 4x AQH

My NYU Students’ Advice for Radio

What Ratings Execs Advise Privately About Floating Clocks

NAB Threatens Less Airplay for Licensed Music

Radios Rogan/Spotify Fallout

INSIDE …

  • The most vulnerable radio groups
  • The potential effect on right-wing talk radio
  • Free speech or censorship?
  • The real damage to Spotify
  • The unexpected consequences for radio and labels

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Nielsen Overestimates Streaming by 4x AQH

My NYU Students’ Advice for Radio

What Ratings Execs Advise Privately About Floating Clocks

NAB Threatens Less Airplay for Licensed Music

Audacy Looking to Shakeup CBS All-News

Nielsen Overestimates Streaming by 4x AQH

INSIDE …

  • The contentious relationship between Nielsen and its radio clients is about to get more complicated with news that their methodology is inflating streaming ratings and exposing terrestrial owners to cheap tricks by advertisers to get a lower rate.
  • The reason for the streaming overcount that has just been discovered.
  • The adverse effect on terrestrial listening.
  • Why TV clients are getting their issues fixed but Nielsen ignores radio.
  • How advertisers can use streaming overcount to get lower rates.

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My NYU Students’ Advice for Radio

What Ratings Execs Advise Privately About Floating Clocks

NAB Threatens Less Airplay for Licensed Music

Audacy Looking to Shakeup CBS All-News

Amateur Hour at Audacy

My NYU Students’ Advice for Radio

INSIDE …

  • They’re young, but I’ve learned from my time as a professor at USC and NYU to listen because they are more often right then wrong in spite of whether we want to hear it – they’re fresh off a class on media and record label consolidation.
  • Changing attitudes about commercials.     
  • The popularity of podcasting among the young. 
  • A red flag warning for TikTok that could present an opportunity.
  • What it would take to win young listeners back to radio

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What Ratings Execs Advise Privately About Floating Clocks

NAB Threatens Less Airplay for Licensed Music

Audacy Looking to Shakeup CBS All-News

Amateur Hour at Audacy

Nielsen’s Supply Chain Excuse

What Ratings Execs Advise Privately About Floating Clocks

INSIDE …

  • Which radio groups are turning to floating clocks.
  • The group that does 50-60 spots over two hours.
  • What happened when this one radio group tried to reign in commercials.
  • The best times to get the best results.

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NAB Threatens Less Airplay for Licensed Music

Audacy Looking to Shakeup CBS All-News

Amateur Hour at Audacy

Nielsen’s Supply Chain Excuse

Townsquare’s Big Surprise

NAB Threatens Less Airplay for Licensed Music

INSIDE …

  • How the NAB is using music radio as bait against the American Music Fairness Act.
  • Radio’s fear factor from Irving Azoff’s brutal beating on artists rights this week – his playbook.
  • Who is doing more to hurt local radio than the prospect of performance rights fees.
  • Will radio’s ability to pay salaries, utility bills and cover local news be hurt by paying artists.

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Audacy Looking to Shakeup CBS All-News

Amateur Hour at Audacy

Nielsen’s Supply Chain Excuse

Townsquare’s Big Surprise

Investors Fear an Audacy Meltdown

Audacy Looking to Shakeup CBS All-News

INSIDE …

  • The new direction.
  • Changes that have already been made on some of their all-newsers.
  • Changes being tested with a sampling of early results.

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Amateur Hour at Audacy

Nielsen’s Supply Chain Excuse

Townsquare’s Big Surprise

Investors Fear an Audacy Meltdown

First Group to 20+ Spots Per Hour

Amateur Hour at Audacy

INSIDE …

  • The real reason behind David Field’s all-news management shakeup.
  • How stealing a public radio exec could blow up in his face.
  • Audacy’s bungling of the cash-rich all-news format – documented from inside accounts.
  • Will Field pull the trigger on looming all-news consolidation?

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Nielsen’s Supply Chain Excuse

Townsquare’s Big Surprise

Investors Fear an Audacy Meltdown

First Group to 20+ Spots Per Hour

Spotify Blinks

Nielsen’s Supply Chain Excuse

INSIDE …

  • The issue of rebates to radio station clients
  • Misleading radio (at their station expense)
  • The way Nielsen is changing the way it does business 
  • The NPR Nielsen answer

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Townsquare’s Big Surprise

Investors Fear an Audacy Meltdown

First Group to 20+ Spots Per Hour

Spotify Blinks

Desperate Radio CEOs Buy Favorable Ratings

Townsquare’s Big Surprise

INSIDE …

  • TRUTH SERUM: Is Townsquare buying more stations or not?
  • A MINI-iHEART? -- Private stuff going at their stations while they build out digital first
  • ERIK HELLUM – Why hasn’t iHeart recruited this guy?
  • NO LAYOFFS – Can that be? A closer look at Townsquare’s hiring and firing.

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Investors Fear an Audacy Meltdown

First Group to 20+ Spots Per Hour

Spotify Blinks

Desperate Radio CEOs Buy Favorable Ratings

Audacy’s Hiring Problem

Investors Fear an Audacy Meltdown

INSIDE …

  • The scary numbers investors are worrying about
  • The reasons such good stations are doing so poorly
  • Then there’s what’s happening at Kansas City and St. Louis
  • The next few weeks

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First Group to 20+ Spots Per Hour

Spotify Blinks

Desperate Radio CEOs Buy Favorable Ratings

Audacy’s Hiring Problem

iHeart Foreign Sale Still on the Table