Read the full article now   

Forward to a friend

Report Newstips here

Previously: Could Audacy’s Board Do a Disney CEO Firing? … Audacy & Beasley Destroy their Vegas Station Swap … Radio’s Role in Taylor Swift’s Success … A Recession Would Trip Radio Layoffs … Shakeup in Station Management … Townsquare Distances Itself from Radio… Audacy Burning Cash and Adding Debt … Saga’s Hidden Problems … What Now for Audacy … iHeart Stalling Another Bankruptcy … Preview of Tomorrow’s Audacy Revenue Reveal …

You may also like: Radio Groups Drowning in Debt … iHeart Targeting Audacy … “Commercial-Free” Hours Killing Morning Shows … Cumulus Masquerading 3^rd Quarter Fail … Scott Shannon’s Forced Retirement … The Future of Free Radio … Attitudes About Radio Are Changing … Radio Pressured to Sell Podcasting Ads … Audacy Ignoring Their Debt Problem …Beasley Botches Their Own Layoffs

Journalism is printing what someone else does not want printed.  Everything else is just public relations --  George Orwell

• The boards of Audacy and Cumulus would be wise to note the recent proactive move of the Disney Board firing CEO Bob Chapek and rehiring retired icon Bob Iger.
• How this could affect their likely bankruptcy.
• Audacy’s version of a ‘Bob Iger replacement’ for David Field.
• But wait, the issue of Audacy’s board of directors.

Read the full article now   

Forward to a friend

Report Newstips here

Previously: A Beasley Bankruptcy to Watch … Audacy & Beasley Destroy their Vegas Station Swap … Radio’s Role in Taylor Swift’s Success … A Recession Would Trip Radio Layoffs … Shakeup in Station Management …Townsquare Distances Itself from Radio… Audacy Burning Cash and Adding Debt … Saga’s Hidden Problems … What Now for Audacy … iHeart Stalling Another Bankruptcy … Preview of Tomorrow’s Audacy Revenue Reveal

Journalism is printing what someone else does not want printed.  Everything else is just public relations --  George Orwell

• The Beasley shortcoming that Wall Street worries about most.
• Drastic cutbacks of high performing talent.
• Concerns about burning through cash.
• A far flung but possible solution with another company.

Read the full article now   

Forward to a friend

Report Newstips here

Previously: Audacy & Beasley Destroy their Vegas Station Swap … Radio’s Role in Taylor Swift’s Success … A Recession Would Trip Radio Layoffs … Shakeup in Station Management … Townsquare Distances Itself from Radio… Audacy Burning Cash and Adding Debt … Saga’s Hidden Problems … What Now for Audacy … iHeart Stalling Another Bankruptcy … Preview of Tomorrow’s Audacy Revenue Reveal … iHeart Targeting Audacy

Journalism is printing what someone else does not want printed.  Everything else is just public relations --  George Orwell

• Their “shotgun marriage” just got worse.
• Details on advertisers getting screwed before the transfer.
• What’s the big rush?
• iHeart’s role in all of this, yes iHeart!

Read the full article now   

Forward to a friend

Join my witness protection program -- report Newstips here

Previously: Radio’s Role in Taylor Swift’s Success … A Recession Would Trip Radio Layoffs … Shakeup in Station Management … Townsquare Distances Itself from Radio… Audacy Burning Cash and Adding Debt … Saga’s Hidden Problems … What Now for Audacy … iHeart Stalling Another Bankruptcy … Preview of Tomorrow’s Audacy Revenue Reveal … iHeart Targeting Audacy … “Commercial-Free” Hours Killing Morning Shows 

Journalism is printing what someone else does not want printed.  Everything else is just public relations --  George Orwell

• Look only to the pandemic which was used as an excuse by radio consolidators to reduce their work forces for guidance on what will happen if a recession actually occurs.
• The reason the big 3 consolidators would actually welcome a recession.
• Revised bankruptcy dates for struggling consolidators (and why).
• The type of radio station that will breeze through any economic downturn.

Read the full article now   

Forward to a friend

Join my witness protection program -- report Newstips here

Previously: Shakeup in Station Management … Townsquare Distances Itself from Radio… Audacy Burning Cash and Adding Debt … Saga’s Hidden Problems … What Now for Audacy … iHeart Stalling Another Bankruptcy … Preview of Tomorrow’s Audacy Revenue Reveal … iHeart Targeting Audacy … “Commercial-Free” Hours Killing Morning Shows… Cumulus Masquerading 3^rd Quarter Fail … Scott Shannon’s Forced Retirement

Journalism is printing what someone else does not want printed.  Everything else is just public relations --  George Orwell

• Over indebtedness and failure to monetize scaled down on-air content are responsible for a virtual collapse of radio monopolies as growth businesses.
• The on-air content they are moving toward.
• A new twist on out of market management.
• And yes, they’re going there – sales shakeup in advance of the recession.

Read the full article now   

Forward to a friend

Report Newstips here

Previously: Townsquare Distances Itself from Radio… Audacy Burning Cash and Adding Debt … Saga’s Hidden Problems … What Now for Audacy … iHeart Stalling Another Bankruptcy … Preview of Tomorrow’s Audacy Revenue Reveal … iHeart Targeting Audacy … “Commercial-Free” Hours Killing Morning Shows… Cumulus Masquerading 3^rd Quarter Fail … Scott Shannon’s Forced Retirement … The Future of Free Radio

Journalism is printing what someone else does not want printed.  Everything else is just public relations --  George Orwell

• What happens to digital-first Townsquare if big tech implodes.
• The future of their “mature cash cow” radio operation.
• What we’re hearing about another Townsquare acquisition.
• Beasley and Audacy are ferociously cutting jobs, what about Townsquare?

Read the full article now   

Forward to a friend

Report Newstips here

Previously: Audacy Burning Cash and Adding Debt … Saga’s Hidden Problems … What Now for Audacy … iHeart Stalling Another Bankruptcy … Preview of Tomorrow’s Audacy Revenue Reveal … iHeart Targeting Audacy… “Commercial-Free” Hours Killing Morning Shows… Cumulus Masquerading 3^rd Quarter Fail … Scott Shannon’s Forced Retirement … The Future of Free Radio … Attitudes About Radio Are Changing

Journalism is printing what someone else does not want printed.  Everything else is just public relations --  George Orwell

• The Third Quarter stats Audacy is hiding
• Their current liquidity situation
• The messy, painful months ahead
• Can this company be saved?

Read the full article now   

Forward to a friend

Report Newstips here

Previously: Saga’s Hidden Problems … What Now for Audacy … iHeart Stalling Another Bankruptcy … Preview of Tomorrow’s Audacy Revenue Reveal … iHeart Targeting Audacy … “Commercial-Free” Hours Killing Morning Shows… Cumulus Masquerading 3^rd Quarter Fail … Scott Shannon’s Forced Retirement … The Future of Free Radio … Attitudes About Radio Are Changing … Radio Pressured to Sell Podcasting Ads

Journalism is printing what someone else does not want printed.  Everything else is just public relations --  George Orwell

• Ed Christian’s succession plan
• Is a management shakeup imminent?
• The prospects for selling the company
• Saga warning: What happened to the Maytag repairman

Read the full article now   

Forward to a friend

Report Newstips here

Previously: What Now for Audacy … iHeart Stalling Another Bankruptcy … Preview of Tomorrow’s Audacy Revenue Reveal … iHeart Targeting Audacy … “Commercial-Free” Hours Killing Morning Shows… Cumulus Masquerading 3^rd Quarter Fail … Scott Shannon’s Forced Retirement … The Future of Free Radio … Attitudes About Radio Are Changing … Radio Pressured to Sell Podcasting Ads … Audacy Ignoring Their Debt Problem

Journalism is printing what someone else does not want printed.  Everything else is just public relations --  George Orwell

• Station sales, delisting, refinancing and bankruptcy
• Straight talk about RIFs
• Major assets that will likely have to be sold
• Maybe another name change?

Read the full article now   

Forward to a friend

Join my witness protection program -- report Newstips here

Previously: iHeart Stalling Another Bankruptcy … Preview of Tomorrow’s Audacy Revenue Reveal … iHeart targeting Audacy … “Commercial-Free” Hours Killing Morning Shows… Cumulus Masquerading 3^rd Quarter Fail… Scott Shannon’s Forced Retirement … The Future of Free Radio … Attitudes About Radio Are Changing … Radio Pressured to Sell Podcasting Ads … Audacy Ignoring Their Debt Problem … Beasley Botches Their Own Layoffs

Journalism is printing what someone else does not want printed.  Everything else is just public relations --  George Orwell

• The best bet on when the next restructuring will come.
• Which competitors iHeart is hurting most just to break even.
• Their way of raising executive compensation while eliminating other jobs --- confirmed.
• 3 questionable trouble areas to watch.

Read the full article now   

Forward to a friend

Join my witness protection program -- report Newstips here

Previously: Preview of Tomorrow’s Audacy Revenue Reveal … iHeart targeting Audacy … “Commercial-Free” Hours Killing Morning Shows… Cumulus Masquerading 3^rd Quarter Fail … Scott Shannon’s Forced Retirement … The Future of Free Radio … Attitudes About Radio Are Changing … Radio Pressured to Sell Podcasting Ads … Audacy Ignoring Their Debt Problem … Beasley Botches Their Own Layoffs … Radio’s Attention Span Problem

Journalism is printing what someone else does not want printed.  Everything else is just public relations --  George Orwell

• By the end of the day tomorrow, the country may not know who won the mid-term elections, but they will know Audacy is out of options to survive as a going concern.
• What’s going on the block to pay debt.
• An expected signal for lenders from their CFO Richard Schmaeling – decoded.
• On the DEFCON scale, Audacy’s condition for readiness to survive.

Read the full article now   

Forward to a friend

Report Newstips here

Previously: Radio Groups Drowning in Debt … iHeart Targeting Audacy … “Commercial-Free” Hours Killing Morning Shows… Cumulus Masquerading 3^rd Quarter Fail … Scott Shannon’s Forced Retirement … The Future of Free Radio … Attitudes About Radio Are Changing … Radio Pressured to Sell Podcasting Ads … Audacy Ignoring Their Debt Problem … Beasley Botches Their Own Layoffs … Radio’s Attention Span Problem

Journalism is printing what someone else does not want printed.  Everything else is just public relations --  George Orwell

• It’s been just a week since the first of the 3^rd quarter radio financial results have been released and early indications are that the major consolidators are so losing the debt battle that their operations promise to change as soon as next year.
• The real debt numbers, not sugar-coated
• What to keep an eye on
• Pencil these desperation moves in for early 2023

Read the full article now   

Forward to a friend

Report Newstips here

Previously: iHeart targeting Audacy … “Commercial-Free” Hours Killing Morning Shows… Cumulus Masquerading 3^rd Quarter Fail … Scott Shannon’s Forced Retirement … The Future of Free Radio … Attitudes About Radio Are Changing … Radio Pressured to Sell Podcasting Ads … Audacy Ignoring Their Debt Problem … Beasley Botches Their Own Layoffs … Radio’s Attention Span Problem … Digital Dimes Killing Terrestrial Revenue 

Journalism is printing what someone else does not want printed.  Everything else is just public relations --  George Orwell

• iHeart is now moving to weaken its largest competitor Audacy by going after the sports rights franchises they now dominate, continuing to pressure ad prices where they compete and possibly steal their talent. 

• Their predatory tactics to take down Audacy 

• How their main growth is now coming from hurting competitors 

• The dirtiest trick of all that could humiliate Audacy

 Read the full article now   

Forward to a friend

Report Newstips here

Previously: “Commercial-Free” Hours Killing Morning Shows… Cumulus Masquerading 3^rd Quarter Fail … Scott Shannon’s Forced Retirement … The Future of Free Radio … Attitudes About Radio Are Changing … Radio Pressured to Sell Podcasting Ads … Audacy Ignoring Their Debt Problem … Beasley Botches Their Own Layoffs … Radio’s Attention Span Problem … Digital Dimes Killing Terrestrial Revenue … Beasley Headed Towards Bankruptcy

Journalism is printing what someone else does not want printed.  Everything else is just public relations --  George Orwell

• After workarounds designed to bury huge commercial loads, stations are finding that sacrificing some of the morning show for a commercial blitz to make other hours commercial free is provoking some unintended consequences.
• Audacy got themselves into trouble with this – here’s the research.
• iHeart’s even more radical approach.
• But here’s what the audience wants. 

Read the full article now   

Forward to a friend

Report Newstips here

Previously: Cumulus Masquerading 3^rd Quarter Fail … Scott Shannon’s Forced Retirement … The Future of Free Radio … Attitudes About Radio Are Changing … Radio Pressured to Sell Podcasting Ads … Audacy Ignoring Their Debt Problem … Beasley Botches Their Own Layoffs … Radio’s Attention Span Problem … Digital Dimes Killing Terrestrial Revenue … Beasley Headed Towards Bankruptcy … The Other Audacy/Beasley Deal

Journalism is printing what someone else does not want printed.  Everything else is just public relations --  George Orwell