Monthly Archives: December 2022

Wednesday, December 21, 2022

Consolidator to Cut Sales Commissions

  • Oh no, retroactive commission cuts
  • How it will eventually spread to other stations and groups
  • We do the math

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Previously: Ch-ch-changes Ahead for Radio … Bongino Exit Only the Beginning … Music Tax Compromise May be Near … A Threat Even Bigger Than No Car Radio … Cumulus Scrambles to Sell More Assets … Cash Infusion Deals Exposed … Not So Fast on No Saga Sale … AQH Erodes As Listener Demands are Ignored … Taylor Swift Fans Go After Ticketmaster … Financial Troubles at SiriusXM …

You may also like: 5 Warning Signs at Audacy … Feds Nail iHeart for Fake Ads … Townsquare’s Next Head Fake… Amazon’s Commercial Free Podcast Blitz … Only 2 Radio Groups are Profitable … iHeart Deal Buzz … 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

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

Tuesday, December 20, 2022

Ch-Ch-Changes Ahead for Radio

  • Emerging problems bigger than the recession
  • The worst months for layoffs (ranked in order by Bureau of Labor)
  • Specific ways radio will morph next year

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Previously: Bongino Exit Only the Beginning … Music Tax Compromise May be Near … A Threat Even Bigger Than No Car Radio … Cumulus Scrambles to Sell More Assets … Cash Infusion Deals Exposed … Not So Fast on No Saga Sale … AQH Erodes As Listener Demands are Ignored … Taylor Swift Fans Go After Ticketmaster … Financial Troubles at SiriusXM … 5 Warning Signs at Audacy …

You may also like: Feds Nail iHeart for Fake Ads … Townsquare’s Next Head Fake … Amazon’s Commercial Free Podcast Blitz … Only 2 Radio Groups are Profitable … iHeart Deal Buzz … 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 …

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

Monday, December 19, 2022

Bongino Exit Only the Beginning

  • Why? After years of searching, Mary Berner has found a replacement for conservative talk radio.
  • But wait, how it will also kill conservative talk radio.

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Previously: Music Tax Compromise May be Near … A Threat Even Bigger Than No Car Radio … Cumulus Scrambles to Sell More Assets … Cash Infusion Deals Exposed … Not So Fast on No Saga Sale … AQH Erodes As Listener Demands are Ignored … Taylor Swift Fans Go After Ticketmaster … Financial Troubles at SiriusXM … 5 Warning Signs at Audacy … Feds Nail iHeart for Fake Ads … 

You may also like: Townsquare’s Next Head Fake … Only 2 Radio Groups are Profitable … iHeart Deal Buzz … 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

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

Friday, December 16, 2022

Music Tax Compromise May Be Near

  • Two very good reasons why both sides are in the mood to compromise to do a deal.
  • Even the NAB is caving and the music industry has a big reason to settle things now.

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Previously: A Threat Even Bigger Than No Car Radio … Cumulus Scrambles to Sell More Assets … Cash Infusion Deals Exposed … Not So Fast on No Saga Sale … AQH Erodes As Listener Demands are Ignored … Taylor Swift Fans Go After Ticketmaster … Financial Troubles at SiriusXM … 5 Warning Signs at Audacy … Feds Nail iHeart for Fake Ads … Townsquare’s Next Head Fake … Amazon’s Commercial Free Podcast Blitz … Only 2 Radio Groups are Profitable …

You may also like: … iHeart Deal Buzz … 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

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

Thursday, December 15, 2022

A Threat Even Bigger Than No Car Radio

  • The solution could be worse than the problem.
  • The real reason manufacturers are pushing radio out of the entertainment center and it’s not just AM interference in electric cars.

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Previously: Cumulus Scrambles to Sell More Assets … Cash Infusion Deals Exposed … Not So Fast on No Saga Sale … AQH Erodes As Listener Demands are Ignored … Taylor Swift Fans Go After Ticketmaster … Financial Troubles at SiriusXM … 5 Warning Signs at Audacy … Feds Nail iHeart for Fake Ads … Townsquare’s Next Head Fake … Amazon’s Commercial Free Podcast Blitz … Only 2 Radio Groups are Profitable … iHeart Deal Buzz …

You may also like: 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

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

Wednesday, December 14, 2022

Cumulus Scrambles to Sell More Assets

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Previously: Cash Infusion Deals Exposed … Not So Fast on No Saga Sale … AQH Erodes As Listener Demands are Ignored … Taylor Swift Fans Go After Ticketmaster … Financial Troubles at SiriusXM … 5 Warning Signs at Audacy … Feds Nail iHeart for Fake Ads … Townsquare’s Next Head Fake … Amazon’s Commercial Free Podcast Blitz … Only 2 Radio Groups are Profitable … iHeart Deal Buzz …

You may also like: 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

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

Tuesday, December 13, 2022

Cash Infusion Deals Exposed

  • Cumulus is far and away the number one perpetrator of selling radio ads to third parties to gain immediate cash while driving down ad rates – now other groups are catching on.

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Previously: Not So Fast on No Saga Sale … AQH Erodes As Listener Demands are Ignored … Taylor Swift Fans Go After Ticketmaster … Financial Troubles at SiriusXM … 5 Warning Signs at Audacy … Feds Nail iHeart for Fake Ads … Townsquare’s Next Head Fake … Amazon’s Commercial Free Podcast Blitz … Only 2 Radio Groups are Profitable … iHeart Deal Buzz … Could Audacy’s Board Do a Disney CEO Firing? …

You may also like: 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

Monday, December 12, 2022

Not So Fast on No Saga Sale

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Previously: AQH Erodes As Listener Demands are Ignored … Taylor Swift Fans Go After Ticketmaster … Financial Troubles at SiriusXM … 5 Warning Signs at Audacy … Feds Nail iHeart for Fake Ads … Townsquare’s Next Head Fake … Amazon’s Commercial Free Podcast Blitz … Only 2 Radio Groups are Profitable … iHeart Deal Buzz …Could Audacy’s Board Do a Disney CEO Firing? … Audacy & Beasley Destroy their Vegas Station Swap …

You may also like: 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 … Radio Groups Drowning in Debt

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

Friday, December 9, 2022

AQH Erodes as Listener Demands Are Ignored

  • Listening has been eroding for years during consolidation due to content decisions made by lenders and hedge funds more interested in cutting costs than attracting new listeners – turns out listeners want something very different.
  • Here’s what they have to say about firing Scott Shannon.
  • If you have to run commercials, here’s what goes over best.
  • How do you play more variety when Nielsen rewards you for playing the more familiar hits?

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Previously: Taylor Swift Fans Go After Ticketmaster … Financial Troubles at SiriusXM … 5 Warning Signs at Audacy … Feds Nail iHeart for Fake Ads … Townsquare’s Next Head Fake … Amazon’s Commercial Free Podcast Blitz … Only 2 Radio Groups are Profitable … iHeart Deal Buzz … Could Audacy’s Board Do a Disney CEO Firing? … Audacy & Beasley Destroy their Vegas Station Swap … Radio’s Role in Taylor Swift’s Success …

You may also like: 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 … Radio Groups Drowning in Debt … iHeart Targeting Audacy …

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

Thursday, December 8, 2022

Taylor Swift Fans Go After Ticketmaster

  • Taylor Swift’s fans are going after Ticketmaster for their part in high fees, cancellations and other outrages in the sale of tickets for her upcoming tour Eras.
  • How consumers are joining to fix the inequities caused by lack of government oversight.
  • The Randy Michaels/Lowry Mays prequel to today’s consumer revolt.
  • Why radio may see revolts like this from disgusted audiences.

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Previously: Financial Troubles at SiriusXM … 5 Warning Signs at Audacy … Feds Nail iHeart for Fake Ads … Townsquare’s Next Head Fake … Amazon’s Commercial Free Podcast Blitz … Only 2 Radio Groups are Profitable… iHeart Deal Buzz … 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 …

You may also like: 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 … Radio Groups Drowning in Debt … 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

Wednesday, December 7, 2022

Financial Troubles at SiriusXM

  • Financial troubles based on declining auto sales, a main component of the satellite network’s growth is spurring layoffs that will become evident over the next few weeks.
  • What went wrong with the satellite monopoly that was supposed to be the next great thing in radio – remember? AM, FM and that’s how the name XM was born.
  • But wait: In these ways, satellite is dragging down terrestrial radio, too.
  • And the behind-the-scenes greedy tricks coming from auto manufacturers that threaten satellite and even terrestrial radio.

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Previously: 5 Warning Signs at Audacy … Feds Nail iHeart for Fake Ads … Townsquare’s Next Head Fake … Amazon’s Commercial Free Podcast Blitz … Only 2 Radio Groups are Profitable … iHeart Deal Buzz … 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 …

You may also like: 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 … Radio Groups Drowning in Debt … iHeart Targeting Audacy … “Commercial-Free” Hours Killing Morning Shows … Cumulus Masquerading 3rd Quarter Fail

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

Tuesday, December 6, 2022

5 Warning Signs at Audacy

  • On its way to a likely bankruptcy possibly next year, Audacy is exhibiting 5 dangerous signs that could make the company even more volatile.
  • They’re on the clock toward bankruptcy – what they will do to forestall it.
  • Wait, wait – have you checked their operating cash?
  • Surprise: who owns the most of this declining company’s shares.

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Previously: Feds Nail iHeart for Fake Ads … Townsquare’s Next Head Fake … Amazon’s Commercial Free Podcast Blitz … Only 2 Radio Groups are Profitable … iHeart Deal Buzz … 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…

You may also like: 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 … Radio Groups Drowning in Debt … iHeart Targeting Audacy … “Commercial-Free” Hours Killing Morning Shows … Cumulus Masquerading 3rd 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

Monday, December 5, 2022

Feds Nail iHeart for Fake Ads

  • Six states and the Federal Trade Commission announced a settlement with iHeart and Google for their part into a deceptive ad campaign that featured false endorsements of the Google Pixel 4 smartphone.
  • What iHeart did that was so bad that they are on a 10-year FTC probation.
  • iHeart’s efforts to cover up the story and the huge fine.
  • How they put radio personalities in a position to lie or get fired.

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Previously: Townsquare’s Next Head Fake … Amazon’s Commercial Free Podcast Blitz … Only 2 Radio Groups are Profitable … iHeart Deal Buzz … 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 …

You may also like: Saga’s Hidden Problems … What Now for Audacy … iHeart Stalling Another Bankruptcy … Preview of Tomorrow’s Audacy Revenue Reveal … Radio Groups Drowning in Debt … iHeart Targeting Audacy… “Commercial-Free” Hours Killing Morning Shows … Cumulus Masquerading 3rd 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

Friday, December 2, 2022

Townsquare’s Next Head Fake

  • Townsquare expects no growth in broadcast -- actually a decline (ex-political) in the out years which is driving their move to consider radio a mature cash cow income source – growth will come from digital.
  • Are you SURE they are not a radio company?
  • A clinic for Audacy and iHeart on managing debt.
  • Next year will be very different.

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Previously: Amazon’s Commercial Free Podcast Blitz … Only 2 Radio Groups are Profitable … iHeart Deal Buzz… 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 …

You may also like: What Now for Audacy … iHeart Stalling Another Bankruptcy … Preview of Tomorrow’s Audacy Revenue Reveal … Radio Groups Drowning in Debt … iHeart Targeting Audacy … “Commercial-Free” Hours Killing Morning Shows … Cumulus Masquerading 3rd 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