Read the full article now    

• The trouble that’s brewing while Audacy waits for FCC approval of their bankruptcy plan.
• What could go wrong.
• If the bankruptcy isn’t approved by this date, all bets are off.
• The stumbling block to what usually is a fast process to exit bankruptcy.

Start a new subscription here

Read the full article now    

• Yes, they walked away from a return on investment that would have been worth the current total value of Cumulus – here’s how.
• The internal fighting that tried to stop the CEO and board chair from walking away from a huge pay day.
• Why they fought so hard to unload a money machine.
• And how their stock price would be double what it is today if not for this one crucial mistake.

Start a new subscription here

Read the full article now    

• The real reason Soros Foundation controlling Audacy worries almost everyone.
• Their big plans to roll up several radio groups – should competitors be worried?
• The prospect of Soros hiring a heavyweight radio executive to take over from David Field.
• Is the Soros strategy a build-and-run or stay-and-play?

Start a new subscription here

See you after Memorial Day –  And, as always, thanks for your support!

Read the full article now    

• Is it a signal that EMF is done buying commercial stations on the cheap?
• Financial troubles?
• The profitability of EMF stations in attracting donations.
• What this means for commercial broadcasters who only have EMF as a potential buyer.

Start a new subscription here

Read the full article now    

• Why market managers are increasingly being fired and eliminated while survivors are being forced to do what they know is wrong.
• Coming soon: private equity radio owner’s “better idea”.
• Outrageous duties now being forced upon market managers hampering their ability to maximize revenue.
• How this management shortfall is starting to trickle down to sales managers.
• An honest generic want ad for today’s market manager that is hard to argue with.

Start a new subscription here

Read the full article now    

• How Mary Berner ousted Lew Dickey to drive Cumulus into bankruptcy.
• The person to blame for putting Berner in as CEO where she has presided over a 70% decline in earnings.
• Future battles: a suitor looking to buy stock while it is so cheap.
• A potential hostile takeover.
• Where Soros comes in to Cumulus’ future.

Start a new subscription here

Read the full article now    

• Take out your calculator, based on the Cumulus and Audacy bankruptcies that proceeded Beasley, here’s what could extend their lifeline or abruptly throw them into bankruptcy sooner.
• The efficacy of a potential reverse stock split that they are considering,
• The one telltale move to watch for – when Beasley does this, no question they’re going down.
• How long before Beasley initiates another round of deep layoffs like last week.
• Why they are firing programming and content people above others.
• My calculation of “B” date (so far, we’ve called 3 radio bankruptcies scarily on target).

Start a new subscription here