The New Saga

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  • The first efforts of post-Ed Christian Saga.
  • How “old school” Saga plans changes.
  • The catalyst for reinventing the radio group.
  • What 2 things have deteriorated 50% prompting a new way forward.

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The Good News for Radio

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  • What’s next after current owners exit the industry.
  • The Airbnb ownership model for radio.
  • The exact right moment to buy a well-discounted radio station.
  • One giant red flag:  make this mistake and kiss your investment money goodbye.
  • The effect the digital age will have on buying linear radio stations.

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Beasley’s Bankruptcy Rehearsal

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  • What to expect when you’re expecting Beasley to be the next bankrupt radio group.
  • How they are going to handle content creators and managers.
  • Details of their plan to resuscitate the company.
  • Which one big mistake caused all their trouble.
  • What would George Beasley do?

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What’s Holding Up Audacy

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  • The reason for trying to delay approving Audacy’s bankruptcy.
  • How one competitor is rubbing Audacy’s face in their troubles and making money from it.
  • The end of all-news on WCBS-AM -- a one-off or canary in the coal mine.
  • The non-political Soros plan for Audacy.
  • Who is trying to screw over Audacy’s urgent emergence from bankruptcy.

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iHeart’s 2nd Bankruptcy Bombshell

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  • What major move iHeart has up their sleeve to survive the company’s growing and untenable debt.
  • More layoffs, but even that’s not the big bang they’re planning.
  • Wall Street whispers of how iHeart is about to go dog eat dog.
  • Bloomberg: how iHeart will  “profit from the mayhem”.
  • What it means to their radio business.

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PUBLISHING NOTE:  Cheryl and I are going to take a few days off to recharge our batteries before NYU resumes classes in a few weeks and the music/media space heats up once again. This seems like a good time.  Thanks for being part of our group that cares about radio, media and the music industry.  See you in a few days --  Monday August 26.

What Happened to Townsquare’s “Digital First”

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  • Why Townsquare’s best-in-class digital operation has hit the wall.
  • What it means for competitors still going whole hog into digital selling.
  • Is the fall off in radio’s digital sales long-term or temporary?
  • The revised strategy for taking on Meta, Google, local newspaper’s digital offerings as well as those of Yellow Pages.
  • Before spending another dime on digital, study Townsquare’s emerging situation.

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The Repurposing of AM Radio

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  • Is the shutdown of WCBS-AM predictive of the future.
  • What they’re thinking when owners hand over a station to a competitor in the same format who could erode ratings and hurt billing (WCBS-AM to ESPN).
  • What’s ahead for owners unable to sell their AM stations.
  • What other AM stations could be next.
  • Is EMF now going to be a player in renting from desperate owners?

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Playing Politics with Audacy Bankruptcy

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  • What’s behind Senator Ted Cruz’ threats to blow up the FCC’s Audacy bankruptcy approval.
  • A major radio CEO’s possible involvement in this delay/derail tactic.
  • The money trail leading to Cruz.
  • How will this affect the FCC’s final approval of Audacy’s emergence from bankruptcy?

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Radio’s Unexpected Digital Meltdown

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  • The best radio digital operation has hit the wall – the evidence.
  • What this could mean to groups relying on digital to cover spot revenue losses.
  • How some groups are distorting digital buys to up their only growth category.
  • Without digital growth there is one serious alternative left.
  • Beware of the “bonus” from hell.

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2nd Cumulus Bankruptcy Delayed

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  • The lifeline call that temporarily saved it from the brink.
  • What just about guarantees a second bankruptcy.
  • Why this is the worst of times for employees but the best for management.
  • Is Cumulus waiting to be rescued by Soros?

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Changing Satellite Radio

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  • Why satellite radio is headed for a radical restart.
  • How they will deal with continued subscription erosion.
  • What stays, what goes and what’s next.
  • How did the next generation of radio lose the next generation that will now decide their future.

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The Soros Plan to Change Audacy

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  • Why the $28 billion Soros Fund is interested in taking over a tiny $500,000 media market cap company.
  • The likely way they scale up Audacy to get bigger – what we’re hearing.
  • What they’re going to do with David Field, the CEO who presided over the Audacy financial disaster – it’s becoming quite apparent.
  • How they will put the failed CBS merger behind them.

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2nd Tier Radio Groups on the Skids

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  • Next up after Audacy emerges from bankruptcy.
  • The ones safe – for now.
  • The radio groups that will defy bankruptcy -- no question.
  • BUT trouble still lingers for the big consolidators – which one has just started negotiating their second bankruptcy already.

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