Bob Pittman and Rich Bressler have been making a lot of major moves as they are haunted by nearly $21 billion in consolidated debt.
But a lot of stuff has been leaking out lately about what they have planned next and since I really couldn't care less if I get invited to the next iHeartRadio Las Vegas conference with a hooker and a line of coke, I’m ready to tell all.
If you’ve been thinking about subscribing and would like to access this story, let me tell you what you will get.
- A massive staff reduction that was unthinkable even only one year ago.
- A consolidation of local physical studios and offices so radical that it will no longer feel like a radio station.
- Bob Pittman unplugged -- A major decision to look for that will radically change the future outlook for several hundred of their stations.
- The two things they deny are for sale are – one of which could be wiped off the books as early as 2015.
- This scary change in plans for Premiere and for their talk radio product.
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