Inside Music MediaJerry Del Colliano

It seems that almost daily we witness another miscalculation by the CEOs running the radio industry (into the ground).

And, another missed opportunity.

The New York Times Thursday reminded the business world that radio's largest consolidator, Clear Channel, has a critical cash flow issue. And the article deals with whether Lee & Bain should have spent $20 billion for the company in the first place.

Now I'm thinking that we have at least two tragedies here.

One, that so many talented people in many radio companies have been let go or compromised (more work than they can handle).

And the other is, the&hellip