Clear Channel Taking Gas In 2nd Quarter

It’s not nice to fire salespeople when you’re having trouble making budget.

Eye-popping info on just how bad things are getting at Clear Channel.

This is why Bob Pittman is sweating.

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  1. From sources close to Clear Channel, the real tracking as the second quarter ends.
  2. Why it is corporate that is letting Pittman down not the major markets.
  3. Some high level heads that will roll if this continues.
  4. The Clear Channel competitor that is getting into their shorts.
  5. What is likely now after Clear Channel revenue continues to dive while their debt continues to grow.

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Reporting for this article was made possible by sources familiar with the situation. When you report news, you are automatically in my Witness Protection Program, which has never revealed a source.   Newstips here.

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