Like Dean Goodman’s Digity.
People close to the situation – i.e., in the direct line of fire – will tell you that these small groups want what Clear Channel is having.
Profit by not necessarily earning it.
Just by buying assets.
Cutting costs.
Firing people.
Managing from the top down.
This sends a chill up your spine when you realize that the buyers we’re all rooting for many are no better than the buyer’s we know and despise.
If you’ve been thinking about subscribing and would like to access this story, let me tell you what you will get.
- How smaller groups are now implementing the same barbaric management tactics of the big boys.
- The new way local managers are expected to meet goals without being able to track their progress.
- The GM’s are being paid on performance, which is virtually impossible to make their promised compensation.
- How some small acquirers are planning regular Clear Channel-style RIFs of their own.
- Why investment groups are buying up small market radio stations that will die when their local staffs are let go – what’s that all about?
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