Seriously?
Can’t Bob Pittman and Rich Bressler even make it through the first quarter without a shakeup?
Sources close to iHeartMedia tell us two things.
One, that layoffs continue every day of the week under the radar and the not so watchful eye of the happy talk radio trade press.
Two, that iHeart is preparing a 5 megaton announcement in February that will most certainly alter the path for the company and affect every competitor in every market where they compete.
Among the 6 most likely possibilities:
- The firing of a major domo
- The biggest, craziest cost-cutting move they’ve ever tried
- This Hail Mary to save the company from bankruptcy
- Something scary and awful that has to do with the hiring of Marc Chase
With only weeks to go, I’ll tell you which one I think it is.
Access this story now …
$1,000 for the Best News Tip of the year/$100 for the best Tip of the Month. Full protection. Anonymity. Backed by our reputation of never having revealed a source. Report news, share memos, audio, emails in strict confidence here.
Just 2 months until my 2015 Media Solutions Conference in Philly. Register Now. Inquire about group rates here.
Start your day on a positive note “Conquering Hatred Of our Enemies” on my motivational website here.
Recent Posts
- The Next Private Equity Radio Scam
- The Final Days of Beasley
- Nielsen Moving Away from Radio
- Objections Filed to Audacy Bankruptcy Approval
- The Plan to Undo the Audacy Sale
- Putting Lipstick on Failed Radio Groups
- The Downside of iHeart’s Loan Re-fi
- Salem’s Next Move
- Your Radio Station May Have to Change
- Audacy Crackdown