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
- iHeart Secretly Offshoring Operations
- Making Sense of the Connoisseur/Alpha Deal
- Defunding Public Radio’s Effect on Commercial Stations
- More Cumulus Station Shutdowns
- The Nielsen 3 Minute Rule May Backfire
- 2nd Cumulus Bankruptcy All but Certain
- Cumulus 2017 Bankruptcy Playbook Reloaded
- The Disappearing Dashboard
- Life After Layoffs
- A Controlled Crash for iHeart