New name.
Same old bullshit.
iHeartMedia (or as I like to call it Bob Pittman’s iBRAINFARTMedia) cleanses Pittman of having to embrace a company that brings in the majority of its revenue from – well, freakin’ radio.
But the name change is nothing but a diversion.
Remember what else I predicted Pittman would do?
He just set the table for it.
If you’ve been thinking about subscribing and would like to access this story, let me tell you what you will get.
- Why is Bob Pittman changing the name of this failed company at this moment in time.
- How local radio will now operate under iHeartMedia.
- The “gift” Pittman and Richard Bressler are about to give to Clear Channel employees.
- Their secret plan to cut some of the $20 billion in corporate debt that they don’t want employees to know about right now for obvious reasons.
- The shocking selloff that is coming.
- The seismic management shakeup that follows this name change.
Access this story now and try a monthly subscription here.
Become an annual member and also access 2,795 previous stories, here. Search Stories.
There is a $100 award for the best new tip of the month in my confidential Witness Protection Program. Report news or share emails and memos in confidence here.
If you’ve been reading these teasers, you know it is time join thousands of media people who have already unlocked their own subscription to Inside Music Media. But first, let me unlock 6 new sample stories and then you decide -- here.
Feel free to share this story using the tools below.
Recent Posts
- YouTube’s NFL Power Play Isn’t Just a TV Problem — It’s a Radio Warning Shot
- Townsquare’s “Digital First” Problem
- Warshaw’s Next Acquisition After Alpha
- iHeart’s Cash Burn
- Beasley Financial Health Warrants Close Monitoring
- 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