Cash-Strapped Audacy Paying Millions to Retain Execs

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  • “Retention Awards” from the cheapest radio group to keep employees who have no intention of leaving – why?
  • Yes, yes David Field gets an unconscionable pay bump for presiding over a company preparing for bankruptcy – but look who else is getting spiffed now.
  • Wall Street wants deep cuts from them so why is Audacy doing the exact opposite?
  • Talent, programming and sales – their stake in this corporate money grab.
  • Will the healthy radio companies start giving raises?

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Click to read: Radio’s Streaming Mistakes … Radio rethinking Digital … Listeners Demands to Return to Radio …  Competing Against Failed Radio Groups … The New Station Owners …. Cumulus All in On Exiting Radio …Turmoil Over Who Controls the Car Radio … Audacy’s Copycat Bankruptcy … How Audacy is Sportswashing Investors … Chaos at the Big 3 Radio Monopolies …

You may also like: Saga’s Pat Paxton Hire … What Post-Bankruptcy Audacy Might Look Like ... Local Advertisers Dumping Radio … Audacy Preps for Bankruptcy by Increasing Spending … Ford Won the AM Radio Battle …Audacy Bankruptcy Negotiations … The Surprise Audacy CEO After Bankruptcy … Crocodile Tears for AM Radio… The Value Destruction of Audacy … iHeart’s Future in Artificial Intelligence

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