Tom Taylor broke the news of John Hogan's "draconian" first quarter contingency plan in his Taylor on Radio-Info publication Monday.
It's bad -- all bad.
Hundreds of additional jobs are in jeopardy -- this from the industry leader that has been cutting jobs at a record pace in preparation for what they hope will be the completed sale of Clear Channel to Bain Capital and Thomas Lee Partners within a few months.
Clear Channel has a problem. It isn't making budget for the first quarter and revenues are down.
In the movie Airplane, Lloyd Bridges who played the character&hellip
Recent Posts
- Connoisseur Undoing Alpha
- Radio’s Next Roll-Up
- No iHeart AI DJs, BUT …
- Townsquare Consolidation Without Buying Stations
- The Invisible Digital Ads
- iHeart’s Convenient Gen Z Research
- iHeart’s Foreign Ownership Hall Pass
- Radio’s Self-Inflicted Markdown
- Cumulus’ Death Spiral
- Inside iHeart’s Barter Machine