Clear Channel is $21 billion in debt.
Going down every quarter in sales revenue.
Firing people in response as if they were the reason.
Now we’ve learned that the company that can’t tell the truth is fudging something else.
Bogus sales revenue that gets reported by Miller Kaplan.
If you’ve been thinking about subscribing and would like to access this story, let me tell you what you will get.
- One market where millions of dollars of phantom revenue is being picked up as real billing credited to Clear Channel.
- The two legitimate companies Clear Channel is apparently deceiving.
- How this smoke and mirrors act is done – this is important if you compete against Clear Channel because your numbers look worse every time they cook their numbers to get them higher.
- How Clear Channel uses this ploy to generate even more millions in other markets.
- Why other companies that use one of their services is getting peanuts while they allegedly spend fake money on their own stations in an apparent attempt to embellish their competitive revenue figures.
Access this story now and try a monthly subscription here.
Become an annual member and also access 2,685 previous stories, here. Search Stories.
This article was made possible by information from several sources close to the situation. When you report news, you are automatically in my Witness Protection Program, which has never revealed a source.
Talk to Jerry privately here.
I’m speaking on “Radio In the Digital Age” at The Talkers Conference in New York June 20th – register here. Come and say hi.
- 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
- Cumulus is Panicking
- The Value Destruction of Audacy
- iHeart’s Future in Artificial Intelligence
- Lenders Pressure Audacy for Deeper Cuts