There is so much coverage of the possible closing of Clear Channel's $19 billion privatization sale to Bain Capital and Thomas Lee Partners, but I'm afraid even the best financial publications are distracted from what's really important.
The Super Bowl is this weekend in Phoenix and this is as good a time as any to invoke the imagery of the "Hail Mary" concept.
In football, the "Hail Mary" is a desperation pass like the one Dallas quarterback Roger Staubach threw to his teammate Drew Pearson who was being covered by cornerback Nate Wright in a December, 1975 divisional playoff. Pearson stopped and pushed Wright as the ball&hellip
Recent Posts
- Trouble Signs for Election Cycle Ad Spends
- The Cumulus Bankruptcy Date is Now Known
- Is Warren Buffett Right About SiriusXM
- The Bad Blood Between iHeart & Audacy
- Urban One’s Fatal Mistake
- What Follows the Dying Media Business
- The Pending Cuts Coming for Late 2024-25
- Is iHeart Behind Audacy’s Bankruptcy Delay?
- Music’s Mental Health Crisis
- The SEC Snags Cumulus for Being Dishonest