Consolidation – The Bad & The Ugly

Ten years ago during the euphoria surrounding the passage of the Telecommunications Act I spoke out against media consolidation as publisher of Inside Radio. Not only that, I exposed as often I could, the heartbreak of an industry. I saw able managers overloaded with the responsibility of running too many stations. People fired because they got in the way (we wrote of a cancer patient who one of the consolidators fired even knowing he was being treated for the disease). The disconnect between Wall Street euphoria and Main Street neglect. Questionable practices like packaging more than the stations some groups owned with LMAs to offer&hellip