Inside Music MediaJerry Del Colliano

There are at least two Lew Dickeys – maybe more.

One is the button down business exec that Wall Street money people like to hear because there is never a bad day or bad quarter at Cumulus.

Then there is the other Lew Dickey.

The guy on the street corner selling fake Rolex watches.

Okay, maybe not that desperate but desperate enough to have to start selling stuff to trim his balance sheet.

You may be amazed at what Cumulus could be selling off next to stay afloat.

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1. The most mind blowing move to sell off local assets to raise needed money.
2. The stations most likely to go on the block.
3. One business that would shock everyone if Cumulus sold it – and there’s a good chance of it.
4. Two new ways to cut expenses – some pretty dramatic.  And that’s saying a lot from this company.
5. The “doomsday” scenario – doing this is better than having to file for bankruptcy in a few years but it might hurt some egos.

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