At no time in recent history has anything this bad happened to market managers since the forced furloughs a couple of years ago.
Corporate henchmen like Gary Pizzati are bombarding stations with directives – sometimes as many as 7 emails a day ordering cutbacks (Pizzati did that yesterday to his “region” which includes numerous small markets but also New York, Los Angeles and Chicago – a total of 22 across the country).
Cumulus executives suspect that something is seriously wrong.
- The actual revenue figures that Cumulus keeps secret for its New York and LA markets says it all. Read them here along with projections for 2015 right off their spreadsheets.
- What Cumulus is telling its managers about paying their bills.
- The ban on hiring salespeople, but even worse what corporate is going to make sellers do within the next two weeks.
- Part-timers beware!
- The reason for new mandated meetings forcing market managers to confer with program directors (and it has nothing to do with the on-air product).
- What happened to WPLJ’s billing after Cumulus drove Scott Shannon into the hands of competitor WCBS-FM.
- What does the 0.6 rated KABC bill in LA and what is it projecting.
- The things Cumulus adds to the numbers to pad their revenue figures revealed.
- Sources close to the situation who wish to remain anonymous because they are not authorized to reveal corporate revenue figures say something is drastically wrong.
- After reading these numbers, you can see why another round of layoffs is coming.
Access this story now …
Report news in confidence here.
Start your day on a positive note “What One Quality Can Make a Person Loved” on my motivational website here.
Sign up to get these “teasers” every day for free here.
- CBS May Force Entercom To Sell More Stations
- iHeart Will Be Selling More Than Aloha Trust Stations
- Alpha’s Secret Station Sales
- Lenders Looking to Take Control of iHeart
- The Jim Cramer Pro Entercom Charade
- The 2nd CBS-Entercom Pre-Nup
- Entercom's Sports Focus Scaring Investors
- Townsquare Clamping Down
- iGen's Relationship with Radio
- Which Stations iHeart is Preparing to Sell