I have a candidate for Radio Ink’s “Executive of the Year”.
Univision CEO Vince Sadusky who is flush with cash and firing like a fool.
It’s hard to beat last year’s “executive of the year” stinker for chutzpah -- Bob Pittman who in the first quarter killed well over 1,000 jobs – and that’s before the Coronavirus. He laid off, fired or furloughed hundreds more beyond that.
Radio groups are crying pour mouth because their debt is too high and ad revenue has dried up. Whose fault is that?
Their employees, of course.
The virus firings that every group except two are getting in on are a gift from heaven for them but if you think the worst is over, you haven’t heard about the next deep cuts at iHeart, Entercom and Cumulus under the cover of a recession.
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