David Field is officially sweating.
It wasn’t a virus that is causing the start of another round of Entercom firings. It is David Field’s inability to build shareholder value (Entercom stock is worth $1.57).
The KROQ, LA Kevin and friends morning show went first yesterday with more to come soon.
The narrative of how it happened, when it was planned and why these major layoffs will continue across Entercom is a lesson in cold blooded career murder.
Entercom plans to use the coronavirus as an excuse for major firings to cover up its inability to make the company viable.
Field’s emergency plan is chilling involving CBS leftovers with plenty of pain reserved for legacy Entercom employees.
Recent Posts
- Why Billionaires Keep Buying Dying Linear Media
- How Radio Is Dealing with Fake AI Music
- How to Make Pittman & Berner Money
- A Third Cumulus Bankruptcy?
- Beasley’s New Re-fi Drama
- Astonishing “Going Concern” Verdicts
- iHeart’s SiriusXM Non-Merger
- iHeart/SiriusXM Merger -- Seriously?
- Beasley Restructuring Reality Check
- The Mystery of the Disappearing Ratings