Pizzati Hired, Dickey Hovers

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  • How Pizzati’s hiring previews Lew Dickey’s return.
  • Pizzati’s new C-level job, responsibilities.
  • The possibility of recruitment due to future expansion.
  • What’s next with Pizzati in place and an acquisition coming in 60 days.
  • Why competitors – even iHeart deep in bankruptcy – are panicking over digital.

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The Cumulus Trade Cover-up

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  • How trade put on the books as cash will be used to cover-up expected big losses in the third-quarter.
  • How that actually works -- legal but deceptive.
  • The latest Cumulus revenue pacing numbers based on their own metrics with only one month left in the third quarter.
  • The cover-up revealed – even board members may be fooled by this disguise.
  • The Cumulus markets leading the race to the bottom.
  • The most endangered market managers.

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Cumulus Bankruptcy #2

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  • The reasons financial people expect Cumulus to file for a second bankruptcy along with what will trigger it.
  • The affect another bankruptcy will have on the fragile station group and Westwood One.
  • The true financial condition of Cumulus by experts – not speculation or corporate hype we’ve been hearing.
  • The list of costs that should be going down after emerging from bankruptcy that are actually going up.
  • Why Cumulus is suddenly losing key people at the worst time possible.
  • The prognosis for Westwood One.

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5 Questions for the New Cumulus Board

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  • The 5 major questions that the new Cumulus board needs Mary Berner to honestly answer according to analysts and financial people.
  • What constitutes accounting tricks and what are sound and generally accepted accounting principles necessary to stop the bleeding.
  • 11 hours of board questions and concerns boiled down to these indicators of a turnaround or a failure.
  • How to tell the early signs that a second bankruptcy will be needed.
  • Troubling company financial indicators that are rarely discussed in public.
  • The concerning story of what’s really going on today at Westwood One.

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Lew Dickey’s Return

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  • A timetable you can take to the bank – the specific month all of this goes down.
  • What happened to his takeover bid for the failing Cumulus.
  • What Dickey’s first acquisitions will be from these sellers – either in part or whole.
  • The large group that is also being considered.
  • The plan to prevent a repeat of Cumulus 1.0.
  • First look at Dickey’s new management team.

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