Yesterday iHeart conducted a “phantom firing” that is shrouded in uncertainty that may be causing more anxiety than even their pre-virus 1,000+ mass “dislocation”.
Publicly, they are saying one thing, but behind the scenes there are a lot of concerns about just who is non-essential and whether they are in fact expendable after the 90 days are up.
This typical smoke and mirrors approach for iHeart is reportedly massive now.
And a handful of draconian cutbacks that probably don’t have anything to do with the effects of the coronavirus on their company – some absolutely jaw dropping.
No one believes the radio industry will come back even when the virus goes away so the real question is – what exactly did iHeart just pull off in the name of the coronavirus.
- Desperate Radio CEOs Buy Favorable Ratings
- Audacy’s Hiring Problem
- iHeart Foreign Sale Still on the Table
- Westwood Done
- Cumulus Fires 9 in One Market
- The Fan-to-Fan Music Revolution
- San Diego Audacy Exodus Resumes
- Big Changes Coming to CHR
- New Cumulus Market Manager Mandate
- Cumulus to Regionalize Business Managers