iHeart’s “Big Announcement”


  • The likely chances of the entire company being sold in whole or in part.
  • The latest on next week’s Big Announcement – so big managers are being told to report to New York to hear it in person.
  • Everyone thinks the proceeds from yesterday’s half billion sale of inconsequential outdoor markets is going to go to pay down some of their $20.6 billion debt – here’s where it’s really going.
  • Why iHeart is declaring war on a certain type of employee – you don’t want to be this person from here on out.
  • Why things are so bad iHeart people are now jumping ship before they’re thrown overboard to go work for – Cumulus of all places. Is that a good move now?

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