You will not believe what iHeart is thinking of doing to reduce debt.
I fell off my chair when I heard.
Because it’s not just about selling a few stations here and there.
I’ve got the plan they are kicking around and scarier yet – investment bankers appear to be cool with it.
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- The “optimum” size of an iHeart cluster in the future.
- Some of their big, iconic moneymaking stations are safe under this plan, right? Well, not so fast.
- Would this apply to all size markets or just the crappy little markets they don’t care about.
- How iHeart is being so careful to let investment bankers think this plan is their idea.
- I reveal the rules of engagement – who gets what they’re selling and how they plan to make sure none of the buyers could ever hurt them going forward.
- What happens to the newly reorganized regional markets – where do they fit into this plan?
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