Now we know just how bad things were getting at CBS Radio when Joel Hollander presided over it.
David Hinckley in The New York Daily News Monday reported the figures based on BIA statistics. It isn't pretty.
Hollander's ill-conceived attempt at radio programming called "Jack" ("We play what we want") was supposed to replace the aging oldies station WCBS-FM. It was a bold move Hollander thought was urgent, but I think it said "panic".
CBS-FM had, according to Hinckley's article, slipped from about $40 million per year a few years earlier to $23.9 million when the mid-year shift to "Jack" took&hellip