Another $45 Million in Entercom Cutbacks Coming

Summary

  • Revenue down 4% again, stock tanks to $6.85 – how CBS employees will pay with their jobs.
  • The only things that are working at Entercom were started by CBS – here’s the proof.
  • There is already a three-stage plan to start the cost savings – how it is spread out and when.
  • Things are so bad Entercom threatens to double down on the $110 million in cost synergies already promised.

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The Alpha Bankruptcy

It appears that Alpha is headed for the junk heap.

Larry Wilson is out – his plan to grow a live and local radio company ran into the reality that he could never take Alpha public with a market increasingly disinterested in radio.

Yet there is a fascinating set of circumstances that could augur an outcome where the leading lender and the company employees could emerge better off than their founder. 

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And read these full articles …

            Why Investors Keep Buying Entercom

            Apple/iHeart Rumors

            Fired Market Manager Sues Cumulus

            Sexual Harassment Allegations At Entercom

            Entercom’s Operational Problems

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Why Investors Keep Buying Entercom

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Become a NEW subscriber and begin with Why Investors Keep Buying Entercom here. 

And read these full articles …

            Apple/iHeart Rumors

            Fired Market Manager Sues Cumulus

            Sexual Harassment Allegations At Entercom

            Entercom’s Operational Problems

            The Coming SiriusXM Meltdown

Plus every article for the past year and 4,040 in our archive like these (scroll thru/latest first) for annual subscribers.

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Apple/iHeart Rumors

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Become a NEW subscriber and begin with Apple iHeart Rumors here. 

And read these full articles …

            Fired Market Manager Sues Cumulus

            Sexual Harassment Allegations At Entercom

            Entercom’s Operational Problems

            The Coming SiriusXM Meltdown

            Radio Music Performance Fee Surprise

Plus every article for the past year and 4,039 in our archive like these(scroll thru/latest first) for annual subscribers.

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Market Manager Stands Up Against Cumulus

INSIDE …

  1. If Cumulus employees don’t like Bob Walker and Dave Milner, they’re going to like them less after they read what happened to this Cumulus market manager.
  2. She’s suing and it’s ugly – details.
  3. Awarded, never written up, willing to take a pay cut but something happened where this market manager drew the line.
  4. Alleged verbal abuse so bad she wound up with PTSD – you be the judge.
  5. How this case against Cumulus is being built as employees are learning how to stand up to toxic workplace culture.
  6. The one thing you can never do at Cumulus not matter how good you are and still keep your job.
  7. How the names Lew and John Dickey and Gary Pizzati fit into all of this.

Read the full article now.

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