Radio Bankruptcy Fireworks


How do you get rich in radio?


Be born into Cumulus' Dickey family.

Or be the children of Clear Channel founder Lowry Mays.

Or the adopted "son" of Citadel's Teddy Forstmann as it appears Farid "Fagreed" Suleman is.

Or the biological son of a New York cab driver like Mel Karmazin.

Okay, that was wrong. Mel earned his wealth. He wasn't born into it. But the others ...

I mention all of this for two reasons.

One, it was just the Fourth of July and hot dogs were on the menu this past weekend.

And, two -- don't choke on one when you see what's going to happen&hellip