Radio Groups Looking to Shut Local Operations

You’ve heard me say that the coronavirus was a gift handed to radio owners.

Under the cover of a worldwide pandemic, COVID gave failing radio groups a way to quickly paralyze employee costs through furloughs, firings and layoffs.

These cutbacks will be permanent.

It’s the survivors who now have a lot to worry about.

At least one radio group is dead serious about shutting down most of their studios and offices and operating off a model so new that radio stations have never seen the likes of such a plan.

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