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.
Recent Posts
- iHeart’s Foreign Ownership Hall Pass
- Radio’s Self-Inflicted Markdown
- Cumulus’ Death Spiral
- Inside iHeart’s Barter Machine
- The Audience That Stayed
- Foreigners to Radio’s Rescue
- Should Radio Demand a Button on the Digital Dashboard?
- What Everyone Is Missing at Cumulus
- Independent Owners Retirement Crisis
- Are Beasley’s Major Markets Next