A day hardly goes by without news reports from radio groups that their business is tanking faster than anyone ever anticipated.
Take Cox and Emmis.
Both good companies. Run by solid radio execs.
Their quarterly revenues are down by a fourth.
Emmis is not far away from being in violation of its loan covenants
Recent Posts
- What’s Really Going on with iHeart & SiriusXM
- The Erosion of Radio’s Digital
- The Unintended Consequences of the CBS Radio News Shutdown
- The Major Market Selloff
- Salem’s $31 Million “Inside Job”
- The Disconnected Dashboard
- Is Saga’s Turnaround Working?
- Beasley’s Hall Pass
- iHeart’s Q1 Growth Masks Profitability Decay
- Townsquare’s Deceiving Earnings Report