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
- iHeart Secretly Offshoring Operations
- Making Sense of the Connoisseur/Alpha Deal
- Defunding Public Radio’s Effect on Commercial Stations
- More Cumulus Station Shutdowns
- The Nielsen 3 Minute Rule May Backfire
- 2nd Cumulus Bankruptcy All but Certain
- Cumulus 2017 Bankruptcy Playbook Reloaded
- The Disappearing Dashboard
- Life After Layoffs
- A Controlled Crash for iHeart