We know that Bob Pittman was laying thousands off at iHeart before he had the coronavirus to blame.
And David Field has been canning people from the moment he bought CBS Radio – remember the $110 million cost synergy pledge he made to lenders.
And that Cumulus has been nuking their staff before, during and after bankruptcy – they didn’t need a virus to blame it on.
Beasley did it, Univision flush with half a billion in cash is doing it.
But what about Saga, the company with the least debt and the highest stock price?
All this becomes more critical to look at to see what a profitable radio company is planning to do.
Recent Posts
- AI Insights from My NYU Music Business Class
- Cumulus Just Blinked
- Urban One’s Nuclear Option
- Inside iHeart’s “Guaranteed Human”
- iHeart Mismanagement Exposed
- The Trojan Horse Deal to Rope in Station Buyers
- iHeart Cooked the Essential AM/FM Car Study
- How iHeart Blew the TuneIn Deal
- The Perfect Buyer Waits for Cumulus
- Beasley Asset Sales Plausible