It would be helpful to study what Mary Berner did when she was CEO of the failing magazine Reader’s Digest.
Two bankruptcies and a massive firing of personnel before she was eventually fired or agreed to leave.
Google it.
Berner is not a radio executive or innovator.
She takes companies and bankrupts them. That’s what she does.
This is my way of saying – remember those furloughs, firings, pay cuts, and 3 weeks of non-paid vacation over the 15 that Berner was selling 24 hours ago?
It’s actually about to get worse for the poor souls at Cumulus.
Recent Posts
- Your Radio Station May Have to Change
- Audacy Crackdown
- The Buyer Ready to Pounce on Radio
- Where to Reach New Radio Listeners
- iHeart’s Indebtedness
- SiriusXM Hits the Panic Button
- How the Pivot to Audio Is Working
- The Saga You Won’t Recognize
- Animosity Toward Radio CEOs Growing
- What’s Causing the Latest Radio Listening Declines