Emmis Broadcasting has been reduced to renting out its big market signals to keep the wolf away from the door.
Thursday’s rental deal with ESPN in New York and sale of Kiss 98.7’s intellectual property as a result is the last straw.
But it isn’t.
There are things you probably don’t know yet about how bad things are for Emmis and how some other radio broadcasters are also going to be toast in the not too distant future.
If you are a subscriber, thank you for joining our group. Just click through and unlock the content.
If you’ve been thinking about subscribing (it’s time to go ahead and do it – two great subscription options) and would like to access this story, let me tell you the questions that will be answered:
1. How Sam Zell of Randy Michaels fame could bring Emmis down.
2. The interest rate of Emmis CEO Jeff Smulyan’s latest loan – but take a seat because you’ve probably never seen a number this high or desperation so great.
3. Where Emmis is getting the money to stay afloat.
4. What five other radio companies will either have to grow or go – and do it soon.
5. Which three groups will be among the few that will be left standing when several more radio companies dissipate and go away and the almost unbelievable scenario for ones that survive.
The answers begin here.
If you would like to read this story, have access to my entire archive (1,400 pieces) and get daily email delivery, click “read more” for your choices.
Join our witness protection program: the smartest, safest newstip network – 100% anonymity guaranteed – talk to me confidentially here: NewsTip Hotline.
How to gain control by giving up control – go to chapter 3 here
- Why Are Spotify & the Record Labels Getting into Podcasting?
- The Westwood One Dilemma
- Entercom & Cumulus Outsourcing
- Should Radio Be Rebranded Audio
- Summit Media as a Potential Buyer
- The Projected Effect of Podcasting on Radio Listening
- The Cumulus Leftovers
- Entercom’s Cost Cutting
- iHeart’s New Beginning
- Entercom Programming Cutbacks