Radio CEOs don’t do these things – they don’t troll for stations.
Urban One needs stations and Cumulus needs to offload them.
But it’s not that simple.
Lenders are avoiding radio loans these days and when a radio group tries to acquire, the stock market punishes them (I’m thinking of Beasley here when they tried it a few years back).
It’s enough to make a casino owner like Liggins wonder what it’s going to take to get someone’s attention at Cumulus to do business with him.
Actually, he has a very creative idea.
Do you have information you want to share with Jerry confidentially? Email him privately here
Newstips here
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