We have had consolidation in radio for over ten years now and even after a flirtation with virtual voice tracking, the industry is fast becoming a nonstarter for serious careers.
In television, the increasing side effects of running public companies for every penny that can be eeked out of them and the collateral damage to local newsrooms is devastating. Local news, once the profit machine of local television, is not immune from taking a hit.
I am well aware that the radio industry wasn't the poster child for a "normal" career. I've got a lot of radio friends in the business and each one can tell you another indignity&hellip
- iHeart Suspend Benefits, Entercom Fires Part-Timers
- Low on Money, iHeart Readies More Mass “Dislocations”
- Lee Abrams: AM/FM Slowly Destructing
- Cumulus Teetering on Another Bankruptcy
- Multi-Group Layoffs Start Within a Week
- Entercom’s Local Revenue Crisis
- Cumulus Stuck Paying $13 Million for No Baseball Games
- Cumulus Signaling Coronavirus Cutbacks
- Entercom Panics, Mass Layoffs Begin
- The iHeart, Entercom, Cumulus, Townsquare Big Surprises