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Jerry Del Colliano

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Thursday, July 7, 2022

Warshaw Inciting Cumulus Shareholder Revolt

  • His next move after getting a second “no” yesterday
  • Why Cumulus won’t even consider Warshaw’s money even as their stock tanks
  • What it would take to get to yes
  • Warshaw’s RIF plan if he eventually gets Cumulus

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Previously: Market Expects Audacy Bankruptcy This Year … Cumulus to Layoff Station Personnel …  Westwood One to Shutter Another Division … The Danger of Electric Cars to Radio … Audacy & iHeart Playing Dirty with Ad Rates … Townsquare’s Major Expansion … Cumulus Just Screwed Itself … Average Song Length Nose Dives … Recession Plans at the Big 3 Radio Groups

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