Never have so many pulled so hard for so few.
The lines are drawn -- the many people in the radio industry who are hoping that Clear Channel will actually sell off part of its conglomerate and take a small group of radio stations private vs. the few owners and Wall Street money people who hope for a large pay day today and another one down the line if they decide to sell off more assets later.
But shareholders are funny people especially when some of them owned Clear Channel stock in the $90 range and are now holding the same issues in the mid-30's. The Wall Street Journal last week did a piece on the showdown between&hellip
- The 9-year span of listeners that could save radio
- Entercom’s Event Business in Question
- The Sale of Westwood One
- Cox Radio
- Cumulus Without Major Markets
- The Cumulus Motive for Its $100 Million Selloff
- Cumulus Starting to Panic
- Lew Dickey’s Altered Plan for Radio
- What’s Wrong with the Grammys
- Connected Cars & Smart Speakers