Tag: Cumulus Media

"Industry observers wonder if dual-format strategy fragments the audience. "

"YouTube’s willingness to pay creators to stay should be a wake-up call for sports radio. Stop giving the platform millions of hours of content every month for free."

"If you want us to look away when you're committing business malpractice, you've come to the wrong place."

I haven't heard that any of the top folks in the publicly held radio companies are saying, "Our companies aren't doing well. I've made a lot of money, so I'm going to work for a greatly reduced salary and benefit package until we can turn this around. That might save some jobs in my company."

"RTN accelerates faith-based radio expansion into secondary markets."

"About two weeks ago our company had to make some changes and they had to eliminate some jobs. Mine was one of them that was eliminated. I'm going to be here for two more weeks."

Why has there been a lack of innovation in radio over the past decade? It's because even a short-term drop in ratings and revenue is considered a moment to panic. What are Bob and Mary to do? They are prisoners of their companies' covenants.

"I don’t think I could have carved out a better path in my career. There’s been highs and lows just like anyone else, but I couldn’t have done anything more enjoyable."

"With our plan of reorganization confirmed by the court and the FCC approval process well underway, we are positioned to emerge from Chapter 11 with a stronger balance sheet to capitalize on future market opportunities."

"One day you get a phone call, and I thought it was a return to work plan again. I was cleared, my [doctors] cleared me to do that. They went the other way, and they chose to terminate that contract."