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.
No matter what your profession, talking to someone in person is always a good idea to build relationships and trust. And in this case, it goes both ways.
In a meeting with staffers on Tuesday morning, NBC News Executive Vice President of Editorial Catherine Kim said that it would "be a difficult day for a lot of us" as the cuts were enacted.
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.
"We're a legacy brand with a lot of passion around it, and we've really tried to lean into that. But we're also a new brand starting with no sacred cows."