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October 01, 2015

Comments

Panama Jack

Gutting their former "Radio" stations and firing the Humans that were the heart and soul of the "Radio" industry isn't something to stand in awe of, Eric. It's shameful.
I say "Radio" because the industry isn't what it once was; had consolidation not been allowed at this scale Radio would be a much more powerful medium today instead of a shadow of its former self.

Jay Carneal

Local radio use to be - live remotes - live announcers, that answered the phone & took your request - and interacted with the listeners in a local way. Local listeners had loyalty to their stations, just like a sports team. They thought their station was the best & put bumper stickers on their cars because they wanted to share that enthusiasm with everyone. It was local & genuine. It is corporate radio that changed the listeners expections and lost their loyalty & trust by giving them the one size fits all approach. If Dallas sounds like Houston & D.C. Sounds like Cleveland then the listener doesn't care anymore. Might as well be Pandora! Atleast you don't hear: follow me on Twitter, go to our website or my Facebook page or another promo for a I heart concert in Vegas two months out in every market, every break on every format. Who cares about corporate radio, they don't deliver for they listeners & that's what radio is for.

Ed Mann

It's a sad tail, but please, top dog firings are inevitable when you make liquid your investment by going public, overleverage your company and put a board in charge of your fate. I've seen many friends ousted from the their own companies and while not always deserved, it's clear that some handwriting was on the wall. Lew and John are smart and clearly they'll be fine, and I wish them well, but frankly I wish their rank and file a good shake. I prefer vanilla, but that's me.

roger coryell

To be fair, the KGO meltdown happened on Citadel's watch, with Mickey and Jack at the helm. PPM was the apparent culprit, not management at the local or corporate levels. Not a fan of the Dickeys at all, but don't blame them for KGO.

Innocent Bystander

You ain't seen nothing yet. Just wait for the iHeartMedia/Clear Channel meltdown with Pittman at the helm. Cumulus debt = $2.23 billion. iHM/Clear Channel debt = $21.1 billion

Michael O'Shea

I was a Cumulus Market Manager for several years in the early 2,000's and was quite impressed with the sophisticated systems set up by Lew and John. And with the Atlanta managers meetings I attended, which were customer-focused and run by "real radio" people. I thoroughly enjoyed my collegial relationship with both and found them to be very smart and fun to be around. I consider both to be "friends". However, it was about that time the company moved from middle-markets to large markets and the change of cultures was distracting and disruptive. I agree that the demagoguery and "grave dancing" is unfortunate...but also understand the pent-up anger of work-force reductions and job cuts. Your perspective is well stated, Eric...however, I also have empathy for the many that had career interruption due to the company's top-down management philosophy. A concept that works well in retail and food service industries...but in a such a local-market, local-touch industry as "community radio" has its flaws. I, too, am sickened at the demise of legendary call letters such as KGO, WLS, and both WABC and KABC.

Joe Bilotta

Finally an acknowledgement that consolidation has not served the industry well...

Tom Bigby

All good thoughts Eric.. My hope is our industry does not follow the history of the major airlines... Chapter 11, one after another....in the end most of the merged companies are stronger today than before Chapter 11 but the pain suffered by thousands of loyal employees was hard to watch......

Jackson Dell Weaver

There is a lot of vitriol for the way the Dickey's managed the company. Most of it around the way they treated people and sacked heritage radio stations (KGO with less than a 2 share?? Say it ain't so!). To say they got their due is gratifying for some, justice for others and a frustration vent for others.

Putting that aside, Eric is correct. The Cumulus debacle adds significantly to radio's troubles. We are a bit childish in using Cumulus' struggles to deflect our own pain. Whatever path Cumulus takes - let's all get back to work. This mess is a real distraction...

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