Corporate FM in Top 100 Corporate Crime Movies

We are so proud to see Cor­po­rate FM in the 2021 list of the top 100 cor­po­rate crime movies com­piled by the Cor­po­rate Crime Report.  Out of 100 movies, only 39 of us are doc­u­men­taries which makes this espe­cial­ly excit­ing to be in such good com­pa­ny. You can see the full list here. Some oth­er notables: …

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Disaster Relief or Disaster Exploitation?

When radio is chal­lenged over its legit­i­ma­cy, broad­cast­ers can always refer back to a nat­ur­al dis­as­ter when the com­mu­ni­ty need­ed them and radio deliv­ered. In Kansas City, old radio guys still talk about the great flood of 1951 or the Joplin tor­na­do of 2011. Both were instances when radio dou­bled down to help the community. …

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Not Buying the Facebook, Google Argument

(Orig­i­nal­ly Pub­lished in Radio INK, Nov 13 2018) (By Kevin McK­in­ney) The notion that Face­book and Google are steal­ing ad rev­enue from radio is com­plete­ly false. Radio is giv­ing rev­enue to Google and Face­book. Nobody is steal­ing. So why do con­sol­ida­tors claim this? They use the Inter­net as an excuse to con­vince leg­is­la­tors to allow them …

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When Synergy is not Synergy

When con­sol­i­da­tion first began, there was much talk about how the syn­er­gies would ben­e­fit every­one. The nar­row own­er­ship would cre­ate some­thing greater.  Small sta­tions would sud­den­ly have the resources of huge con­glom­er­ates. The sum would be greater than the indi­vid­ual parts. There are two prob­lems with this argu­ment.  For syn­er­gy to occur, the parts have to …

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Bankruptcy ≠ Major Sell-Off

I think Forbes mag­a­zine is wrong.  An opin­ion piece by Gene Ely wrong­ly pre­dicts that bank­rupt cor­po­rate radio is head­ing for a big sell-off.  I WISH he was right. Bank­rupt­cies for cor­po­ra­tions are legal­ly dif­fer­ent than for indi­vid­u­als.  For you or me, in bank­rupt­cy we either lose every­thing or receive a pay­ment plan.  For cor­po­ra­tions, however, …

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Top 10 Reasons Why Radio is Going Bankrupt

The titans in cor­po­rate radio are final­ly going bank­rupt (like we pre­dict­ed).  Here’s why. They failed to bring new rel­e­vant con­tent. They pushed lis­ten­ers to the inter­net in search of the new music that radio aban­doned.  If radio does play new music now, it’s from cor­po­rate playlists. They failed to fea­ture their local com­mu­ni­ties.  Corporate …

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FCC’s latest gift to consolidators

As of last week broad­cast­ers no longer have to main­tain local stu­dios thanks to a new rul­ing by the FCC. Chair­man Ajit Pai, him­self a for­mer Ver­i­zon coun­sel, pushed to abol­ish the “Main Stu­dio Rule” that was meant to main­tain the local pres­ence of radio.  He coun­tered that it would ben­e­fit minor­i­ty broad­cast­ers because they …

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Radio Bankruptcies Spur Release on Amazon.

The cor­po­rate giants want to blame the down­fall of radio on any­thing but them­selves.  We just can’t stand by and let that hap­pen or they will keep own­er­ship after bank­rupt­cy. This is why we’re send­ing them (and you) a lit­tle gift.  Cor­po­rate FM is now on Ama­zon and Ama­zon Prime. Help set the record straight on how radio was killed from …

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I Heart Excuses: Top 5 Alibis for Radio Bankruptcy

These excus­es are impor­tant because own­ers have used them before to retain pos­ses­sion after bank­rupt­cy like they did with Citadel Broad­cast­ing. The excus­es are also used by any own­er who wants to avoid scruti­ny for skimp­ing on the staff. Prized Excus­es: The inter­net made me do it. The notion that a ser­vice that peo­ple pay for (the inter­net) could …

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Cumulus Artificially Inflates Stock Price, Here’s How.

Cumu­lus stock has been sooooo low that they are being threat­ened with delist­ing from the exchange.  Enter the “reverse stock split” (10/12/16). Here Cumu­lus takes all their shares and con­verts each 8 shares into one. So lets say shares are worth 32¢ a share. ? Mul­ti­ply that times 8 and they should get $2.56 per share which does­n’t sound …

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The Director’s Cut of Corporate FM is Here.

When Cor­po­rate FM won the AMC Doc­u­men­tary fea­ture award, I was very proud and shocked at the same time.  I did­n’t feel like the film was com­plete­ly done.  One of the judges (Rudd Sim­mons, The Life Aquat­ic, High Fideli­ty) gave me this advice:  “Tour with this film for a year, and sit with every audi­ence who sees your …

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