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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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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) …

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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 …

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