Tom Petty and The Last DJ

Tom Petty and The Last DJ

ClearChannel/”I Heart” banned this song when it first came out because they said it was “anti-radio”. You decide: The last DJWell you can’t turn him into a company man You can’t turn him into a whore And the boys upstairs just don’t understand a nymore Well the top brass don’t like him talking so much,…

Cumulus Artificially Inflates Stock Price, Here’s How.

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…

Steve Bell, Reporter

Steve Bell passed away this week in the news room at KCUR, the very same place where we interviewed him for this clip from the film.  He was known for his resonant voice, but he brought a far-reaching wisdom with his years.  There were things that young reporters missed that he would bring to a…

WHY IS RADIO STOCK SO LOW?

WHY IS RADIO STOCK SO LOW?

High finance is secretly getting rich off of Radio while ordinary investors (and the tax payers) are stuck with the bill. Private-equity firms load tons of debt onto radio while hand-picking the management and skating with fees.  It is no wonder that commercial radio is dying.  Those in charge are not radio people.  The film CORPORATE…

RADIO MEME

RADIO MEME

Radio (like the United States) is the most relevant and vibrant when it is of the people, by the people and for the people.   The out-of-town owners have no personal stake to make it live again. Lincoln might say…

RADIO IS NOT A DIRTY WORD

Radio, the experts say “call it media”.  Those experts are wrong and this is why it matters. Many well-meaning radio consultants are afraid that emerging technology will destroy radio.  These consultants even swayed the former head of NPR “National Public Media?”.  Ask anyone on the street what it is; they call it Radio.  Even at…

NATIONAL PRESS CLUB

NATIONAL PRESS CLUB

The century old National Press Club is a couple blocks from the White House.  It refers to itself as “The Place Where News Happens”.  After a crazy subway ride in rush hour DC, Jill and I emerged in the “Edward R Murrow” room of the epicenter of establishment-journalism.   We were in DC to show the…

A GOOD TALK-SHOW HOST…

A GOOD TALK-SHOW HOST…

A good talk-show host will… Show that they are personally interested in what the listener has to say (or many will not call in). Make the guest feel comfortable. Love their listeners and community. Be comfortable with the conversation going in directions that they did not pre-plan. Walt Bodine was one such individual.  He passed…

WHAT IS PRIVATE EQUITY?

WHAT IS PRIVATE EQUITY?

What is Private Equity?  How do they make their money?  The answer to this mirrors the answer to “Why does commercial radio suck?” The way a firm makes profit can say much about how it behaves. For instance, Private Equity makes money off of fees taken from investors and from maintenance fees from the companies that…

MEDIA CROSS-OWNERSHIP

MEDIA CROSS-OWNERSHIP

In 1955, the government convicted the Kansas City Star (newspaper company) with monopoly charges. The Star had abused their power with the ownership of two newspapers, a TV station (WDAF TV) and a radio station (WDAF radio).  They forced advertisers to buy ads for all 4 properties, and also punished advertisers for utilizing other media…

RADIO DIVERSITY DAY

RADIO DIVERSITY DAY

The podcast “Sound Track of the Week” (SOTW) has announced that they are starting “Radio Diversity Day” to take place on December 5th 2012.  They say they were inspired by the movie Corporate FM.  The idea was born during an hour long interview that they did with Jill and me late one evening. On Radio…