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Agency Owner: Hogan Owes Radio Day Crowd An Apology

TheBigA said:
Look at the American education system. You can't teach kids who don't want to learn. No amount of money will change that.
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You can teach kids who don't want to learn. You have to inspire these kids first. (Typically, this is the job of the parents, but I'm getting dangerously off-topic)

Just like your amazing AM station would probably draw listeners. Maybe not the right demographics, and maybe not more listeners than the market-leading AC station, and it might not be profitable if you were hiring all this top-notch talen. But it would draw listeners.
 
I know some of the people Clear Channel fired (on inauguration day) and I can tell you they were NOT dead weight. These were talented people who were literally squeezed dry as they were forced to take on additional duties (from other fired employees) for no extra money. Some of the salesmen at one CC cluster in Ohio were making so little in commissions (3-6%) that they were working nights and weekends doing other jobs just to stay above water.

The top brass at Clear Channel, Citadel and the other conglomerates remind me of the evil boss in "Dilbert"--overcompensated nitwits, clueless as to how to fix a problem they created. This should be a clear indicator that they are in a business they know little about or have no aptitude for and should therefore be forced out.

The only talent they seem to possess is whining in public and placing blame on their employees.

C5
 
Carmine5 said:
I know some of the people Clear Channel fired (on inauguration day) and I can tell you they were NOT dead weight. These were talented people who were literally squeezed dry as they were forced to take on additional duties (from other fired employees) for no extra money. Some of the salesmen at one CC cluster in Ohio were making so little in commissions (3-6%) that they were working nights and weekends doing other jobs just to stay above water.

The top brass at Clear Channel, Citadel and the other conglomerates remind me of the evil boss in "Dilbert"--overcompensated nitwits, clueless as to how to fix a problem they created. This should be a clear indicator that they are in a business they know little about or have no aptitude for and should therefore be forced out.

The only talent they seem to possess is whining in public and placing blame on their employees.

C5
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Yep. And there are, literally, thousands of us who share the exact same experience. We finally all take to the Internet at the same time to compare notes, and what do we find?

Consultants, who spend far more time trolling these boards than we will, telling us that the warm trickle we feel down our collective back is rain.

These are the bad old days. I'm looking forward to the reconstruction era.
 
In another brilliant move from Hogan (of Hogan's Heels), he's hired a guy from the hotel industry to help CC manage it's sagging revenues.

http://www.radioink.com/Article.asp?id=1193430&spid=24698

Radio, hotels, what's the difference? Business is business, right?

Actually, it kind of makes sense. I've always regarded Clear Channel as the Motel 6 of radio--low rent, low expectations and everywhere.

C5
 
Carmine5 said:
Radio, hotels, what's the difference? Business is business, right?
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No...revenue is revenue. You don't need someone from radio to manage revenue. Clearly, this is a weakness for a lot of experienced radio professionals. There are those who believe we broadcasters simply rent the airwaves from the public, so it's actually quite appropriate.
 
TheBigA said:
Carmine5 said:
Radio, hotels, what's the difference? Business is business, right?
Click to expand...

No...revenue is revenue. You don't need someone from radio to manage revenue. Clearly, this is a weakness for a lot of experienced radio professionals. There are those who believe we broadcasters simply rent the airwaves from the public, so it's actually quite appropriate.
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Like I said, business is business.

Maybe Clear Channel secretly wants to be in the hotel business. Their share price would probably be higher than it is now.

Hey, Maybe CC can buy the Hilton hotel chain, overpaying for it of course. Then they can gut all the rooms, redecorate them identically, fire most of the staff but keep a few core staff to service 3 or 4 hotels and handle all guest needs by means of a call center. In short, Clear Channel can do for the hotel industry what they've done for radio.

All I can say is that, as it stands, Clear Channel's check out time is near.

C5
 
Oh good, now other companies will follow CC approach, so the hotel bus is torn apart too.

Don't forget the end goal, of selling your chain of hotels at a high price before the whole thing falls apart.

It's like magic. strip away everything to bone, eliminate as much overhead as possible and make the profits look higher than possible, long enough to sell this creation to the next sucker.. Anyone named bain/lee is good..
 
Next stop, the medium-sized concert venue industry. The racket that was CCE still exists, spun off to the banner of Live Nation. "Let's buy the exclusive rights to promote our artists in certain venues," they decided, and so it is so.

The mid-level artists who contract for notoriously long Live Nation tours get the "ad buys" and airplay which promote them on Clear Channel stations, which advertise the tickets to the Live Nation venues and create radio content out of those touring bands. Sign with Live Nation, you get airplay. It's essentially the same business model of the old CCE, without the lawsuits from those pesky bands and record labels who believed that radio was supposed to support the label artists, regardless of whether or not they wanted to contract their tours to any one company.

Meanwhile, back at the ranch, the Mays boys sit on the Live Nation board of directors, drawing paychecks for their expertise. I'm afraid it's just a matter of time before they start getting that old itch to play the ponies and take the company public, or private, or into the bowels of destruction.

Hey, better luck next time, right?
 
TheBigA said:
Carmine5 said:
Radio, hotels, what's the difference? Business is business, right?
Click to expand...

No...revenue is revenue. You don't need someone from radio to manage revenue. Clearly, this is a weakness for a lot of experienced radio professionals. There are those who believe we broadcasters simply rent the airwaves from the public, so it's actually quite appropriate.
Click to expand...

And apparently a weakness of Clear Channel and many other owners who over-leveraged. Revenue management was never their strong suit. Any attempts to do it now are a day late a many billions of dollars short.
 
I wonder how long before it's impossible to rent a room at the Woodlands without purchasing concert tickets for the Pavilion? You know, synergy.
 
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