Insiders confirm that Spencer was shown the door yesterday. Declines at Rock 103, an inability to grasp what worked on WREC (helping Mike Fleming and Ben Ferguson out the door in favor of Andrew Clarksenior, who they killed in favor of a syndicated show), and a general unwillingness to understand the four urban station he was also responsible for contributed to his demise. Probably the same reasons they got rid of Ralph Salierno, the Director of Sales a few weeks back. CCR took 50 cents out of every radio advertising dollar spent in the Memphis market back in 2008. Last figures have them down to 43%....and that translates to being roughly a million bucks behind where they were at this time last year. Ratings translate into dollars, and when the sales dept. can't sell it, and the programming dept. can't deliver, it's time for a change. Spencer canned some great and good talent over the years....Drake and Zeke, Dennis and Ric, Jarman, and the afore mentioned Fleming and Ferguson. In the process, he gave fuel to his competition that ultimately burned him. Given the performance, GM Oppenheimer has a few months grace period to replace Spencer and come up with a plan to resurrect Rock 103 and WREC....or he'll be joining the ranks of the unemployed too.