Clear Channel Communications will next week begin implementing a massive restructuring plan that seeks to cut $400 million in costs at the company. The company is also likely to move toward a "national programming" model that would require less local-level staffing.
Next Tuesday day President-elect Barack Obama is to be sworn into office.
What a bunch of smooth operators.
I thought there was nothing else left to cut as most operations are now bare bones.
I wonder how this will effect NH? Where you guys are in the throws of winter and listeners depend on radio for weather and school cancellations.
Actually I figure radio's consolidator clones, will follow the actions of CC. So more stations will become repeater radio.
http://www.nypost.com/seven/01162009/business/clear_channel_plans_revamp_150374.htm
Next Tuesday day President-elect Barack Obama is to be sworn into office.
What a bunch of smooth operators.
I thought there was nothing else left to cut as most operations are now bare bones.
I wonder how this will effect NH? Where you guys are in the throws of winter and listeners depend on radio for weather and school cancellations.
Actually I figure radio's consolidator clones, will follow the actions of CC. So more stations will become repeater radio.
http://www.nypost.com/seven/01162009/business/clear_channel_plans_revamp_150374.htm