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FARID DETAILS HIS PLAN AT CITADEL

S

Skynet74

Asked how Citadel will cut expenses while making format and other changes, Suleman said one thing the company will be doing is to "streamline the sales structure so that you have people taking more ownership and possession of sales, rather than having a lot of management structures in place."

He also said Citadel is "trying to redeploy some programming expenses to ratings that, perhaps, are more revenue-related than truly ratings-related, so we're going to be more focused on ratings that bring revenue rather than ratings that bring ratings for the sake of ratings."

He continued, "Performance and rewards at the company, going forward, are going to change from what it has historically been in the past. People will only make bonuses and incentives if you make budget, and so there is an incentive to do that. And if you don't make it, then you don't get a bonus, and if you underperform the market, perhaps you won't be with the company anymore."


http://www.radioink.com/HeadlineEntry.asp?hid=141228&pt=todaysnews
 
John...with all of your chicken little routine this weekend, so far I have not heard ANYONE in Providence walk to the gas chamber. I may have missed something; but I heard everyone....Now as to Farid's comments, sounds like the sales department has been turning the programming dept on it's head with budgets and bringing in $$ or failing to do so....I think you will see some more GM's go away from a sales end and be more on the programming side. That is my opinion on his comments...we'll have to see
 
Farid Suleman is quickly becoming the Les Moonves of Citadel.

Jerry DelColliano posted a VERY interesting article about our friend Farid. It's a must read, especially if you're currently employed by Citadel. In fact, all of his recent articles are must reads. This man is probably the most brilliant radio mind out there (no disrespect to Holland Cooke!).

http://insidemusicmedia.blogspot.com

Bookmark his blog, read often, and learn.
 
wknd92 said:
John...with all of your chicken little routine this weekend, so far I have not heard ANYONE in Providence walk to the gas chamber.
Click to expand...

This isn't all going to happen everywhere overnight my little pumpkin. It's happening market by market. Let's see what transpires over the next few weeks. San Francisco just got slammed today. How much longer until Providence comes up on Farid's list? He probably has a calender in front of him with a targeted market each day. Is PROVIDENCE written in for the 5th or the 21st? Only time will tell.
 
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