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for sale?

D

dominic

Fisher radio seems to be losing people/people being cut at an alrming rate, anyone know who's shopping for some stations?
 
When Colleen Brown was hired as President/CEO in 2005, one of her first orders of business was to get Fisher Radio (as well as TV) back into profitability. That went into full-effect when Larry Roberts replaced Rob Dunlop as VP/GM, while Rob moved to another part of Fisher Plaza. That's probably one reason for any cut backs. As far as selling broadcast properties go, last year Fisher Radio sold its small market stations for a nice $33M.
 
Some rumors have a life cycle of a couple of days or weeks. This one has been ongoing for YEARS! Strategically, selling the radio cluster would seem a good idea. Fisher could then focus on TV which they have been expanding into. But there are so many other considerations none of us know anything about ranging from taxes to board egos. Till it's filed with the FCC anything you hear is wild speculation.
 
Morale in both the TV and radio divisions is lower than ever. Many employees are dissatisfied with the new news director of TV, and the old PD of radio. (This is not speculation.)
 
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