As CC made cuts in Cincinnati, there is this small blurb from Tom Taylor's newsletter. A Radio good Guy who shared some of his wealth to his employees unlike some who save it's pennies so the CEO can have a private jet.
http://somethinglikenothing.net/ttn/ttn-11302012.html
Bill and Sue Dalton spread the wealth in Cincinnati, too.”
A NOW reader, seeing yesterday’s story about the Daltons sharing some of the proceeds with employees when they sold their Charlotte station, offers this anecdote – “The Daltons did the same thing when they sold oldies WGRR in Cincinnati for $30 million, distributing a major pile of money. I heard that one of the ‘GRR guys bought a boat with part of the money, and named it ‘The Dalton Queen.’” He says “Somebody estimates the distributions had to be somewhere between $2 million and $3 million. What a concept – owner shares the bounty, unannounced.” These stories come up as the industry remembers the many contributions of Bill Dalton, who died just before Thanksgiving at age 80.
http://somethinglikenothing.net/ttn/ttn-11302012.html
Bill and Sue Dalton spread the wealth in Cincinnati, too.”
A NOW reader, seeing yesterday’s story about the Daltons sharing some of the proceeds with employees when they sold their Charlotte station, offers this anecdote – “The Daltons did the same thing when they sold oldies WGRR in Cincinnati for $30 million, distributing a major pile of money. I heard that one of the ‘GRR guys bought a boat with part of the money, and named it ‘The Dalton Queen.’” He says “Somebody estimates the distributions had to be somewhere between $2 million and $3 million. What a concept – owner shares the bounty, unannounced.” These stories come up as the industry remembers the many contributions of Bill Dalton, who died just before Thanksgiving at age 80.