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How Now clear Cow?

davideduardo

davideduardo

Moderator/Administrator
Staff member
When with the remaining Clear Channel X stations split off to a new operator?

Anyone want to make a guess? I'll start with July 18th, Monday, two weeks from now.
 
Sounds like a "Stay Tuned" kinda thing...

> When with the remaining Clear Channel X stations split off
> to a new operator?
>
> Anyone want to make a guess? I'll start with July 18th,
> Monday, two weeks from now.
>
 
> Anyone want to make a guess? I'll start with July 18th,
> Monday, two weeks from now.

Officially, the DoJ has given Clear Channel Communications (i.e. THE FIRM) until September of 2006.

However, the street buzz -- and fueled with the non-annoucement of the announcement of XETRA-AM 690 being $old to a Spain-based media giant -- has David's timetable on track.

Wall Street freaks are beating up on radio right now; and there is a move by ABC/Disney, Infinity and others, to buy/sell/shrink the nation radio skyline of owners.

Stay Tuned as many sites will have all the news before it hits the fan (and available HDRadio and in ((Stereo)) where available).

See YOU on the radio .....
 
> Sounds like a "Stay Tuned" kinda thing...
Yeah, but I think this one is in IBOC, and I don't have an HD receiver yet...LOL
 
> Wall Street freaks are beating up on radio right now; and
> there is a move by ABC/Disney, Infinity and others, to
> buy/sell/shrink the nation radio skyline of owners.

Never, ever, EVER work for a public company. They're full of accounting goblins who don't grasp the fact that you cannot continue to GROW revenue at a steady 30% per annum... and the stockholders are even worse.

- Doc
 
Re: Public or Private or Mine?

> > Wall Street freaks are beating up on radio right now; and
> > there is a move by ABC/Disney, Infinity and others, to
> > buy/sell/shrink the nation radio skyline of owners.
>
> Never, ever, EVER work for a public company. They're full of
> accounting goblins who don't grasp the fact that you cannot
> continue to GROW revenue at a steady 30% per annum... and
> the stockholders are even worse.

I have worked for the three major possibiliets:

Stations I owned myself
Privately owned stations
Publicly owned stations.

When I owned stations, I often had the difficult decisions of taking a vacation or buying a new transmitter. The business nearly always won, and I ended up with nothing after a military government siezed them.

Privately owned stations have no way of using equity to get capital, so everything is about the loan payments. This is a much bigger pressure than seing the stock price go down.

Public corporations have a bunch of advantages, such as better insurance coverage, better 401-k matching, better vacation policy and more opportunities for advancement.

Each has its set of good and bad things. But none is perfect, and none is totally without merit.
 
It's clear on this channel .....

Street Buzz: August 1, 2005, A.D.*


*Standard Disclaimers Apply, please no wagering.
 
Re: Public or Private or Mine?

I know what he's talking about with public held co's though. I went back to work for 2 weeks here at a tv station, until I realized how bad it was. Paperwork for everything, but NOTHING was getting fixed! Everybody got paycuts, and nobody was happy. The company was Millions of dollars in debt on day one, with nothing to show for it.
There may be advantages, but not in a small market like Amarillo or Midland Texas (uh, and points between).

> > > Wall Street freaks are beating up on radio right now;
> and
> > > there is a move by ABC/Disney, Infinity and others, to
> > > buy/sell/shrink the nation radio skyline of owners.
> >
> > Never, ever, EVER work for a public company. They're full
> of
> > accounting goblins who don't grasp the fact that you
> cannot
> > continue to GROW revenue at a steady 30% per annum... and
> > the stockholders are even worse.
>
> I have worked for the three major possibiliets:
>
> Stations I owned myself
> Privately owned stations
> Publicly owned stations.
>
> When I owned stations, I often had the difficult decisions
> of taking a vacation or buying a new transmitter. The
> business nearly always won, and I ended up with nothing
> after a military government siezed them.
>
> Privately owned stations have no way of using equity to get
> capital, so everything is about the loan payments. This is a
> much bigger pressure than seing the stock price go down.
>
> Public corporations have a bunch of advantages, such as
> better insurance coverage, better 401-k matching, better
> vacation policy and more opportunities for advancement.
>
> Each has its set of good and bad things. But none is
> perfect, and none is totally without merit.
>
 
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