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JOEL & RICK FIDDLE WHILE SYRACUSE BURNS

R

RomeToupee

From Tom Taylor on RADIO-INFO.com:


How anxious are Clear Channel investors?


They’ve been calling me and other folks here in Atlanta, asking “Are there any Clear Channel people at the RAB?” (Answer: nope, haven’t seen a single one, though I’m told research maven Jess Hanson is here in the Hyatt Regency. And some CC-owned vendors are set up in the Exhibit Hall.) And then they ask “What are you hearing about the deal to go private?” Answer: nothing new. One dealmaker here says “I must have gotten five calls today from Wall Street guys.” As far as Clear Channel sending sales execs to the RAB: it and other very large groups long ago started creating their own conventions and their own sales training (though they may incorporate some elements of RAB courses). So what you see at the annual RAB shows now is a mixture of folks from small and medium-size owners (group heads, GMs, GSMs, AEs), with a smattering of top execs from the large groups (I spotted CBS Radio’s Scott Herman at the opening cocktail party), and then lots of vendors. Back to Clear Channel – the stock did rise yesterday, up 92 cents to $29.71. But it’s still below the $30 level. And still nearly 10 bucks below the Bain/Lee offering price of $39.20.

hmmmm guess who's at the RAB...do their bosses know?
 
Must be discouraging to see the fat cats enjoying an all-expense paid getaway while you're worried if you're even going to have a job after May.
 
FredFriendly said:
Must be discouraging to see the fat cats enjoying an all-expense paid getaway while you're worried if you're even going to have a job after May.
Click to expand...

Yeah, it must be almost as discouraging as working for Ed, wondering if you'll be the next target of a hissy-fit.
 
B has its own GSM? Most clusters have one GSM for the entire cluster. You'd think this would be one place where CC could afford to NOT replace the vacancy, and hopefully allow 2 or 3 extra peons down on the first floor to keep their jobs next time Bain--er, Lowry & Mark order another round of budget cuts.

Besides, what about that big "hiring freeze" memo from John Hogan?
 
The hiring freeze does not apply to Syracuse.They operate "differently".
 
bartstar said:
CC syracuse on a hiring freeze. Moved the girlfriend to the post. It pays to play!
Click to expand...

I assume you are referring to a certain jock who does at least 15 airshifts a day and got moved to "news anchor" on SYR because she's married to the PD? They should just tear down the transmitter and sell it for scrap. That station (570) is in the crapper. Do they even have any newspeople working there anymore?
 
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