More Stuff Joel Delmonico Doesn't Want You to See

[RomeToupee]

That John Hogan memo was partly the work of outside consultants.
Yes, Wall Street Journal blogger Matthew Karnitschnig says last weekend’s “waves of panic that CC was in trouble and its $19 billion buyout [was] in jeopardy” had a shared parentage. He says “it isn’t all poor Mr. Hogan’s fault. The now-infamous email was approved by Clear Channel’s private equity buyers at Bain Capital and Thomas H. Lee Partners.” Not only that: he says Bain and Lee “have dispatched a large team of consultants and other experts to San Antonio to help run the business.” I’ll just pause for a second and let that sink in. The would-be buyers are already helping to “run the business” at Clear Channel.

[ In the future, please provide a URL to the originating source as courtesy][color]

 

[SirRoxalot]

Forward Looking Statement

Gee, that should give you a little insight to the plans that they have for the "new" company.

Apparently Bain & Lee are unaware of the "Cheap Channel" appelation already laid on their prospective new property, and believe that more "economies of scale" are to be had.

Time for Clear Channel competitors to ramp up the programming and promotions budgets. There's opportunity here. Soon-to-be-former CC employees will be available at reduced rates.

 

[BobRoss]

Not only that: he says Bain and Lee “have dispatched a large team of consultants and other experts to San Antonio to help run the business.” I’ll just pause for a second and let that sink in. The would-be buyers are already helping to “run the business” at Clear Channel.

Definitely some very good information. But if you're gonna copy stuff word-for-word from another source, you should cite it. That was directly out of Tom Taylor's "Taylor on Radio Info" column this morning.