Well, it was never a very nice family, but check out the last 3 paragraphs of this antique:
http://atlanta.bizjournals.com/atlanta/stories/1997/06/02/story4.html
http://atlanta.bizjournals.com/atlanta/stories/1997/06/02/story4.html
pocket-radio said:Dreams of radio like it once was may return..
Citadel is close to going bankrupt..
Clear Channel is close too.
and more will follow..
If you think things are bad now, just wait until first quarter when everything stops
and nobody has any money..
pocket-radio said:Dreams of radio like it once was may return..
Citadel is close to going bankrupt..
Clear Channel is close too.
and more will follow..
If you think things are bad now, just wait until first quarter when everything stops
and nobody has any money..
Stewy said:Make a ham sandwich and come sit with me on the courthouse steps Pocket, as you point out, we haven't much longer to wait.
TheBigA said:Wait for what? Godot? Unless you plan on buying some stations, don't waste your time waiting for the past to return. And the past was not as good as you think it was.
SirRoxalot said:Well, the present is Kafka-esque. Whatever comes after the consolidator implosion won't be like the past, but it ain't gonna be worse for the myriad talented people who are out of work because the consolidators can't afford their debt service.
SirRoxalot said:Yet, oddly, most media watchers report that small and medium market stations are doing better coping with the recession than major market stations.
Most of the small and medium market stations had a broader base of advertisers, and revenues were based on relational sales rather than transactional sales. Smaller markets have always been more flexible that major markets.
SirRoxalot said:Well, the present is Kafka-esque.
SirRoxalot said:it ain't gonna be worse for the myriad talented people who are out of work because the consolidators can't afford their debt service.
TheBigA said:SirRoxalot said:Well, the present is Kafka-esque.
Waiting for Godot was Samuel Becket, not Kafka.
TheBigA said:SirRoxalot said:it ain't gonna be worse for the myriad talented people who are out of work because the consolidators can't afford their debt service.
If they're really talented, they should be able to start their own businesses and declare independence from the corporate dole. The only ones who really need the regular check are the ones who can't make it on their own. There are lots of opportunities now, more than ever, as an outside contractor. But you need to have documented talent, and you can't have burned bridges.
SirRoxalot said:There's NOTHING in radio these days because you work in a market where all the stations that pay a living wage are owned by consolidators, and they've cut into the marrow in order to try and stave off bankruptcy a little longer.
SirRoxalot said:Or, do you sweat it out, knowing that the market for your services is very likely to get better when the consolidators collapse and people whom you know very well get back into the radio game when radio station values come back down to realistic numbers?