> > Tony Renda has no mind, at least not for radio. Anyone
> who
> > would blow over half a million dollars tearing up channel
> > four's front yard for a new building and end up keeping
> the
> > one he's already in, shows what kind of real businessman
> > Renda is.
> >
> > He's run off all the talent that made his okc operation a
> > cash cow and now is busting chops in tulsa. And this is a
>
> > guy who blows his stack over whether an employee is making
>
> > 10 versus 9 dollars an hour.
> >
> > Go get em JC.
> >
> >
> >
> > > 15 year GM Pat Bryson has been let go. New GM takes
> office
> >
> > > Monday. Owner Tony Renda has lost his OKC GM(quite), 2
> > sales
> > > managers(quit) and now fired Tulsa GM in ONE week. He's
> > lost
> > > his mind.
> > >
> >
>
> You'd think he'd stick to just screwing up OKC...... One
> disaster at a time. Why fire Bryson now? Hell, was 16
> years ok, then all of a sudden she wasn't good enough? I
> can't figure out the logic on this one.
>
> Here's what I think must be happening. Things must be
> getting a bit unconfortable for Tony with his
> creditors/bank. He's taking some pretty bold steps to
> "correct" the "problem" that are mighty risky, in my book.
> In his mind, he's "fixing" the problems. However, as most
> of us know, too many changes, even if they are positive
> changes, all at the same time spells disaster. Taking into
> account many of the people that have left/been eliminated
> from his company lately were good, seasoned, professionals,
> I'd say it's unlikely the changes are even positive, really.
> If I were his bankers I'd be loosing a LOT of sleep over
> his antics.
>
You know something? It's possible that maybe he is slashing his payroll to save money, and pay short-term bills that are coming due (or creditors that are pounding on his door), who knows? Sometimes when a business owner feels a sense of desperation---be it a restaurant owner or a radio station(s) owner---that owner will start cutting costs wherever he can, and he'll do it quickly!! Usually the first thing to go are raises and/or company perks. Then expenses for various items and such that each station is used to having at its disposal are slashed. You know, like staples for the stapler. Coffee filters for the coffee machine, etc. And then.......payroll itself gets slashed! Those who make the biggest bucks tend to go first.---Not always, but usually.
Now I'm not saying that I know for sure what he's doing--or that I agree with what he is doing---but I'm just speculating.
> And yes... JC is going to give TR one hell of a ride
> downhill. Letting JC go might have been the stupidest thing
> TR has EVER done. (and that my friends is REALLY saying
> something)
>
> One thing about all this is that after TR gets though
> flushing his company down the pooper, he might have another
> opertunity to make some bucks. He could get with a
> publisher and write a book called, "How to Turn Your Radio
> Company Into a Tax Write-Off Within a Year.. 10 Easy Steps!"
> It could be required reading for others that don't want to
> go the way of that dodo bird.
>