As we sit on the cusp of major cuts at Clear Channel, with Citadel, CBS, and others likely to follow, it might be instructive to take a look at what happens when corporate dictates cuts without regard to local conditions...
"Slick" Tom Tiberi gets whacked at 97-Rock. Let's see what happened to the 7-midnight numbers on what has been the highest rated Classic Rock station in the nation:
25-54 Men: 97-Rock sinks to #4 in the market, with HALF of the shares that they had in the last book.
35-64 Men: 97-Rock sinks to #3 in the market, down 5.0 shares from what they had in the last book.
I'm sure that Citadel will be realizing so much in "savings" that profits will increase despite the decreased revenue, right?
Yeah, and monkeys will fly out of Farid's butt at noon today as he watches the inauguration.
"Slick" Tom Tiberi gets whacked at 97-Rock. Let's see what happened to the 7-midnight numbers on what has been the highest rated Classic Rock station in the nation:
25-54 Men: 97-Rock sinks to #4 in the market, with HALF of the shares that they had in the last book.
35-64 Men: 97-Rock sinks to #3 in the market, down 5.0 shares from what they had in the last book.
I'm sure that Citadel will be realizing so much in "savings" that profits will increase despite the decreased revenue, right?
Yeah, and monkeys will fly out of Farid's butt at noon today as he watches the inauguration.