The Hammer starts to fall at CC Austin

[MisterRadio]

So far, 3 people gone as of 10am. One programming, one sales, one promotions.

 

[TheGrant]

Who?

 

[Slambang]

It was a sad day for alot of people formerly of the CC empire. Seeing around 10% of your total workforce pinkslipped due to idiot managment and a mantra of voicetracking/syndie is the clear and present danger in this business. For all the folks who were dismissed either on the mic or behind the scenes, I feel for them and I have a feeling most will bounce back. Im thinking about doing this weeks show on the CC cluster-f (see sig below for link), because it needs to be said....

 

[captex]

i think they should get rid of the may's family at the top first, sell off all they stations at pennies on the dollar and give all they're hard working employees the salaries of the upper managemnt.and the upper management gets no salary. i don't think anybody needs to suffer losing thier jobs because of the stupid management system they got.

i would second a motion not to let any radio corp own any type of internet radio sites.

 

[bossbill]

A philosophical question:

If you operated a company and were losing money, exactly how would you cut expenses in order to stop losing money?

And on the revenue side, how would you counter the worst economy since the Great Depression?

 

[radioeye]

A philosophical question:

If you operated a company and were losing money, exactly how would you cut expenses in order to stop losing money?

And on the revenue side, how would you counter the worst economy since the Great Depression?

If your McDonalds, Wendys, Church's, Sonic etc... you introduce a value menu that people want at a price that anyone can afford. Clear Channel needs to find programming that people want at a price that anyone can afford.

Even Walmart, the 800lb gorilla retailer that most everyone hates, did better that most.

Less is more, unless you look at it the way Clear Channel does.

 

[RadioStarOne]

Clear Channel, the eight hundred pound gorrilla in the room is standing on two broken feet with more than twenty-four broken bones in each foot and the fall is going to loud, rough, horrific, and is going to shake the very foundations of the radio industry when it tumbles! The day is coming when all of Bain and Lee's Men and all of their horses cannot put humpty dumpty back together again! Bank on it!

 

[johnqdoe]

Clear Channel, the eight hundred pound gorrilla in the room is standing on two broken feet with more than twenty-four broken bones in each foot and the fall is going to loud, rough, horrific, and is going to shake the very foundations of the radio industry when it tumbles! The day is coming when all of Bain and Lee's Men and all of their horses cannot put humpty dumpty back together again! Bank on it!

CORRECT!!!!!!!!! Bain & Lee are in business to make $$$$. They tried like hell to get out of this CC deal. They couldn't. It's gotten worse. They simply cannot make a profit in radio. Stations will sell for pennies on the dollar. HOPEFULLY, the good guys can buy a station and burn the corporate mandates and realize what works.

 

[cm454]

HOPEFULLY, the good guys can buy a station and burn the corporate mandates and realize what works.

That is if CC doesn't drive people to alternate audio sources in the meantime---never to return to terrestrial broadcastr adio.


By the way...

Where's all the money going?

Was radio's business model so bad, that even after years of trimming the fat post-consolidation, they still have to ravage the remaining skeleton just to stay afloat?

How is that possible? We're talking about some individual staions with millions in annual revenue who have maybe 12 dedicated employees, if that---including sales! Most clusters have 1 or 2 people doing a job previously handled by 6 or 7.

 

[fakejohnhogan]

Clear Channel, the eight hundred pound gorrilla in the room is standing on two broken feet with more than twenty-four broken bones in each foot and the fall is going to loud, rough, horrific, and is going to shake the very foundations of the radio industry when it tumbles! The day is coming when all of Bain and Lee's Men and all of their horses cannot put humpty dumpty back together again! Bank on it!

OMG, so many metaphors and so little bandwidth! Apes with broken feet, something tumbling and then Humpty-Dumpty.

I need Oxycontin just reading that!

But well put.

FakeJohn
http://fakejohnhogan.blogspot.com

p.s. By the way, if you work for me, you're FIRED.