R
rapking
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The Tribune Company has filed for bankruptcy protection.
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I guess Steve & Garry won't be doing PM Drive.
You can't fault him for taking the risk but the comment about creating a new level of "renaissance and a new level of health, happiness, well being and prosperity with the people and brands of Tribune." is priceless.
Effective April 1, I will be heading to Chicago. My new email (After April 1) will be: [email protected]
Heard a lot of rumors about why I am leaving XM for the Tribune. There is only ONE reason: A remarkable opportunity. I guess I have this thing for danger. Going with FM at a time when FM was literally housed in closets playing Doctors Office music...Going with XM at a time when no-one said people would pay for radio (almost 20 million are FYI)...and now going to a business that some say is on life support. I think Randy Michaels, myself and the people I'll be working with are pretty good media surgeons...with high confidence that we'll do our part to help create a renaissance and a new level of health, happiness, well being and prosperity with the people and brands of Tribune. Lofty words, but that’s the plan. THAT'S why I am leaving XM. It has NOTHING to do with: Mergers, Firings, or any other high drama. The Tribune mission is an opportunity that you just can't pass up.
Effective April 1, I will be heading to Chicago. My new email (After April 1) will be: [email protected]
Heard a lot of rumors about why I am leaving XM for the Tribune. There is only ONE reason: A remarkable opportunity. I guess I have this thing for danger. Going with FM at a time when FM was literally housed in closets playing Doctors Office music...Going with XM at a time when no-one said people would pay for radio (almost 20 million are FYI)...and now going to a business that some say is on life support. I think Randy Michaels, myself and the people I'll be working with are pretty good media surgeons...with high confidence that we'll do our part to help create a renaissance and a new level of health, happiness, well being and prosperity with the people and brands of Tribune. Lofty words, but that’s the plan. THAT'S why I am leaving XM. It has NOTHING to do with: Mergers, Firings, or any other high drama. The Tribune mission is an opportunity that you just can't pass up.
I can see it now: throwing frozen turkeys out of an airplane flying over Chicago.
I know, you're going to go after the youthful listener.
You'll have a line up of Kevin Matthews, Steve Dahl, Bob Sirott and all the rest. They will talk happy talk. You'll carry the Cubs but dump the 'Hawks. The demo's will require it.
Because young people do not listen to news, cut that. Look at the money fsave or Randy Michaels buddy, Sam Zell!
It will be exciting alright.
I know, you're going to go after the youthful listener.
You'll have a line up of Kevin Matthews, Steve Dahl, Bob Sirott and all the rest. They will talk happy talk. You'll carry the Cubs but dump the 'Hawks. The demo's will require it.
Because young people do not listen to news, cut that. Look at the money fsave or Randy Michaels buddy, Sam Zell!
It will be exciting alright.
But Zell evidently isn't. Observe:
http://www.businessweek.com/bwdaily...08/db2008128_376528.htm?campaign_id=rss_daily
http://www.businessweek.com/bwdaily...08/db2008128_376528.htm?campaign_id=rss_daily
To say The Tribune is broke may be bad semantics.
The Tribune is having a liquidity problem might be more accurate.
Interesting observation: When Sam Zell put the deal together it was known that he planned to spin off some parts of the Tribune empire which would make the empire "more liquid".
On Monday, Tribune files for protection... using the section of the law that let's them keep impatient creditors from stampeding during the workout process.
On Tuesday, the shoe falls on the Illinois governor, and we learn that one of the things he is accused of is making it impossible for Sam Zell to spin off the Cubs unless he "greased the governor's palm."
I'm gonna' go fix a lemonade and climb into my favorite chair. This should be a good show.
The Tribune is having a liquidity problem might be more accurate.
Interesting observation: When Sam Zell put the deal together it was known that he planned to spin off some parts of the Tribune empire which would make the empire "more liquid".
On Monday, Tribune files for protection... using the section of the law that let's them keep impatient creditors from stampeding during the workout process.
On Tuesday, the shoe falls on the Illinois governor, and we learn that one of the things he is accused of is making it impossible for Sam Zell to spin off the Cubs unless he "greased the governor's palm."
I'm gonna' go fix a lemonade and climb into my favorite chair. This should be a good show.
adbuyer1 said:
Best of luck to you. It's a big challenge, that is for certain!
One thing you can say about WGN is that they are live all the time with local people,even overnights. There are not too many radio stations that do that anymore. There is also no best of's either. They are still doing radio the way it use to be done.
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