Atlanta's Greatest Hits failed because Cumulus, like most corporate radio, is all about pinching pennies and sticking to their radio in a can drag and drop model.
No real talent, ditching Randy and Spiff, and a playlist that while decent, was devoid of deep cuts. The station had very dull imaging when compared to successful classic hits stations (e.g. CBS101 in NYC). Quite frankly, it sounded like a low budget satellite fed operation with no real direction.
It is clear the Cloud Company used it as a placeholder.
The statements about Classic Hits not being a viable format is indicative of what is wrong with the corporate attitude and radio industry in general. younger audiences (under 25) aren't listening to radio, they are online, on their Iphones, Facebook, etc. Their income is largely that of their PARENTS who are in the 35-55, and DO still listen to radio.
But rest assured, as I've said before, the corporate radio industry is on a suicide mission. Those 35-55 y.o.'s are asking their children, nieces and nephews how to get the music WE want to hear on our Iphones and Blackberries, since corporate radio isn't interested in what WE want to hear anymore.