“Six months ago, if you’d have told me I could refinance $850 million worth of subordinated debt at 10%, I’d have looked at you like you were crazy…the demand for its debt is a sign of confidence.” There’s finance and then there’s FINANCE. There’s debt and then there’s DEBT. In this case subordinated debt. The…
God bless them. Harry Caray, Jack Brickhouse and Lou Boudreau just rolled over in their graves. WGN Radio will no longer broadcast the Chicago Cubs. This is big. I speak from experience few people in the radio industry have. I am one of the few who has managed and programmed a station that is a…
Historically, record companies, its labels and performers have had a pretty good deal with radio. Radio gives the labels free advertising for their songs, while the labels give radio the tunes to play free of charge, excluded music licensing fees that pay composers. A quid pro quo as they say in Latin. Or as they…
Each Memorial Day weekend downtown Cincinnati is home to a HUGE gathering of people. It’s our community’s way of saying adios to winter and kicking off a summer filled with festivals, socializing with friends and neighbors, eating and drinking beer. Lots of beer. This past weekend “Taste of Cincinnati” celebrated its 36th annual party on…
I am one of the last believers in AM radio. I love the medium. It kills me to see the shape it’s in today. It didn’t have to be this way. A number of months ago I wrote a blog that received a lot of positive and negative reaction within the radio industry. The FCC…
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