
The two largest radio companies in America, Cumulus and iHeart Media are BANKRUPT. This means they don’t make enough or have the money to pay their bills and cannot or will not honor their financial commitments.
Translation: If you’re going down, you might as well go down in a memorable way. Donald Trump sure is memorable and the same could have been said about talk radio some 20 years ago. Conservative talk radio and the Republican party are connected, once again trying to energize their common “base.” Each are equally disconnected…
Bob Pittman, the head of iHeart Media, said this when announcing the company’s name change from Clear Channel Media + Entertainment. I can’t imagine former Clear Channel CEO Randy Michaels ever saying something like this. Ouch. It’s going on three years since the Federal Communication Commission (F.C.C.) announced plans for “AM Revitalization.” Then, late last year, the…