Category: Wall Street

iHeart Media’s “Momma Ain’t Happy”

You know what they say, “If Momma ain’t happy, ain’t nobody happy.” ¬†Generally speaking this phrase, from America’s south, means a “family” looks to Momma¬†to keep it organized and functioning. If someone gets out of line, Momma will not be pleased. For iHeart Media, two of their “Momma’s” are investment bank Goldman Sachs and a…

Wanna Buy a Radio Station Really Cheap?

It’s been almost 20 years ago since the Federal Communications Commission (F.C.C.), the National Association of Broadcasters (N.A.B.), Congress and then President Bill Clinton all teamed up to reinvent broadcasting with the historic Telecommunications Act of 1996, the first major rewrite of regulations since the 1930’s. With this combined brain power and political and business…