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Thread: How does the economy/housing market affect Radio jobs?

  1. #51

    Join Date
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    Re: How does the economy/housing market affect Radio jobs?

    By the way about 10 years before Blair Gardner there was Night Time America

  2. #52

    Re: Just One Example

    Quote Originally Posted by SirRoxalot

    Yes, Farid was handsomely compensated for overpaying for ABC radio, which many outside observers attribute to EGO, not as a good business decision.
    That may be. Lots of others felt that ABC Radio was one of the few radio companies left that paid employees a good salary, was run well, and was more live & local than its corporate competitors like Clear Channel and Cumulus. It could equally be said that hiring an experienced person to be live & local between 7PM and 6AM is overpaying. It's a matter of opinion, and hindsight is always 20-20, as they say.

    Farid discovered, in a very brutal way, what many new owners are discovering, and that's that you can't run radio stations the way they were run 20 years ago. The lesson of ABC Radio is that perhaps Clear Channel and Cumulus aren't as stupid as everyone thinks.

  3. #53

    Re: Just One Example

    Quote Originally Posted by TheBigA
    Farid discovered, in a very brutal way, what many new owners are discovering, and that's that you can't run radio stations the way they were run 20 years ago. The lesson of ABC Radio is that perhaps Clear Channel and Cumulus aren't as stupid as everyone thinks.
    I submit that Farid is finding out that the Clear Channel and Cumulus model of borrowing big, then cutting programming and staff big to pay off the financing, is what's not working. Ratings are tanking, as are revenues. The stations were doing much better when local managers made decisions instead of having mandates dictated from the top down.
    Did I forget that <<sarcasm>> tag again?

  4. #54

    Re: Just One Example

    Quote Originally Posted by SirRoxalot
    The stations were doing much better when local managers made decisions instead of having mandates dictated from the top down.
    Do you really think ABC allowed local managers more freedom than Citadel? You have obviously never worked for ABC.

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