Any thoughts on whether the resignation of 5-year Radio One president Barry Mayo will have an effect locally?
One station I'm thinking of in particular is Jack-FM, since it is a rare non-Urban-flavored station in their national stable, and its progress has been slow (although anything other than a very slow build would have been a surprise under the circumstances). Pure speculation, but perhaps Mayo is the one who insisted the company try some non-Urban approaches, and Liggins didn't like it and is blaming him. Or conversely maybe Mayo fought against trying non-Urban and was goaded into it by Liggins. Or maybe neither of the above. Again, just speculating... I would note that he made his name in Urban AC, which is now having problems in many markets, especially on the revenue side.
I know Columbus is one of numerous markets that was listed as an earnings drag in R1's recent call. I thought it was curious that Columbus was mentioned second in that list of 5 or 6 declined-revenue markets, ahead of much bigger markets -- though they said nothing relating the list ordering to the magnitude of loss. Cincy was in the "earnings-up" list, BTW.http://www.radio-info.com/news/barry-mayo-radio-ones-president-of-radio-since-2007-has-resigned