radio-darn
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« Reply #30 on: April 15, 2012, 12:44:23 AM » |
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Exactly why CC is pushing iHeartRadio so hard.
Smoke and mirrors to make naive investors and analysts believe that Pittman knows what he's doing. |
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PAID PRONOUNCER AT KLTZ - KKGF - KUDE - KOWN - KPRI - KCBQ - KHJ - KRLA - KABC - KOGO - KCNN - KSON - JAMMIN' Z-90 - KPLN - ETC.
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radiojomo
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« Reply #31 on: April 15, 2012, 12:56:04 AM » |
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And isn't it sad... CC will someday be a series of voice tracked channels, one for every format.
Well, that's the future of radio. Not necessarily because it has to be that way, but mainly because of poor decisions CC made, they'll just consolidate everything into having a few people run every radio station they own, doing all their business in one major office in San Antonio. |
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Bug on the rug
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« Reply #32 on: April 15, 2012, 06:58:45 AM » |
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CC's terrestrial music stations are turning into satellite radio music channels. Like you said, just a few people employed to run a multitude of stations. That's where iHeart Radio comes in. Who wouldn't want satellite radio for free albeit with spots!!? Meanwhile, talk and news programming budgets will remain shoestring.
So, class, does anybody really believe CC is done consolidating and won't cut any more employees?
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« Last Edit: April 15, 2012, 07:01:33 AM by Bug on the rug »
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TheBigA
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« Reply #33 on: April 15, 2012, 07:15:15 AM » |
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CC's terrestrial music stations are turning into satellite radio music channels. THat's what people thought ten years ago when CC bought all the stations, and it didn't happen. |
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calguy
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« Reply #34 on: April 15, 2012, 08:24:19 AM » |
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CC's terrestrial music stations are turning into satellite radio music channels. THat's what people thought ten years ago when CC bought all the stations, and it didn't happen. But if you see what's being done at CC right now, it's already under way. Just give it time. Personally I think that those running CC are delusional. I don't believe they'll ever be able to pay down the 20 plus billion dollars by cutting costs alone... |
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TheBigA
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« Reply #35 on: April 15, 2012, 08:45:05 AM » |
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I don't believe they'll ever be able to pay down the 20 plus billion dollars by cutting costs alone...
That's not what they're doing. Just like the US can't cut itself to saving $16 trillion. Not gonna happen. |
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radiojomo
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« Reply #36 on: April 16, 2012, 10:33:39 PM » |
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CC's terrestrial music stations are turning into satellite radio music channels. That's what people thought ten years ago when CC bought all the stations, and it didn't happen. Ever heard of "Premium Choice"? CC is only going to expand that programming idea as time progresses, revenues stay flat and that big doomsday to pay off all that debt comes along. I mean, it's not like the audiences know the difference between voice tracking and a local DJ! |
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TheBigA
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« Reply #37 on: April 16, 2012, 11:23:54 PM » |
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Ever heard of "Premium Choice"? CC is only going to expand that programming idea as time progresses, revenues stay flat and that big doomsday to pay off all that debt comes along.
Do you know what Premium Choice is? It doesn't come from San Antonio, or any other centralized place, like satellite radio music channels. "Revenues stay flat?" Do you have a date when they will return to where they were 20 years ago? Because until then, ALL companies will need to cut expenses, regardless of the debt they're carrying. As I've been saying throughout this thread, operating costs are going up, revenues are staying the same, so personnel takes a hit. This has nothing to do with 2014. That's a whole 'nother deal. |
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radiojomo
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« Reply #38 on: April 17, 2012, 01:50:55 AM » |
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Do you know what Premium Choice is? It doesn't come from San Antonio, or any other centralized place, like satellite radio music channels.
"Revenues stay flat?" Do you have a date when they will return to where they were 20 years ago? Because until then, ALL companies will need to cut expenses, regardless of the debt they're carrying. As I've been saying throughout this thread, operating costs are going up, revenues are staying the same, so personnel takes a hit. This has nothing to do with 2014. That's a whole 'nother deal.
Premium Choice might not be centralized from one studio in San Antonio, but it is consolidation. Basically using a handful of DJs to create content for all radio stations around the country. That's consolidation. This idea will only evolve as CC sees that it'll reduce costs. That's what's at hand here. Consolidation is the future of Clear Channel. |
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TheBigA
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« Reply #39 on: April 17, 2012, 07:35:59 AM » |
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Basically using a handful of DJs to create content for all radio stations around the country. That's consolidation. This idea will only evolve as CC sees that it'll reduce costs. That's what's at hand here. Consolidation is the future of Clear Channel.
But the key is that revenues are staying flat. You can't pay for people when revenues aren't growing. That's not just a CC problem. It's a problem everywhere, including companies w/o debt like Mt. Wilson. It's also a problem for lots of things besides radio, including federal, state, and local governments. As for Premium Choice, it's a whole lot more than a handful. More like hundreds, and those DJs get to be heard in lots of markets, which is great for those DJs. People don't get in this business to be hometown heroes. |
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