Eduardo - the blood-letting has started at Clear Channel!
On Jan 20, 4:16�pm, "David Eduardo" wrote:
"Commander Col. Klink" wrote in ...
On Jan 20, 2:58 pm, PocketRadio wrote:
Thousands being let-go, as CCU hides the news under Obama's election.
CCU and the rest of terrestrial radio is dying, with ad revenues down
now 50%. Next, they will pull the plug on IBOC, with not ROI afters
years of poorly-made investments! IBOC only served to line the pockets
of those iBiquity scammers! iBiquity started the layoffs, and now owes
$300,000 to the State of Md.!
It's another sad day for radio. Who knew there's more mean left on the
bone to scrap off..
It's the economy, stupid.
Radio is not off 50%... in fact, it is off far less than the stock market
is.
Today the Dow was off over 4%, the NASDAQ 6%. Circuit City closed and left
34,000 people jobless. Yet you worry about a reduction at Clear Channel with
less than 2000 let go.
1,850 fired - I love it!
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