Bob Pittman is the most powerful man in Radio and now he is firmly in charge at Clear Channel and its 750 radio stations. We will feature Mr. Pittman on the cover of our December 5th issue. Changes are being made at radio's largest company, they are in the headlines nearly every day. New ideas are being instituted , new people are being hired and promoted and others are being let go. We've heard a lot about the "reduction-in-forces," and now it's time to hear the vision behind the changes. As Pittman enters his first full year in the drivers seat we'll ask him how expects to lead the radio charge out of a stagnant economic environment and into the digital future. Our December 6th interview will only be available in our print and digital editions.
(11/5/2011 11:39:38 AM)
As much as I resemble the "50+" category, Bob's points are well taken.
The management and ownership of C.C. and so many other corporate Radio business typhoons have completely disregarded the main mandates of Radio: To attract and hold the largest potential audiences while creating and delivering the most effective advertising possible on behalf of its clients.
If not so unnecessarily and obviously tragic - watching these people swapping out the cloth on the deck chairs, watering down the varnish on the frames and using all but the most essential of the remaining furniture as fuel for the fires that keep the boilers just barely making steam... would be funny.
"Funny" - not as in "LMFAO", but "funny" - as in "Call the cops!"
Clear Channel is 20 billion dollars in debt with a horrendous 9 to 1 debt-to-income ratio... much worse, they are run by "old men" (50+) like Pittman and MBA types, with old-school hardwire habits ... such as micro-managing salespeople and demanding they be "at the stations" every morning and afternoon-- why?! - to "make sure they're working?... Gee, THAT'S trusting your people, right??! ..And I guess they've never heard of CELL PHONES!! ... Dinosaurs. And we know what happened to them!
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