Category Archives: Radio Owners

Johnny Donovan and Cumulus split up

Posted on May 22, 2015 by Fred Stiening

Radio Online Totally no surprise here. Johnny has been at WABC in New York so long that he was there playing music back in the days before Rush Limbaugh. For those keeping score at home, Donovan’s voice is heard on … Continue reading →

Posted in Cumulus Media, Rush Limbaugh | 5 Comments

Rose has Landed

Posted on May 12, 2015 by Fred Stiening

As long time readers know, Disney Radio decided to get out of Radio and sell off its overpriced major market AM stations. Salem Radio has been one buyer anxious to buy at the fire sale in markets where they don’t … Continue reading →

Posted in Radio Biz, Salem Radio, Talk Radio | 8 Comments

The new Big Cheese at Cumulus

Posted on April 29, 2015 by Fred Stiening

Jeff Marcus Crestview Media Parterns is the largest stockholder in Cumulus. He was just named as the Chairman of the Board in a “non-executive” role, and Lew Dickey was given a three year contract extension. The wording of the press … Continue reading →

Posted in Cumulus Media, Uncategorized | 1 Comment

What is a “Reverse Morris Trust”?

Posted on February 25, 2015 by Fred Stiening

http://en.wikipedia.org/wiki/Reverse_Morris_Trust When Disney wanted to unload ABC Radio (selling it to Citadel), they used a Reverse Morris Trust – the same mechanism is probably in play for the CBS Radio spinoff to Cumulus Media if it happens. This is pretty … Continue reading →

Posted in CBS, Cumulus Media, Radio Biz | Leave a comment

Upheaval at Clear Ch… Err iHeart

Posted on February 25, 2015 by Fred Stiening

All the important people that work for iHeart Media were summoned to a meeting with Bob Pittman. They knew it would not be to discuss the Oscar awards. Clear Channel is $20 billion in debt and as sick as Sumner … Continue reading →

Posted in Collapse of America, IHeart Media, Low Power FM, Radio Biz | 2 Comments

The CBS rumor is baaaack!

Posted on February 25, 2015 by Fred Stiening

You may be aware that the vultures are circling around Sumner Redstone, the uber progressive that has a controlling interest in both CBS and Viacom Les Moonves (who runs CBS) is making his move – hoping to leverage CBS to … Continue reading →

Posted in American Politics, CBS, Radio Biz | 2 Comments

Roger Hedgecock’s whopper

Posted on February 6, 2015 by Fred Stiening

And I don’t mean nitric oxide pills.. On the day Roger Hedgecock spent most of the show talking about Brian Williams making things up, first Roger got punked by some kid making up a story about “Duke Kelly”, a guy … Continue reading →

Posted in American Politics, CBS, Collapse of America, Radio Biz | 2 Comments

A strange day for radio

Posted on February 2, 2015 by Fred Stiening

Who knew? Andy Parks was on WWRC-AM in Washington DC because the Washington Times newspaper was paying Salem Radio. Salem needs more revenue than the Washington Times was willing to pay, so he is history. Salem doesn’t subscribe to Neilsen … Continue reading →

Posted in Salem Radio, Syndicators, Westwood One | 1 Comment

“White Label” News

Posted on December 30, 2014 by Fred Stiening

January will see the arrival of the much anticipated generic top of the hour news. Cumulus is dropping ABC News and Westwood One (owned by Cumulus) ended NBC Radio News on December 14th. To save costs, Cumulus will be using … Continue reading →

Posted in Cumulus Media, Radio Biz, Westwood One | 2 Comments

The Murder of ABC Radio

Posted on December 22, 2014 by Fred Stiening

The major market ratings came out today. The suffocation of the former ABC AM radio stations continues * New York * WABC-AM – 1.5% share (-0.3) Now half the audience of NPR WNYC-FM WPLJ-FM – 2.1 (-0.4) OK, it’s FM … Continue reading →

Posted in Cumulus Media | 1 Comment