Cumulus 3Q: Revenue up 2%, EPS down 94%

Posted on October 30, 2013 by Fred Stiening

Sweetjack is starting to get traction. Woof woof

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8 Responses to Cumulus 3Q: Revenue up 2%, EPS down 94%

  1. briand75 says:
    October 30, 2013 at 3:14 pm

    Hmmm – almost insignificant increase in revenue and a horrible EPS result. Call the Doctor – this looks like a DOA.

  2. CC1s121LrBGT says:
    October 30, 2013 at 4:22 pm

    Wow. Paying too much for content. Gotta accelerate the cost cutting 🙂

    • Art Stone says:
      October 31, 2013 at 9:20 am

      I started writing a blurb titled “what will Cumulus do with Westwood One?”

      WWOne/Dial Global has Dirk Van & Jim Bohannon competing in the morning. They have the Progressive Talk lineup – Press, Schultz, Hartmann Stephanie Miller, then Clark Howard & Herman Cain from Cox Radio, and Dennis Miller and Phil Valentine.

      I can’t see cumulus consuming two stations per market to create competing talk lineups. They also don’t seem all that interested in independent syndication.

      If anyone didn’t notice yet, not one original ballweekday host is left at TRN. They’re using Bill Wattenburg, Sam Sorbo (yesterday Andrea Tantaros was a best of show, so maybe she found a clue), and Charles Butler playing the role of Black Tea Party supporter.

      I don’t see how this turns out well for talk radio.

  3. Nidster says:
    October 30, 2013 at 4:40 pm

    What goes up, Must come down.
    As above, So below.

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