{"id":13864,"date":"2015-11-06T04:31:00","date_gmt":"2015-11-06T09:31:00","guid":{"rendered":"http:\/\/streamingradioguide.com\/startingover\/?p=13864"},"modified":"2015-11-06T04:31:00","modified_gmt":"2015-11-06T09:31:00","slug":"cumulus-writes-off-542-million","status":"publish","type":"post","link":"https:\/\/streamingradioguide.com\/startingover\/?p=13864","title":{"rendered":"Cumulus writes off $542 million…"},"content":{"rendered":"

Well, Mary Berner had her day in the sun Thursday. The company wrote off $542.2 million in worthless investments – RDIO and Westwood One. The company’s total market capitalization is down to about $50 million. Turnover is 48%. Sales are down, cash flow is down. The land sales are stalled.<\/p>\n

Mary asserts “she has seen worse”. Orly?<\/p>\n

What, me worry?<\/p>\n","protected":false},"excerpt":{"rendered":"

Well, Mary Berner had her day in the sun Thursday. The company wrote off $542.2 million in worthless investments – RDIO and Westwood One. The company’s total market capitalization is down to about $50 million. Turnover is 48%. Sales are … Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[148],"tags":[],"class_list":["post-13864","post","type-post","status-publish","format-standard","hentry","category-cumulus-media-radio-owners"],"_links":{"self":[{"href":"https:\/\/streamingradioguide.com\/startingover\/index.php?rest_route=\/wp\/v2\/posts\/13864","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/streamingradioguide.com\/startingover\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/streamingradioguide.com\/startingover\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/streamingradioguide.com\/startingover\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/streamingradioguide.com\/startingover\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=13864"}],"version-history":[{"count":2,"href":"https:\/\/streamingradioguide.com\/startingover\/index.php?rest_route=\/wp\/v2\/posts\/13864\/revisions"}],"predecessor-version":[{"id":13866,"href":"https:\/\/streamingradioguide.com\/startingover\/index.php?rest_route=\/wp\/v2\/posts\/13864\/revisions\/13866"}],"wp:attachment":[{"href":"https:\/\/streamingradioguide.com\/startingover\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=13864"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/streamingradioguide.com\/startingover\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=13864"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/streamingradioguide.com\/startingover\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=13864"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}