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Search found 34 matches

by RadioRat
Thu May 14, 2020 9:28 am
Forum: Metro Detroit/SE Michigan
Topic: April Radio Ratings
Replies: 24
Views: 2057

Re: April Radio Ratings

Ben, You may have a point. A similar point is that A/C listeners lean left but they aren't rabid partisans. If you are on DVD touting the lockdown to an audience that stands an infinitesimal chance of dying from the disease...that's a tough sell. You closed the businesses those moms work at and you ...
by RadioRat
Thu May 14, 2020 7:47 am
Forum: Metro Detroit/SE Michigan
Topic: April Radio Ratings
Replies: 24
Views: 2057

April Radio Ratings

https://radioinsight.com/ratings/detroit/

Suburban women tuned out entirely. It doesn't look like they switched to WWJ or WJR much although both stations had great books. I think they stopped listening to the radio. WDVD and The Breeze crash to the bottom of the pack.
by RadioRat
Wed May 13, 2020 4:22 pm
Forum: Metro Detroit/SE Michigan
Topic: Cumulus Quarterly Earnings
Replies: 0
Views: 231

Cumulus Quarterly Earnings

Hard to imagine they won't lose $25 million in Q2. They lost $7 million in Q1 with a presidential primary and the Super Bowl. The country wasn't really affected by COVID-19 for January or February. Things will not be as favorable April to June. Towns around me are canceling all of their summer event...
by RadioRat
Sun Apr 26, 2020 9:07 pm
Forum: Metro Detroit/SE Michigan
Topic: MORE "EXIT"COM indefinite Layoffs
Replies: 15
Views: 2663

Re: MORE "EXIT"COM indefinite Layoffs

When does somebody point out the obvious on-air that if businesses aren't allowed to reopen the industry will die. Same with TV. Isn't there any survival instinct?
by RadioRat
Fri Apr 24, 2020 10:24 am
Forum: Metro Detroit/SE Michigan
Topic: Who is going through the commercial logs at Cumulus
Replies: 8
Views: 800

Who is going through the commercial logs at Cumulus

Listened to 93.1 last night, 6 PM hour. Long commercial breaks with the same Geico or Scott's ad running in the same stop set. Heard a Covid.gov PSA next to a CDC covid PSA. Small things but it makes me think no one is minding the shop at the Fisher Building.
by RadioRat
Thu Apr 16, 2020 7:24 pm
Forum: Metro Detroit/SE Michigan
Topic: Latest Numbers For Detroit
Replies: 5
Views: 1549

Re: Latest Numbers For Detroit

Expect music stations to get blown up in April's numbers.
by RadioRat
Wed Apr 15, 2020 3:34 pm
Forum: Flint, Tri-Cities, and The Thumb
Topic: Alpha Media Beginning Layoffs
Replies: 0
Views: 439

Alpha Media Beginning Layoffs

I would assume WSGW was safe for now. The other stations could be more iffy. Has anyone heard of layoffs among their Saginaw cluster?
by RadioRat
Tue Apr 14, 2020 8:29 pm
Forum: Metro Detroit/SE Michigan
Topic: iHeartMedia Announces Cost Savings Initiatives
Replies: 4
Views: 742

Re: iHeartMedia Announces Cost Savings Initiatives

They're going to save $150 million by cutting executive salaries and 401(k) matches? That doesn't seem likely...
by RadioRat
Tue Apr 14, 2020 7:31 am
Forum: Metro Detroit/SE Michigan
Topic: Covid 19 Media Layoffs Begin - Entercom
Replies: 43
Views: 6002

Re: Covid 19 Media Layoffs Begin - Entercom

Groupon revenue down 49%. Hard to imagine Detroit radio stations are doing better. I would guess significantly worse, 60-70%.

https://www.americaninno.com/chicago/in ... 3000-jobs/
by RadioRat
Sun Apr 12, 2020 8:20 pm
Forum: Metro Detroit/SE Michigan
Topic: WANTED: Cheap Replacement For Chuck Edwards
Replies: 4
Views: 720

Re: WANTED: Cheap Replacement For Chuck Edwards

I saw a LinkedIn post from a grad fresh out of the University of Oklahoma saying she got hired for an on-camera gig in Dallas. Every media outlet is looking for cheap replacements for legacy talent.
by RadioRat
Sun Apr 12, 2020 4:31 pm
Forum: Metro Detroit/SE Michigan
Topic: Covid 19 Media Layoffs Begin - Entercom
Replies: 43
Views: 6002

Re: Covid 19 Media Layoffs Begin - Entercom

I don't think they will go back into bankruptcy. I just expect them to trim the expensive legacy talent that survived the first bankruptcy.

And when you lose 40-75 percent of your revenue, all liabilities become debt. Hence the furloughs.
by RadioRat
Sat Apr 11, 2020 9:54 pm
Forum: Metro Detroit/SE Michigan
Topic: Covid 19 Media Layoffs Begin - Entercom
Replies: 43
Views: 6002

Re: Covid 19 Media Layoffs Begin - Entercom

https://finance.yahoo.com/quote/CMLS/ba ... eet?p=CMLS

They have $1.3 billion in debt. That's against a much smaller operational footprint than in the past and revenues have been cut in half from Covid. The expensive talent who survived 2018 will be on the chopping block real soon.
by RadioRat
Sat Apr 11, 2020 3:19 pm
Forum: Metro Detroit/SE Michigan
Topic: Covid 19 Media Layoffs Begin - Entercom
Replies: 43
Views: 6002

Re: Covid 19 Media Layoffs Begin - Entercom

Cumulus still has a heavy debt load. It isn't what it once was but they weren't dealing with a cratering of their revenues the last time they went into bankruptcy either.
by RadioRat
Sat Apr 11, 2020 2:50 pm
Forum: Metro Detroit/SE Michigan
Topic: Covid 19 Media Layoffs Begin - Entercom
Replies: 43
Views: 6002

Re: Covid 19 Media Layoffs Begin - Entercom

I still refuse to believe strong Entercom needs to axe talent but a company straight out of bankruptcy can get by on furloughs...
by RadioRat
Sat Apr 11, 2020 2:24 pm
Forum: Metro Detroit/SE Michigan
Topic: Covid 19 Media Layoffs Begin - Entercom
Replies: 43
Views: 6002

Re: Covid 19 Media Layoffs Begin - Entercom

Cumulus has to be sharpening the guillotine. Those who survived bankruptcy one might not make it through two. Blaine Fowler at DVD would seem like a prime pink slip candidate. With revenues down at least 40 percent, the salary of one of the longest-tenured morning guys in the market is gonna look li...