Cumulus shakeup leaves Dickeys out cold

[bateman]

http://nypost.com/2015/09/29/dickey-brothers-out-at-radio-giant-cumulus-amid-board-shakeup/

Good riddance. They took the company from $8 a share in 2014 to 68 cents as of today.

[TigerLily]

Verrry interesting. Time to get the militia together and start a phone, email, facebook, twitter, snail mail, carrier pigeon, pony express, smoke signals campaign to have MiTD move in to any holes the shake up may cause

[Juan]

Cumulus bought some 50-kw stations in Georgia that had carried the University of Georgia football broadcast since the 1930s.  Cumulus decided to no longer carry the games despite them being very popular.  These media coporations have no sense of tradition.

[starrmtn001]

Verrry interesting. Time to get the militia together and start a phone, email, facebook, twitter, snail mail, carrier pigeon, pony express, smoke signals campaign to have MiTD move in to any holes the shake up may cause

Hey TigerLily, Sister ponyboysunset is the guest host for GabCast this week, and the show is about to start now.  Git on over heer lol!

[nooryisawesome]

http://nypost.com/2015/09/29/dickey-brothers-out-at-radio-giant-cumulus-amid-board-shakeup/

Good riddance. They took the company from $8 a share in 2014 to 68 cents as of today.

How about ditching red eye for MITD

[bateman]

How about ditching red eye for MITD

Certainly couldn't hurt to ask. Programming control is apparently being handed back to the local markets, at least to some extent.

[nooryisawesome]

Certainly couldn't hurt to ask. Programming control is apparently being handed back to the local markets, at least to some extent.

Whaaaaa???! That actually makes sense.

[bateman]

Whaaaaa???! That actually makes sense.

This gentleman has been making the rounds cleaning up the mess the Dickeys made: http://www.crestview.com/marcus.html

Here is some of what transpired after Jeff Marcus conducted his listening tour of the troubled San Francisco cluster last week.

1. He’s going local. VP/Market Manager Justin Wittmayer told the staff they “are giving us the keys”.

2. John Dickey no longer has any influence over programming at the San Francisco cluster.

3. Corporate format captain Jim Mahaney and KGO Interim PD were all in attendance at this meeting and sat there while Wittmayer broke the good news. Obviously, Jeff Marcus is setting out to undo some of the untoward management of the Dickey brothers.

4. From now on the market manager has local control and presumably he will answer to Marcus if he screws up. I’m betting he won’t because he’s not exactly a moron having managed for iHeart, Clear Channel and CBS. But what is different now is that Wittmayer finally gets to control his own destiny.

5. This model is likely to play out in other Cumulus markets â€" starting with the largest which, if turned around, could produce the best results to post a profit â€" and that Jeff Marcus does know about.

6. Medium and smaller markets are likely to follow with a more autonomous local management.

[bateman]

And Lew exits with $4.35 mil.

http://www.insideradio.com/free/lew-dickey-cumulus-package-cloud-with-ilver-lining/article_b90b01f4-681e-11e5-bedc-bf7a82fe8e3b.html

[nooryisawesome]

And Lew exits with $4.35 mil.

http://www.insideradio.com/free/lew-dickey-cumulus-package-cloud-with-ilver-lining/article_b90b01f4-681e-11e5-bedc-bf7a82fe8e3b.html

[albrecht]

This gentleman has been making the rounds cleaning up the mess the Dickeys made: http://www.crestview.com/marcus.html

Some weird changes at my local Emmis owned station. Still going local but switching some former FM 'shockjocks' to the AM and shaking up the more conservative morning crew with some younger, former FM guys. And taking morning guy to afternoon with our also local guy as a "team show." Don't know if it will work but like they are trying to stay local....some of the carry-over (that used to happen with AM/FM misdials are more frequent: stoners calling the AM shows and old ladies and angry white-guys misdialling the FM show etc still happen but, this time, not misdials but new lineups.)

[cweb]

I love the title of this thread. Heheh.

Also, just another example of the corporate BS cycle... get hired, get paid filthy money, ruin company, get fired, get paid filthy money, (repeat)