Clear Channel’s latest top down puff and wheeze
Thursday April 16 2009 - 8:05AM
By Jerry Del Colliano
Clear Channel’s latest managers meeting has produced the industry’s biggest bait-and-switch plan to nationalize and regionalize its programming to save money.
The company is burning through cash at a record pace and the largest radio consolidator, now owned by Lee Capital Partners and Bain Media, has resorted to selling snake oil to the public, federal regulators and lawmakers.
Under the guise of producing better radio, Clear Channel has announced a quality improvement plan.
As Inside Radio put it, “CC PD’s to Focus on Quality”.
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