Re: Restructuring Underway At Clear Channel


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Posted by karyn on January 20, 2009 at 14:32:58:

In Reply to: Re: Restructuring Underway At Clear Channel posted by yawn on January 20, 2009 at 11:04:00:

Expect more.

Developing a radio station to garner ratings isn't the goal any longer. Clear Channel will have X number of formats that will be delivered nationally with a bare minimum of local employees. This is cost-efficient. National ad buys by format will be the goal.

: Hmm.. not to deprioritize anyone's job or anything.. because losing any job sucks.. but so far the firings have been *snooze* compared to all the buildup. And nothing locally. Guess we'll see.

:
: :
: : TODAY (1/20) is the day the industry expected a round of layoffs to happen at CLEAR CHANNEL -- and that is, in fact, the case.




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