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A conversation with Lou Dobbs.
There must be a reason Lou just scored his 50th radio affiliate in only 50 days. This TV icon is a hit in radio too! Inside Radio takes you inside the Lou Dobbs radio show and explains what Lou can do for your station. Join our conference call with Lou Dobbs Thursday May 15th at noon (E.T.). It's free to listen - but space is limited. To reserve a spot on the call, send a email to Mike Kinosian, and include your name, title, call letters and market.
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Clear Channel Radio: "Not sure a closing will occur."
Clear Channel officials say that the company still can't estimate a closing date for the pending go-private buyout. The company did release Q1 numbers, which show radio revenue was down 4% to $769 million. Outdoor revenues were up 12% leading to an overall company-wide increase in revenues of 4%. CC did not provide any guidance for the
second quarter.
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Money troubles lead to staff pay-cuts.
Midday personality Neil Rogers' $1.5 million annual salary will be cut in half when his new five-year deal kicks in with Beasley's "Sports Radio 560" WQAM, Miami. Rogers tells The Sun-Sentinel there weren't many other options. "It was `take it or leave it.' I'm not happy about it but I don't expect people to feel sorry for me. I'm still doing pretty well." Rogers tried to explore other opportunities, including a jump to a Clear Channel station but says "They never put a dime on the table." MORE
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Half as many salespeople but higher commissions.
CItadel CEO Farid Suleman believes as much as half of revenues would come in anyway, with or without a salesperson. So they're studying ways to possibly reduce the number of AEs and pay those who remain higher commissions. Faced with little growth in radio revenues Suleman says everything needs to be on the table.
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“The era of doing stupid deals is over.”
Citadel CEO Farid Suleman says they are negotiating to sign Sean Hannity to new ABC Radio Networks contract, but he says "we'll only do profitable deals." Hannity has about a month left on his contract, and Suleman says he has faith Citadel PDs will be able to fill the timeslot if he leaves. More from Citadel's Q1 conference call in today's Inside Radio.
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**INSIDE STORY** with MIKE KINOSIAN
Disneyworld-Area Dandy Difficult To Duplicate...This is the second of an ongoing series of INSIDE STORY features dealing with unique hard-to-pigeonhole stations. In WMMO/Orlando's first full book (Fall 1990), the Central Florida Rock AC instantly ruled the market in several demos. Join Mike Kinosian as he recounts WMMO history with its original PD Cary Pall in this week's INSIDE STORY here PDF | HTML.
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