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Thursday, November 16, 2006

Clear Channel Clears Out

My ex-employer announced today a lot more ex-employees. I was particularly struck by the phrasing of the SEC filing today...
"...we are announcing the intention to sell Clear Channel Television and 448 of our radio stations in 90 markets, all of which are outside of the top 100 markets. The attached list details all markets we intend to sell..."
ALL Clear Channel stations in Iowa (save Des Moines) are outside the top 100.

Here's the part I found interesting,
"...the markets we are selling are valuable, well run properties and the efforts of the staff and management at those stations are greatly appreciated. They do not fit into the strategic plan for Clear Channel Radio and we believe are much better served operating under different ownership..."
Read it a different way,

"...YOU the markets we are selling are valuable, well QUALIFIED run properties and YOUR the efforts of the staff and management at those stations are greatly appreciated. YOU They do not fit into the strategic plan for Clear Channel Radio and we believe are much better served operating under different EMPLOYMENT ownership..."

Fear not, former radio listeners...they're only selling four markets in Iowa:

Sioux City, IA — Market 395
Mason City, IA — Market 372 (KGLO-1300 AM News/Talk)
Burlington, IA — Market 197 (KCPS-1150 AM News/Talk)
Fort Dodge, IA — Market 200

Cedar Rapids IS NOT for sale...neither is Iowa City.

Places there will be a lot of job openings soon...

KBKB-FM
Format: Country

KBKB-AM
Format: Talk

KBUR-AM
Format: Full Service

KGRS-FM
Format: AC (MIX)

KKEZ-FM
Format: AC (MIX)

KWMT-AM
Format: Country

KCHA-FM
Format: AC

KCHA-AM
Format: Nostalgia

KGLO-AM
Format: Full Service

KIAI-FM
Format: Country

KLKK-FM
Format: Classic Rock (FOX)

KSMA-FM
Format: CHR (KISS)

KGLI-FM
Format: CHR

KMNS-AM
Format: Talk

KSEZ-FM
Format: Rock

KSFT-FM
Format: Soft AC

KWSL-AM
Format: Sports

Labels:


Comments:
still smarting over the axe...comon greg, get over it.
 
Greg,
Just cuz your ratings sucked and you were shown the door...there is no reason to harbor such anger towards your former employer. Besides, in some of those stations things will be better. Regardless of whether you can cut it in radio, alot of good people can.

Enjoy your "contracting" job!
 
No anger. I'm glad I'm out...truly. Life is so much less hectic and much better paid.

G
 
Greg:

As a listener of yours on WMT I thought the station was all too quick not to support your PM status. You are engaging and cover sometimes difficult subjects not just light stuff that the station formerly and sometimes still offers. I hope you can get back into radio one day.
 
I noticed they replaced your morning replacement, as much as I miss you in the morning, I can't believe I'm saying, I'd rather have Tom than the guy they have now. oh well
 
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