What's the next step for Clear Channel

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kellybgood
Posts: 71
Joined: Tue Oct 13, 2009 4:49 pm

What's the next step for Clear Channel

Post by kellybgood » Tue Nov 10, 2009 1:37 am

After hearing the news that revenues are down once again at Clear Channel I'm just wondering what the next step will be for them. It seems that with these cuts every year something's gotta give... but what?

chomen
Posts: 24
Joined: Tue Oct 06, 2009 12:06 pm

Re: What's the next step for Clear Channel

Post by chomen » Tue Nov 10, 2009 12:42 pm

Simple: bankruptcy. Reorganization. Much more massive job cuts and other cost cutting. Bone city. Possible: split up the remains. Not much there, but vultures will eat about anything.

tstone
Posts: 49
Joined: Fri Oct 02, 2009 8:52 pm

Re: What's the next step for Clear Channel

Post by tstone » Thu Nov 12, 2009 6:59 am

Finishing their descent to hell, where they have to spend eternity composing an all Perry Como playlist.

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