Reading a story headlined "Stations Report Mixed Results," by Wayne Friedman in Media Post this morning ("TV AND RADIO STATION GROUPS have been hit hard in recent months by lower ad sales from its top category--automotive. But one TV station group (Fisher!) has shifted into high gear..." ) made me wonder if any of these folks dig beyond the corporate press releases and analyst calls at all?
So, lessee, the moral is: sell a bunch of stations so you can report a good quarter?? What do they do next quarter to get more positive press? Sell more?
Isn't that called "going out of business?" Wall Street, where greed and short term thinking are wonderful things. Go figure.
Miranda Lambert Gives To Mutts - RCA reports that Miranda will donate proceeds from her Oct. 4 performance at the Las Vegas Route 91 Harvest Festival to her 7th Annual Cause for the Paws ...
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