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Hey, remember when Clear Channel’s bigwigs were blustering about “localism” and making the radio stations they own from coast to cast more vital to their immediate communities? Yeah, well, the company just laid off a bunch of people, including morning hosts in Cleveland, sports guys in Cincinnati, and a whole mess of other DJs and program directors around the country. Can you say “Seacrest in”? [FMQB]
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Radio will not be good again until these guys start losing money and their monopoly is broken up. The same goes for the labels: They need to be broken up. They can no longer exist within these huge corporations. That time is over. All media needs to shrink in order to become profitable.
290 people let go today. Fuckin’ A.
My bad – it’s 590. Jeezus.