This May, covered the future of Cumulus, the ailing radio company that owns some of the greatest stations in the U.S., and controls all the great legacy assets of network radio.
ATLANTA – Back in the 1970s, there was a Chuck Barris produced TV program called The $1.98 Beauty Show. Barris, of The Gong Show, produced it. The joke (other than the awful orchestrated “beauties”) was that the price $1.98 was a signal, in and of itself, of pathetic cheapness.
The number came to my mind Friday when Cumulus Radio (NASDAQ: CMLS) ….
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