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So not only are you a slanderer but you don't even have your facts straight. John Gorman = LOSER in my book!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2639893053950014759.post-21766964783502173022008-03-06T14:14:00.000-05:002008-03-06T14:14:00.000-05:00Hmmm. . .wonder if Reed Bunzel will be going on an...Hmmm. . .wonder if Reed Bunzel will be going on any book tours? What's his next tome? Broadcasting For Dummies??Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2639893053950014759.post-8002501584887112212008-02-29T06:12:00.000-05:002008-02-29T06:12:00.000-05:00Reed Bunzel. Captain of the Titanic. We expect to...Reed Bunzel. Captain of the Titanic. We expect to reach our destination. <BR/><BR/>He has been a bought and sold radio cheerleader for years. If you want someone to write a pro-radio story Reed is the go-to-guy. <BR/><BR/>I worked with him for a brief time. He is the epitome of a phony.<BR/><BR/>I can see why Clear Channel chose him to write the book.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2639893053950014759.post-69639306712381369292008-02-28T20:00:00.000-05:002008-02-28T20:00:00.000-05:00i don't believe there will be a clear channel five...i don't believe there will be a clear channel five years from now. if there is any radio at all it will be a multiplatform approach with internet, podcast, and not the half assed way it is being done today by consultants that don't have a clue. i believe cbs will sell radio, entercom, greater media & others will sell off many of their properties. hoepfully we will see a combination of new owners and real broadcasters with a passion for good radio. either that or radio will be completely dead.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2639893053950014759.post-2213634344626875672008-02-28T18:04:00.000-05:002008-02-28T18:04:00.000-05:00“…You will look back at this time and call it the ...“…You will look back at this time and call it the good old days of Clear Channel…”<BR/><BR/>Yup. Couldn’t have said it better. I predict five years from now the workforce at CC will be half of what it is today.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2639893053950014759.post-60058064430689894872008-02-28T17:33:00.000-05:002008-02-28T17:33:00.000-05:00"Reed Bunzel is a pimp for radio"Thank God SOMEONE..."Reed Bunzel is a pimp for radio"<BR/><BR/>Thank God SOMEONE is giving the other side. All you anti-radio haters with axes to grind would never say anything positive about the industry. You pile on like a bunch of high school football players, and none of you have any real solutions. Just a lot of hatred, bitterness, and anger. <BR/><BR/>I read some excerpts of Reed's book, and it tells the fairest version of the Minot story I've read to date. But no one's interested in fair. Just about getting even.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2639893053950014759.post-19620837326926135452008-02-28T16:04:00.000-05:002008-02-28T16:04:00.000-05:00Reed Bunzel = Kitty Kelly.Reed Bunzel = Kitty Kelly.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2639893053950014759.post-24135820738724176832008-02-28T16:03:00.000-05:002008-02-28T16:03:00.000-05:00Only those in the radio business will buy/borrow t...Only those in the radio business will buy/borrow the "authorized" Clear Channel book and of those that do most will be from the tribe that still drinks the Kool Aid. Everyone in radio and anyone not in the business that was a fan of radio will buy the "unauthorized" book. This is one case where the "unauthorized" is closer to the truth. <BR/>Responding to Mark Mays and his golden parachute. I believe you are right. He still has one but had to trim it down some. He deserves one made of lead.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2639893053950014759.post-29737709890395147052008-02-28T15:42:00.000-05:002008-02-28T15:42:00.000-05:00I remember reading (maybe in this blog or one of t...I remember reading (maybe in this blog or one of the on-line trades) that Bain & Lee forced the Mays family to a reduction of their golden parachute dollars. Of course that could mean instead of 50 million, it was 49 million. I think it was a couple of months after the Bain & Lee deal was announced. <BR/><BR/>I wonder if Bain & Lee made them give up their private jets yet?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2639893053950014759.post-16177444209637703882008-02-28T15:21:00.000-05:002008-02-28T15:21:00.000-05:00Can't wait to read the books. The Clear Channel ve...Can't wait to read the books. The Clear Channel version of their history is Mark Mays' version of Mein Kampf.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2639893053950014759.post-61131625994108456582008-02-28T14:59:00.000-05:002008-02-28T14:59:00.000-05:00Even if Mark Mays is called out on things and was ...Even if Mark Mays is called out on things and was launced tomorrow, he'd still get a huge golden parachute of a deal. Clear Channel<BR/>Radio = the Enron of radio. Great leadership...not!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2639893053950014759.post-28908139682245322302008-02-28T13:53:00.000-05:002008-02-28T13:53:00.000-05:00I want to see the deal go through so Mark Mays is ...I want to see the deal go through so Mark Mays is forced to answer to Bain Capital and Thomas H. Lee. If he thinks they were all over him a month ago with Hogan's memo I have news - they haven't seen anything yet. You will look back at this time and call it the good old days of Clear Channel. It will only get worse. I would like to know where the campaign money Bain and Lee and CC is going. Bain was backing Mitt Romney obviously and is no doubt with McCain now but I would be interested to see if these three are also donating to the Democrats and if so which one and how much? That will be a good indication of what you can expect under a new administration.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2639893053950014759.post-52928621626999667532008-02-28T13:48:00.000-05:002008-02-28T13:48:00.000-05:00The "money world" defies logic. It is a separate e...The "money world" defies logic. It is a separate economy unto itself. That being said, it is impossible to predict the outcome of either deal. No matter what the end result is there will be some strong financial winners. The product be damned. It is how to get in and get out and when.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2639893053950014759.post-7141999909193787052008-02-28T12:32:00.000-05:002008-02-28T12:32:00.000-05:00No doubt, the Credit Suisse move is unusual. But i...No doubt, the Credit Suisse move is unusual. But it’s not a bad sign for the deal going through. If this deal were in doubt, there would be no takers and Credit Suisse wouldn’t even be asking big investors to buy the loans. Remember, they’re going to their best investors with the deepest pockets and urging them to buy.<BR/><BR/>What it does reflect, rather, is that the CC acquisition is one of the strongest deals on the bank’s books and so it has turned to selling it off ahead of schedule to raise much needed cash.<BR/><BR/>Never say never, but this one looks like it’s done to me.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2639893053950014759.post-66108878916673518772008-02-28T10:26:00.000-05:002008-02-28T10:26:00.000-05:00It should be called "Clear vision, hard of hearing...It should be called "Clear vision, hard of hearing"Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2639893053950014759.post-69971997100929410152008-02-28T10:20:00.000-05:002008-02-28T10:20:00.000-05:00Reed Bunzel is a pimp for radio or maybe cheerlead...Reed Bunzel is a pimp for radio or maybe cheerleader for a losing team is a better analogy. I am familiar enough with what he has written over the years that I agree with Mark Mays that Reed is the right guy to write the pro-Clear Channel book. He has spent the past decade writing about how wonderful the radio industry is and how it is on the road to even greater success. When he was editor of Radio Ink which is the most pro-radio trade out there he wanted you to believe that it was radio's new golden age. You were right to say 'file under fiction'.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2639893053950014759.post-43580640007449590822008-02-28T08:40:00.000-05:002008-02-28T08:40:00.000-05:00You wrote:"The banks jumped on these deals because...You wrote:<BR/><BR/>"The banks jumped on these deals because they got their piece by charging outrageous financing fees. If the deals got iffy – they’d just cut and run. <BR/><BR/>But the subprime mortgage scandal has left the banks with billions of dollars in debt, which puts them out of the running for getting their beaks wet in any large leverage buyout schemes.<BR/><BR/>There’s also that other predicament no one wants to talk above a whisper about. Should the credit market continue its tumble; they’ll be concerns on whether any over-leveraged company can ride out a deep recession."<BR/><BR/>Your blog should be required reading by any bank, private equity, shareholder or anyone else connected to the broadcasting industry because it will be hit the hardest by the advertising crunch. If anything radio values should be far less than they were prior to the telecommunications bill. The day will come when AM and FM radio will be a thing of the past. It is definitely not the future.Anonymousnoreply@blogger.com