In other Cumulus news, they announced the 3rd quarter results today. Last year, the 3Q results were a profit. This year, the 3Q results are a $542-million loss. Did Lew and some others run off with some of the revenue? Hah! Sucker shareholders.
Meanwhile, yesterday iHurt Media reported losses double from those of a year ago in the quarter. Their annual loss per share is nearly 4 times their price per share. That's swirling around in the toilet bowl, ready for oblivion.
KPIX opens the 11 o'clock news tonight with a story of a woman who made some disparaging Twitter comments about toddlers running amock in restaurants. Really? Of all the things going on in the world this is what you open the news hour with? As if this woman doesn't have a right to say what she wants; as if there isn't a sandcastle's (much less a grain) worth of truth to what she's saying? We're now stooping to stirring up drama with the main news story of the night? Bastida, get out of there man. You're better than that.
Lately these videos seem to appear right before you check out for the weekend. Seems we don't hear from you again until the following Monday.
ReplyDeleteTHE PRIDE OF VALLEJO, CA!
ReplyDeleteMy favorite Funk group of all-time: Got to Be Enough, Juicy, Ffun, Happy Face...and for a "slow jam," Make it Last.
Nice, Rich. Well done!
In other Cumulus news, they announced the 3rd quarter results today. Last year, the 3Q results were a profit. This year, the 3Q results are a $542-million loss. Did Lew and some others run off with some of the revenue? Hah! Sucker shareholders.
ReplyDeleteMeanwhile, yesterday iHurt Media reported losses double from those of a year ago in the quarter. Their annual loss per share is nearly 4 times their price per share. That's swirling around in the toilet bowl, ready for oblivion.
DeleteUPDATE: IHRT closed Friday at 1.50, with a loss per share more than 5 TIMES this amount. What am I smelling? Oh, that's a sewer pipe.
DeleteKPIX opens the 11 o'clock news tonight with a story of a woman who made some disparaging Twitter comments about toddlers running amock in restaurants. Really? Of all the things going on in the world this is what you open the news hour with? As if this woman doesn't have a right to say what she wants; as if there isn't a sandcastle's (much less a grain) worth of truth to what she's saying? We're now stooping to stirring up drama with the main news story of the night? Bastida, get out of there man. You're better than that.
ReplyDelete