Friday, January 2, 2009

More from Big Vinny: “HAPPY NEW YEAR? AS 2009 hITS, A "HUGE" AMOUNT OF INDUSTRY PINK SLIPS WILL FLOOD THE SF-OAKLAND RADIO/TV MARKET, THE NATION'S 4th LARGEST.

AN INDUSTRY SOURCE SAYS RADIO WILL GET THE BRUNT OF THE HITS, PARTICULARY THE "SECONDARY" SOURCES STATIONS USE, LIKE METRO TRAFFIC.
KGO RADIO, OWNED BY CITIDEL, WILL SEE SIGNIFICANT LAYOFFS, AS WILL KNBR, OWNED BY ATLANTA'S CUMULUS BROADCASTING. THE SOURCE OF THE LAYOFFS? CONTINUING AD REVENUE SHRUNK TO RECORD LOWS DUE TO A STRUGLING ECONOMY. WATCH FOR DETAILS.

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