Thursday, December 5, 2002

Clear Channel - Salt Lake City

A bit of insight into why Tom Sly may have lost his job this past September. One source says that the general status of Clear Channel's sales in respect to other groups is, "overall, a loser. . ." The reason? Simmons Media's good ratings cut into all the Clear Channel stations that could have a chance: FM 100 beats KOSY, KRSP is "a better buy," than Oldies 94.1, and other stations in the group are toward the bottom of the ratings. Citadel, this person mentions, "always undercuts Clear Channel." KSOP, not surprisingly, is cheaper than KKAT, and the ratings at KSOP are slightly better, and have been phenomenally better in the past. They also illustrate the point, by mentioning that while most markets needed only to meet with their regional VPs, Salt Lake City, hand-picked with six other markets, needed to go to the board of directors personally - sounds like hot water, huh? Our tipster left us with this: "Without revenue, the budget cuts will continue, and on and on it goes. . ."

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