Antonio Cesar Guel and his Hispanic Christian Community Network have become infamous in low-power FM circles for their role in 245 applications for LPFM stations during last fall’s filing window–a full 8% of all 2,799 applications filed. LPFM advocacy groups and other applicants have filed informal objections and petitions to deny with the FCC claiming […]
Tag Archives | bankruptcy
Chicago Tribune chronicles Sam Zell’s and Randy Michaels’ mismanagement
I had intended to post about this last week, but dealing with some website stability issues, and then moving our site to a new host, kept me from getting this up. But the article series is so good and well researched that it deserves a look. The Chicago Tribune practiced a bit of self-analysis last […]
Randy Michaels to leave Tribune, crying all the way to the bank
It’s been quite the fortnight over at Tribune Tower. Almost two weeks ago NY Times media reporter David Carr dropped a bomb of a story detailing the sophomoric and sexist behavior of Tribune’s top management, led by Clear Channel’s former eternal frat-boy-in-chief, Randy Michaels. Then, almost as if on cue, Randy’s hand-picked “innovation officer” Lee […]
Greed and Consolidation Trigger Another Bankruptcy in Radioland
On Friday the Wall Street Journal reported news that’s no surprise to radio industry watchers, that the third largest radio owners in the country, Citadel Communications, is about to declare bankruptcy in a deal pre-arranged with its creditors. The loudest critic of Citadel has been industry-insider Jerry Del Colliano who predicted last week that the […]
NYC's the Pulse Flatlines
Perhaps it was too good to be true. The overcrowded FM dial of the New York City metroplex offered no easy opportunity to bring a new cutting edge dance music station to the radio. But an opportunity was found at the far left end of the dial in the space occupied by TV channel 6 […]
The Pulse's Backdoor into FM Not Paved with Gold
It takes a lot of listener donations to take on $3.5 million of debt and liabilities. That’s how far in the hole the owner of New York City’s 87.7 FM The Pulse found itself when the company, Mega Media Group, filed for bankruptcy last week. Loyal RadioSurvivor readers might recall that The Pulse is actually […]