Posted by John D. Lictro on September 21, 2005 at 13:13:11:
In Reply to: Making Excuses for Jack's failure posted by Jeff Scheckner on September 21, 2005 at 11:20:30:
Hi Jeff,
I think most of us agree that Jack has done worse than anyone of us thought it would. As I said before, Infinity seems to be in their own little world. Now, it looks like they are in dangerous territory. IF(and I mean IF) Jack does indeed rake in more NET(not GROSS) profit than the old CBS-FM, then it actually spells the begining of the end of broadcast radio. Let's think here...In the short term, advertisers may stick around. But, I'm quite sure they've been keeping an eye on the ratings. With such a small audience, even among the demos they were going after, they WILL eventually jump ship. Profits will decrease, and there will be heads turning from the shareholders, all the way to the boardroom. Also, we still do not know what has been going on behind closed doors. Mr. Hollander may have been told that he had to publicly explain this debacle, and to reassure the advertisers. Unfortunately, the worse Jack does, the better Mr. Hollander thinks it is doing. Just who does he think he is fooling?