David Field spent money recently for the advice of Bain Capital on how to run Entercom.
Never mind that Bain is the genius behind iHeart’s $20 billion bankruptcy.
And a main investor in Nielsen the singlehandedly most controversial way to measure real radio audiences.
What’s in the works starting soon.
Now that David has had a few weeks to digest the gist of the Bain recommendations, he’s ready to implement them and both legacy Entercom and newly-purchased CBS Radio have plenty of reasons to be concerned.
Whose jobs will not be safe under the Bain recommendations -- six job descriptions will either be virtually eliminated or drastically cut back and when it will take place.
What functions will not be affected at Entercom even after enacting Bain’s suggestions.
Bain’s recommendations on employee compensation.
Entercom is supposed to be the big kahuna in sports having inherited many CBS Radio brands.
But Beasley looks like they have Entercom’s number.
The CBS sports professionals are gone from Entercom and the David Field of Dreams is now the strategy that replaced sports talk.
Suddenly, Beasley is doing things that are not just beating Entercom.
How Beasley is using the old CBS sports playbook against Entercom, the company that bought the CBS stations.
The mixed news on sports programming that makes money but drives listeners away in droves.
Just when Entercom and Beasley are betting their futures on sports, everything just changed again.
There is no doubt that David Field and his top cadre are feeling pressure from the failed CBS merger and the inability to build shareholder equity for their stock.
Now it appears the pressure is being applied to local station management where itis beingredirected to employees who are performing at a high level – just not high enough to bail out top management.
How Entercom has devolved to shaming their employees.
The way they do it --- to the horror of other employees who look on in fear.
Why this could be the template for other stations.
And why Entercom is only targeting CBS stations.