By Jerry Del Colliano The trades recently bandied about Cumulus CEO Lew Dickey’s aptly coined phrase, “The fear factor is quickly leaving the system”. Dickey was apparently referring to sluggish advertising and his “optimism” that “The mood today versus a year ago has dramatically improved and all of the small businesses that we’re calling on across the country are feeling more optimistic. The result is people are starting to think proactively about growing their business and marketing again.” What they left out was that Lew Dickey is the "Fear Factor". Damn! I know Captain Lew is the darling of radio convention panels. That he loves to spew his Harvard-inspired reinvention of the wheel strategies in making radio into a Dickey-approved entity, but stop already. This guy is an exterminator! Lew Dickey brags about reducing his work force by 6% over the past year – not to mention previous years. He has, according to a class action lawsuit against his company, forced employees in California (and perhaps elsewhere) in essence to work for free. And when it is not for free, it’s next to nothing once you factor in the extra time voice tracking stations, after-hours responsibilities that are expected and failure...
Source: Inside Music Media
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