There's a story on a conservative website that says Cumulus won't be renewing Sean Hannity's contract. Sean didn't call anyone a #$%$ and is a nice guy with callers. This seems to be more than bad business. You don't throw away two of your biggest cash cows, particularly when you have nothing to replace them with. I'm waiting for the Tom Daschle or Mario Cuomo show to take off - like a lead balloon. Assuming even the leftists here are interested in this stock to make money, they can now sell and tell their friends that they are "boycotting Rush." And saving their own behinds. I wouldn't touch this stock with Anthony Weiner's pole.
It's a lot easier to plug in an all sports network and have no salaries. Throw together some sales gimmick out of Atlanta for a National Sales Platform for sports. Ratings don't matter.... get rid of expensive salaries and put in cheap programming. Cumulus need's to paydown their debt as their sinking in it.