Date Posted:
04 | 20 | 09

A Case Of Moral Bankruptcy

MSNBC.com's Money Central lists Clear Channel among corporations likely to file for bankruptcy.

There's a lesson to be learned here, though I doubt many of the corporate brass at Clear Channel will learn it:

The way you run your business when times are good will have a direct impact on your business when times are bad.

"The seeds of Clear Channel's demise were sown years ago. Only the uninformed will blame the current state of the economy."

Or, to put it another way:

How you run your business when times are good is directly proportional to how your business will run you when times are bad.

The seeds of Clear Channel's demise were sown years ago. Only the uninformed will blame the current state of the economy.

Colophon:

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Think About It:

  • A Pig On A Seesaw:   There is absolutely nothing wrong with radio. The transmitters still work. Car radios still work. Clock radios still work. The radio in the lobby of your dentist's office still works too. All of this equipment is functioning perfectly. 100% A-OK. Trust me. I checked.

  • A Fresh Coat Of HTML:   Welcome to This Is The Box, version 3. This is technically version three and a half. I scrapped an entire 'new' design due to the fact that Microsoft's Internet Explorer is a bug riddled piece of web feces.

  • The Downfall Of Radio Is The Downfall Of Man:   Eventually, radio will either be wiped out by the internet or it will merge into it. The determining factor will be the strength of each individual radio station's content at the point in time when AM and FM radio listenership truly collapses.

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