Cumulus CEO hits Limbaugh while reporting $2.4 million revenue loss [View all]
Source: Politico
Cumulus Media today reported a $2.4 million first-quarter decline in revenue related to talk programming, a loss that CEO Lew Dickey attributed, indirectly, to Limbaugh's controversial remarks about Georgetown law student Sandra Fluke.
The earnings call came one day after POLITICO reported that Limbaugh was considering ending his affiliation agreement with Cumulus because he was frustrated with Dickey for blaming him for advertising losses.
Yet when asked about the Limbaugh on today's earnings call, Dickey again suggested that Limbaugh's remarks about Fluke played a significant role in the company's revenue decline.
"We've had a tough go of it the last year," Dickey said. "The facts are indisputable regarding the impact certain things have had on ad dollars."
Read more: http://www.politico.com/blogs/media/2013/05/cumulus-ceo-hints-at-limbaugh-while-reporting-m-revenue-163415.html
If Rush leaves Cumulus, which B-grade teabagger will they put in his slot?