Clear Channel cuts nationally, consolidates local traffic operations
Earlier today, massive personnel reductions took place place at corporate titan Clear Channel's radio stations in small and medium sized markets around the country as the company struggles with its huge $21-billion(and climbing) debt. While reportedly none of Clear Channel's major market stations were impacted today that may change soon. The company's major market general managers met in Chicago today and could very possibly be headed back to their stations with their own set of reductions to implement according to well-respected media reporter Roger Feder.
At Clear Channel Boston's local radio cluster there were no known staff cuts but a big reduction in force took place in the local traffic reporting business as Clear Channel began merging its own Total Traffic Network operations with the Metro Networks traffic service the company purchased from Westwood One in late April for $119 million.
Metro Networks has been Clear Channel’s Total Traffic Network’s (TTN) largest competitor, and April's deal made the company the largest player in the traffic business. Metro which supplies traffic, news and sports reports for many Boston market TV and radio stations already had a budget-related round of layoffs three years ago(BRW 9/15/2008) took another pretty big hit today. Close to two dozen staffers including managers, reporters and producers at Metro Networks' Boston office were laid off today. Some of the more familiar voices you often heard on various local TV and radio stations during morning and afternoon commutes were let go - Matt Phipps, Marshall Hook, Mike King, Scott Pike and Brian Sullivan.
As of tomorrow, Clear Channel's Total Traffic staffers will relocate from their Clear Channel Boston's Medford studios which also house Kiss 108/Jamn 94-5/Talk 1200 to Metro's long-time Government Center digs.
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