Clear Channel Communications will begin restructuring across the board next week, making changes expected to save the company $400 million, according to The NY Post. With 30,000 employees worldwide, CCC’s plan includes laying off workers in its radio, outdoor advertising and international divisions. In an attempt to consolidate duties and cut programming costs, CCC might also adopt a “national programming” model that would require less local-level staffing, the Post says. Bain Capital Partners and Thomas H. Lee Partners purchased CCC last year for $17.9 billion.
Scott Lindy, Sirius’s former Sr. Country PD, is taking over as Clear Channel Atlanta’s Director of Operations, as well as handling PD duties for the cluster’s WUBL (94.9 the Bull)/Atlanta. He left the satcaster in September during its merger with XM. Succeeding the recently promoted Clay Hunnicutt, Lindy begins his new duties in Atlanta next week.
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