Guess Who?

I subscribe to The Week.

It gives me a brief paragraph on just about every hot topic in the news, worldwide. And it offers competing opinions about issues and people in the news.

This is, word for word, taken from a piece in The Week:

"The firm's modus operandi (is) to buy a struggling business, reduce the workforce to the absolute minimum, increase its short-term earnings enough to borrow money in the firm's name, and then pay out huge dividends to the business's new shareholders -- (its) wealthy investors."

"22% of the businesses (this firm) restructured closed or declared bankruptcy."

Guess who "the firm" is…

Bain Capital.

How can Radio meet the challenges we face when the largest owner of radio stations in America believes the way forward is to "reduce the workforce to the absolute minimum, increase its short-term earnings enough to borrow money in the firm's name, and then pay out huge dividends to the business's new shareholders -- (its) wealthy investors "?

The good news is that Bain Capital doesn't own every radio station in America, and there are real success stories in many of the smaller consolidated groups today.

I wish these were the stories that made headlines in All Access.

I wish these were the executives honored at the NAB.

I wish these were the stations getting the spotlight of attention.

How can we make that happen?