|Old fart Rush Limbaugh faces even more woes. His syndication company iHeartMedia, Inc. may go out of business.|
Eric Boehlert of Media Matters for America wrote a huge story over the weekend. He brought to attention the pending bankruptcy of iHeartMedia, Inc (formerly known as Clear Channel/Premiere Radio Networks).
Mind you that the iHeartMedia has struggled throughout the years. The stock is tanking and the media conglomerate is considering restructuring to save grace.
Boehlert notes that iHeartMedia's deal with one of the biggest voices on the right was a total disaster.
That old fart Rush Limbaugh is very bad for business. So bad, that if he signs another contract for iHeartMedia Group, he may end up taking a massive pay cut.
Many radio insiders consider the AM agitators too toxic for business. Limbaugh notes that the Sandra Fluke incident was the biggest mistake he's ever made. He didn't expect that the backlash would lead to many of his longtime providers dumping him.
Major companies have cut ties with AM talk. Glenn Beck and that annoying conservative agitator Sean Hannity have also taken nosedives as well.
Limbaugh is 65 years old. Most of the audience is old people.
The infighting from Republicans over Donald Trump and Ted Cruz has divided the AM agitators.
Limbaugh was once the "gold standard" for Republicans. Now he's just an old fart who screams into the microphone and his audience has to turn on their hearing aids to hear him.
Many political junkies believe that Limbaugh, Hannity and The Drudge Report contributed to Barack Obama winning his elections.