What next for TM Studios?

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  • #10278
    IainJohnston

      Noticed on US radio industry websites today that latest TM owner Dial Global has been bought up by Cumulus in yet another round of mega-Corporate consolidation and company munching.

      Implications for TM?

      Would they flog it off as a “non core business”?

      #91569
      ratnob
      Member

        It’s all very tiresome, and sad to see the way radio is a commodity for big business. Fingers crossed for TM who produce so much great material.

        #91580
        loujosephs

          All sorts of not good things will happen, basically tight controls, and the usual layoffs.
          Plus the sales commissions will be cut but this is what Cumulus has done with everything they own. Maybe they might sell it. Who knows..but know this this group operator is clueless.

          #91581
          Tracy Carman
          Member

            I think it will be business as usual at TM. They’re already running lean and mean, so there’s no reason for Cumulus to screw around with them.

            #91582
            TomN
            Member

              I agree. With all of content that DG (and Cumulus) produces, it’s probably a good idea to have your own production house. Clear Channel owns Reelworld; I don’t see any breakdown in its business.

              #91584
              Admin

                TomN : ReelWorld is not owned by Clear Channel. They are 100% privately owned but have a very successful partnership with Premiere Networks (owned by Clear Channel).

                #91585
                TomN
                Member

                  I apologize for that error; in fact I was quite surprised when I saw Reelworld appear on Premiere’s website.

                  #91601
                  jlehmann

                    Wasn’t it rumored that Cumulus was producing their own jingles, like the new package for WEBE 108, or did someone eventually figure out who produced those?

                    #91602
                    mb
                    Member

                      If they were I would assume you’d merge that into TM Studios given their catalogue / skill / market share and expertise.

                      #91603
                      mjb1124
                      Member

                        I found out that the package WEBE uses was created by Sound Quadrat for Cumulus stations. Warm 98 in Cincinatti was the pilot station. Apparently Sound Quadrat is the parent company of Benztown Branding, which another poster claimed was owned by Cumulus. If they do indeed own Benztown/SQ outright, then I’d expect some sort of consolidation with TM Studios.

                        But either way, I expect Cumulus to relish the fact that they own one of the world’s biggest jingle companies. Let’s just hope the quality of the product doesn’t suffer.

                        #91604
                        michi
                        Member

                          I would be concerned how this will impact (if at all) iJingles, Studio Dragonfly and the ability for MPF to use the TM material.

                          #91606
                          IainJohnston

                            “ability for MPF to use the TM material”

                            I must admit THAT is an angle I hadn’t actually thought about at all.
                            (“its the painkillers nurse…”)

                            I think that rest assured, should that scenario ever arise, there’s a very sharp “legal mind” at MPF that would certainly know how to handle the situation! :)

                            #91614
                            tophour_brian
                            Member

                              Cumulus does not own Benztown, but has a licensing/representation agreement with them similar to the agreement between ReelWorld and Premiere/Clear Channel.

                              Benztown has produced a few jingle packages for Cumulus, including a classic hits package piloted for KRRF and the aforementioned AC package for WRRM. I don’t believe they did the package for the NASH FM stations, although I could be wrong.

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