An open letter to David Field
August 29, 2022 Mr. David Field Chairman, President and Chief Executive Officer Audacy Incorporated Dear Mr. Field: Allow me the introduction. I’m basically a listener with perhaps a more-than-casual interest in what’s happening on our local dial. I’m hoping my unsolicited comments provide a helpful perspective, given your company’s major investment in the Los Angeles market. Your company, owns hundreds of stations, five outlets (technically six) here in Los Angeles. Let’s first offer appropriate props. K-EARTH 101 (KRTH), The WAVE (KTWV), and JACK-FM (KCBS-FM) are all quite successful. They’ve been steady performers and garner very good ratings. KNX and KROQ are well-established call letters. themusicnetwork.com Still, everything’s not perfect. We're aware times are tough, witness your company's recent reduction in force . It’s quite well known the total audience for radio continues to decline. Maybe radio is not the “new and shiny” object compared to streaming on ...