Tuesday, April 18, 2017

Dickey Family Goes Full Luxury

The Dickey family was once one of the most powerful radio owners in America. They ran Cumulus broadcasting (into the ground, some would say) for many years, until they were forced out a few years ago.

What are they up to now? They are trying to create another monopoly, and this time it's a monopoly for people who own monopolies. They just purchased virtually every luxury magazine in the country, including Chicago's very own "Michigan Avenue".

Inside Radio has the details.