Paul Agase |
“Paul has made a significant impact driving sales for Chicago radio. His talents are an ideal match for Cumulus Chicago’s iconic stations and we are excited to welcome him to the company,” said Jon Pinch, Executive Vice President & Co-Chief Operating Officer.
“I am thrilled to be joining Cumulus working with these legendary Chicago radio brands creating solutions for advertisers,” Agase said.
Chicago media bloger Robert Feder quotes sources saying Agase had been under pressure because of declining sales at the Newsradio combo. Although still leading the market at $41.9 million, WBBM/WCFS advertising revenue fell more than 8 percent in 2013, according to Miller, Kaplan, Arase & Co. Overall Chicago radio revenue declined only about 2.5 percent last year.
Rod Zimmerman, senior vice president and market manager of CBS Radio Chicago, thanked Agase in a memo to staff Friday, adding: “I’m sure you join me in wishing Paul success (but not too much) and happiness in his new position. Seriously, growing radio’s share of the advertising pie is everyone’s first goal, and knowing Paul will still be in Chicago supporting that effort, is a good thing.”
The Cumulus Chicago cluster includes the two stations where Agase will manage sales as well as 94.7 WLS-FM and 101 WKQX.
No comments:
Post a Comment