I don’t know if I would chalk iHeart’s problems up to the stop-Limbaugh effort, noble as the latter may be. Podcasting and online content have been knocking the legs out from under the traditional media outlets for quite some time and talk radio as a genre is now well into transforming into talk-podcasting.

More enlightening here is the emptiness of all those creative buy-outs through high leveraging that were so populat, and the false “wealth” they generated. Only the few (like Mitt Romney) profit from these schemes while the majority (in this case Clear Channel now iHeart employees) suffer.