There’s no way around it: the novel coronavirus has greatly impacted many radio and television broadcasting companies. Stories in mainstream media speak of highly decreased advertising revenue, despite increases in viewership. At-home listening to radio is still very, very high, pro-industry research suggests.
Nevertheless, furloughs and permanent job cuts have been seen. Salary reductions have impacted many who are working harder than ever.
What’s an executive to do? Here are some tips from today in 1991 courtesy of “The Human Side” author, Arthur Pell, and the late Dr. Ralph Hirschowitz, a former SVP of Levinson Institute and an Associate Professor at the Laboratory of Community Psychiatry at Harvard Medical School.