Cumulus CEO on Limbaugh advertising fallout: “The facts are indisputable”
Asked to address speculation that Rush Limbaugh would be leaving Cumulus Media and that Limbaugh's comments about Sandra Fluke lost the network millions in ad revenue, CEO Lew Dickey commented: "We've had a tough go of it the last year. The facts are indisputable regarding the impact certain things have had on ad dollars."
Despite sources close to Limbaugh that accuse Dickey of scapegoating the radio host for a bad quarter, Limbaugh himself has addressed his advertiser woes in the past. But Limbaugh doesn't see his offensive bloviating as the problem driving mainstream advertisers away; instead, he accuses media buyeres who are "young women fresh out of college" and "liberal feminists who hate conservatism" of "trying to harm" him.