End of Imus Show a Corporate Decision.

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End of Imus Show a Corporate Decision. Following yesterday’s report of the end of the WABC, New York-based “Imus in the Morning” program, today we learn a little more about why Cumulus is shutting down the program on March 29, even though Imus is under contract through December. As reported in the New York Daily News, Don Imus himself says that the company – in the midst of a Chapter 11 bankruptcy reorganization – can save millions by cancelling the program. During a bankruptcy reorganization a company must do its best to contain costs wherever it can. Imus understands the position Cumulus is in, saying he has no intent to speak ill of the company. He said on the air, “The agreement they had me sign was full of language about, ‘He can’t disparage the company.’ Well I wasn’t going to do that. I don’t feel like that.” The program is syndicated nationally via Westwood One.

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