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CBS Radio and Westwood one renew their distribution contracts

I think this makes a lot of sense for both sides. Westwood One has the rights to a lot of good content and CBS needs distribution other than its proprietary distribution for its sports and news content. CBS is lagging in a digital presence though. Their 'Radio.com' app seriously lags iHeart. If they make any acquisition at all, perhaps they should look at buying TuneIn.
 
umfan said:
CBS is lagging in a digital presence though. Their 'Radio.com' app seriously lags iHeart. If they make any acquisition at all, perhaps they should look at buying TuneIn.
Click to expand...

CBS has been the kind of company that builds something rather than buys. They have the brains within, and they can create it themselves. I think that's part of why they're so fired up about the IPO. It gives them the investment money to build new digital platforms and also get into the live event area.
 
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