CBS Radio to merge with Entercom
Page 1 of 8 123 ... LastLast
Results 1 to 10 of 75

Thread: CBS Radio to merge with Entercom

  1. #1

    CBS Radio to merge with Entercom

    Entercom release: http://www.entercom.com/cbs-corporat...m#.WJMvyH8pkyU

    Plenty of coverage elsewhere.

    Discuss.

  2. #2
    Well, I guess that's a great way so that CBS Radio doesn't have to come up with a new name after it's spun off. The name, I guess, will be Entercom

  3. #3
    Jonathan7157's Avatar
    Join Date
    Sep 2015
    Location
    Florida
    Posts
    368
    What will happen to the AMP Radio brand in NYC, L.A., Boston, Detroit, Dallas, and Orlando after Entercom acquires them? Will there be more AMP Radio stations nationwide, like in Greenville, Rochester, and Denver, or will AMP Radio end, and all are rebranded, but still retaining their Top 40 format? I wonder if there will be two 102 Jamz in Winston-Salem and Orlando?

    There are plenty of questions about the fate of AMP Radio, when Entercom acquires CBS Radio. We may also see the end of radio.com, but who knows?

  4. #4
    You can bet a lot of companies will be kicking the tires of some of the properties CBS and Entercom will have to spin off in Los Angeles, San Francisco, Sacramento, Boston, San Diego, and Seattle. I like to see Beasley or Cox make a move and go after a few.
    Last edited by only1moore; 02-02-2017 at 09:54 AM.

  5. #5

    Join Date
    Apr 2016
    Location
    Solano County, California
    Posts
    2,273
    Wow that is an interesting move here. I see why CBS Would merge with Entercom and thats to go after Cumulus and Iheart though.


    http://variety.com/2017/biz/news/cbs...er-1201976392/

    http://deadline.com/2017/02/cbs-merg...om-1201900783/

    and other outlets are confirming the move though.
    Last edited by RadioPatrol; 02-02-2017 at 11:06 AM.

  6. #6
    Quote Originally Posted by only1moore View Post
    You can bet a lot of companies will be kicking the tires of some of the properties CBS and Entercom will have to spin off in Los Angeles, San Francisco, Sacramento, Boston, San Diego, and Seattle. I like to see Beasley or Cox make a move and go after a few.
    I was wondering about that, too. Only spinoff required in San Diego will be 92.1, and it will probably either go to a religious operator or to an operator like Finest City hoping to shore up one of its other signals.

    A couple of other questions will be what the new DOJ will think of this merger and whether the FCC will do away with subcaps. One would expect this DOJ will be more deregulatory than the previous one, though Trump says he hates the media. It's possible he doing that for the publicity, though there could be a tinge of truth to it as well.

  7. #7
    Quote Originally Posted by Kent View Post

    A couple of other questions will be what the new DOJ will think of this merger and whether the FCC will do away with subcaps. One would expect this DOJ will be more deregulatory than the previous one, though Trump says he hates the media. It's possible he doing that for the publicity, though there could be a tinge of truth to it as well.
    CBS has long lobbied against those subcaps. They own a bunch of heritage AMs, and if they could remove them from the ownership limits, it may mean fewer spin-offs. The new FCC has already said it is open to that idea. Trump may say he hates the media, but he mainly means the news media. Also, he has no real role in the approval of this merger.

  8. #8
    It's definitely an interesting deal for sure. The debt Entercom is taking on is a lot lower than what I would have expected. Certainly smaller than what Citadel had to absorb with ABC. The biggest issue I foresee (assuming the merger passes all the regulatory hurdles) is the cultural change for the CBS people. They're going from a multi-platform media company to a radio-only company. When that happened to ABC Radio, there were a lot of adjustments the staff had to make, with regards to things like work rules, benefits plans, and relating to new bosses and infrastructure. How they react and respond to all those changes, as well as the loss of TV resources and their combined economies, will determine if this merger is a success.

  9. #9
    Interesting for sure. And it actually looks like a smart plan, on the radio-side, for everyone, except a handful of execs. Not a bad time if ya happen to have a little of that stock.

  10. #10
    I think there's conflicts in Miami as well because we'll have two sports stations (WQAM and WAXY), a rhythmic CHR (WPOW), a country (WKIS), an alternative (WSFS), a classic hits (WMXJ) and an adult AC that's currently #1 in the market (that one is WLYF).

Page 1 of 8 123 ... LastLast

Tags for this Thread

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  




     
Our Conferences
Useful Contacts
Community


Contact Us