Entercom's Impact on NYC - Page 2
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Thread: Entercom's Impact on NYC

  1. #11
    Quote Originally Posted by badjef View Post
    All of the CBS employees will probably have to fill out new job applications as a formality, regardless of length of time with the old company.
    Not job applications, but all their benefits will likely change, they'll have to close out their existing retirement plan, and reset any automatic deductions or auto-pays.

    Usually the job applications simply transfer, along with their seniority.

  2. #12

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  3. #13

  4. #14

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    Quote Originally Posted by RadioPatrol View Post
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  5. #15
    Would CBS let 880 and 101.1 keep the W CBS calls?

  6. #16
    Quote Originally Posted by ThePowerCow View Post
    Would CBS let 880 and 101.1 keep the W CBS calls?
    The agreement says they get to use it for 20 years. Also KCBS AM & FM.

  7. #17

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    $25 million in cuts? Sounds like absolutely everyone is getting fired. What would replace all-news on WCBS, WBBM, KCBS, etc

  8. #18
    Quote Originally Posted by gr8oldies View Post
    $25 million in cuts? Sounds like absolutely everyone is getting fired.
    Hardly. The CEO of CBS Radio has already said he's leaving. That'll save a bunch. Cumulus promised about the same in "synergies" when they bought Citadel. They did it in about a year without any major cuts.

  9. #19

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    Quote Originally Posted by TheBigA View Post
    Hardly. The CEO of CBS Radio has already said he's leaving. That'll save a bunch. Cumulus promised about the same in "synergies" when they bought Citadel. They did it in about a year without any major cuts.
    Most of these cuts that Entercom will have to make are mainly at the corporate level. Those cuts intend to eliminate redundant corporate positions.

  10. #20
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    Quote Originally Posted by miketheradioguy View Post
    Most of these cuts that Entercom will have to make are mainly at the corporate level. Those cuts intend to eliminate redundant corporate positions.
    Many of the cuts will be in the markets where there are currently both Entercom and CBS clusters. Sales, traffic, engineering and many other internal functions can likely be consolidated. Savings will also come from co-locating all stations.

    There will also be savings by moving the CBS offices to Philly and closing the Nashville support office.

    Future savings can come from greater leverage on purchasing, further consolidation of traffic, accounting, billing and collections and even in legal and other support functions.

    Combining all digital / new media operations looks like a big area for savings and greater market presence.

    And I am sure I missed a number of areas.
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