CBS Radio to merge with Entercom - Page 14
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Thread: CBS Radio to merge with Entercom

  1. #131

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    Quote Originally Posted by KTN Corp View Post
    Now that it has been approved, integration of the acquired stations into Entercom is the next phase, and the biggest part, of the acquisition. CBS has replaced CBS Radio at the end of breaking news promos for the past year or two for the CBSN stream, perhaps in anticipation of this event (or the decline of radio, outside of music, in general).

    This sale has further cemented CBS' position as a content creator/provider. Television, through the local stations division, are the only broadcast licenses left that the company owns due to the nature of network TV (up to now). This may change by the next decade (or two). Perhaps the changes might include any linear video, including CBS Sports Network on cable.
    Also CBS at the same time has taken over Ten Network Australia in a deal that was widely reported in the Australian press citing Ten Networks board members and an Australian court approving CBS to take over Ten Network last week.

  2. #132

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    Dallas and New York City just said goodbye to AMP and hello to Alt as Alternative Rock returns to those market as WBMP 92.3 in NYC flipped and brings the format back to the iconic 92.3 location which was former home of K-Rock, the former home of "The Howard Stern Show" until he left CBS radio to join Sirius (later Sirius) in 2005-2006. and also KVIL is the new home of Alternative Rock in the DFW market as it flipped from AMP To ALT 103.7 retaining the iconic heritage call.

    for Dallas, it's gonna be weird for KVIL to be direct rival of some sort to iHeartMedia's KEGL 97.1 The Eagle even if 97.1 is more of a harder and heavier rock station that got some 102.1's former music when IHM killed The Edge last year. in fact, this might fill the void left behind by KDGE 102.1 The Edge after it flipped to Star 102.1 last year

  3. #133
    Entercom must see something in alternative rock that neither advertisers nor competing radio companies do, and somehow this soft spot for an underperforming format passes muster with the Entercom bean counters. Odd, but congrats to the rock fans of NYC for getting a station again.
    Last edited by CTListener; 11-17-2017 at 06:43 PM.

  4. #134
    Quote Originally Posted by CTListener View Post
    Entercom must see something in alternative rock that neither advertisers nor competing radio companies do
    President David Field is a fan...although he prefers 90s alternative. So if something is underperforming (which AMP was), it's a good target.

  5. #135

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    https://en.m.wikipedia.org/wiki/National_Amusements

    That's interesting National Amusements has been named as the majority owner of Entercom.
    If you are wondering who National Amusements are its an investment company run by the Redstones that owns majority stock in CBS, Viacom and Entercom as of 2017. Interesting that Ten Network Australia is not listed as an investment by the Redstones given that CBS had a deal with Ten Network Australia at the same time Entercom deal was at play in the USA.

  6. #136
    Quote Originally Posted by RadioPatrol View Post
    https://en.m.wikipedia.org/wiki/National_Amusements

    That's interesting National Amusements has been named as the majority owner of Entercom.
    If you are wondering who National Amusements are its an investment company run by the Redstones that owns majority stock in CBS, Viacom and Entercom as of 2017. Interesting that Ten Network Australia is not listed as an investment by the Redstones given that CBS had a deal with Ten Network Australia at the same time Entercom deal was at play in the USA.
    This came about through the way the Reverse Morris Trust works. CBS stockholders, and the Redstones own controlling stock in CBS, are now majority owners of Entercom. I think the figure is 58%.

  7. #137
    Quote Originally Posted by RadioPatrol View Post
    https://en.m.wikipedia.org/wiki/National_Amusements

    That's interesting National Amusements has been named as the majority owner of Entercom.
    If you are wondering who National Amusements are its an investment company run by the Redstones that owns majority stock in CBS, Viacom and Entercom as of 2017. Interesting that Ten Network Australia is not listed as an investment by the Redstones given that CBS had a deal with Ten Network Australia at the same time Entercom deal was at play in the USA.
    So... does this mean now that National Amusements owns CBS Radio Network, Entercom and the former CBS Radio stations? If so, it sounds like there be no change.
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  8. #138
    Quote Originally Posted by itsRoly4266 View Post
    So... does this mean now that National Amusements owns CBS Radio Network, Entercom and the former CBS Radio stations? If so, it sounds like there be no change.
    There isn't any CBS Radio Network. The CBS News Radio is still owned by CBS Corporation. But National Amusements is majority owner of CBS Corporation too.

  9. #139
    Quote Originally Posted by TheBigA View Post
    There isn't any CBS Radio Network. The CBS News Radio is still owned by CBS Corporation. But National Amusements is majority owner of CBS Corporation too.
    So CBS News Radio, CBS, Entercom and the former CBS Radio stations are all under National Amusements through majority ownership?
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    The Changing Newscasts Blog... The Latest News about Local Newscasts.

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  10. #140
    Quote Originally Posted by itsRoly4266 View Post
    So CBS News Radio, CBS, Entercom and the former CBS Radio stations are all under National Amusements through majority ownership?
    AND Viacom, owner of MTV Networks:

    Subsidiaries
    Viacom (80%)
    CBS Corporation (80%)
    Entercom (72%)

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