Assuming the DOJ or FCC aren't waiting in the wings to derail this deal, it looks like mid to late November, CBS Radio will be gone and Entercom will become one of the largest radio companies in the industry, with 235 stations, including stations in 22 of the top 25 U.S. markets. Entercom CEO David Field has never wavered from his prediction that this mega-merger would close in the 4th quarter of 2017. First the news from The CBS Corporation.
CEO David Field said the CBS exchange offer was "another important step forward towards the completion of our transformational merger with CBS Radio." Field went on to tell his team how happy he was about what lies ahead.
Earlier this week, Townsquare announced Bill Wilson and Dhruv Prasad were promoted to Co-Chief Executive Officers and Steven Price transitioned to Executive Chairman of the Board. Wilson was Townsquare's Executive Vice President and Chief Content & Digital Officer, and Prasad the company’s Executive Vice President, Live Events. In a Thursday night SEC filing, we found out exactly how much money they will all make.
With 28 years in the business, Donna Baker has been a manager for all but four of those years. Let's find out how she's been able to achieve such great success. Here's our extended interview with one of Radio's Best Managers.
Two Senate Democrats have heard enough about Russia trying to influence U.S. elections by purchasing ads on popular websites such as Facebook and Google. Senators Amy Klobuchar of Minnesota and Mark Warner of Virginia introduced The Honest Ads Act, Thursday afternoon. It would require greater disclosure about online political ads, putting the World Wide Web more in-line with radio and TV. Online advertising is pretty much a free-for-all when it comes to disclosure rules.
Independents and smaller groups may seem to face a different set of challenges, especially when it comes to maintaining a competitive edge and commanding their due share of revenue against the bigger groups. But smaller can be more flexible, nimbler, and easier to maneuver without layers of interference or corporate inertia.
CBS News Radio is launching The Takeout, a national, weekly, one-hour program about politics, policy, and pop culture hosted by CBS News Chief White House Correspondent Major Garrett and CBS News Political Director Steve Chaggaris. The first episode airs Friday, October 20.
Westwood One News will present a retrospective, Pain & Pride: Remembering Vietnam – 50 Years Later, a look back at 1967, a pivotal year in what may have been the most polarizing event of 20th century America. Nearly half a million American troops were fighting in Vietnam at that time and the anti-war movement at home was heading toward a fervent peak.
ACM Lifting Lives announced today a donation of $250,000 to three key organizations in support of those affected by the recent Las Vegas tragedy. A $200,000 donation will be made to MGM Resorts Foundation “Victim Relief & First Responders’ Fund,” the National Compassion Fund will receive a donation of $25,000, and Friends of Las Vegas Metropolitan Police Foundation will receive $25,000.
On Thursday afternoon, iHeartMedia CEO Bob Pittman accepted the Broadcaster of the Year award from the New York State Broadcasters Association in New York City. NYSBA President David Donovan said, “Bob Pittman is a true industry leader and perhaps the most creative, visionary, and dynamic executive in broadcasting. His views not only shape the radio industry, but the future of all media in this country."
The show is called Go Big or Go Home, and it will be hosted by Tom Maoli. It's Maoli's first stab at broadcasting. Maoli is a successful New York-area business owner and real estate developer.
That's because Amy Griesheimer is no longer with the company after 16 years in the Denver market. A nationwide search is underway for a replacement Market Manager in Denver. In July of 2015, Entercom named Doug Abernethy as VP/GM of its Miami cluster. He joined Entercom in April 2015 after 10 years as a Regional Vice President with Radio One. Entercom has four FMs and one AM in the Denver market.
Fordham University Athletics will celebrate the life of New York Knicks analyst and alumnus John Andariese when he posthumously receives the Johnny Bach Award, Monday, October 30 in New York City. Andariese began as color analyst on Knicks broadcasts -- in a career that spanned four decades -- during the 1972-1973 season on radio, teaming with Marv Albert.
As he signs a new two-year agreement with Reach Media, 2019 will be Tom Joyner's final year on the radio. From the press release: "Reach Media today announced a two-year agreement that extends the Tom Joyner Morning Show in radio syndication through December 31, 2019, as he culminates his trailblazing career."
ABC News Nightline examines the twists and turns of an intriguing unsolved murder in the new multiplatform docu-series A Murder on Orchard Street. The seven-parter is available across all ABC News digital platforms, select streaming platforms, and has been adapted into a podcast produced by ABC Radio.
On November 3, Pandora will hold their second Sounds Like You: Country concert in Nashville, this time featuring Blake Shelton. It’s also a homecoming for Emmy-winning country-pop phenomenon Maggie Rose, who will open the show.
The multi-year deal will see AudioHQ become the exclusive re-seller – in the United States – of the streaming service’s audio advertising inventory. TuneIn serves more than 75 million active monthly users.