CBS Radio Will Not Be Kicked Out of The Building


CBS does not plan to lose any synergies it created by having some of its TV stations and radio stations located in the same building when the company spins off radio. COO Joe Ianniello (pictured) told investors that the company will make sure the new lease’s cover both entities. “There’s obviously a lot of stations that have call letters with our call letters on them, and so we’ll preserve that. We’re trying to add to both the profitability of the TV and radio stations, not make one go up and the other go down.”


Please enter your comment!
Please enter your name here