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Originally, the plan was for Entercom to recognize $25 million in cost-saving synergies from its merger with CBS Radio. Entercom CEO David Field has hinted in previous earnings calls that there was a possibility that could go higher, but this increase was massive.

The Entercom Q3 revenue decline was 1% and that's excluding political. Overall, Entercom took in $122.3 million for the quarter. Both national and local were down. CEO David Field believes one of the reasons the revenue was down slightly was the disruption of the past nine months.

CBS Radio has some of the most recognizable radio brands in the country and Entercom CEO David Field says they've been neglected -- and he intends to change that. Field says CBS Radio is a wonderful company with tremendous people. He was even asked about the morning show at WFAN in New York.

Those words from Urban One CEO Alfred Liggins. While the Urban One radio stations were down less than 1% in Q3, the company outperformed the markets it operates in, according to Miller Kaplan, and that's a good sign, according to Liggins.

We haven't written much about Irving Azoff's Global Music Rights Organization, lately, nor have we really heard how much radio companies were paying under agreements they work out with the new PRO. Until Thursday.

CEO Alfred Liggins says Urban One was not in on the Entercom/CBS divestitures. "We saw the lineup, we did not participate." Liggins said only two stations were urban focused and there were a number of markets in play where Urban One doesn't own stations. The company typically looks for stations where it already has clusters that can help it de-lever.

For the third quarter of 2017, the pure-play streaming company lost $66.2 million compared to a net loss of $61.5 million in the same quarter last year. Overall revenue for Q3 was $378.6 million, an 8% increase over 2016. Advertising revenue of $275.7 million was a 1% increase over 2016.

Educational Media Foundation paid $5.63 million for Brown University's WLVO-FM (formerly WBRU-FM) in Providence. The deal was first announced on August 29. The student-run station moved to an all-digital platform. Robert Maccini of Media Services Group was the broker for Brown Broadcasting in the deal.

Mr. Master and Premiere Networks have reached an agreement for Premiere to become the exclusive sales rep for Mr. Master’s AIM software. AIM (Automation Import Manager) allows stations to automatically process their audio, place it into automation systems, and post the exact time of airing back to the content provider.

Lazer Broadcasting’s listeners have donated close to $1 million for Mexico’s earthquake victims, relief for Sonoma County residents affected by wildfires, and support for the hospitals of the Children’s Miracle Network. The company's 9th annual 3-day CMN Radiothon raised $752,228.84.