Radio’s Beachfront Property Just Went On The Market

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CBS Radio consists of 117 stations in 26 markets, including clusters in every one of the top 14 markets. BIA estimated CBS stations generated nearly $1.3 billion in 2014 and CBS Radio consistently has five of the top 10 billing radio stations in the country. They are iconic brands such as WCBS in New York, WBBM in Chicago, KYW in Philadelphia, KMOX in St. Louis, KDKA in Pittsburgh, the list goes on and on. Here's a complete listing of the stations many companies will be salivating to get a shot at purchasing...

Who Are The Potential Buyers?

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In all likelihood radio's two biggest players will not be participating in what will probably be the sell-off of some of radio's best radio stations and brands. With debt and revenue issues facing iHeartMedia and Cumulus, most of the financial experts we spoke to Tuesday believe those two companies will not be involved in any CBS deals. And, as Media Services Group broker Bob Heymann tells Radio Ink, in all likelihood, it will not be one buyer, they will be sold as market clusters. So who are possible buyers? Let the speculation begin.

How Interested Will David Field Be In CBS Stations?

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Broker Bob Heymann says we should keep an eye on Field. "Entercom is a very good candidate to pick off clusters." And Field has consistently said he would be open to looking at deals that made strategic sense to the company. Being bullied by the DOJ over the Lincoln Financial deal has probably worn off by now, and with only one station in Los Angeles Field might be thinking, KCBS, KNX, KROQ, and KRTH would look pretty cool emblazoned with an Entercom logo.

Boston Herald: CBS is Selling Because of The Internet

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You might find this opinion a bit of a stretch. Boston Herald writer Rick Shaffer says CBS is selling its radio stations because the model of radio is broken and the Internet is taking over.

5 Days To Go Until Radio Ink’s Hispanic Radio Conference

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Time to register is winding down. Our registration's are up big-time for our 2016 Hispanic Radio Conference in Ft. Lauderdale. It's time to claim your seat. Here are 10 reasons you can't afford to miss the Hispanic Radio Conference, March 22 and 23...
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Four Hot Springs Stations Changing Hands

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Media Service Group's Bill Whitley tells us Central Arkansas Radio Group is buying KLAZ-FM, KYRC-FM, KHRK-FM, and KBHS-AM in Hot Springs, Arkansas. The seller is Noalmark Broadcasting Corporation headed by William Nolan.

Why It’s OK To Tell Your Clients To Spend More Money With You

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A new study just released by the Advertising Research Council, and detailed in AdAge, provides powerful information for your sellers who battle to pull advertising dollars from clients exclusively advertising with TV or print or even digital. The study, which included 5,000 campaigns for 1,000 brands, concluded ...

Sanders Takes Radio’s Top Spot

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Tuesday is another big primary day for the candidates running for President with both Ohio and Florida among the states that will choose their delegates. Media Monitors is out with its latest report on which candidates are using radio the most in their battles to win the nomination.

Consumers Love Streaming Music On Their Phones

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Parks Associates has released new research that says smartphone owners spend more time every day listening to music on their device compared to any other entertainment activity. Sixty-eight percent of smartphone owners stream music, spending 45 minutes per day listening.

New App From Clip For Entravision Show

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Entravision has teamed up with Clip Interactive to develop an app for its nationally syndicated El Show de Erazno y la Chokolata. The app has already generated close to 100,000 downloads. Entravision COO Jeff Liberman, who will be part of Radio Ink's Hispanic Radio Conference next week, talks about the new app...

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September 9, 2024


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