Headlines

Beasley is selling 6 stations it owns in the Greenville-New Bern Jacksonville, North Carolina market. Beasley will make $11 million on the deal and use the money to pay down debt. Here are the details of the deal.

(By Ronald Robinson) Radio continues in its refusal to address the communication model it has held and protected, sometimes viciously, for decades. Radio has been unable to define, never mind successfully defend, the premises and dogma on which it has been running…forever.

(By Bob McCurdy)The latest USA TouchPoints data for 2016 (Jan ’16-Oct ’16) has just been published and it again confirms the popularity of AM/FM programming and the key role it should play in any media campaign.

Entercom’s WKAF Boston, broke off from its 10-year simulcast of sister Rock station WAAF to launch an Urban AC format as The New 97.7 and launched January 5. Now comes the news that Monday will see the debut of The Morning Wake Up with KJ and Kesha on the 97.7FM.

It was no secret CBS corporate wanted any deal for its radio assets to be tax friendly - enter the "Reverse Morris Trust." A Reverse Morris Trust is a tax-optimization strategy that makes the deal tax-free to CBS shareholders.

If this deal goes through, Entercom will go from owning 125 stations in 28 markets to owning 244 stations in 47 markets. There are six markets the company has identified as markets where they will be over the limit and have to divest. Those markets are...

There will no doubt be several other players in this mega-merger between Entercom and CBS. With 6 markets set to exceed FCC ownership caps, other owners are now looking at the ratings for possible spins they can bid on and checking their bank accounts to see if they have the cash. Or, could there be another way? Let's dig deep into the possibilities...

He came in after Dan Mason with an eye toward either selling CBS's radio division or spinning it public. Once the merger between CBS Radio and Entercom closes, which is expected in the second half of the year, CBS Radio President and CEO Andre Fernandez will exit. So who will lead this new larger company after it closes?

In a note to investors, respected Wells Fargo analyst Marci Ryvicker said the merger between Entercom and CBS was positive for both companies. "Bottom line, we think this deal is beneficial for both companies."

The deadline has passed for radio stations to take, or leave, a temporary licensing deal with Irving Azoff's Global Music Rights group. The temporary license was offered by GMR as the two sides battle in court over what radio should eventually pay for the rights to GMR's recordings.