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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."

PodcastOne announced Tuesday that Dr. Drew is teaming up again with Adam Carolla five days a week, this time with the daily Adam & Drew podcast. In each episode Adam and Drew take uncensored, nothing-off-limits, calls about sex, drug, medical and relationship issues. Dr. Drew brings the medicine while Adam's comedy and rants are the spoonful of sugar to make it go down.

CFO Rich Bressler says iHeartMedia's core radio business was up and the company continues to outperform the entire radio industry. A big part of the increase had to do with political advertising revenue. In Q1 this year, iHeartMedia wrote $11.5 million in political advertising business. One year ago, that number was only $2.6 million and the $11.5 million represents a 40% increase over 2012, the last Presidential election cycle.

Radio was a bit of a drag on the local broadcasting division at CBS in what was otherwise a very successful quarter for the company. We never get much color from the company about radio, what we did get from the financials was a short mention that revenue decreased 2%.

Adam Wiener is the new Executive VP/GM for CBS Local Digital Media. Ezra Kucharz is leaving that position on May 6. Wiener joined CBS Local Digital Media in 2010. He served as Senior VP of Content, Community and Operations. He'll be responsible for overseeing the digital operations of CBS’s 29 television stations and 117 radio stations.

The buyer paying $1.8 million in cash is Pueblo de Galilea and this is the company's first radio property. Liberman was simulcasting one of it's Spanish-language FMs on KCOH (1230-AM). The format will most likely be flipped to brokered when the new company takes over. John Saunders was the exclusive broker on the deal.

The John Tesh Radio Show has hit the road to super-serve affiliates and connect with local advertisers. This week, John Tesh, Intelligence For Your Life co-host Gib Gerard, and Teshmedia syndication "Pit Bull” Scotty Meyers embarked on a ten-station road show performing, meeting with station’s clients, and of course their listeners. Here’s Tesh & Gerard performing a promotional song/video, written especially for KURB/FM “B98.5” Little Rock

The new 24/7 comedy network is called "Today's Comedy Network," from Envision Networks. It delivers non-stop blocks of jokes and one-liners from top comedians. Each hour is programmed with more than 20 additional comics with new tracks being added to the rotation on a weekly basis.

iHeartMedia announced that it now has 85 million iHeartRadio registered users. The company hit 80 million this past January, adding five million users in a little over three months. Also, the the iHeartRadio app has now been downloaded more than 900 million times. iHeartRadio is available on 80 unique platforms.

Greater Media has renewed its partnership with Triton Digital. Greater Media will continue to use Triton’s streaming technology across their 21 stations in Boston, Charlotte, Detroit, Philadelphia, and New Jersey.