Will Interep Be Sold Today?
October 31, 2008 at 5:31 AM (PT)
As ALL ACCESS reported TUESDAY (NET NEWS 10/28), Federal bankruptcy trustee KENNETH SILVERMAN has kept INTEREP open this week as the future of the company is sorted through, including the rumor of an internal offer to possibly save the financially embattled rep firm -- or parts of it.
Our sources inside the company say no names have been mentioned internally as potential buyers.
We still hear clients like CBS and ENTERCOM were each preparing for a future without INTEREP.
Will they go to KATZ MEDIA? Or, will one of them become the nucleus of its own national rep firm to compete with KATZ?