Report: CBS Radio May Be The Unnamed Company Moving 200 Jobs To Nashville

Nashville Move?

Is CBS RADIO the company moving 200 jobs to NASHVILLE in a move code-named "Project A" by TENNESSEE officials? NASHVILLE BUSINESS JOURNAL reports that at a meeting of the area's Industrial Development Board, TENNESSEE DEPARTMENT OF ECONOMICS AND COMMUNITY DEVELOPMENT Dir./Business Development JAMARI BROWN referred to an unidentified company ready to make a $5 million investment in relocating 200 jobs to NASHVILLE with an average salary of $48,000 per year and a lease for downtown office space being negotiated. The JOURNAL's ADAM SICHKO cites "multiple sources" in naming CBS RADIO as the company in question.

A move of CBS RADIO to NASHVILLE, where the company presently does not own any stations, would follow WARNER MUSIC GROUP's recent commitment to put its national finance department in MUSIC CITY, with up to 500 jobs being added to the economy in four years with that move (NET NEWS 10/28).

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