Net News search results for: entercom/cbs
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November 7, 2017
Heading Into Merger With Entercom, Moody's Assigns CBS Radio A Ba3 Rating
MOODY'S INVESTORS SERVICE has weighed in on the ENTERCOM/CBS RADIO merger by assigning CBS RADIO's proposed $250 million revolving credit facility a Ba3 rating. MOODY'S notes, "The transaction is expected to close following the … more »
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November 2, 2017
No New Deals Show Up In FCC Transaction Database Today; Texas Cluster Sold, EMF Closes On WBRU/Providence Purchase
No new station transactions appeared in the FCC database THURSDAY morning, as the paperwork for the ENTERCOM/CBS spinoff swaps with iHEARTMEDIA and BEASLEY make their way to the Commission. In the meantime, MINNESOTA PUBLIC RADIO has requested Silent … more »
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November 1, 2017
Entercom/CBS Radio Merger OKd By DOJ; iHeartMedia, Beasley Swap For Spinoffs, Bonneville LMA In SF, Sacto
ENTERCOM COMMUNICATIONS has reached a settlement with the U.S. DEPARTMENT OF JUSTICE, clearing the path for its merger with CBS RADIO. ENTERCOM now expects the deal to close as early as FRIDAY, NOVEMBER 17th, pending approval from the FCC. The agreements … more »
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October 13, 2017
Entercom/San Francisco VP/Market Mgr. Steve DiNardo Exits
Hot on the heels of the recent ENTERCOM/CBS RADIO scheduled station spinoffs (NET NEWS 10/10), which included AC KOIT and Urban AC KBLX/SAN FRANCISCO and Classic Rock KUFX/SAN JOSE, comes news that BAY AREA VP/Market Manager STEVE DINARDO has … more »
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September 27, 2017
Price For Entercom L.A., San Diego, N.E. Pennsylvania Spinoffs To EMF: $57.75 Million
The day after ENTERCOM announced its first spinoffs to EDUCATIONAL MEDIA FOUNDATION in anticipation of the ENTERCOM/CBS RADIO merger/acquisition (NET NEWS 9/26), the paperwork filed with the FCC shows the price for the three stations and two boosters as … more »
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September 18, 2017
CNBC's Jim Cramer Defends Radio
There's plently of chatter regarding the demise of radio, but CNBC “Mad Money” host JIM CRAMER seems bullish and is ready to “defend the radio business.” He does just that discussing the ENTERCOM/CBS deal, insisting radio is … more »
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August 24, 2017
Natalia Soniak Adds PD Stripes At WPTE (94.9 The Point)/Norfolk As Barry McKay Exits
ENTERCOM Top 40 WNVZ (Z104)/NORFOLK PD NATALIA SONIAK adds programming duties for sister Hot AC WPTE (94.9 THE POINT), replacing BARRY MCKAY, whose position was eliminated. VP/Market Manager BENNETT ZIER said, "NATALIA is one of our great leaders … more »
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August 17, 2017
Entercom Pushes Radio's Positives At Investor Conference
ENTERCOM presented at the GABELLI BROADCAST SYMPOSIUM on TUESDAY, AUGUST 15th, a list of positives about radio to investors, focusing largely on the soon to be officially combined ENTERCOM/CBS RADIO. ENTERCOM noted in a POWERPOINT deck named, "Why … more »
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August 17, 2017
Marci Ryvicker Says There Are 'No Outs' In The Entercom/CBS Radio Deal
WELLS FARGO Sr. Analyst MARCI RYVICKER writes in a new newsletter, "Our investor meetings (NYC, 8/16) with DAVID FIELD (CEO) and RICH SCHMAELING (CFO) were packed -- which says a lot re: investors interest, esp. given the mid-AUGUST summer doldrums. … more »
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July 10, 2017
Update on Entercom/CBS Radio Merger; Senior Corporate Leadership Team Announced
ALL ACCESS has obtained a copy of a memo from ENTERCOM Pres./CEO DAVID FIELD laying out the Senior Corporate Leadership Team for the combined ENTERCOM/CBS RADIO. He writes, "I am writing to provide you with an update on planning for our approaching … more »