Category Archives: CBS

CBS Radio to be merged into Entercom

Posted on February 2, 2017 by Fred Stiening

The rumors were true http://www.cbscorporation.com/2017/02/cbs-corporation-and-entercom-announce-merger-of-cbs-radio-with-entercom-to-create-preeminent-radio-platform/ Thanks to JerseyDevil for breaking the story while I was asleep having nightmares about ostriches looking in my windows. The deal is structured as a tax free exchange called a Reverse Morris Trust. CBS shareholders … Continue reading →

Posted in CBS, Entercom | 7 Comments

Jon Grayson is done

Posted on December 2, 2016 by Fred Stiening

Jon Grayson was originally doing an overnight show on KMOX in Saint Louis – CBS radio spread the show to its own stations, and then went into wider syndication by Westwood One, now owned by Cumulus Media. The main competitors … Continue reading →

Posted in CBS, Cumulus Media, Talk Radio, Westwood One | 3 Comments

It’s official – CBS to spin off Radio

Posted on July 6, 2016 by Fred Stiening

https://www.thestreet.com/story/13630779/1/cbs-stock-up-radio-division-ipo-planned.html Showing lack of historical context, this articles says that the radio stations have been part of the company since the beginning. Well, that’s sort of true. The radio stations were CBS. CBS TV didn’t arrive until after World War … Continue reading →

Posted in CBS | 4 Comments

iHeart’s time is up

Posted on April 6, 2016 by Fred Stiening

A month ago, creditors filed a notice of default for allegedly violating the terms of the loan agreements. A friendly judge in Texas gave iHeart 15 days to resolve the issue, and another 15 day extension. iHeart broke off negotiations … Continue reading →

Posted in CBS, IHeart Media | 5 Comments

The Eyes have it

Posted on March 16, 2016 by Fred Stiening

CBS Radio is in play. Now that Sumner Redstone is out of the picture at Viacom and CBS, rapid change may be in the air. Les Moonves runs CBS, and CBS radio is a division within CBS. CBS Radio is … Continue reading →

Posted in CBS, Cumulus Media, Radio Biz, Radio News | 1 Comment

Sumner Redstone gone from CBS

Posted on February 3, 2016 by Fred Stiening

The Man who believed he would live forever – and needed to make no succession plans for CBS or Viacom is gone. In recent days, shareholders filed lawsuits claiming that Sumner Redstone was being paid to do a job that … Continue reading →

Posted in CBS, Radio Biz, SiriusXM | 7 Comments

All News WTOP topples CBS’s WNEW-FM

Posted on December 21, 2015 by Fred Stiening

CBS radio has given up trying to compete with Hubbard Radio’s WTOP in the Washington DC market. When CBS acquired the FM station from Family Broadcasting at 107.9, that freed up the 99.1 frequency to become an all news station … Continue reading →

Posted in CBS, Collapse of America, Radio Biz, Radio News | 4 Comments

Sumner Redstone promises to live forever

Posted on November 24, 2015 by Fred Stiening

http://news.yahoo.com/media-giants-suspense-over-fate-92-old-boss-022012684.html 92 year old Sumner has controlling ownership of both Viacom and CBS (including CBS Radio). He has stopped attending conference calls with Wall Street analysts – this is viewed as an indication his health is failing. He has made … Continue reading →

Posted in CBS | 1 Comment

CBS Weather and Traffic on the 17s

Posted on July 15, 2015 by Fred Stiening

I guess it had to happen. With Sumner Redstone no longer in sole command of the Viacom / CBS empire, here come the idiots that destroyed Cumulus and iHeart’s soul. CBS has stood out as the “not stupid” radio operator. … Continue reading →

Posted in CBS | 1 Comment

What is a “Reverse Morris Trust”?

Posted on February 25, 2015 by Fred Stiening

http://en.wikipedia.org/wiki/Reverse_Morris_Trust When Disney wanted to unload ABC Radio (selling it to Citadel), they used a Reverse Morris Trust – the same mechanism is probably in play for the CBS Radio spinoff to Cumulus Media if it happens. This is pretty … Continue reading →

Posted in CBS, Cumulus Media, Radio Biz | Leave a comment