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Subject: News Update: Justice, CBS, and ARS.
This morning (Wednesday) just before 12 noon, WBZ radio had an item that the
Justice Department has given the green-light to CBS' acquisition of
American Radio Systems.
There was one catch. CBS will have to sell-off 7 ARS stations--4 of them in
the Boston area. The report did not say whether Justice has ordered CBS
to sell-off four specific stations or if CBS has to sell any four ARS
Boston-area stations of it's (CBS) choosing.
If CBS can decide which two stations to keep (this assumes WAAF is a Boston-
area station; otherwise, CBS may be able to keep just one Boston-area ARS
station), I think they'd keep WEEI and WRKO. They can then consolidate all
sports programming on WEEI, all talk shows on WRKO, and have WBZ go all-news
24 hours a day, 7 days a week. If they decide to keep only one AM station,
it will be interesting to see who they choose.
Once we know which stations can be spun off, we'll know more as to how
this deal will affect us the listeners. I wouldn't be surprised if Scott
Fybush gets the whole story in time to "publish" a special NERW later
today; but if not a special NERW today, certainly in tommorow's regular
weekly issue.
Joseph Gallant
<notquite@hotmail.com>
P.S.: Does anyone know what other ARS stations are being spun off, and
where those stations are??
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