Re: Boston (and Boston-related) radio news and rumors

[FM radio 1 <FMradio1@aol.com>]

In a message dated 98-04-18 18:53:39 EDT, beckwith@ime.net writes:

<< 1.  Jacor is rumored to be a merger target of Chancellor, whose CEO
 Scott Ginsburg just resigned.  Question:  would this threaten the 
 prospect of Jacor taking over the CBS/ARS leftover Boston properties?>>

If anything, this deal could help Chancellor get their hands on the CBS/ARS
stations.  It has been mentioned before that Mel Karmazin and Scott Ginsburg
could'nt stand eachother and Mel wouln't do business with Chancellor because
of this.  The rumors I've heard suggest Randy Michaels, CEO of Jacor, would
run the show for the merged company.  The new corporate structure may meet
Mel's approval for getting the deal done in Boston, and since he is under the
gun from the DOJ to dump the 4 stations, all this could come down fairly soon.
This would give Chancellor/Jacor four FM's and two high billing AM's, which
would make them a major player in the market, on par with CBS/ARS.

Mike Thomas, WERZ & Premiere Radio Networks

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End of boston-radio-interest-digest V2 #42
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