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Re: Mel Buys Metro
- Subject: Re: Mel Buys Metro
- From: Mark Shneyder <bostonradio@yahoo.com>
- Date: Wed, 2 Jun 1999 09:52:01 -0700 (PDT)
Looks like there will be only one traffic service after
Dave Saperstein(Metro's boss) converts his 53% stake in MN
into 1.5 x Westwood One stock. Shadow is already in 'strategic
partnership' with Boston-based SmartRoutes.
Busy day for Mel so far. He also bought Switchboard.com.
- --- Bill O'Neill <billo@erols.com> wrote:
>
> Now, if CBS goes for it and buys the roadways, then they will not only
> be able to report the traffic but create the demand for the service.
> As for the WX services, they could invest in a cloud seeding
> operation, make it rain, and watch the numbers float. I am still
> working on the NX part.
>
> Bill O'Neill
>
>
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