Charles River Broadcasting Puts Its Stations Up For Sale

[Shawn Mamros]

Don't know if anyone else noticed it, but the Glob is reporting this
morning that CRB is planning an announcement of their sale soon.
No word on who it is, but we know at least one who it isn't -
Woody Tanger.  His $60.5 million bid was turned down as being
"substantially too low".

Unless somebody like Bill Gates likes classical music so much that
he bought the station just to have something to listen to on those
rare occasions when he's in town, I think it's pretty safe to say
that classical music on 102.5 will soon be going, going, gone.
(And Ted Jones' trust isn't going to prevent it either, unless
there's anybody living who represents the trust that would counter
Charles River Broadcasting's opinion that the trust only expresses
a wish to keep the station classical, not a command.)

-Shawn Mamros
E-mail to: mamros -at- mit dot edu