Charles River Broadcasting Puts Its Stations Up For Sale

Shawn Mamros mamros@MIT.EDU
Fri Oct 28 10:18:12 EDT 2005


There's a Glob article in today's paper that provides a few more details.
Online version is at:
http://www.boston.com/business/articles/2005/10/28/wcrbs_parent_company_exploring_a_sale/

Some highlights:

- The late Ted Jones' trust document "expressed hope" that the station
remain classical, but according to Charles River Broadcasting chairman
Mary L. Marshall, it is *not* an absolute requirement.  CRB is, however,
requiring any potential buyer to put a classical format on "at least one"
of the digital channels.

- Woody Tanger is meeting with CRB representatives today.  His Marlin
Broadcasting might be interested in purchasing the company.  I suspect
that may be the most likely way - indeed, probably the only way - for
classical to remain on 102.5's primary channel.

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


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